MV · AsiaNO · Europe

Maldives vs Norway: tax rates compared

Between the two, Norway's income tax rate (39.7%) tops Maldives's (15%) by 24.7pp. The 200-country average is 28%: Maldives sits below it, Norway sits above it. Maldives's figure is dated 2020-01-01 and Norway's 2025-01-01, so the two rates come from different data vintages.

Verified data covers four of the six tracked tax types for both countries; every rate below is cited to its source and dated.

At a glance

0102030405060Income15%39.7%Corporate15%22%VAT8%25%Wealth Tax0%1.1%
four shared taxes, side by side
Tax MV NODifference
Income Tax15%39.7%NO +24.7 pplargest gap
Corporate Tax15%22%NO +7 pp
VAT8%25%NO +17 pp
Wealth Tax0%1.1%NO +1.1 pp

Income Tax

Income Tax, side by side
CountryRateSource
Maldives15%Source: Maldives Inland Revenue Authority (MIRA) — Individuals, Overview · as of 2020-01-01
Norway39.7%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Difference−24.7 ppNorway higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Maldives15%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Norway22%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−7 ppNorway higher

Between the two, Norway's corporate tax rate (22%) tops Maldives's (15%) by 7pp. The 201-country average is 22.6%: both sit below it.

VAT

VAT, side by side
CountryRateSource
Maldives8%Source: Maldives Inland Revenue Authority (MIRA) — Goods and Services Tax (GST) Overview · as of 2023-01-01
Norway25%Source: PWC Worldwide Tax Summaries — Norway (Corporate, Other taxes) · as of 2026-06-25
Difference−17 ppNorway higher

Between the two, Norway's VAT rate (25%) tops Maldives's (8%) by 17pp. The 181-country average is 15%: Maldives sits below it, Norway sits above it. Maldives's figure is dated 2023-01-01 and Norway's 2026-06-25, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Maldives0%Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 (content current as of 1 October 2025, published February 2026) — Maldives chapter · as of 2025-10-01
Norway1.1%Source: Skatteetaten (Norwegian Tax Administration) — Wealth tax rates · as of 2026-01-01
Difference−1.1 ppNorway higher

Between the two, Norway's wealth tax rate (1.1%) tops Maldives's (0%) by 1.1pp. The 193-country average is 0.1%: Maldives sits below it, Norway sits above it. Maldives's figure is dated 2025-10-01 and Norway's 2026-01-01, so the two rates come from different data vintages.

Not covered for both countries yet: Capital Gains Tax, Crypto Tax.