ML · AfricaSO · Africa

Mali vs Somalia: tax rates compared

Mali's income tax rate is 19pp higher than Somalia's (37% vs 18%). The 200-country average is 28%: Mali sits above it, Somalia sits below it. Mali's figure is dated 2015-07-01 and Somalia's 2025-11-01, so the two rates come from different data vintages.

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

At a glance

0102030405060Income18%37%Corporate15%30%Wealth Tax0%
three shared taxes, side by side
Tax ML SODifference
Income Tax37%18%ML +19 pplargest gap
Corporate Tax30%15%ML +15 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Mali37%Source: Code Général des Impôts du Mali — Direction Générale des Impôts (Article 10) · as of 2015-07-01
Somalia18%Source: Ministry of Finance, Federal Republic of Somalia — Income Tax Manual (for the Income Tax Law 2025 & Income Tax Regulations 2025) · as of 2025-11-01
Difference+19 ppMali higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Mali30%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Somalia15%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+15 ppMali higher

Mali's corporate tax rate is 15pp higher than Somalia's (30% vs 15%). The 201-country average is 22.6%: Mali sits above it, Somalia sits below it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Mali0%Source: Direction Générale des Impôts du Mali — official site · as of 2026-07-18
Somalia0%Source: Somalia Revenue Directorate — Direct Tax · as of 2026-07-18
Difference0 ppdisplayed rates match

Mali's wealth tax rate is identical to Somalia's — both sit at 0%. The 193-country average is 0.1%: both sit below it.

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