FM · OceaniaNI · Americas

Micronesia vs Nicaragua: tax rates compared

Between the two, Nicaragua's income tax rate (30%) tops Micronesia's (10%) by 20pp. The 200-country average is 28%: Micronesia sits below it, Nicaragua sits above it.

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

0102030405060Income10%30%Corporate30%Capital Gains0%15%Wealth Tax0%
four shared taxes, side by side
Tax FM NIDifference
Income Tax10%30%NI +20 pplargest gap
Corporate Tax30%30%match
Capital Gains Tax0%15%NI +15 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Micronesia10%Source: Code of the Federated States of Micronesia, Title 54 (Taxation and Customs), Section 121 · as of 2026-07-20
Nicaragua30%Source: PWC Worldwide Tax Summaries — Nicaragua (Individual, Taxes on personal income) · as of 2026-01-12
Difference−20 ppNicaragua higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Micronesia30%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Nicaragua30%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference0 ppdisplayed rates match

There's no gap here — Micronesia and Nicaragua both post a corporate tax rate of 30%. The 201-country average is 22.6%: both sit above it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Micronesia0%Source: Code of the Federated States of Micronesia, Title 54 — Taxation and Customs · as of 2026-07-19
Nicaragua15%Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 — Nicaragua · as of 2025-10-01
Difference−15 ppNicaragua higher

Between the two, Nicaragua's capital gains tax rate (15%) tops Micronesia's (0%) by 15pp. The 175-country average is 10.3%: Micronesia sits below it, Nicaragua sits above it. Micronesia's figure is dated 2026-07-19 and Nicaragua's 2025-10-01, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Micronesia0%Source: Federated States of Micronesia Code, Title 54 (Taxation and Customs), via fsmlaw.org · as of 2026-07-18
Nicaragua0%Source: PWC Worldwide Tax Summaries — Nicaragua (Individual, Other taxes) · as of 2026-01-12
Difference0 ppdisplayed rates match

There's no gap here — Micronesia and Nicaragua both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it.

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