MC · EuropeSE · Europe

Monaco vs Sweden: tax rates compared

Sweden's income tax rate is 52.4pp higher than Monaco's (52.4% vs 0%). The 200-country average is 28%: Monaco sits below it, Sweden sits above it. Monaco's figure is dated 2023-03-13 and Sweden's 2025-01-01, so the two rates come from different data vintages.

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

At a glance

0102030405060Income0%52.4%Corporate20.6%25%VAT20%25%Capital Gains0%30%Crypto0%30%Wealth Tax0%
six shared taxes, side by side
Tax MC SEDifference
Income Tax0%52.4%SE +52.4 pplargest gap
Corporate Tax25%20.6%MC +4.4 pp
VAT20%25%SE +5 pp
Capital Gains Tax0%30%SE +30 pp
Crypto Tax0%30%SE +30 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Monaco0%Source: Monaco Public Service Portal (monservicepublic.gouv.mc) — Tax in Monaco · as of 2023-03-13
Sweden52.4%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Difference−52.4 ppSweden higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Monaco25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Sweden20.6%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+4.4 ppMonaco higher

Monaco's corporate tax rate is 4.4pp higher than Sweden's (25% vs 20.6%). The 201-country average is 22.6%: Monaco sits above it, Sweden sits below it.

VAT

VAT, side by side
CountryRateSource
Monaco20%Source: Monaco government portal (MonEntreprise.gouv.mc) — VAT · as of 2023-03-07
Sweden25%Source: PWC Worldwide Tax Summaries — Sweden (Corporate, Other taxes) · as of 2025-12-17
Difference−5 ppSweden higher

Sweden's VAT rate is 5pp higher than Monaco's (25% vs 20%). The 181-country average is 15%: both sit above it. Monaco's figure is dated 2023-03-07 and Sweden's 2025-12-17, so the two rates come from different data vintages.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Monaco0%Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 — Monaco · as of 2025-10-01
Sweden30%Source: PWC Worldwide Tax Summaries — Sweden (Individual, Income determination) · as of 2026-02-09
Difference−30 ppSweden higher

Sweden's capital gains tax rate is 30pp higher than Monaco's (30% vs 0%). The 175-country average is 10.3%: Monaco sits below it, Sweden sits above it. Monaco's figure is dated 2025-10-01 and Sweden's 2026-02-09, so the two rates come from different data vintages.

Crypto Tax

Crypto Tax, side by side
CountryRateSource
Monaco0%Source: Monaco Public Service Portal (monservicepublic.gouv.mc) — Tax in Monaco · as of 2023-03-13
Sweden30%Source: Skatteverket — Kryptovalutor · as of 2026-06-24
Difference−30 ppSweden higher

Sweden's crypto tax rate is 30pp higher than Monaco's (30% vs 0%). The 88-country average is 13%: Monaco sits below it, Sweden sits above it. Monaco's figure is dated 2023-03-13 and Sweden's 2026-06-24, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Monaco0%Source: Monaco Public Service Portal (monservicepublic.gouv.mc) — Tax in Monaco · as of 2026-07-18
Sweden0%Source: PWC Worldwide Tax Summaries — Sweden (Individual, Other taxes) · as of 2026-02-09
Difference0 ppdisplayed rates match

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