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Mongolia vs Namibia: tax rates compared

Namibia has an income tax rate of 37%, 17pp above Mongolia's 20%. The 200-country average is 28%: Mongolia sits below it, Namibia sits above it. Mongolia's figure is dated 2026-06-08 and Namibia's 2025-03-01, so the two rates come from different data vintages.

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

At a glance

0102030405060Income20%37%Corporate25%30%VAT10%15%Capital Gains0%10%Wealth Tax0%
five shared taxes, side by side
Tax MN NADifference
Income Tax20%37%NA +17 pplargest gap
Corporate Tax25%30%NA +5 pp
VAT10%15%NA +5 pp
Capital Gains Tax10%0%MN +10 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Mongolia20%Source: PWC Worldwide Tax Summaries — Mongolia (Individual, Taxes on personal income) · as of 2026-06-08
Namibia37%Source: PWC Worldwide Tax Summaries — Namibia, Republic of (Individual, Taxes on personal income) · as of 2025-03-01
Difference−17 ppNamibia higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Mongolia25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Namibia30%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−5 ppNamibia higher

Namibia has a corporate tax rate of 30%, 5pp above Mongolia's 25%. The 201-country average is 22.6%: both sit above it.

VAT

VAT, side by side
CountryRateSource
Mongolia10%Source: PWC Worldwide Tax Summaries — Mongolia (Corporate, Other taxes) · as of 2026-06-08
Namibia15%Source: PWC Worldwide Tax Summaries — Namibia, Republic of (Corporate, Other taxes) · as of 2026-07-16
Difference−5 ppNamibia higher

Namibia has a VAT rate of 15%, 5pp above Mongolia's 10%. The 181-country average is 15%: Mongolia sits below it, Namibia matches the world average.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Mongolia10%Source: PwC Worldwide Tax Summaries — Mongolia (Individual, Income determination) · as of 2026-06-08
Namibia0%Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 — Namibia · as of 2025-10-01
Difference+10 ppMongolia higher

Mongolia has a capital gains tax rate of 10%, 10pp above Namibia's 0%. The 175-country average is 10.3%: both sit below it. Mongolia's figure is dated 2026-06-08 and Namibia's 2025-10-01, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Mongolia0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-06-08
Namibia0%Source: PWC Worldwide Tax Summaries — Namibia, Republic of (Individual, Other taxes) · as of 2026-07-16
Difference0 ppdisplayed rates match

Mongolia and Namibia share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it.

Not covered for both countries yet: Crypto Tax.