NA · AfricaMK · Europe

Namibia vs North Macedonia: tax rates compared

Namibia's income tax rate is 27pp higher than North Macedonia's (37% vs 10%). The 200-country average is 28%: Namibia sits above it, North Macedonia sits below it. Namibia's figure is dated 2025-03-01 and North Macedonia's 2023-01-01, 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

0102030405060Income10%37%Corporate10%30%VAT15%18%Capital Gains0%10%Wealth Tax0%
five shared taxes, side by side
Tax NA MKDifference
Income Tax37%10%NA +27 pplargest gap
Corporate Tax30%10%NA +20 pp
VAT15%18%MK +3 pp
Capital Gains Tax0%10%MK +10 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Namibia37%Source: PWC Worldwide Tax Summaries — Namibia, Republic of (Individual, Taxes on personal income) · as of 2025-03-01
North Macedonia10%Source: PWC Worldwide Tax Summaries — North Macedonia (Individual, Taxes on personal income) · as of 2023-01-01
Difference+27 ppNamibia higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Namibia30%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
North Macedonia10%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+20 ppNamibia higher

Namibia's corporate tax rate is 20pp higher than North Macedonia's (30% vs 10%). The 201-country average is 22.6%: Namibia sits above it, North Macedonia sits below it.

VAT

VAT, side by side
CountryRateSource
Namibia15%Source: PWC Worldwide Tax Summaries — Namibia, Republic of (Corporate, Other taxes) · as of 2026-07-16
North Macedonia18%Source: PWC Worldwide Tax Summaries — North Macedonia (Corporate, Other taxes) · as of 2026-07-23
Difference−3 ppNorth Macedonia higher

North Macedonia's VAT rate is 3pp higher than Namibia's (18% vs 15%). The 181-country average is 15%: Namibia matches the world average, North Macedonia sits above it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Namibia0%Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 — Namibia · as of 2025-10-01
North Macedonia10%Source: PwC Worldwide Tax Summaries — North Macedonia (Individual, Taxes on personal income) · as of 2026-02-08
Difference−10 ppNorth Macedonia higher

North Macedonia's capital gains tax rate is 10pp higher than Namibia's (10% vs 0%). The 175-country average is 10.3%: both sit below it. Namibia's figure is dated 2025-10-01 and North Macedonia's 2026-02-08, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Namibia0%Source: PWC Worldwide Tax Summaries — Namibia, Republic of (Individual, Other taxes) · as of 2026-07-16
North Macedonia0%Source: Ministry of Finance of the Republic of North Macedonia — Taxes and Customs · as of 2026-07-18
Difference0 ppdisplayed rates match

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

Not covered for both countries yet: Crypto Tax.