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Namibia vs Türkiye: tax rates compared

Türkiye's income tax rate is 3.8pp higher than Namibia's (40.8% vs 37%). The 200-country average is 28%: both sit above it.

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

0102030405060Income37%40.8%Corporate25%30%VAT15%20%Capital Gains0%Wealth Tax0%
five shared taxes, side by side
Tax NA TRDifference
Income Tax37%40.8%TR +3.8 pp
Corporate Tax30%25%NA +5 pplargest gap
VAT15%20%TR +5 pp
Capital Gains Tax0%0%match
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
Türkiye40.8%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Difference−3.8 ppTürkiye higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Namibia30%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Türkiye25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+5 ppNamibia higher

Namibia's corporate tax rate is 5pp higher than Türkiye's (30% vs 25%). The 201-country average is 22.6%: both sit above it.

VAT

VAT, side by side
CountryRateSource
Namibia15%Source: PWC Worldwide Tax Summaries — Namibia, Republic of (Corporate, Other taxes) · as of 2026-07-16
Türkiye20%Source: PWC Worldwide Tax Summaries — Turkey (Corporate, Other taxes) · as of 2026-03-27
Difference−5 ppTürkiye higher

Türkiye's VAT rate is 5pp higher than Namibia's (20% vs 15%). The 181-country average is 15%: Namibia matches the world average, Türkiye 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
Türkiye0%Source: PWC Worldwide Tax Summaries — Turkey (Individual, Income determination) · as of 2026-03-27
Difference0 ppdisplayed rates match

Namibia's capital gains tax rate is identical to Türkiye's — both sit at 0%. The 175-country average is 10.3%: both sit below it. Namibia's figure is dated 2025-10-01 and Türkiye's 2026-03-27, 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
Türkiye0%Source: PWC Worldwide Tax Summaries — Türkiye (Individual, Other taxes) · as of 2026-03-27
Difference0 ppdisplayed rates match

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

Not covered for both countries yet: Crypto Tax.