NR · OceaniaSO · Africa

Nauru vs Somalia: tax rates compared

Nauru's income tax rate is 2pp higher than Somalia's (20% vs 18%). The 200-country average is 28%: both sit below it. Nauru's figure is dated 2023-07-01 and Somalia's 2025-11-01, so the two rates come from different data vintages.

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

At a glance

0102030405060Income18%20%Corporate15%25%Wealth Tax0%
three shared taxes, side by side
Tax NR SODifference
Income Tax20%18%NR +2 pp
Corporate Tax25%15%NR +10 pplargest gap
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Nauru20%Source: Nauru Revenue Office, Ministry of Finance — Tax Rates (1 July 2023 - 30 June 2024) · as of 2023-07-01
Somalia18%Source: Ministry of Finance, Federal Republic of Somalia — Income Tax Manual (for the Income Tax Law 2025 & Income Tax Regulations 2025) · as of 2025-11-01
Difference+2 ppNauru higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Nauru25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Somalia15%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+10 ppNauru higher

Nauru's corporate tax rate is 10pp higher than Somalia's (25% vs 15%). The 201-country average is 22.6%: Nauru sits above it, Somalia sits below it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Nauru0%Source: Department of Finance, Republic of Nauru — NRO administered legislation · as of 2026-07-18
Somalia0%Source: Somalia Revenue Directorate — Direct Tax · as of 2026-07-18
Difference0 ppdisplayed rates match

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

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