NZ · OceaniaSO · Africa

New Zealand vs Somalia: tax rates compared

Between the two, New Zealand's income tax rate (39%) tops Somalia's (18%) by 21pp. The 200-country average is 28%: New Zealand sits above it, Somalia sits below it.

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%39%Corporate15%28%Wealth Tax0%
three shared taxes, side by side
Tax NZ SODifference
Income Tax39%18%NZ +21 pplargest gap
Corporate Tax28%15%NZ +13 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
New Zealand39%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
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+21 ppNew Zealand higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
New Zealand28%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+13 ppNew Zealand higher

Between the two, New Zealand's corporate tax rate (28%) tops Somalia's (15%) by 13pp. The 201-country average is 22.6%: New Zealand sits above it, Somalia sits below it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
New Zealand0%Source: PWC Worldwide Tax Summaries — New Zealand (Net wealth/worth tax rates) · as of 2026-07-06
Somalia0%Source: Somalia Revenue Directorate — Direct Tax · as of 2026-07-18
Difference0 ppdisplayed rates match

There's no gap here — New Zealand and Somalia both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it.

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