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Nicaragua vs Palestine: tax rates compared
Nicaragua has an income tax rate of 30%, 15pp above Palestine's 15%. The 200-country average is 28%: Nicaragua sits above it, Palestine sits below it.
Verified data covers four of the six tracked tax types for both countries; every rate below is cited to its source and dated.
At a glance
| Tax | NI | PS | Difference |
|---|---|---|---|
| Income Tax | 30% | 15% | NI +15 pplargest gap |
| Corporate Tax | 30% | 15% | NI +15 pp |
| VAT | 15% | 16% | PS +1 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Nicaragua | 30% | Source: PWC Worldwide Tax Summaries — Nicaragua (Individual, Taxes on personal income) · as of 2026-01-12 |
| Palestine | 15% | Source: PWC Worldwide Tax Summaries — Palestinian territories (Individual, Taxes on personal income) · as of 2026-02-09 |
| Difference | +15 pp | Nicaragua higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Nicaragua | 30% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Palestine | 15% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +15 pp | Nicaragua higher |
Nicaragua has a corporate tax rate of 30%, 15pp above Palestine's 15%. The 201-country average is 22.6%: Nicaragua sits above it, Palestine sits below it.
VAT
| Country | Rate | Source |
|---|---|---|
| Nicaragua | 15% | Source: PWC Worldwide Tax Summaries — Nicaragua (Corporate, Other taxes) · as of 2026-01-12 |
| Palestine | 16% | Source: PWC Worldwide Tax Summaries — Palestinian territories (Corporate, Other taxes) · as of 2026-02-09 |
| Difference | −1 pp | Palestine higher |
Palestine has a VAT rate of 16%, 1pp above Nicaragua's 15%. The 181-country average is 15%: Nicaragua matches the world average, Palestine sits above it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Nicaragua | 0% | Source: PWC Worldwide Tax Summaries — Nicaragua (Individual, Other taxes) · as of 2026-01-12 |
| Palestine | 0% | Source: PWC Worldwide Tax Summaries — Palestinian Territories (Individual, Other taxes) · as of 2026-02-09 |
| Difference | 0 pp | displayed rates match |
Nicaragua and Palestine share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it.
Not covered for both countries yet: Capital Gains Tax, Crypto Tax.