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Nicaragua vs Serbia: tax rates compared

Nicaragua's income tax rate is 20pp higher than Serbia's (30% vs 10%). The 200-country average is 28%: Nicaragua sits above it, Serbia sits below 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

0102030405060Income10%30%Corporate15%30%VAT15%20%Capital Gains15%Wealth Tax0%
five shared taxes, side by side
Tax NI RSDifference
Income Tax30%10%NI +20 pplargest gap
Corporate Tax30%15%NI +15 pp
VAT15%20%RS +5 pp
Capital Gains Tax15%15%match
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Nicaragua30%Source: PWC Worldwide Tax Summaries — Nicaragua (Individual, Taxes on personal income) · as of 2026-01-12
Serbia10%Source: PWC Worldwide Tax Summaries — Serbia (Individual, Income determination) · as of 2026-02-25
Difference+20 ppNicaragua higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Nicaragua30%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Serbia15%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+15 ppNicaragua higher

Nicaragua's corporate tax rate is 15pp higher than Serbia's (30% vs 15%). The 201-country average is 22.6%: Nicaragua sits above it, Serbia sits below it.

VAT

VAT, side by side
CountryRateSource
Nicaragua15%Source: PWC Worldwide Tax Summaries — Nicaragua (Corporate, Other taxes) · as of 2026-01-12
Serbia20%Source: PWC Worldwide Tax Summaries — Serbia (Corporate, Other taxes) · as of 2026-02-25
Difference−5 ppSerbia higher

Serbia's VAT rate is 5pp higher than Nicaragua's (20% vs 15%). The 181-country average is 15%: Nicaragua matches the world average, Serbia sits above it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Nicaragua15%Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 — Nicaragua · as of 2025-10-01
Serbia15%Source: PWC Worldwide Tax Summaries — Serbia (Individual, Income determination) · as of 2026-02-25
Difference0 ppdisplayed rates match

Nicaragua's capital gains tax rate is identical to Serbia's — both sit at 15%. The 175-country average is 10.3%: both sit above it. Nicaragua's figure is dated 2025-10-01 and Serbia's 2026-02-25, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Nicaragua0%Source: PWC Worldwide Tax Summaries — Nicaragua (Individual, Other taxes) · as of 2026-01-12
Serbia0%Source: PWC Worldwide Tax Summaries — Serbia (Net wealth/worth tax rates) · as of 2026-02-25
Difference0 ppdisplayed rates match

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

Not covered for both countries yet: Crypto Tax.