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Nicaragua vs South Africa: tax rates compared

South Africa's income tax rate is 15pp higher than Nicaragua's (45% vs 30%). 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

0102030405060Income30%45%Corporate27%30%VAT15%Capital Gains15%18%Wealth Tax0%
five shared taxes, side by side
Tax NI ZADifference
Income Tax30%45%ZA +15 pplargest gap
Corporate Tax30%27%NI +3 pp
VAT15%15%match
Capital Gains Tax15%18%ZA +3 pp
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
South Africa45%Source: PWC Worldwide Tax Summaries — South Africa (Individual, Taxes on personal income) · as of 2026-03-01
Difference−15 ppSouth Africa higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Nicaragua30%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
South Africa27%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+3 ppNicaragua higher

Nicaragua's corporate tax rate is 3pp higher than South Africa's (30% vs 27%). The 201-country average is 22.6%: both sit above it.

VAT

VAT, side by side
CountryRateSource
Nicaragua15%Source: PWC Worldwide Tax Summaries — Nicaragua (Corporate, Other taxes) · as of 2026-01-12
South Africa15%Source: PWC Worldwide Tax Summaries — South Africa (Corporate, Other taxes) · as of 2026-05-29
Difference0 ppdisplayed rates match

Nicaragua's VAT rate is identical to South Africa's — both sit at 15%. The 181-country average is 15%: Nicaragua matches the world average, South Africa matches the world average.

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
South Africa18%Source: PWC Worldwide Tax Summaries — South Africa (Individual, Income determination) · as of 2026-05-29
Difference−3 ppSouth Africa higher

South Africa's capital gains tax rate is 3pp higher than Nicaragua's (18% vs 15%). The 175-country average is 10.3%: both sit above it. Nicaragua's figure is dated 2025-10-01 and South Africa's 2026-05-29, 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
South Africa0%Source: PWC Worldwide Tax Summaries — South Africa (Individual, Other taxes) · as of 2026-05-29
Difference0 ppdisplayed rates match

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

Not covered for both countries yet: Crypto Tax.