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Nicaragua vs Spain: tax rates compared

Spain's income tax rate is 18.6pp higher than Nicaragua's (48.6% vs 30%). The 200-country average is 28%: both sit above it. Nicaragua's figure is dated 2026-01-12 and Spain's 2025-01-01, so the two rates come from different data vintages.

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%48.6%Corporate25%30%VAT15%21%Capital Gains15%30%Wealth Tax0%3.5%
five shared taxes, side by side
Tax NI ESDifference
Income Tax30%48.6%ES +18.6 pplargest gap
Corporate Tax30%25%NI +5 pp
VAT15%21%ES +6 pp
Capital Gains Tax15%30%ES +15 pp
Wealth Tax0%3.5%ES +3.5 pp

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
Spain48.6%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Difference−18.6 ppSpain higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Nicaragua30%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Spain25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+5 ppNicaragua higher

Nicaragua's corporate tax rate is 5pp higher than Spain's (30% vs 25%). 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
Spain21%Source: PWC Worldwide Tax Summaries — Spain (Corporate, Other taxes) · as of 2025-12-31
Difference−6 ppSpain higher

Spain's VAT rate is 6pp higher than Nicaragua's (21% vs 15%). The 181-country average is 15%: Nicaragua matches the world average, Spain sits above it. Nicaragua's figure is dated 2026-01-12 and Spain's 2025-12-31, so the two rates come from different data vintages.

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
Spain30%Source: PwC Worldwide Tax Summaries — Spain, Individual - Income determination · as of 2025-12-31
Difference−15 ppSpain higher

Spain's capital gains tax rate is 15pp higher than Nicaragua's (30% vs 15%). The 175-country average is 10.3%: both sit above it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Nicaragua0%Source: PWC Worldwide Tax Summaries — Nicaragua (Individual, Other taxes) · as of 2026-01-12
Spain3.5%Source: PWC Worldwide Tax Summaries — Spain (Individual, Other taxes) · as of 2025-12-31
Difference−3.5 ppSpain higher

Spain's wealth tax rate is 3.5pp higher than Nicaragua's (3.5% vs 0%). The 193-country average is 0.1%: Nicaragua sits below it, Spain sits above it. Nicaragua's figure is dated 2026-01-12 and Spain's 2025-12-31, so the two rates come from different data vintages.

Not covered for both countries yet: Crypto Tax.