NG · AfricaMK · Europe

Nigeria vs North Macedonia: tax rates compared

Between the two, Nigeria's income tax rate (25%) tops North Macedonia's (10%) by 15pp. The 200-country average is 28%: both sit below it. Nigeria's figure is dated 2026-05-29 and North Macedonia's 2023-01-01, 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

0102030405060Income10%25%Corporate10%30%VAT7.5%18%Capital Gains10%25%Wealth Tax0%
five shared taxes, side by side
Tax NG MKDifference
Income Tax25%10%NG +15 pp
Corporate Tax30%10%NG +20 pplargest gap
VAT7.5%18%MK +10.5 pp
Capital Gains Tax25%10%NG +15 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Nigeria25%Source: PWC Worldwide Tax Summaries — Nigeria (Individual, Taxes on personal income) · as of 2026-05-29
North Macedonia10%Source: PWC Worldwide Tax Summaries — North Macedonia (Individual, Taxes on personal income) · as of 2023-01-01
Difference+15 ppNigeria higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Nigeria30%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
North Macedonia10%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+20 ppNigeria higher

Between the two, Nigeria's corporate tax rate (30%) tops North Macedonia's (10%) by 20pp. The 201-country average is 22.6%: Nigeria sits above it, North Macedonia sits below it.

VAT

VAT, side by side
CountryRateSource
Nigeria7.5%Source: PWC Worldwide Tax Summaries — Nigeria (Corporate, Other taxes) · as of 2026-05-29
North Macedonia18%Source: PWC Worldwide Tax Summaries — North Macedonia (Corporate, Other taxes) · as of 2026-07-23
Difference−10.5 ppNorth Macedonia higher

Between the two, North Macedonia's VAT rate (18%) tops Nigeria's (7.5%) by 10.5pp. The 181-country average is 15%: Nigeria sits below it, North Macedonia sits above it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Nigeria25%Source: PwC Worldwide Tax Summaries — Nigeria (Individual, Income determination) · as of 2026-05-29
North Macedonia10%Source: PwC Worldwide Tax Summaries — North Macedonia (Individual, Taxes on personal income) · as of 2026-02-08
Difference+15 ppNigeria higher

Between the two, Nigeria's capital gains tax rate (25%) tops North Macedonia's (10%) by 15pp. The 175-country average is 10.3%: Nigeria sits above it, North Macedonia sits below it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Nigeria0%Source: PWC Worldwide Tax Summaries — Nigeria (Individual, Other taxes) · as of 2026-05-29
North Macedonia0%Source: Ministry of Finance of the Republic of North Macedonia — Taxes and Customs · as of 2026-07-18
Difference0 ppdisplayed rates match

There's no gap here — Nigeria and North Macedonia 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: Crypto Tax.