NG · AfricaPS · Asia

Nigeria vs Palestine: tax rates compared

Nigeria's income tax rate is 10pp higher than Palestine's (25% vs 15%). The 200-country average is 28%: both sit 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

0102030405060Income15%25%Corporate15%30%VAT7.5%16%Wealth Tax0%
four shared taxes, side by side
Tax NG PSDifference
Income Tax25%15%NG +10 pp
Corporate Tax30%15%NG +15 pplargest gap
VAT7.5%16%PS +8.5 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
Palestine15%Source: PWC Worldwide Tax Summaries — Palestinian territories (Individual, Taxes on personal income) · as of 2026-02-09
Difference+10 ppNigeria higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Nigeria30%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Palestine15%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+15 ppNigeria higher

Nigeria's corporate tax rate is 15pp higher than Palestine's (30% vs 15%). The 201-country average is 22.6%: Nigeria sits above it, Palestine 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
Palestine16%Source: PWC Worldwide Tax Summaries — Palestinian territories (Corporate, Other taxes) · as of 2026-02-09
Difference−8.5 ppPalestine higher

Palestine's VAT rate is 8.5pp higher than Nigeria's (16% vs 7.5%). The 181-country average is 15%: Nigeria sits below it, Palestine sits above it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Nigeria0%Source: PWC Worldwide Tax Summaries — Nigeria (Individual, Other taxes) · as of 2026-05-29
Palestine0%Source: PWC Worldwide Tax Summaries — Palestinian Territories (Individual, Other taxes) · as of 2026-02-09
Difference0 ppdisplayed rates match

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

Not covered for both countries yet: Capital Gains Tax, Crypto Tax.