NG · AfricaSG · Asia
Nigeria vs Singapore: tax rates compared
Nigeria's income tax rate is 1pp higher than Singapore's (25% vs 24%). The 200-country average is 28%: both sit below it.
Verified data covers six of the six tracked tax types for both countries; every rate below is cited to its source and dated.
At a glance
| Tax | NG | SG | Difference |
|---|---|---|---|
| Income Tax | 25% | 24% | NG +1 pp |
| Corporate Tax | 30% | 17% | NG +13 pp |
| VAT | 7.5% | 9% | SG +1.5 pp |
| Capital Gains Tax | 25% | 0% | NG +25 pplargest gap |
| Crypto Tax | 25% | 0% | NG +25 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Nigeria | 25% | Source: PWC Worldwide Tax Summaries — Nigeria (Individual, Taxes on personal income) · as of 2026-05-29 |
| Singapore | 24% | Source: Inland Revenue Authority of Singapore (IRAS) — Individual Income Tax rates · as of 2026-04-27 |
| Difference | +1 pp | Nigeria higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Nigeria | 30% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Singapore | 17% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +13 pp | Nigeria higher |
Nigeria's corporate tax rate is 13pp higher than Singapore's (30% vs 17%). The 201-country average is 22.6%: Nigeria sits above it, Singapore sits below it.
VAT
| Country | Rate | Source |
|---|---|---|
| Nigeria | 7.5% | Source: PWC Worldwide Tax Summaries — Nigeria (Corporate, Other taxes) · as of 2026-05-29 |
| Singapore | 9% | Source: PWC Worldwide Tax Summaries — Singapore (Corporate, Other taxes) · as of 2026-07-02 |
| Difference | −1.5 pp | Singapore higher |
Singapore's VAT rate is 1.5pp higher than Nigeria's (9% vs 7.5%). The 181-country average is 15%: both sit below it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Nigeria | 25% | Source: PwC Worldwide Tax Summaries — Nigeria (Individual, Income determination) · as of 2026-05-29 |
| Singapore | 0% | Source: PWC Worldwide Tax Summaries — Singapore (Individual, Other taxes) · as of 2026-07-02 |
| Difference | +25 pp | Nigeria higher |
Nigeria's capital gains tax rate is 25pp higher than Singapore's (25% vs 0%). The 175-country average is 10.3%: Nigeria sits above it, Singapore sits below it.
Crypto Tax
| Country | Rate | Source |
|---|---|---|
| Nigeria | 25% | Source: EY Worldwide Personal Tax and Immigration Guide 2026 — Nigeria · as of 2025-10-01 |
| Singapore | 0% | Source: IRAS e-Tax Guide — Income Tax Treatment of Digital Tokens · as of 2026-01-30 |
| Difference | +25 pp | Nigeria higher |
Nigeria's crypto tax rate is 25pp higher than Singapore's (25% vs 0%). The 88-country average is 13%: Nigeria sits above it, Singapore sits below it. Nigeria's figure is dated 2025-10-01 and Singapore's 2026-01-30, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Nigeria | 0% | Source: PWC Worldwide Tax Summaries — Nigeria (Individual, Other taxes) · as of 2026-05-29 |
| Singapore | 0% | Source: PWC Worldwide Tax Summaries — Singapore (Individual, Other taxes) · as of 2026-07-02 |
| Difference | 0 pp | displayed rates match |
Nigeria's wealth tax rate is identical to Singapore's — both sit at 0%. The 193-country average is 0.1%: both sit below it.