NG · Africa ↔ SO · Africa

Nigeria vs Somalia: tax rates compared

Nigeria has a corporate tax rate of 30%, 15pp above Somalia's 15%. The 201-country average is 22.6%: Nigeria sits above it, Somalia sits below it.

Verified data covers two of the six tracked tax types for both countries; every rate below is cited to its source and dated.

Corporate Tax

0102030405060World avg 22.6%NG 30%SO 15%
Corporate Tax, side by side
CountryRateSource
Nigeria30%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Somalia15%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+15 ppNigeria higherlargest gap on this page

Wealth Tax

0102030405060World avg 0.1%NG 0%SO 0%
Wealth Tax, side by side
CountryRateSource
Nigeria0%Source: PWC Worldwide Tax Summaries — Nigeria (Individual, Other taxes) · as of 2026-05-29
Somalia0%Source: Somalia Revenue Directorate — Direct Tax · as of 2026-07-18
Difference0 ppdisplayed rates match

Nigeria and Somalia share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it.

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