NG · AfricaUY · Americas

Nigeria vs Uruguay: tax rates compared

Uruguay has an income tax rate of 36%, 11pp above Nigeria's 25%. The 200-country average is 28%: Nigeria sits below it, Uruguay sits above it. Nigeria's figure is dated 2026-05-29 and Uruguay's 2025-12-31, 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

0102030405060Income25%36%Corporate25%30%VAT7.5%22%Capital Gains12%25%Wealth Tax0%0.1%
five shared taxes, side by side
Tax NG UYDifference
Income Tax25%36%UY +11 pp
Corporate Tax30%25%NG +5 pp
VAT7.5%22%UY +14.5 pplargest gap
Capital Gains Tax25%12%NG +13 pp
Wealth Tax0%0.1%UY +0.1 pp

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
Uruguay36%Source: PWC Worldwide Tax Summaries — Uruguay (Individual, Taxes on personal income) · as of 2025-12-31
Difference−11 ppUruguay higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Nigeria30%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Uruguay25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+5 ppNigeria higher

Nigeria has a corporate tax rate of 30%, 5pp above Uruguay's 25%. The 201-country average is 22.6%: both sit above it.

VAT

VAT, side by side
CountryRateSource
Nigeria7.5%Source: PWC Worldwide Tax Summaries — Nigeria (Corporate, Other taxes) · as of 2026-05-29
Uruguay22%Source: Dirección General Impositiva (DGI), Uruguay · as of 2024-06-18
Difference−14.5 ppUruguay higher

Uruguay has a VAT rate of 22%, 14.5pp above Nigeria's 7.5%. The 181-country average is 15%: Nigeria sits below it, Uruguay sits above it. Nigeria's figure is dated 2026-05-29 and Uruguay's 2024-06-18, so the two rates come from different data vintages.

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
Uruguay12%Source: PWC Worldwide Tax Summaries — Uruguay (Individual, Income determination) · as of 2026-03-09
Difference+13 ppNigeria higher

Nigeria has a capital gains tax rate of 25%, 13pp above Uruguay's 12%. The 175-country average is 10.3%: both sit 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
Uruguay0.1%Source: Dirección General Impositiva — Tasas del Impuesto al Patrimonio, personas físicas 2025 · as of 2025-01-01
Difference−0.1 ppUruguay higher

Uruguay has a wealth tax rate of 0.1%, 0.1pp above Nigeria's 0%. The 193-country average is 0.1%: Nigeria sits below it, Uruguay matches the world average. Nigeria's figure is dated 2026-05-29 and Uruguay's 2025-01-01, so the two rates come from different data vintages.

Not covered for both countries yet: Crypto Tax.