MK · EuropeRW · Africa
North Macedonia vs Rwanda: tax rates compared
Rwanda's income tax rate is 20pp higher than North Macedonia's (30% vs 10%). The 200-country average is 28%: North Macedonia sits below it, Rwanda sits above it. North Macedonia's figure is dated 2023-01-01 and Rwanda's 2026-07-20, 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
| Tax | MK | RW | Difference |
|---|---|---|---|
| Income Tax | 10% | 30% | RW +20 pplargest gap |
| Corporate Tax | 10% | 28% | RW +18 pp |
| VAT | 18% | 18% | match |
| Capital Gains Tax | 10% | 0% | MK +10 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| North Macedonia | 10% | Source: PWC Worldwide Tax Summaries — North Macedonia (Individual, Taxes on personal income) · as of 2023-01-01 |
| Rwanda | 30% | Source: Rwanda Revenue Authority — Calculate PAYE · as of 2026-07-20 |
| Difference | −20 pp | Rwanda higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| North Macedonia | 10% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Rwanda | 28% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −18 pp | Rwanda higher |
Rwanda's corporate tax rate is 18pp higher than North Macedonia's (28% vs 10%). The 201-country average is 22.6%: North Macedonia sits below it, Rwanda sits above it.
VAT
| Country | Rate | Source |
|---|---|---|
| North Macedonia | 18% | Source: PWC Worldwide Tax Summaries — North Macedonia (Corporate, Other taxes) · as of 2026-07-23 |
| Rwanda | 18% | Source: PWC Worldwide Tax Summaries — Rwanda (Corporate, Other taxes) · as of 2026-02-18 |
| Difference | 0 pp | displayed rates match |
North Macedonia's VAT rate is identical to Rwanda's — both sit at 18%. The 181-country average is 15%: both sit above it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| North Macedonia | 10% | Source: PwC Worldwide Tax Summaries — North Macedonia (Individual, Taxes on personal income) · as of 2026-02-08 |
| Rwanda | 0% | Source: PWC Worldwide Tax Summaries — Rwanda (Individual, Other taxes) · as of 2026-02-18 |
| Difference | +10 pp | North Macedonia higher |
North Macedonia's capital gains tax rate is 10pp higher than Rwanda's (10% vs 0%). The 175-country average is 10.3%: both sit below it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| North Macedonia | 0% | Source: Ministry of Finance of the Republic of North Macedonia — Taxes and Customs · as of 2026-07-18 |
| Rwanda | 0% | Source: PWC Worldwide Tax Summaries — Rwanda (Individual, Other taxes) · as of 2026-02-18 |
| Difference | 0 pp | displayed rates match |
North Macedonia's wealth tax rate is identical to Rwanda's — both sit at 0%. The 193-country average is 0.1%: both sit below it.
Not covered for both countries yet: Crypto Tax.