MK · EuropeSN · Africa

North Macedonia vs Senegal: tax rates compared

Between the two, Senegal's income tax rate (43%) tops North Macedonia's (10%) by 33pp. The 200-country average is 28%: North Macedonia sits below it, Senegal sits above it. North Macedonia's figure is dated 2023-01-01 and Senegal's 2026-03-31, 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

0102030405060Income10%43%Corporate10%30%VAT18%Capital Gains10%43%Wealth Tax0%
five shared taxes, side by side
Tax MK SNDifference
Income Tax10%43%SN +33 pplargest gap
Corporate Tax10%30%SN +20 pp
VAT18%18%match
Capital Gains Tax10%43%SN +33 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
North Macedonia10%Source: PWC Worldwide Tax Summaries — North Macedonia (Individual, Taxes on personal income) · as of 2023-01-01
Senegal43%Source: PWC Worldwide Tax Summaries — Senegal (Individual, Taxes on personal income) · as of 2026-03-31
Difference−33 ppSenegal higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
North Macedonia10%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Senegal30%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−20 ppSenegal higher

Between the two, Senegal's corporate tax rate (30%) tops North Macedonia's (10%) by 20pp. The 201-country average is 22.6%: North Macedonia sits below it, Senegal sits above it.

VAT

VAT, side by side
CountryRateSource
North Macedonia18%Source: PWC Worldwide Tax Summaries — North Macedonia (Corporate, Other taxes) · as of 2026-07-23
Senegal18%Source: PWC Worldwide Tax Summaries — Senegal (Corporate, Other taxes) · as of 2026-03-31
Difference0 ppdisplayed rates match

There's no gap here — North Macedonia and Senegal both post a VAT rate of 18%. The 181-country average is 15%: both sit above it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
North Macedonia10%Source: PwC Worldwide Tax Summaries — North Macedonia (Individual, Taxes on personal income) · as of 2026-02-08
Senegal43%Source: PWC Worldwide Tax Summaries — Senegal (Individual, Taxes on personal income) · as of 2026-03-31
Difference−33 ppSenegal higher

Between the two, Senegal's capital gains tax rate (43%) tops North Macedonia's (10%) by 33pp. The 175-country average is 10.3%: North Macedonia sits below it, Senegal sits above it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
North Macedonia0%Source: Ministry of Finance of the Republic of North Macedonia — Taxes and Customs · as of 2026-07-18
Senegal0%Source: PWC Worldwide Tax Summaries — Senegal (Individual, Other taxes) · as of 2026-03-31
Difference0 ppdisplayed rates match

There's no gap here — North Macedonia and Senegal both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it.

Not covered for both countries yet: Crypto Tax.