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North Macedonia vs Sweden: tax rates compared

Sweden's income tax rate is 42.4pp higher than North Macedonia's (52.4% vs 10%). The 200-country average is 28%: North Macedonia sits below it, Sweden sits above it. North Macedonia's figure is dated 2023-01-01 and Sweden's 2025-01-01, 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%52.4%Corporate10%20.6%VAT18%25%Capital Gains10%30%Wealth Tax0%
five shared taxes, side by side
Tax MK SEDifference
Income Tax10%52.4%SE +42.4 pplargest gap
Corporate Tax10%20.6%SE +10.6 pp
VAT18%25%SE +7 pp
Capital Gains Tax10%30%SE +20 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
Sweden52.4%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Difference−42.4 ppSweden higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
North Macedonia10%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Sweden20.6%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−10.6 ppSweden higher

Sweden's corporate tax rate is 10.6pp higher than North Macedonia's (20.6% vs 10%). The 201-country average is 22.6%: both sit below it.

VAT

VAT, side by side
CountryRateSource
North Macedonia18%Source: PWC Worldwide Tax Summaries — North Macedonia (Corporate, Other taxes) · as of 2026-07-23
Sweden25%Source: PWC Worldwide Tax Summaries — Sweden (Corporate, Other taxes) · as of 2025-12-17
Difference−7 ppSweden higher

Sweden's VAT rate is 7pp higher than North Macedonia's (25% vs 18%). The 181-country average is 15%: both sit above it. North Macedonia's figure is dated 2026-07-23 and Sweden's 2025-12-17, so the two rates come from different data vintages.

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
Sweden30%Source: PWC Worldwide Tax Summaries — Sweden (Individual, Income determination) · as of 2026-02-09
Difference−20 ppSweden higher

Sweden's capital gains tax rate is 20pp higher than North Macedonia's (30% vs 10%). The 175-country average is 10.3%: North Macedonia sits below it, Sweden 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
Sweden0%Source: PWC Worldwide Tax Summaries — Sweden (Individual, Other taxes) · as of 2026-02-09
Difference0 ppdisplayed rates match

North Macedonia's wealth tax rate is identical to Sweden's — both sit at 0%. The 193-country average is 0.1%: both sit below it.

Not covered for both countries yet: Crypto Tax.