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Norway vs Peru: tax rates compared
Norway's income tax rate is 9.7pp higher than Peru's (39.7% vs 30%). The 200-country average is 28%: both sit above it. Norway's figure is dated 2025-01-01 and Peru's 2026-07-13, 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 | NO | PE | Difference |
|---|---|---|---|
| Income Tax | 39.7% | 30% | NO +9.7 pp |
| Corporate Tax | 22% | 29.5% | PE +7.5 pp |
| VAT | 25% | 18% | NO +7 pp |
| Capital Gains Tax | 37.8% | 5% | NO +32.8 pplargest gap |
| Wealth Tax | 1.1% | 0% | NO +1.1 pp |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Norway | 39.7% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Peru | 30% | Source: PWC Worldwide Tax Summaries — Peru (Individual, Taxes on personal income) · as of 2026-07-13 |
| Difference | +9.7 pp | Norway higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Norway | 22% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Peru | 29.5% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −7.5 pp | Peru higher |
Peru's corporate tax rate is 7.5pp higher than Norway's (29.5% vs 22%). The 201-country average is 22.6%: Norway sits below it, Peru sits above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Norway | 25% | Source: PWC Worldwide Tax Summaries — Norway (Corporate, Other taxes) · as of 2026-06-25 |
| Peru | 18% | Source: PWC Worldwide Tax Summaries — Peru (Corporate, Other taxes) · as of 2026-07-13 |
| Difference | +7 pp | Norway higher |
Norway's VAT rate is 7pp higher than Peru's (25% vs 18%). The 181-country average is 15%: both sit above it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Norway | 37.8% | Source: PwC Worldwide Tax Summaries — Norway (Individual, Income determination) · as of 2026-01-20 |
| Peru | 5% | Source: PWC Worldwide Tax Summaries — Peru (Individual, Income determination) · as of 2026-07-13 |
| Difference | +32.8 pp | Norway higher |
Norway's capital gains tax rate is 32.8pp higher than Peru's (37.8% vs 5%). The 175-country average is 10.3%: Norway sits above it, Peru sits below it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Norway | 1.1% | Source: Skatteetaten (Norwegian Tax Administration) — Wealth tax rates · as of 2026-01-01 |
| Peru | 0% | Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 — Peru · as of 2025-10-01 |
| Difference | +1.1 pp | Norway higher |
Norway's wealth tax rate is 1.1pp higher than Peru's (1.1% vs 0%). The 193-country average is 0.1%: Norway sits above it, Peru sits below it. Norway's figure is dated 2026-01-01 and Peru's 2025-10-01, so the two rates come from different data vintages.
Not covered for both countries yet: Crypto Tax.