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Norway vs Sierra Leone: tax rates compared

Norway has an income tax rate of 39.7%, 9.7pp above Sierra Leone's 30%. The 200-country average is 28%: both sit above it. Norway's figure is dated 2025-01-01 and Sierra Leone's 2021-01-01, 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

0102030405060Income30%39.7%Corporate22%25%VAT15%25%Capital Gains25%37.8%Wealth Tax0%1.1%
five shared taxes, side by side
Tax NO SLDifference
Income Tax39.7%30%NO +9.7 pp
Corporate Tax22%25%SL +3 pp
VAT25%15%NO +10 pp
Capital Gains Tax37.8%25%NO +12.8 pplargest gap
Wealth Tax1.1%0%NO +1.1 pp

Income Tax

Income Tax, side by side
CountryRateSource
Norway39.7%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Sierra Leone30%Source: Sierra Leone National Revenue Authority — 2022 NRA Tax Guide · as of 2021-01-01
Difference+9.7 ppNorway higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Norway22%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Sierra Leone25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−3 ppSierra Leone higher

Sierra Leone has a corporate tax rate of 25%, 3pp above Norway's 22%. The 201-country average is 22.6%: Norway sits below it, Sierra Leone sits above it.

VAT

VAT, side by side
CountryRateSource
Norway25%Source: PWC Worldwide Tax Summaries — Norway (Corporate, Other taxes) · as of 2026-06-25
Sierra Leone15%Source: National Revenue Authority (Sierra Leone) — A Guide to the GST Legislation · as of 2009-03-01
Difference+10 ppNorway higher

Norway has a VAT rate of 25%, 10pp above Sierra Leone's 15%. The 181-country average is 15%: Norway sits above it, Sierra Leone matches the world average. Norway's figure is dated 2026-06-25 and Sierra Leone's 2009-03-01, so the two rates come from different data vintages.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Norway37.8%Source: PwC Worldwide Tax Summaries — Norway (Individual, Income determination) · as of 2026-01-20
Sierra Leone25%Source: National Revenue Authority, Sierra Leone — Finance Act 2021 (Section 13, amending Income Tax Act 2000 Section 57(1)) · as of 2021-01-01
Difference+12.8 ppNorway higher

Norway has a capital gains tax rate of 37.8%, 12.8pp above Sierra Leone's 25%. The 175-country average is 10.3%: both sit above it. Norway's figure is dated 2026-01-20 and Sierra Leone's 2021-01-01, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Norway1.1%Source: Skatteetaten (Norwegian Tax Administration) — Wealth tax rates · as of 2026-01-01
Sierra Leone0%Source: Sierra Leone National Revenue Authority — Tax Laws & Regulations (official index) · as of 2026-07-18
Difference+1.1 ppNorway higher

Norway has a wealth tax rate of 1.1%, 1.1pp above Sierra Leone's 0%. The 193-country average is 0.1%: Norway sits above it, Sierra Leone sits below it.

Not covered for both countries yet: Crypto Tax.