NO · Europe ↔ SK · Europe

Norway vs Slovakia: tax rates compared

Norway has an income tax rate of 39.7%, 14.7pp above Slovakia's 25%. The 37-country average is 43.2%: both sit below it.

Verified data covers four of the six tracked tax types for both countries; every rate below is cited to its source and dated.

Income Tax

0102030405060World avg 43.2%NO 39.7%SK 25%
Income Tax, side by side
CountryRateSource
Norway39.7%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Slovakia25%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Difference+14.7 ppNorway higherlargest gap on this page

Corporate Tax

0102030405060World avg 22.6%NO 22%SK 24%
Corporate Tax, side by side
CountryRateSource
Norway22%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Slovakia24%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−2 ppSlovakia higher

Slovakia has a corporate tax rate of 24%, 2pp above Norway's 22%. The 201-country average is 22.6%: Norway sits below it, Slovakia sits above it.

VAT

0102030405060World avg 19.5%NO 25%SK 23%
VAT, side by side
CountryRateSource
Norway25%Source: PWC Worldwide Tax Summaries — Norway (Corporate, Other taxes) · as of 2026-06-25
Slovakia23%Source: Finančná správa Slovenskej republiky — Sadzby dane (VAT rates) · as of 2025-01-01
Difference+2 ppNorway higher

Norway has a VAT rate of 25%, 2pp above Slovakia's 23%. The 37-country average is 19.5%: both sit above it. Norway's figure is dated 2026-06-25 and Slovakia's 2025-01-01, so the two rates come from different data vintages.

Wealth Tax

0102030405060World avg 0.1%NO 1.1%SK 0%
Wealth Tax, side by side
CountryRateSource
Norway1.1%Source: Skatteetaten (Norwegian Tax Administration) — Wealth tax rates · as of 2026-01-01
Slovakia0%Source: PWC Worldwide Tax Summaries — Slovak Republic (Individual, Other taxes) · as of 2026-01-20
Difference+1.1 ppNorway higher

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

Not covered for both countries yet: Capital Gains Tax, Crypto Tax.