NO · Europe ↔ SO · Africa
Norway vs Somalia: tax rates compared
Norway has a corporate tax rate of 22%, 7pp above Somalia's 15%. The 201-country average is 22.6%: both sit below it.
Verified data covers two of the six tracked tax types for both countries; every rate below is cited to its source and dated.
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Norway | 22% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Somalia | 15% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +7 pp | Norway higherlargest gap on this page |
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Norway | 1.1% | Source: Skatteetaten (Norwegian Tax Administration) — Wealth tax rates · as of 2026-01-01 |
| Somalia | 0% | Source: Somalia Revenue Directorate — Direct Tax · as of 2026-07-18 |
| Difference | +1.1 pp | Norway higher |
Norway has a wealth tax rate of 1.1%, 1.1pp above Somalia's 0%. The 193-country average is 0.1%: Norway sits above it, Somalia sits below it.
Not covered for both countries yet: Income Tax, VAT, Capital Gains Tax, Crypto Tax.