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Norway vs Sweden: tax rates compared

Between the two, Sweden's income tax rate (52.4%) tops Norway's (39.7%) by 12.7pp. The 37-country average is 43.2%: Norway sits below it, Sweden sits above 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%SE 52.4%
Income Tax, side by side
CountryRateSource
Norway39.7%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Sweden52.4%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Difference−12.7 ppSweden higherlargest gap on this page

Corporate Tax

0102030405060World avg 22.6%NO 22%SE 20.6%
Corporate Tax, side by side
CountryRateSource
Norway22%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+1.4 ppNorway higher

Between the two, Norway's corporate tax rate (22%) tops Sweden's (20.6%) by 1.4pp. The 201-country average is 22.6%: both sit below it.

VAT

0102030405060World avg 19.5%NO 25%SE 25%
VAT, side by side
CountryRateSource
Norway25%Source: PWC Worldwide Tax Summaries — Norway (Corporate, Other taxes) · as of 2026-06-25
Sweden25%Source: PWC Worldwide Tax Summaries — Sweden (Corporate, Other taxes) · as of 2025-12-17
Difference0 ppdisplayed rates match

There's no gap here — Norway and Sweden both post a VAT rate of 25%. The 37-country average is 19.5%: both sit above it. Norway's figure is dated 2026-06-25 and Sweden's 2025-12-17, so the two rates come from different data vintages.

Wealth Tax

0102030405060World avg 0.1%NO 1.1%SE 0%
Wealth Tax, side by side
CountryRateSource
Norway1.1%Source: Skatteetaten (Norwegian Tax Administration) — Wealth tax rates · as of 2026-01-01
Sweden0%Source: PWC Worldwide Tax Summaries — Sweden (Individual, Other taxes) · as of 2026-02-09
Difference+1.1 ppNorway higher

Between the two, Norway's wealth tax rate (1.1%) tops Sweden's (0%) by 1.1pp. The 193-country average is 0.1%: Norway sits above it, Sweden sits below it.

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