PK · AsiaSG · Asia

Pakistan vs Singapore: tax rates compared

Pakistan's income tax rate is 11pp higher than Singapore's (35% vs 24%). The 200-country average is 28%: Pakistan sits above it, Singapore sits below it.

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

0102030405060Income24%35%Corporate17%29%VAT9%18%Capital Gains0%15%Wealth Tax0%
five shared taxes, side by side
Tax PK SGDifference
Income Tax35%24%PK +11 pp
Corporate Tax29%17%PK +12 pp
VAT18%9%PK +9 pp
Capital Gains Tax15%0%PK +15 pplargest gap
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Pakistan35%Source: PWC Worldwide Tax Summaries — Pakistan (Individual, Taxes on personal income) · as of 2026-01-19
Singapore24%Source: Inland Revenue Authority of Singapore (IRAS) — Individual Income Tax rates · as of 2026-04-27
Difference+11 ppPakistan higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Pakistan29%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Singapore17%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+12 ppPakistan higher

Pakistan's corporate tax rate is 12pp higher than Singapore's (29% vs 17%). The 201-country average is 22.6%: Pakistan sits above it, Singapore sits below it.

VAT

VAT, side by side
CountryRateSource
Pakistan18%Source: PWC Worldwide Tax Summaries — Pakistan (Corporate, Other taxes) · as of 2026-01-19
Singapore9%Source: PWC Worldwide Tax Summaries — Singapore (Corporate, Other taxes) · as of 2026-07-02
Difference+9 ppPakistan higher

Pakistan's VAT rate is 9pp higher than Singapore's (18% vs 9%). The 181-country average is 15%: Pakistan sits above it, Singapore sits below it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Pakistan15%Source: PWC Worldwide Tax Summaries — Pakistan (Individual, Income determination) · as of 2026-01-19
Singapore0%Source: PWC Worldwide Tax Summaries — Singapore (Individual, Other taxes) · as of 2026-07-02
Difference+15 ppPakistan higher

Pakistan's capital gains tax rate is 15pp higher than Singapore's (15% vs 0%). The 175-country average is 10.3%: Pakistan sits above it, Singapore sits below it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Pakistan0%Source: PWC Worldwide Tax Summaries — Pakistan (Individual, Other taxes) · as of 2026-01-19
Singapore0%Source: PWC Worldwide Tax Summaries — Singapore (Individual, Other taxes) · as of 2026-07-02
Difference0 ppdisplayed rates match

Pakistan's wealth tax rate is identical to Singapore's — both sit at 0%. The 193-country average is 0.1%: both sit below it.

Not covered for both countries yet: Crypto Tax.