PH · AsiaYE · Asia

Philippines vs Yemen: tax rates compared

Between the two, Philippines's income tax rate (35%) tops Yemen's (20%) by 15pp. The 200-country average is 28%: Philippines sits above it, Yemen sits below it. Philippines's figure is dated 2026-07-02 and Yemen's 2011-01-01, so the two rates come from different data vintages.

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

At a glance

0102030405060Income20%35%Corporate20%25%Wealth Tax0%
three shared taxes, side by side
Tax PH YEDifference
Income Tax35%20%PH +15 pplargest gap
Corporate Tax25%20%PH +5 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Philippines35%Source: PWC Worldwide Tax Summaries — Philippines (Individual, Taxes on personal income) · as of 2026-07-02
Yemen20%Source: Yemen Tax Authority — Executive Regulations of Income Tax Law No. 17 of 2010 (Minister of Finance Decision No. 508 of 2010), Articles 76-77 · as of 2011-01-01
Difference+15 ppPhilippines higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Philippines25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Yemen20%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+5 ppPhilippines higher

Between the two, Philippines's corporate tax rate (25%) tops Yemen's (20%) by 5pp. The 201-country average is 22.6%: Philippines sits above it, Yemen sits below it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Philippines0%Source: PWC Worldwide Tax Summaries — Philippines (Net wealth/worth tax rates) · as of 2026-01-12
Yemen0%Source: Yemen Tax Authority — About the Tax Authority · as of 2026-07-18
Difference0 ppdisplayed rates match

There's no gap here — Philippines and Yemen both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it.

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