PT · EuropeSO · Africa

Portugal vs Somalia: tax rates compared

Portugal has an income tax rate of 53%, 35pp above Somalia's 18%. The 200-country average is 28%: Portugal sits above it, Somalia sits below it.

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

0102030405060Income18%53%Corporate15%30.5%Wealth Tax0%
three shared taxes, side by side
Tax PT SODifference
Income Tax53%18%PT +35 pplargest gap
Corporate Tax30.5%15%PT +15.5 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Portugal53%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Somalia18%Source: Ministry of Finance, Federal Republic of Somalia — Income Tax Manual (for the Income Tax Law 2025 & Income Tax Regulations 2025) · as of 2025-11-01
Difference+35 ppPortugal higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Portugal30.5%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Somalia15%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+15.5 ppPortugal higher

Portugal has a corporate tax rate of 30.5%, 15.5pp above Somalia's 15%. The 201-country average is 22.6%: Portugal sits above it, Somalia sits below it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Portugal0%Source: PWC Worldwide Tax Summaries — Portugal (Individual, Other taxes) · as of 2026-01-05
Somalia0%Source: Somalia Revenue Directorate — Direct Tax · as of 2026-07-18
Difference0 ppdisplayed rates match

Portugal and Somalia share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it.

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