SN · AfricaSO · Africa

Senegal vs Somalia: tax rates compared

Between the two, Senegal's income tax rate (43%) tops Somalia's (18%) by 25pp. The 200-country average is 28%: Senegal sits above it, Somalia sits below it. Senegal's figure is dated 2026-03-31 and Somalia's 2025-11-01, 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

0102030405060Income18%43%Corporate15%30%Wealth Tax0%
three shared taxes, side by side
Tax SN SODifference
Income Tax43%18%SN +25 pplargest gap
Corporate Tax30%15%SN +15 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Senegal43%Source: PWC Worldwide Tax Summaries — Senegal (Individual, Taxes on personal income) · as of 2026-03-31
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+25 ppSenegal higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Senegal30%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 ppSenegal higher

Between the two, Senegal's corporate tax rate (30%) tops Somalia's (15%) by 15pp. The 201-country average is 22.6%: Senegal sits above it, Somalia sits below it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Senegal0%Source: PWC Worldwide Tax Summaries — Senegal (Individual, Other taxes) · as of 2026-03-31
Somalia0%Source: Somalia Revenue Directorate — Direct Tax · as of 2026-07-18
Difference0 ppdisplayed rates match

There's no gap here — Senegal and Somalia 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.