SO · AfricaSE · Europe

Somalia vs Sweden: tax rates compared

Between the two, Sweden's income tax rate (52.4%) tops Somalia's (18%) by 34.4pp. The 200-country average is 28%: Somalia sits below it, Sweden sits above 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%52.4%Corporate15%20.6%Wealth Tax0%
three shared taxes, side by side
Tax SO SEDifference
Income Tax18%52.4%SE +34.4 pplargest gap
Corporate Tax15%20.6%SE +5.6 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
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
Sweden52.4%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Difference−34.4 ppSweden higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Somalia15%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−5.6 ppSweden higher

Between the two, Sweden's corporate tax rate (20.6%) tops Somalia's (15%) by 5.6pp. The 201-country average is 22.6%: both sit below it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Somalia0%Source: Somalia Revenue Directorate — Direct Tax · as of 2026-07-18
Sweden0%Source: PWC Worldwide Tax Summaries — Sweden (Individual, Other taxes) · as of 2026-02-09
Difference0 ppdisplayed rates match

There's no gap here — Somalia and Sweden 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.