SO · AfricaTV · Oceania

Somalia vs Tuvalu: tax rates compared

Tuvalu has an income tax rate of 30%, 12pp above Somalia's 18%. The 200-country average is 28%: Somalia sits below it, Tuvalu sits above it. Somalia's figure is dated 2025-11-01 and Tuvalu's 2023-07-21, so the two rates come from different data vintages.

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

At a glance

0102030405060Income18%30%Wealth Tax0%
two shared taxes, side by side
Tax SO TVDifference
Income Tax18%30%TV +12 pplargest gap
Wealth Tax0%0%match

Income Tax

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Somalia0%Source: Somalia Revenue Directorate — Direct Tax · as of 2026-07-18
Tuvalu0%Source: Tuvalu Income Tax Act 1992 (principal direct-tax statute), via International Center for Not-for-Profit Law mirror · as of 2026-07-18
Difference0 ppdisplayed rates match

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

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