SO · AfricaUA · Europe

Somalia vs Ukraine: tax rates compared

There's no gap here — Somalia and Ukraine both post an income tax rate of 18%. The 200-country average is 28%: both sit below it. Somalia's figure is dated 2025-11-01 and Ukraine's 2026-06-30, 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%Corporate15%18%Wealth Tax0%
three shared taxes, side by side
Tax SO UADifference
Income Tax18%18%match
Corporate Tax15%18%UA +3 pplargest gap
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
Ukraine18%Source: PWC Worldwide Tax Summaries — Ukraine (Individual, Taxes on personal income) · as of 2026-06-30
Difference0 ppdisplayed rates match

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Somalia15%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Ukraine18%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−3 ppUkraine higher

Between the two, Ukraine's corporate tax rate (18%) tops Somalia's (15%) by 3pp. 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
Ukraine0%Source: PWC Worldwide Tax Summaries — Ukraine (Individual, Other taxes) · as of 2026-06-30
Difference0 ppdisplayed rates match

There's no gap here — Somalia and Ukraine 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.