SO · AfricaUY · Americas

Somalia vs Uruguay: tax rates compared

Between the two, Uruguay's income tax rate (36%) tops Somalia's (18%) by 18pp. The 200-country average is 28%: Somalia sits below it, Uruguay 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%36%Corporate15%25%Wealth Tax0%0.1%
three shared taxes, side by side
Tax SO UYDifference
Income Tax18%36%UY +18 pplargest gap
Corporate Tax15%25%UY +10 pp
Wealth Tax0%0.1%UY +0.1 pp

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
Uruguay36%Source: PWC Worldwide Tax Summaries — Uruguay (Individual, Taxes on personal income) · as of 2025-12-31
Difference−18 ppUruguay higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Somalia15%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Uruguay25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−10 ppUruguay higher

Between the two, Uruguay's corporate tax rate (25%) tops Somalia's (15%) by 10pp. The 201-country average is 22.6%: Somalia sits below it, Uruguay sits above it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Somalia0%Source: Somalia Revenue Directorate — Direct Tax · as of 2026-07-18
Uruguay0.1%Source: Dirección General Impositiva — Tasas del Impuesto al Patrimonio, personas físicas 2025 · as of 2025-01-01
Difference−0.1 ppUruguay higher

Between the two, Uruguay's wealth tax rate (0.1%) tops Somalia's (0%) by 0.1pp. The 193-country average is 0.1%: Somalia sits below it, Uruguay matches the world average. Somalia's figure is dated 2026-07-18 and Uruguay's 2025-01-01, so the two rates come from different data vintages.

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