LK · AsiaYE · Asia

Sri Lanka vs Yemen: tax rates compared

Sri Lanka's income tax rate is 16pp higher than Yemen's (36% vs 20%). The 200-country average is 28%: Sri Lanka sits above it, Yemen sits below it. Sri Lanka's figure is dated 2025-08-28 and Yemen's 2011-01-01, 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

0102030405060Income20%36%Corporate20%30%Wealth Tax0%
three shared taxes, side by side
Tax LK YEDifference
Income Tax36%20%LK +16 pplargest gap
Corporate Tax30%20%LK +10 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Sri Lanka36%Source: Inland Revenue Department, Sri Lanka — Tax Chart, Year of Assessment 2025/2026 · as of 2025-08-28
Yemen20%Source: Yemen Tax Authority — Executive Regulations of Income Tax Law No. 17 of 2010 (Minister of Finance Decision No. 508 of 2010), Articles 76-77 · as of 2011-01-01
Difference+16 ppSri Lanka higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Sri Lanka30%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Yemen20%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+10 ppSri Lanka higher

Sri Lanka's corporate tax rate is 10pp higher than Yemen's (30% vs 20%). The 201-country average is 22.6%: Sri Lanka sits above it, Yemen sits below it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Sri Lanka0%Source: Sri Lanka Inland Revenue Department — Acts of Parliament (tax legislation listing) · as of 2026-07-18
Yemen0%Source: Yemen Tax Authority — About the Tax Authority · as of 2026-07-18
Difference0 ppdisplayed rates match

Sri Lanka's wealth tax rate is identical to Yemen's — both sit at 0%. The 193-country average is 0.1%: both sit below it.

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