SE · EuropeTT · Americas
Sweden vs Trinidad and Tobago: tax rates compared
Between the two, Sweden's income tax rate (52.4%) tops Trinidad and Tobago's (30%) by 22.4pp. The 200-country average is 28%: both sit above it. Sweden's figure is dated 2025-01-01 and Trinidad and Tobago's 2026-06-02, so the two rates come from different data vintages.
Verified data covers five of the six tracked tax types for both countries; every rate below is cited to its source and dated.
At a glance
| Tax | SE | TT | Difference |
|---|---|---|---|
| Income Tax | 52.4% | 30% | SE +22.4 pp |
| Corporate Tax | 20.6% | 30% | TT +9.4 pp |
| VAT | 25% | 12.5% | SE +12.5 pp |
| Capital Gains Tax | 30% | 0% | SE +30 pplargest gap |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Sweden | 52.4% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Trinidad and Tobago | 30% | Source: PWC Worldwide Tax Summaries — Trinidad and Tobago (Individual, Taxes on personal income) · as of 2026-06-02 |
| Difference | +22.4 pp | Sweden higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Sweden | 20.6% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Trinidad and Tobago | 30% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −9.4 pp | Trinidad and Tobago higher |
Between the two, Trinidad and Tobago's corporate tax rate (30%) tops Sweden's (20.6%) by 9.4pp. The 201-country average is 22.6%: Sweden sits below it, Trinidad and Tobago sits above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Sweden | 25% | Source: PWC Worldwide Tax Summaries — Sweden (Corporate, Other taxes) · as of 2025-12-17 |
| Trinidad and Tobago | 12.5% | Source: PWC Worldwide Tax Summaries — Trinidad and Tobago (Corporate, Other taxes) · as of 2026-06-02 |
| Difference | +12.5 pp | Sweden higher |
Between the two, Sweden's VAT rate (25%) tops Trinidad and Tobago's (12.5%) by 12.5pp. The 181-country average is 15%: Sweden sits above it, Trinidad and Tobago sits below it. Sweden's figure is dated 2025-12-17 and Trinidad and Tobago's 2026-06-02, so the two rates come from different data vintages.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Sweden | 30% | Source: PWC Worldwide Tax Summaries — Sweden (Individual, Income determination) · as of 2026-02-09 |
| Trinidad and Tobago | 0% | Source: PWC Worldwide Tax Summaries — Trinidad and Tobago (Individual, Income determination) · as of 2026-06-02 |
| Difference | +30 pp | Sweden higher |
Between the two, Sweden's capital gains tax rate (30%) tops Trinidad and Tobago's (0%) by 30pp. The 175-country average is 10.3%: Sweden sits above it, Trinidad and Tobago sits below it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Sweden | 0% | Source: PWC Worldwide Tax Summaries — Sweden (Individual, Other taxes) · as of 2026-02-09 |
| Trinidad and Tobago | 0% | Source: PWC Worldwide Tax Summaries — Trinidad and Tobago (Individual, Other taxes) · as of 2026-06-02 |
| Difference | 0 pp | displayed rates match |
There's no gap here — Sweden and Trinidad and Tobago 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: Crypto Tax.