Worldwide · 206 countries tracked

Wealth Tax

Wealth tax is a tax charged on a person’s net wealth — broadly, the value of their assets minus their debts — rather than on income or a single transaction. Very few countries levy one today, and some that did in past decades have since repealed it.

Where a wealth tax exists, its rate, its base (which assets count, and at what valuation) and its exemption threshold vary sharply by country, which makes a single headline percentage a poor summary on its own. We publish a rate only once we can verify it, and the details around it, against a primary source. Property, inheritance and estate taxes are not counted as a wealth tax here, even where a country’s own vocabulary calls them one — this page tracks recurring taxes on total net wealth specifically.

We have verified wealth tax status for 193 countries: 182 currently levy no net wealth tax, and 11 levy one, from 0.1% up to 3.5%. See the full ranking for the complete list of countries that do.

Countries with data
193
World average
0.1%
Highest rate
3.5%Spain
Zero-rate countries
182

Wealth Tax rates, ranked

11 countries with a nonzero rate, highest to lowest
RankCountryRateAs of
1Spain3.5%2025
2Suriname3%2024
3Bolivia2.4%2026
4Colombia1.5%2026
5Norway1.1%2026
6Algeria1%2026
7Argentina1%2025
8Tunisia1%2026
9Switzerland0.9%2025
10Venezuela0.3%2026
11Uruguay0.1%2025

See the full ranking →

Frequently asked questions

What counts as wealth for a wealth tax?

Definitions vary by country, but a wealth tax base typically includes financial assets, real estate and other property, minus debts owed, valued as of a specific date each year. Some countries exclude a primary residence or business assets, in whole or in part.

How is wealth tax different from property tax?

Property tax is charged on real estate alone, usually by a local government. A wealth tax, where one exists, is charged on a person’s total net wealth across asset types, typically by the national government.

Do most countries have a wealth tax?

No. Of the 193 countries we've verified, only 11 levy a general annual net wealth tax on individuals; the rest currently levy none. Several countries that had one in past decades — among them Germany, France, Iceland and Luxembourg — have since suspended, narrowed or abolished theirs. This page reports current, source-verified law rather than the reasoning behind past policy changes.

Why do some countries with a "wealth tax" in the news show no rate here?

A number of taxes are colloquially called a wealth tax without meeting this page’s definition: a tax on only one asset class (such as securities accounts or foreign-held property), a tax on a deemed or notional return on assets rather than the assets themselves, or a tax reaching only real estate. This page counts only a recurring tax on an individual’s total net wealth — see each country’s own page for how its specific regime is sourced and explained.

Is this list of wealth-tax countries complete?

As complete as source verification allows: every one of the 206 countries this site tracks has been checked, though a small number — 13 — couldn't be confirmed against a source that meets this site's bar, and are omitted rather than guessed. A country not levying a wealth tax today could still introduce one, or vice versa — we'll update this page once a change is verified against a primary source.