What are the top 10 highest taxed countries in the world?

By top marginal personal income tax rate in 2026: Chad (60%), Finland (56.5%), Denmark (55.9%), Austria (55%), Japan (55%), Canada (53% incl. provincial), Aruba (52%), Ireland (52%), Sweden (52%), and Cuba/Slovenia/Israel (50%). Scroll the table above for the full top 20 and top 50.

Which country has the highest income tax in the world?

Chad has the highest top marginal rate at 60%. Among developed economies, Finland (56.5%) and Denmark (55.9%) lead, followed by Austria and Japan at 55%.

Does a high top tax rate mean people pay that much on all income?

No. Top marginal rates apply only to income above a threshold. Someone earning an average salary in Denmark or Finland pays a much lower effective rate once allowances and lower brackets are taken into account. Use our per-country tax calculators to see the effective rate at any income level.

Countries with the Highest Income Tax Rates

Countries with the highest top marginal personal income tax rates in the world.

This ranking lists every country by its top marginal personal income tax rate — the rate that applies to the highest slice of income. The top 10 highest taxed countries are dominated by Western Europe: Finland, Denmark, Austria, Sweden and Ireland all levy top rates above 50%, joined by Japan (55%) and Canada (53%, combining federal and provincial tax). Chad tops the table at 60%.

A high top marginal rate does not mean everyone pays it: these rates typically kick in only above a high income threshold, and effective rates (what people actually pay on their whole income) are far lower. High-tax countries also tend to pair these rates with extensive public services, healthcare, and pensions.

#	Country	Rate	Level
1	Chad Africa	60%	Extremely High
2	Finland Europe	56.5%	Extremely High
3	Denmark Europe	55.9%	Extremely High
4	Austria Europe	55%	Extremely High
5	Japan Asia	55%	Extremely High
6	Canada North America	53%	Extremely High
7	Aruba North America	52%	Extremely High
8	Ireland Europe	52%	Extremely High
9	Sweden Europe	52%	Extremely High
10	Belgium Europe	50%	Very High
11	Central African Republic Africa	50%	Very High
12	Cuba North America	50%	Very High
13	Israel Asia	50%	Very High
14	Slovenia Europe	50%	Very High
15	Netherlands Europe	49.5%	Very High
16	South Korea Asia	49.5%	Very High
17	Curaçao North America	48.3%	Very High
18	Portugal Europe	48%	Very High
19	Norway Europe	47.4%	Very High
20	Spain Europe	47%	Very High
21	Iceland Europe	46.3%	Very High
22	Australia Oceania	45%	Very High
23	China Asia	45%	Very High
24	France Europe	45%	Very High
25	Germany Europe	45%	Very High
26	South Africa Africa	45%	Very High
27	United Kingdom Europe	45%	Very High
28	Greece Europe	44%	Very High
29	Italy Europe	43%	Very High
30	India Asia	42.7%	Very High
31	Luxembourg Europe	42%	Very High
32	Papua New Guinea Oceania	42%	Very High
33	Chile South America	40%	High
34	Democratic Republic of the Congo Africa	40%	High
35	Guyana South America	40%	High
36	Mali Africa	40%	High
37	Mauritania Africa	40%	High
38	Republic of the Congo Africa	40%	High
39	Senegal Africa	40%	High
40	Solomon Islands Oceania	40%	High
41	Switzerland Europe	40%	High
42	Taiwan Asia	40%	High
43	Turkey Asia	40%	High
44	Uganda Africa	40%	High
45	Zimbabwe Africa	40%	High
46	Colombia South America	39%	High
47	New Zealand Oceania	39%	High
48	Morocco Africa	38%	High
49	Suriname South America	38%	High
50	Zambia Africa	37.5%	High
51	Ecuador South America	37%	High
52	Namibia Africa	37%	High
53	United States North America	37%	High
54	Côte d'Ivoire Africa	36%	High
55	Nepal Asia	36%	High
56	Sri Lanka Asia	36%	High
57	Uruguay South America	36%	High
58	Croatia Europe	35.4%	High
59	Algeria Africa	35%	High
60	Argentina South America	35%	High
61	Benin Africa	35%	High
62	Cameroon Africa	35%	High
63	Cyprus Europe	35%	High
64	Equatorial Guinea Africa	35%	High
65	Ethiopia Africa	35%	High
66	Gabon Africa	35%	High
67	Ghana Africa	35%	High
68	Guinea Africa	35%	High
69	Indonesia Asia	35%	High
70	Iran Asia	35%	High
71	Jordan Asia	35%	High
72	Kenya Africa	35%	High
73	Kiribati Oceania	35%	High
74	Malta Europe	35%	High
75	Mexico North America	35%	High
76	Niger Africa	35%	High
77	Pakistan Asia	35%	High
78	Philippines Asia	35%	High
79	San Marino Europe	35%	High
80	Thailand Asia	35%	High
81	Togo Africa	35%	High
82	Tunisia Africa	35%	High
83	Vietnam Asia	35%	High
84	Venezuela South America	34%	High
85	Eswatini Africa	33%	High
86	Puerto Rico North America	33%	High
87	Saint Vincent and the Grenadines North America	32.5%	High
88	Lithuania Europe	32%	High
89	Mozambique Africa	32%	High
90	Poland Europe	32%	High
91	Latvia Europe	31%	High
92	Burundi Africa	30%	Moderate
93	Comoros Africa	30%	Moderate
94	Djibouti Africa	30%	Moderate
95	El Salvador North America	30%	Moderate
96	Eritrea Africa	30%	Moderate
97	Gambia Africa	30%	Moderate
98	Grenada North America	30%	Moderate
99	Haiti North America	30%	Moderate
100	Jamaica North America	30%	Moderate
101	Lesotho Africa	30%	Moderate
102	Malawi Africa	30%	Moderate
103	Malaysia Asia	30%	Moderate
104	Nicaragua North America	30%	Moderate
105	Peru South America	30%	Moderate
106	Rwanda Africa	30%	Moderate
107	Saint Lucia North America	30%	Moderate
108	Seychelles Africa	30%	Moderate
109	Sierra Leone Africa	30%	Moderate
110	Somalia Africa	30%	Moderate
111	Tanzania Africa	30%	Moderate
112	Barbados North America	28.5%	Moderate
113	Brazil South America	27.5%	Moderate
114	Burkina Faso Africa	27.5%	Moderate
115	Cape Verde Africa	27.5%	Moderate
116	Egypt Africa	27.5%	Moderate
117	Samoa Oceania	27%	Moderate
118	Angola Africa	25%	Moderate
119	Bangladesh Asia	25%	Moderate
120	Belize North America	25%	Moderate
121	Bhutan Asia	25%	Moderate
122	Botswana Africa	25%	Moderate
123	Costa Rica North America	25%	Moderate
124	Dominican Republic North America	25%	Moderate
125	Honduras North America	25%	Moderate
126	Laos Asia	25%	Moderate
127	Lebanon Asia	25%	Moderate
128	Liberia Africa	25%	Moderate
129	Mongolia Asia	25%	Moderate
130	Myanmar Asia	25%	Moderate
131	Panama North America	25%	Moderate
132	São Tomé and Príncipe Africa	25%	Moderate
133	Slovakia Europe	25%	Moderate
134	Trinidad and Tobago North America	25%	Moderate
135	Nigeria Africa	24%	Moderate
136	Singapore Asia	24%	Moderate
137	Albania Europe	23%	Moderate
138	Czech Republic Europe	23%	Moderate
139	Liechtenstein Europe	22.4%	Moderate
140	Russia Europe	22%	Moderate
141	Syria Asia	22%	Moderate
142	Afghanistan Asia	20%	Low
143	Armenia Asia	20%	Low
144	Cambodia Asia	20%	Low
145	Estonia Europe	20%	Low
146	Fiji Oceania	20%	Low
147	Georgia Asia	20%	Low
148	Guinea-Bissau Africa	20%	Low
149	Madagascar Africa	20%	Low
150	Mauritius Africa	20%	Low
151	Serbia Europe	20%	Low
152	South Sudan Africa	20%	Low
153	Yemen Asia	20%	Low
154	Ukraine Europe	19.5%	Low
155	Hong Kong Asia	17%	Low
156	Hungary Europe	15%	Low
157	Iraq Asia	15%	Low
158	Libya Africa	15%	Low
159	Montenegro Europe	15%	Low
160	Sudan Africa	15%	Low
161	Azerbaijan Asia	14%	Low
162	Belarus Europe	13%	Low
163	Tajikistan Asia	13%	Low
164	Macau Asia	12%	Low
165	Marshall Islands Oceania	12%	Low
166	Moldova Europe	12%	Low
167	Palau Oceania	12%	Low
168	Uzbekistan Asia	12%	Low
169	Andorra Europe	10%	Very Low
170	Bosnia and Herzegovina Europe	10%	Very Low
171	Bulgaria Europe	10%	Very Low
172	Federated States of Micronesia Oceania	10%	Very Low
173	Kazakhstan Asia	10%	Very Low
174	Kosovo Europe	10%	Very Low
175	Kyrgyzstan Asia	10%	Very Low
176	North Macedonia Europe	10%	Very Low
177	Paraguay South America	10%	Very Low
178	Romania Europe	10%	Very Low
179	Timor-Leste Asia	10%	Very Low
180	Turkmenistan Asia	10%	Very Low
181	Guatemala North America	7%	Very Low
182	Antigua and Barbuda North America	0%	No Tax
183	Bahamas North America	0%	No Tax
184	Bahrain Asia	0%	No Tax
185	Bermuda North America	0%	No Tax
186	Bolivia South America	0%	No Tax
187	British Virgin Islands North America	0%	No Tax
188	Brunei Asia	0%	No Tax
189	Cayman Islands North America	0%	No Tax
190	Kuwait Asia	0%	No Tax
191	Maldives Asia	0%	No Tax
192	Monaco Europe	0%	No Tax
193	Nauru Oceania	0%	No Tax
194	North Korea Asia	0%	No Tax
195	Oman Asia	0%	No Tax
196	Qatar Asia	0%	No Tax
197	Saint Kitts and Nevis North America	0%	No Tax
198	Saudi Arabia Asia	0%	No Tax
199	Tonga Oceania	0%	No Tax
200	Turks and Caicos Islands North America	0%	No Tax
201	Tuvalu Oceania	0%	No Tax
202	United Arab Emirates Asia	0%	No Tax
203	Vanuatu Oceania	0%	No Tax

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