Namibia vs Suriname
Tax Rate Comparison
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๐ฐ Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country โ side by side.
๐ณ๐ฆ Namibia โ Regional Councils & Local Authorities
Namibia's 14 regional councils and local authority councils levy property rates, business licences, and local fees. The Namibia Revenue Agency (NamRA) administers national taxes. Namibia is a significant mining economy โ diamonds (Namdeb/De Beers), uranium (one of world's largest producers), copper. A major TotalEnergies Orange Basin offshore oil discovery is advancing toward production. Non-resident shareholders' tax (NRST) at 10%โ20% applies on dividends. Namibia has one of Africa's more functional tax administrations.
๐ธ๐ท Suriname โ District Administrations
Suriname's 10 districts have limited local taxing authority within national frameworks. The Surinaamse Belastingdienst administers national taxes. Suriname went through a severe debt crisis in 2020โ21 and defaulted on its sovereign debt; an IMF program is stabilizing the economy. Oil (Staatsolie) and gold mining are dominant revenue sources. A major TotalEnergies offshore oil discovery (Block 58) is advancing toward production. Suriname uses the Surinamese dollar (SRD); significant devaluation has affected the real tax burden.
Namibia vs Suriname: Key Tax Differences (2026)
๐ฐ Income Tax: ๐ธ๐ท Suriname has a higher top income tax rate (0โ37% vs 0โ38%). ๐ณ๐ฆ Namibia is more favourable for high earners.
๐ VAT/Sales Tax: Namibia has a higher consumption tax (15% vs 10%).
๐ข Corporate Tax: ๐ณ๐ฆ Namibia offers a lower corporate rate (32% vs 36%), which can influence business location decisions.
๐ Capital Gains: ๐ณ๐ฆ Namibia taxes investment gains at a lower rate (0% vs 36%), benefiting investors.