Norway vs Sweden
Tax Rate Comparison
Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.
💰 Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country — side by side.
Individual Income Tax (Top Marginal Rate)
VAT / GST / Sales Tax
Corporate Tax Rate
Capital Gains Tax
Social Security & Payroll
🇳🇴 Norway — Municipal Taxes & Resource Rent
Norway's 15 counties and 356 municipalities set local income tax within a national band; max combined rate ~22%. Norway has unique resource rent taxes on petroleum (78%) and hydropower (67% from 2024). Wealth tax (formuesskatt) applies at 1%–1.1% on net assets above NOK 1.7M. Dividends above a risk-free return are taxed at ~37.84% effective.
🇸🇪 Sweden — Municipal Income Tax
Sweden's 290 municipalities and 21 regions each set their own income tax, ranging from ~29% to 35% (avg ~32%). The state income tax of 20% only applies above ~SEK 598,500. Church of Sweden members pay ~1% church fee. No local corporate tax variation.
Norway vs Sweden: Key Tax Differences (2026)
💰 Income Tax: 🇸🇪 Sweden has a higher top income tax rate (22–47.4% vs 32–52%). 🇳🇴 Norway is more favourable for high earners.
🛒 VAT/Sales Tax: Both countries have comparable consumption tax rates (12–25% vs 6–25%).
🏢 Corporate Tax: 🇸🇪 Sweden offers a lower corporate rate (20.6% vs 22%), which can influence business location decisions.
📈 Capital Gains: 🇸🇪 Sweden taxes investment gains at a lower rate (30% vs 37.84%), benefiting investors.