Nicaragua vs Sweden
Tax Rate Comparison
Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.
๐ฐ Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country โ side by side.
๐ณ๐ฎ Nicaragua โ Municipal Taxes
Nicaragua's 153 municipalities levy the Impuesto de Matrรญcula (2% of prior revenues), Impuesto Municipal sobre Ingresos (IMI at 1% of monthly revenues), property tax (IBI at 1%), and service fees. Nicaragua under Ortega government has faced significant economic disruption from 2018 protests and subsequent international isolation. The economy has stabilized somewhat but remains one of the poorest in Central America. Tax administration reform has been ongoing with support from international institutions.
๐ธ๐ช Sweden โ 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.
Nicaragua vs Sweden: Key Tax Differences (2026)
๐ฐ Income Tax: ๐ธ๐ช Sweden has a higher top income tax rate (0โ30% vs 32โ52%). ๐ณ๐ฎ Nicaragua is more favourable for high earners.
๐ VAT/Sales Tax: Sweden has a higher consumption tax (15% vs 6โ25%).
๐ข Corporate Tax: ๐ธ๐ช Sweden offers a lower corporate rate (20.6% vs 30%), which can influence business location decisions.
๐ Capital Gains: ๐ณ๐ฎ Nicaragua taxes investment gains at a lower rate (15% vs 30%), benefiting investors.