The Personal Income Tax Rate in Namibia stands at 37 percent.

Personal Income Tax Rate in Namibia averaged 37.00 percent from 2013 until 2016, reaching an all time high of 37.00 percent in 2014 and a record low of 37.00 percent in 2014. This page provides the latest reported value for - Namibia Personal Income Tax Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Personal Income Tax Rate in Namibia is expected to be 37.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Namibia Personal Income Tax Rate is projected to trend around 37.00 percent in 2020, according to our econometric models.

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Namibia Personal Income Tax Rate

Actual Previous Highest Lowest Dates Unit Frequency
37.00 37.00 37.00 37.00 2013 - 2018 percent Yearly

Namibia Personal Income Tax Rate
In Namibia, the Personal Income Tax Rate is a tax collected from individuals and is imposed on different sources of income like labor, pensions, interest and dividends. The benchmark we use refers to the Top Marginal Tax Rate for individuals. Revenues from the Personal Income Tax Rate are an important source of income for the government of Namibia.

Namibia Taxes Last Previous Highest Lowest Unit
Corporate Tax Rate 32.00 32.00 34.00 32.00 percent [+]
Personal Income Tax Rate 37.00 37.00 37.00 37.00 percent [+]
Sales Tax Rate 15.00 15.00 15.00 15.00 percent [+]