diff --git a/clickhouse/types/types.cpp b/clickhouse/types/types.cpp
index e926643e..f9ac8ca9 100644
--- a/clickhouse/types/types.cpp
+++ b/clickhouse/types/types.cpp
@@ -1,10 +1,15 @@
 #include "types.h"
 
+#include <cityhash/city.h>
+
 #include <stdexcept>
 
 namespace clickhouse {
 
-Type::Type(const Code code) : code_(code) {}
+Type::Type(const Code code)
+    : code_(code)
+    , type_unique_id_(0)
+{}
 
 std::string Type::GetName() const {
     switch (code_) {
@@ -72,6 +77,62 @@ std::string Type::GetName() const {
     return std::string();
 }
 
+uint64_t Type::GetTypeUniqueId() const {
+    // Helper method to optimize equality checks of types with Type::IsEqual(),
+    // base invariant: types with same names produce same unique id (and hence considered equal).
+    // As an optimization, full type name is constructed at most once, and only for complex types.
+    switch (code_) {
+        case Void:
+        case Int8:
+        case Int16:
+        case Int32:
+        case Int64:
+        case Int128:
+        case UInt8:
+        case UInt16:
+        case UInt32:
+        case UInt64:
+        case UUID:
+        case Float32:
+        case Float64:
+        case String:
+        case IPv4:
+        case IPv6:
+        case Date:
+            // For simple types, unique ID is the same as Type::Code
+            return code_;
+
+        case FixedString:
+        case DateTime:
+        case DateTime64:
+        case Array:
+        case Nullable:
+        case Tuple:
+        case Enum8:
+        case Enum16:
+        case Decimal:
+        case Decimal32:
+        case Decimal64:
+        case Decimal128:
+        case LowCardinality: {
+            // For complex types, exact unique ID depends on nested types and/or parameters,
+            // the easiest way is to lazy-compute unique ID from name once.
+            // Here we do not care if multiple threads are computing value simultaneosly since it is both:
+            //   1. going to be the same
+            //   2. going to be stored atomically
+
+            if (type_unique_id_ == 0) {
+                const auto name = GetName();
+                type_unique_id_ = CityHash64WithSeed(name.c_str(), name.size(), code_);
+            }
+
+            return type_unique_id_;
+        }
+    }
+    assert(false);
+    return 0;
+}
+
 TypeRef Type::CreateArray(TypeRef item_type) {
     return TypeRef(new ArrayType(item_type));
 }
diff --git a/clickhouse/types/types.h b/clickhouse/types/types.h
index 4592d5e5..8f4e50e4 100644
--- a/clickhouse/types/types.h
+++ b/clickhouse/types/types.h
@@ -2,6 +2,7 @@
 
 #include "absl/numeric/int128.h"
 
+#include <atomic>
 #include <map>
 #include <memory>
 #include <string>
@@ -73,7 +74,12 @@ class Type {
     std::string GetName() const;
 
     /// Is given type same as current one.
-    bool IsEqual(const Type& other) const { return this->GetName() == other.GetName(); }
+    bool IsEqual(const Type& other) const {
+        return this == &other
+                // GetTypeUniqueId() is relatively heavy, so avoid calling it when comparing obviously different types.
+                || (this->GetCode() == other.GetCode() && this->GetTypeUniqueId() == other.GetTypeUniqueId());
+    }
+
     bool IsEqual(const TypeRef& other) const { return IsEqual(*other); }
 
 public:
@@ -113,7 +119,10 @@ class Type {
     static TypeRef CreateLowCardinality(TypeRef item_type);
 
 private:
+    uint64_t GetTypeUniqueId() const;
+
     const Code code_;
+    mutable std::atomic<uint64_t> type_unique_id_;
 };
 
 inline bool operator==(const Type & left, const Type & right) {
diff --git a/ut/types_ut.cpp b/ut/types_ut.cpp
index 98d9a800..11182314 100644
--- a/ut/types_ut.cpp
+++ b/ut/types_ut.cpp
@@ -1,4 +1,6 @@
 #include <clickhouse/types/types.h>
+#include <clickhouse/columns/factory.h>
+
 #include <gtest/gtest.h>
 
 using namespace clickhouse;
@@ -70,3 +72,57 @@ TEST(TypesCase, EnumTypesEmpty) {
 TEST(TypesCase, DecimalTypes) {
     // TODO: implement this test.
 }
+
+TEST(TypesCase, IsEqual) {
+    const std::string type_names[] = {
+        "UInt8",
+        "Int8",
+        "UInt128",
+        "String",
+        "FixedString(0)",
+        "FixedString(10000)",
+        "DateTime('UTC')",
+        "DateTime64(3, 'UTC')",
+        "Decimal(9,3)",
+        "Decimal(18,3)",
+        "Enum8()",
+        "Enum16()",
+        "Enum8('ONE' = 1)",
+        "Enum8('ONE' = 1, 'TWO' = 2)",
+        "Enum16('ONE' = 1, 'TWO' = 2, 'THREE' = 3, 'FOUR' = 4)",
+        "Nullable(FixedString(10000))",
+        "Nullable(LowCardinality(FixedString(10000)))",
+        "Array(Int8)",
+        "Array(UInt8)",
+        "Array(String)",
+        "Array(Nullable(LowCardinality(FixedString(10000))))",
+        "Array(Enum8('ONE' = 1, 'TWO' = 2))"
+        "Tuple(String, Int8, Date, DateTime)",
+        "Nullable(Tuple(String, Int8, Date, DateTime))",
+        "Array(Nullable(Tuple(String, Int8, Date, DateTime)))",
+        "Array(Array(Nullable(Tuple(String, Int8, Date, DateTime))))",
+        "Array(Array(Array(Nullable(Tuple(String, Int8, Date, DateTime)))))",
+        "Array(Array(Array(Array(Nullable(Tuple(String, Int8, Date, DateTime('UTC')))))))"
+        "Array(Array(Array(Array(Nullable(Tuple(String, Int8, Date, DateTime('UTC'), Tuple(LowCardinality(String), Enum8('READ'=1, 'WRITE'=0))))))))",
+    };
+
+    // Check that Type::IsEqual returns true only if:
+    // - same Type instance
+    // - same Type layout (matching outer type with all nested types and/or parameters)
+    for (const auto & type_name : type_names) {
+        SCOPED_TRACE(type_name);
+        const auto type = clickhouse::CreateColumnByType(type_name)->Type();
+
+        // Should be equal to itself
+        EXPECT_TRUE(type->IsEqual(type));
+        EXPECT_TRUE(type->IsEqual(*type));
+
+        for (const auto & other_type_name : type_names) {
+            const auto other_type = clickhouse::CreateColumnByType(other_type_name)->Type();
+
+            const auto should_be_equal = type_name == other_type_name;
+            EXPECT_EQ(should_be_equal, type->IsEqual(other_type))
+                        << "For types: " << type_name << " and " << other_type_name;
+        }
+    }
+}