AM · AsiaZA · Africa

Armenia vs South Africa: tax rates compared

Between the two, South Africa's income tax rate (45%) tops Armenia's (20%) by 25pp. The 200-country average is 28%: Armenia sits below it, South Africa sits above it. Armenia's figure is dated 2023-01-01 and South Africa's 2026-03-01, so the two rates come from different data vintages.

Verified data covers six of the six tracked tax types for both countries; every rate below is cited to its source and dated.

At a glance

0102030405060Income20%45%Corporate18%27%VAT15%20%Capital Gains0%18%Crypto0%18%Wealth Tax0%
six shared taxes, side by side
Tax AM ZADifference
Income Tax20%45%ZA +25 pplargest gap
Corporate Tax18%27%ZA +9 pp
VAT20%15%AM +5 pp
Capital Gains Tax0%18%ZA +18 pp
Crypto Tax0%18%ZA +18 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Armenia20%Source: EY Worldwide Personal Tax and Immigration Guide (March 2026) — Armenia · as of 2023-01-01
South Africa45%Source: PWC Worldwide Tax Summaries — South Africa (Individual, Taxes on personal income) · as of 2026-03-01
Difference−25 ppSouth Africa higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Armenia18%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
South Africa27%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−9 ppSouth Africa higher

Between the two, South Africa's corporate tax rate (27%) tops Armenia's (18%) by 9pp. The 201-country average is 22.6%: Armenia sits below it, South Africa sits above it.

VAT

VAT, side by side
CountryRateSource
Armenia20%Source: PWC Worldwide Tax Summaries — Armenia (Corporate, Other taxes) · as of 2026-06-30
South Africa15%Source: PWC Worldwide Tax Summaries — South Africa (Corporate, Other taxes) · as of 2026-05-29
Difference+5 ppArmenia higher

Between the two, Armenia's VAT rate (20%) tops South Africa's (15%) by 5pp. The 181-country average is 15%: Armenia sits above it, South Africa matches the world average.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Armenia0%Source: EY Worldwide Personal Tax and Immigration Guide 2026 — Armenia · as of 2025-10-01
South Africa18%Source: PWC Worldwide Tax Summaries — South Africa (Individual, Income determination) · as of 2026-05-29
Difference−18 ppSouth Africa higher

Between the two, South Africa's capital gains tax rate (18%) tops Armenia's (0%) by 18pp. The 175-country average is 10.3%: Armenia sits below it, South Africa sits above it. Armenia's figure is dated 2025-10-01 and South Africa's 2026-05-29, so the two rates come from different data vintages.

Crypto Tax

Crypto Tax, side by side
CountryRateSource
Armenia0%Source: IMF Fiscal Affairs Department — Republic of Armenia: Tax Compliance and Crypto Assets (Technical Assistance Report, July 2024) · as of 2024-07-01
South Africa18%Source: South African Revenue Service — Crypto Assets & Tax · as of 2026-03-20
Difference−18 ppSouth Africa higher

Between the two, South Africa's crypto tax rate (18%) tops Armenia's (0%) by 18pp. The 88-country average is 13%: Armenia sits below it, South Africa sits above it. Armenia's figure is dated 2024-07-01 and South Africa's 2026-03-20, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Armenia0%Source: PWC Worldwide Tax Summaries — Armenia (Net wealth/worth tax rates) · as of 2026-06-30
South Africa0%Source: PWC Worldwide Tax Summaries — South Africa (Individual, Other taxes) · as of 2026-05-29
Difference0 ppdisplayed rates match

There's no gap here — Armenia and South Africa both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it.