BB · AmericasZW · Africa

Barbados vs Zimbabwe: tax rates compared

Zimbabwe has an income tax rate of 40%, 11.5pp above Barbados's 28.5%. The 200-country average is 28%: both sit above it. Barbados's figure is dated 2026-01-11 and Zimbabwe's 2025-01-01, so the two rates come from different data vintages.

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

At a glance

0102030405060Income28.5%40%Corporate9%25.8%VAT15.5%17.5%Capital Gains0%1%Wealth Tax0%
five shared taxes, side by side
Tax BB ZWDifference
Income Tax28.5%40%ZW +11.5 pp
Corporate Tax9%25.8%ZW +16.8 pplargest gap
VAT17.5%15.5%BB +2 pp
Capital Gains Tax0%1%ZW +1 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Barbados28.5%Source: PWC Worldwide Tax Summaries — Barbados (Individual, Taxes on personal income) · as of 2026-01-11
Zimbabwe40%Source: Zimbabwe Revenue Authority (ZIMRA) — PAYE Foreign Currency (USD) Tax Tables, January-December 2025 · as of 2025-01-01
Difference−11.5 ppZimbabwe higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Barbados9%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Zimbabwe25.8%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−16.8 ppZimbabwe higher

Zimbabwe has a corporate tax rate of 25.8%, 16.8pp above Barbados's 9%. The 201-country average is 22.6%: Barbados sits below it, Zimbabwe sits above it.

VAT

VAT, side by side
CountryRateSource
Barbados17.5%Source: PWC Worldwide Tax Summaries — Barbados (Corporate, Other taxes) · as of 2026-01-11
Zimbabwe15.5%Source: EY Worldwide VAT, GST and Sales Tax Guide 2026 — Zimbabwe · as of 2026-01-01
Difference+2 ppBarbados higher

Barbados has a VAT rate of 17.5%, 2pp above Zimbabwe's 15.5%. The 181-country average is 15%: both sit above it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Barbados0%Source: PWC Worldwide Tax Summaries — Barbados (Individual, Income determination) · as of 2026-01-11
Zimbabwe1%Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 — Zimbabwe · as of 2025-01-01
Difference−1 ppZimbabwe higher

Zimbabwe has a capital gains tax rate of 1%, 1pp above Barbados's 0%. The 175-country average is 10.3%: both sit below it. Barbados's figure is dated 2026-01-11 and Zimbabwe's 2025-01-01, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Barbados0%Source: PWC Worldwide Tax Summaries — Barbados (Net wealth/worth tax rates) · as of 2026-01-11
Zimbabwe0%Source: ZIMRA (Zimbabwe Revenue Authority) · as of 2026-07-18
Difference0 ppdisplayed rates match

Barbados and Zimbabwe share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it.

Not covered for both countries yet: Crypto Tax.