SZ · AfricaZM · Africa

Eswatini vs Zambia: tax rates compared

Zambia has an income tax rate of 37%, 4pp above Eswatini's 33%. The 200-country average is 28%: both sit above it.

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

0102030405060Income33%37%Corporate25%30%VAT15%16%Capital Gains0%Wealth Tax0%
five shared taxes, side by side
Tax SZ ZMDifference
Income Tax33%37%ZM +4 pp
Corporate Tax25%30%ZM +5 pplargest gap
VAT15%16%ZM +1 pp
Capital Gains Tax0%0%match
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Eswatini33%Source: PWC Worldwide Tax Summaries — Eswatini (Individual, Taxes on personal income) · as of 2026-03-30
Zambia37%Source: PWC Worldwide Tax Summaries — Zambia (Individual, Taxes on personal income) · as of 2026-01-01
Difference−4 ppZambia higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Eswatini25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Zambia30%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−5 ppZambia higher

Zambia has a corporate tax rate of 30%, 5pp above Eswatini's 25%. The 201-country average is 22.6%: both sit above it.

VAT

VAT, side by side
CountryRateSource
Eswatini15%Source: PWC Worldwide Tax Summaries — Eswatini (Corporate, Other taxes) · as of 2026-03-30
Zambia16%Source: PWC Worldwide Tax Summaries — Zambia (Corporate, Other taxes) · as of 2026-03-20
Difference−1 ppZambia higher

Zambia has a VAT rate of 16%, 1pp above Eswatini's 15%. The 181-country average is 15%: Eswatini matches the world average, Zambia sits above it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Eswatini0%Source: PWC Worldwide Tax Summaries — Eswatini (Individual, Income determination) · as of 2026-03-30
Zambia0%Source: PWC Worldwide Tax Summaries — Zambia (Individual, Income determination) · as of 2026-03-20
Difference0 ppdisplayed rates match

Eswatini and Zambia share the same capital gains tax rate: 0%. The 175-country average is 10.3%: both sit below it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Eswatini0%Source: PWC Worldwide Tax Summaries — Eswatini (Individual, Other taxes) · as of 2026-03-30
Zambia0%Source: PWC Worldwide Tax Summaries — Zambia (Individual, Other taxes) · as of 2026-03-20
Difference0 ppdisplayed rates match

Eswatini and Zambia 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.