LS · AfricaES · Europe

Lesotho vs Spain: tax rates compared

Between the two, Spain's income tax rate (48.6%) tops Lesotho's (30%) by 18.6pp. The 200-country average is 28%: both sit above it. Lesotho's figure is dated 2026-07-20 and Spain's 2025-01-01, so the two rates come from different data vintages.

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

At a glance

0102030405060Income30%48.6%Corporate25%VAT15%21%Wealth Tax0%3.5%
four shared taxes, side by side
Tax LS ESDifference
Income Tax30%48.6%ES +18.6 pplargest gap
Corporate Tax25%25%match
VAT15%21%ES +6 pp
Wealth Tax0%3.5%ES +3.5 pp

Income Tax

Income Tax, side by side
CountryRateSource
Lesotho30%Source: Revenue Services Lesotho — Employees' Tax (Pay As You Earn) · as of 2026-07-20
Spain48.6%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Difference−18.6 ppSpain higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Lesotho25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Spain25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference0 ppdisplayed rates match

There's no gap here — Lesotho and Spain both post a corporate tax rate of 25%. The 201-country average is 22.6%: both sit above it.

VAT

VAT, side by side
CountryRateSource
Lesotho15%Source: PwC — VAT and Indirect Taxes in Africa 2023, Lesotho · as of 2023-01-26
Spain21%Source: PWC Worldwide Tax Summaries — Spain (Corporate, Other taxes) · as of 2025-12-31
Difference−6 ppSpain higher

Between the two, Spain's VAT rate (21%) tops Lesotho's (15%) by 6pp. The 181-country average is 15%: Lesotho matches the world average, Spain sits above it. Lesotho's figure is dated 2023-01-26 and Spain's 2025-12-31, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Lesotho0%Source: Revenue Services Lesotho — official site (tax categories) · as of 2026-07-18
Spain3.5%Source: PWC Worldwide Tax Summaries — Spain (Individual, Other taxes) · as of 2025-12-31
Difference−3.5 ppSpain higher

Between the two, Spain's wealth tax rate (3.5%) tops Lesotho's (0%) by 3.5pp. The 193-country average is 0.1%: Lesotho sits below it, Spain sits above it. Lesotho's figure is dated 2026-07-18 and Spain's 2025-12-31, so the two rates come from different data vintages.

Not covered for both countries yet: Capital Gains Tax, Crypto Tax.