NG · AfricaZW · Africa

Nigeria vs Zimbabwe: tax rates compared

Between the two, Zimbabwe's income tax rate (40%) tops Nigeria's (25%) by 15pp. The 200-country average is 28%: Nigeria sits below it, Zimbabwe sits above it. Nigeria's figure is dated 2026-05-29 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

0102030405060Income25%40%Corporate25.8%30%VAT7.5%15.5%Capital Gains1%25%Wealth Tax0%
five shared taxes, side by side
Tax NG ZWDifference
Income Tax25%40%ZW +15 pp
Corporate Tax30%25.8%NG +4.2 pp
VAT7.5%15.5%ZW +8 pp
Capital Gains Tax25%1%NG +24 pplargest gap
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Nigeria25%Source: PWC Worldwide Tax Summaries — Nigeria (Individual, Taxes on personal income) · as of 2026-05-29
Zimbabwe40%Source: Zimbabwe Revenue Authority (ZIMRA) — PAYE Foreign Currency (USD) Tax Tables, January-December 2025 · as of 2025-01-01
Difference−15 ppZimbabwe higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Nigeria30%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+4.2 ppNigeria higher

Between the two, Nigeria's corporate tax rate (30%) tops Zimbabwe's (25.8%) by 4.2pp. The 201-country average is 22.6%: both sit above it.

VAT

VAT, side by side
CountryRateSource
Nigeria7.5%Source: PWC Worldwide Tax Summaries — Nigeria (Corporate, Other taxes) · as of 2026-05-29
Zimbabwe15.5%Source: EY Worldwide VAT, GST and Sales Tax Guide 2026 — Zimbabwe · as of 2026-01-01
Difference−8 ppZimbabwe higher

Between the two, Zimbabwe's VAT rate (15.5%) tops Nigeria's (7.5%) by 8pp. The 181-country average is 15%: Nigeria sits below it, Zimbabwe sits above it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Nigeria25%Source: PwC Worldwide Tax Summaries — Nigeria (Individual, Income determination) · as of 2026-05-29
Zimbabwe1%Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 — Zimbabwe · as of 2025-01-01
Difference+24 ppNigeria higher

Between the two, Nigeria's capital gains tax rate (25%) tops Zimbabwe's (1%) by 24pp. The 175-country average is 10.3%: Nigeria sits above it, Zimbabwe sits below it. Nigeria's figure is dated 2026-05-29 and Zimbabwe's 2025-01-01, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Nigeria0%Source: PWC Worldwide Tax Summaries — Nigeria (Individual, Other taxes) · as of 2026-05-29
Zimbabwe0%Source: ZIMRA (Zimbabwe Revenue Authority) · as of 2026-07-18
Difference0 ppdisplayed rates match

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

Not covered for both countries yet: Crypto Tax.