PE · AmericasZM · Africa

Peru vs Zambia: tax rates compared

Between the two, Zambia's income tax rate (37%) tops Peru's (30%) by 7pp. 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

0102030405060Income30%37%Corporate29.5%30%VAT16%18%Capital Gains0%5%Wealth Tax0%
five shared taxes, side by side
Tax PE ZMDifference
Income Tax30%37%ZM +7 pplargest gap
Corporate Tax29.5%30%ZM +0.5 pp
VAT18%16%PE +2 pp
Capital Gains Tax5%0%PE +5 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Peru30%Source: PWC Worldwide Tax Summaries — Peru (Individual, Taxes on personal income) · as of 2026-07-13
Zambia37%Source: PWC Worldwide Tax Summaries — Zambia (Individual, Taxes on personal income) · as of 2026-01-01
Difference−7 ppZambia higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Peru29.5%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−0.5 ppZambia higher

Between the two, Zambia's corporate tax rate (30%) tops Peru's (29.5%) by 0.5pp. The 201-country average is 22.6%: both sit above it.

VAT

VAT, side by side
CountryRateSource
Peru18%Source: PWC Worldwide Tax Summaries — Peru (Corporate, Other taxes) · as of 2026-07-13
Zambia16%Source: PWC Worldwide Tax Summaries — Zambia (Corporate, Other taxes) · as of 2026-03-20
Difference+2 ppPeru higher

Between the two, Peru's VAT rate (18%) tops Zambia's (16%) by 2pp. The 181-country average is 15%: both sit above it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Peru5%Source: PWC Worldwide Tax Summaries — Peru (Individual, Income determination) · as of 2026-07-13
Zambia0%Source: PWC Worldwide Tax Summaries — Zambia (Individual, Income determination) · as of 2026-03-20
Difference+5 ppPeru higher

Between the two, Peru's capital gains tax rate (5%) tops Zambia's (0%) by 5pp. The 175-country average is 10.3%: both sit below it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Peru0%Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 — Peru · as of 2025-10-01
Zambia0%Source: PWC Worldwide Tax Summaries — Zambia (Individual, Other taxes) · as of 2026-03-20
Difference0 ppdisplayed rates match

There's no gap here — Peru and Zambia both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it. Peru's figure is dated 2025-10-01 and Zambia's 2026-03-20, so the two rates come from different data vintages.

Not covered for both countries yet: Crypto Tax.