PH · AsiaZM · Africa

Philippines vs Zambia: tax rates compared

Zambia's income tax rate is 2pp higher than Philippines's (37% vs 35%). 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

0102030405060Income35%37%Corporate25%30%VAT12%16%Capital Gains0%0.6%Wealth Tax0%
five shared taxes, side by side
Tax PH ZMDifference
Income Tax35%37%ZM +2 pp
Corporate Tax25%30%ZM +5 pplargest gap
VAT12%16%ZM +4 pp
Capital Gains Tax0.6%0%PH +0.6 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Philippines35%Source: PWC Worldwide Tax Summaries — Philippines (Individual, Taxes on personal income) · as of 2026-07-02
Zambia37%Source: PWC Worldwide Tax Summaries — Zambia (Individual, Taxes on personal income) · as of 2026-01-01
Difference−2 ppZambia higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Philippines25%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's corporate tax rate is 5pp higher than Philippines's (30% vs 25%). The 201-country average is 22.6%: both sit above it.

VAT

VAT, side by side
CountryRateSource
Philippines12%Source: PWC Worldwide Tax Summaries — Philippines (Corporate, Other taxes) · as of 2026-01-12
Zambia16%Source: PWC Worldwide Tax Summaries — Zambia (Corporate, Other taxes) · as of 2026-03-20
Difference−4 ppZambia higher

Zambia's VAT rate is 4pp higher than Philippines's (16% vs 12%). The 181-country average is 15%: Philippines sits below it, Zambia sits above it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Philippines0.6%Source: PWC Worldwide Tax Summaries — Philippines (Individual, Income determination) · as of 2026-07-02
Zambia0%Source: PWC Worldwide Tax Summaries — Zambia (Individual, Income determination) · as of 2026-03-20
Difference+0.6 ppPhilippines higher

Philippines's capital gains tax rate is 0.6pp higher than Zambia's (0.6% vs 0%). The 175-country average is 10.3%: both sit below it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Philippines0%Source: PWC Worldwide Tax Summaries — Philippines (Net wealth/worth tax rates) · as of 2026-01-12
Zambia0%Source: PWC Worldwide Tax Summaries — Zambia (Individual, Other taxes) · as of 2026-03-20
Difference0 ppdisplayed rates match

Philippines's wealth tax rate is identical to Zambia's — both sit at 0%. The 193-country average is 0.1%: both sit below it.

Not covered for both countries yet: Crypto Tax.