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Saint Vincent and the Grenadines vs Zimbabwe: tax rates compared

Zimbabwe's income tax rate is 12pp higher than Saint Vincent and the Grenadines's (40% vs 28%). The 200-country average is 28%: Saint Vincent and the Grenadines matches the world average, Zimbabwe sits above it. Saint Vincent and the Grenadines's figure is dated 2024-01-01 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

0102030405060Income28%40%Corporate25.8%28%VAT15.5%16%Capital Gains0%1%Wealth Tax0%
five shared taxes, side by side
Tax VC ZWDifference
Income Tax28%40%ZW +12 pplargest gap
Corporate Tax28%25.8%VC +2.2 pp
VAT16%15.5%VC +0.5 pp
Capital Gains Tax0%1%ZW +1 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Saint Vincent and the Grenadines28%Source: Saint Vincent and the Grenadines Inland Revenue Department — PAYE Tax Tables (Code 245) · as of 2024-01-01
Zimbabwe40%Source: Zimbabwe Revenue Authority (ZIMRA) — PAYE Foreign Currency (USD) Tax Tables, January-December 2025 · as of 2025-01-01
Difference−12 ppZimbabwe higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Saint Vincent and the Grenadines28%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+2.2 ppSaint Vincent and the Grenadines higher

Saint Vincent and the Grenadines's corporate tax rate is 2.2pp higher than Zimbabwe's (28% vs 25.8%). The 201-country average is 22.6%: both sit above it.

VAT

VAT, side by side
CountryRateSource
Saint Vincent and the Grenadines16%Source: EY Worldwide VAT, GST and Sales Tax Guide 2026 — Saint Vincent and the Grenadines · as of 2026-01-01
Zimbabwe15.5%Source: EY Worldwide VAT, GST and Sales Tax Guide 2026 — Zimbabwe · as of 2026-01-01
Difference+0.5 ppSaint Vincent and the Grenadines higher

Saint Vincent and the Grenadines's VAT rate is 0.5pp higher than Zimbabwe's (16% vs 15.5%). The 181-country average is 15%: both sit above it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Saint Vincent and the Grenadines0%Source: Laws of Saint Vincent and the Grenadines — Income Tax Act, Cap. 435, Section 33 (Assessable income: general) · as of 2026-07-19
Zimbabwe1%Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 — Zimbabwe · as of 2025-01-01
Difference−1 ppZimbabwe higher

Zimbabwe's capital gains tax rate is 1pp higher than Saint Vincent and the Grenadines's (1% vs 0%). The 175-country average is 10.3%: both sit below it. Saint Vincent and the Grenadines's figure is dated 2026-07-19 and Zimbabwe's 2025-01-01, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Saint Vincent and the Grenadines0%Source: Saint Vincent and the Grenadines Inland Revenue Department — Taxes · as of 2026-07-18
Zimbabwe0%Source: ZIMRA (Zimbabwe Revenue Authority) · as of 2026-07-18
Difference0 ppdisplayed rates match

Saint Vincent and the Grenadines's wealth tax rate is identical to Zimbabwe's — both sit at 0%. The 193-country average is 0.1%: both sit below it.

Not covered for both countries yet: Crypto Tax.