SL · AfricaZM · Africa

Sierra Leone vs Zambia: tax rates compared

Between the two, Zambia's income tax rate (37%) tops Sierra Leone's (30%) by 7pp. The 200-country average is 28%: both sit above it. Sierra Leone's figure is dated 2021-01-01 and Zambia's 2026-01-01, 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

0102030405060Income30%37%Corporate25%30%VAT15%16%Capital Gains0%25%Wealth Tax0%
five shared taxes, side by side
Tax SL ZMDifference
Income Tax30%37%ZM +7 pp
Corporate Tax25%30%ZM +5 pp
VAT15%16%ZM +1 pp
Capital Gains Tax25%0%SL +25 pplargest gap
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Sierra Leone30%Source: Sierra Leone National Revenue Authority — 2022 NRA Tax Guide · as of 2021-01-01
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
Sierra Leone25%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

Between the two, Zambia's corporate tax rate (30%) tops Sierra Leone's (25%) by 5pp. The 201-country average is 22.6%: both sit above it.

VAT

VAT, side by side
CountryRateSource
Sierra Leone15%Source: National Revenue Authority (Sierra Leone) — A Guide to the GST Legislation · as of 2009-03-01
Zambia16%Source: PWC Worldwide Tax Summaries — Zambia (Corporate, Other taxes) · as of 2026-03-20
Difference−1 ppZambia higher

Between the two, Zambia's VAT rate (16%) tops Sierra Leone's (15%) by 1pp. The 181-country average is 15%: Sierra Leone matches the world average, Zambia sits above it. Sierra Leone's figure is dated 2009-03-01 and Zambia's 2026-03-20, so the two rates come from different data vintages.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Sierra Leone25%Source: National Revenue Authority, Sierra Leone — Finance Act 2021 (Section 13, amending Income Tax Act 2000 Section 57(1)) · as of 2021-01-01
Zambia0%Source: PWC Worldwide Tax Summaries — Zambia (Individual, Income determination) · as of 2026-03-20
Difference+25 ppSierra Leone higher

Between the two, Sierra Leone's capital gains tax rate (25%) tops Zambia's (0%) by 25pp. The 175-country average is 10.3%: Sierra Leone sits above it, Zambia sits below it. Sierra Leone's figure is dated 2021-01-01 and Zambia's 2026-03-20, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Sierra Leone0%Source: Sierra Leone National Revenue Authority — Tax Laws & Regulations (official index) · as of 2026-07-18
Zambia0%Source: PWC Worldwide Tax Summaries — Zambia (Individual, Other taxes) · as of 2026-03-20
Difference0 ppdisplayed rates match

There's no gap here — Sierra Leone and Zambia 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.