SO · AfricaZM · Africa

Somalia vs Zambia: tax rates compared

Between the two, Zambia's income tax rate (37%) tops Somalia's (18%) by 19pp. The 200-country average is 28%: Somalia sits below it, Zambia sits above it. Somalia's figure is dated 2025-11-01 and Zambia's 2026-01-01, so the two rates come from different data vintages.

Verified data covers three of the six tracked tax types for both countries; every rate below is cited to its source and dated.

At a glance

0102030405060Income18%37%Corporate15%30%Wealth Tax0%
three shared taxes, side by side
Tax SO ZMDifference
Income Tax18%37%ZM +19 pplargest gap
Corporate Tax15%30%ZM +15 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Somalia18%Source: Ministry of Finance, Federal Republic of Somalia — Income Tax Manual (for the Income Tax Law 2025 & Income Tax Regulations 2025) · as of 2025-11-01
Zambia37%Source: PWC Worldwide Tax Summaries — Zambia (Individual, Taxes on personal income) · as of 2026-01-01
Difference−19 ppZambia higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Somalia15%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−15 ppZambia higher

Between the two, Zambia's corporate tax rate (30%) tops Somalia's (15%) by 15pp. The 201-country average is 22.6%: Somalia sits below it, Zambia sits above it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Somalia0%Source: Somalia Revenue Directorate — Direct Tax · 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 — Somalia 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: VAT, Capital Gains Tax, Crypto Tax.