SO · AfricaZW · Africa

Somalia vs Zimbabwe: tax rates compared

Between the two, Zimbabwe's income tax rate (40%) tops Somalia's (18%) by 22pp. The 200-country average is 28%: Somalia sits below it, Zimbabwe sits above it.

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%40%Corporate15%25.8%Wealth Tax0%
three shared taxes, side by side
Tax SO ZWDifference
Income Tax18%40%ZW +22 pplargest gap
Corporate Tax15%25.8%ZW +10.8 pp
Wealth Tax0%0%match

Income Tax

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Somalia15%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−10.8 ppZimbabwe higher

Between the two, Zimbabwe's corporate tax rate (25.8%) tops Somalia's (15%) by 10.8pp. The 201-country average is 22.6%: Somalia sits below it, Zimbabwe sits above it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Somalia0%Source: Somalia Revenue Directorate — Direct Tax · as of 2026-07-18
Zimbabwe0%Source: ZIMRA (Zimbabwe Revenue Authority) · as of 2026-07-18
Difference0 ppdisplayed rates match

There's no gap here — Somalia and Zimbabwe 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.