ES · EuropeZM · Africa

Spain vs Zambia: tax rates compared

Spain has an income tax rate of 48.6%, 11.6pp above Zambia's 37%. The 200-country average is 28%: both sit above it. Spain's figure is dated 2025-01-01 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

0102030405060Income37%48.6%Corporate25%30%VAT16%21%Capital Gains0%30%Wealth Tax0%3.5%
five shared taxes, side by side
Tax ES ZMDifference
Income Tax48.6%37%ES +11.6 pp
Corporate Tax25%30%ZM +5 pp
VAT21%16%ES +5 pp
Capital Gains Tax30%0%ES +30 pplargest gap
Wealth Tax3.5%0%ES +3.5 pp

Income Tax

Income Tax, side by side
CountryRateSource
Spain48.6%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Zambia37%Source: PWC Worldwide Tax Summaries — Zambia (Individual, Taxes on personal income) · as of 2026-01-01
Difference+11.6 ppSpain higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Spain25%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 has a corporate tax rate of 30%, 5pp above Spain's 25%. The 201-country average is 22.6%: both sit above it.

VAT

VAT, side by side
CountryRateSource
Spain21%Source: PWC Worldwide Tax Summaries — Spain (Corporate, Other taxes) · as of 2025-12-31
Zambia16%Source: PWC Worldwide Tax Summaries — Zambia (Corporate, Other taxes) · as of 2026-03-20
Difference+5 ppSpain higher

Spain has a VAT rate of 21%, 5pp above Zambia's 16%. The 181-country average is 15%: both sit above it. Spain's figure is dated 2025-12-31 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
Spain30%Source: PwC Worldwide Tax Summaries — Spain, Individual - Income determination · as of 2025-12-31
Zambia0%Source: PWC Worldwide Tax Summaries — Zambia (Individual, Income determination) · as of 2026-03-20
Difference+30 ppSpain higher

Spain has a capital gains tax rate of 30%, 30pp above Zambia's 0%. The 175-country average is 10.3%: Spain sits above it, Zambia sits below it. Spain's figure is dated 2025-12-31 and Zambia's 2026-03-20, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Spain3.5%Source: PWC Worldwide Tax Summaries — Spain (Individual, Other taxes) · as of 2025-12-31
Zambia0%Source: PWC Worldwide Tax Summaries — Zambia (Individual, Other taxes) · as of 2026-03-20
Difference+3.5 ppSpain higher

Spain has a wealth tax rate of 3.5%, 3.5pp above Zambia's 0%. The 193-country average is 0.1%: Spain sits above it, Zambia sits below it. Spain's figure is dated 2025-12-31 and Zambia's 2026-03-20, so the two rates come from different data vintages.

Not covered for both countries yet: Crypto Tax.