ES · EuropeZW · Africa

Spain vs Zimbabwe: tax rates compared

Spain has an income tax rate of 48.6%, 8.6pp above Zimbabwe's 40%. The 200-country average is 28%: both sit above it.

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

0102030405060Income40%48.6%Corporate25%25.8%VAT15.5%21%Capital Gains1%30%Wealth Tax0%3.5%
five shared taxes, side by side
Tax ES ZWDifference
Income Tax48.6%40%ES +8.6 pp
Corporate Tax25%25.8%ZW +0.8 pp
VAT21%15.5%ES +5.5 pp
Capital Gains Tax30%1%ES +29 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
Zimbabwe40%Source: Zimbabwe Revenue Authority (ZIMRA) — PAYE Foreign Currency (USD) Tax Tables, January-December 2025 · as of 2025-01-01
Difference+8.6 ppSpain higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Spain25%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−0.8 ppZimbabwe higher

Zimbabwe has a corporate tax rate of 25.8%, 0.8pp 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
Zimbabwe15.5%Source: EY Worldwide VAT, GST and Sales Tax Guide 2026 — Zimbabwe · as of 2026-01-01
Difference+5.5 ppSpain higher

Spain has a VAT rate of 21%, 5.5pp above Zimbabwe's 15.5%. The 181-country average is 15%: both sit above it. Spain's figure is dated 2025-12-31 and Zimbabwe's 2026-01-01, 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
Zimbabwe1%Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 — Zimbabwe · as of 2025-01-01
Difference+29 ppSpain higher

Spain has a capital gains tax rate of 30%, 29pp above Zimbabwe's 1%. The 175-country average is 10.3%: Spain sits above it, Zimbabwe sits below it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Spain3.5%Source: PWC Worldwide Tax Summaries — Spain (Individual, Other taxes) · as of 2025-12-31
Zimbabwe0%Source: ZIMRA (Zimbabwe Revenue Authority) · as of 2026-07-18
Difference+3.5 ppSpain higher

Spain has a wealth tax rate of 3.5%, 3.5pp above Zimbabwe's 0%. The 193-country average is 0.1%: Spain sits above it, Zimbabwe sits below it. Spain's figure is dated 2025-12-31 and Zimbabwe's 2026-07-18, so the two rates come from different data vintages.

Not covered for both countries yet: Crypto Tax.