ZM · AfricaZW · Africa

Zambia vs Zimbabwe: tax rates compared

Between the two, Zimbabwe's income tax rate (40%) tops Zambia's (37%) by 3pp. The 200-country average is 28%: both sit above it. Zambia's figure is dated 2026-01-01 and Zimbabwe's 2025-01-01, 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%40%Corporate25.8%30%VAT15.5%16%Capital Gains0%1%Wealth Tax0%
five shared taxes, side by side
Tax ZM ZWDifference
Income Tax37%40%ZW +3 pp
Corporate Tax30%25.8%ZM +4.2 pplargest gap
VAT16%15.5%ZM +0.5 pp
Capital Gains Tax0%1%ZW +1 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Zambia37%Source: PWC Worldwide Tax Summaries — Zambia (Individual, Taxes on personal income) · as of 2026-01-01
Zimbabwe40%Source: Zimbabwe Revenue Authority (ZIMRA) — PAYE Foreign Currency (USD) Tax Tables, January-December 2025 · as of 2025-01-01
Difference−3 ppZimbabwe higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Zambia30%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+4.2 ppZambia higher

Between the two, Zambia's corporate tax rate (30%) tops Zimbabwe's (25.8%) by 4.2pp. The 201-country average is 22.6%: both sit above it.

VAT

VAT, side by side
CountryRateSource
Zambia16%Source: PWC Worldwide Tax Summaries — Zambia (Corporate, Other taxes) · as of 2026-03-20
Zimbabwe15.5%Source: EY Worldwide VAT, GST and Sales Tax Guide 2026 — Zimbabwe · as of 2026-01-01
Difference+0.5 ppZambia higher

Between the two, Zambia's VAT rate (16%) tops Zimbabwe's (15.5%) by 0.5pp. The 181-country average is 15%: both sit above it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Zambia0%Source: PWC Worldwide Tax Summaries — Zambia (Individual, Income determination) · as of 2026-03-20
Zimbabwe1%Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 — Zimbabwe · as of 2025-01-01
Difference−1 ppZimbabwe higher

Between the two, Zimbabwe's capital gains tax rate (1%) tops Zambia's (0%) by 1pp. The 175-country average is 10.3%: both sit below it. Zambia's figure is dated 2026-03-20 and Zimbabwe's 2025-01-01, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Zambia0%Source: PWC Worldwide Tax Summaries — Zambia (Individual, Other taxes) · as of 2026-03-20
Zimbabwe0%Source: ZIMRA (Zimbabwe Revenue Authority) · as of 2026-07-18
Difference0 ppdisplayed rates match

There's no gap here — Zambia 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: Crypto Tax.