Which has higher taxes on income, profits and capital gains, Iceland or Zambia?

Iceland, at 47.2% against 47.0% in Zambia as of 2023.

How many years of comparable data are there for Iceland and Zambia?

33 years are reported by both, from 1990 to 2023.

Where does this data come from?

Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Taxes on income, profits and capital gains (% of total taxes). Statizoid refreshes it automatically from the source and publishes the full history for both places.

Iceland vs Zambia: Taxes on income, profits and capital gains

Iceland

47.2%

in 2023

Zambia

47.0%

in 2024

Iceland rank

39th

Zambia rank

41st

Taxes on income, profits and capital gains over time

Iceland
Zambia

How they compare

Iceland currently reports 47.2% against 47.0% in Zambia, a difference of 0.2%.

The two have swapped places 3 times across 33 shared years of data; in 1990 it was Zambia ahead.

Iceland ranks 39th and Zambia ranks 41st of 153 countries.

Zambia has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade	Iceland	Zambia	Difference	Ahead
1990s	27.5%	35.6%	8.0%	Zambia
2000s	37.7%	44.3%	6.6%	Zambia
2010s	39.0%	47.3%	8.3%	Zambia
2020s	44.7%	53.4%	8.6%	Zambia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher taxes on income, profits and capital gains, Iceland or Zambia?: Iceland, at 47.2% against 47.0% in Zambia as of 2023.
What is the difference in taxes on income, profits and capital gains between Iceland and Zambia?: 0.2%, with Iceland ahead.
How many years of comparable data are there for Iceland and Zambia?: 33 years are reported by both, from 1990 to 2023.
How do Iceland and Zambia rank globally for taxes on income, profits and capital gains?: Iceland ranks 39th and Zambia ranks 41st of 153 countries.
Where does this data come from?: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Taxes on income, profits and capital gains (% of total taxes). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Zambia: Taxes on income, profits and capital gains. Statizoid, drawing on Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 18 September 2026, from https://public-sector.statizoid.com/compare/taxes-on-income-profits-and-capital-gains-percent-of-total-taxes/iceland/zambia/

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<a href="https://public-sector.statizoid.com/compare/taxes-on-income-profits-and-capital-gains-percent-of-total-taxes/iceland/zambia/">Iceland vs Zambia: Taxes on income, profits and capital gains</a> — Statizoid

About this data

Indicator: Taxes on income, profits and capital gains (% of total taxes)
Unit: % of total taxes
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence: CC BY 4.0 (World Bank Open Data)
Coverage: 153 places, 4,584 data points, 1972–2024
Last refreshed: 17 September 2026

Taxes on income, profits, and capital gains are taxes payable on the actual or presumed incomes, profits and capital gains. This indicator is expressed as a percentage of total taxes which includes all compulsory, unrequited payments, in cash or in kind, made by institutional units to government units.