AM · AsiaCM · Africa

Armenia vs Cameroon: tax rates compared

Cameroon's income tax rate is 18.5pp higher than Armenia's (38.5% vs 20%). The 200-country average is 28%: Armenia sits below it, Cameroon sits above it. Armenia's figure is dated 2023-01-01 and Cameroon's 2025-12-31, 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

0102030405060Income20%38.5%Corporate18%33%VAT19.3%20%Capital Gains0%16.5%Wealth Tax0%
five shared taxes, side by side
Tax AM CMDifference
Income Tax20%38.5%CM +18.5 pplargest gap
Corporate Tax18%33%CM +15 pp
VAT20%19.3%AM +0.7 pp
Capital Gains Tax0%16.5%CM +16.5 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Armenia20%Source: EY Worldwide Personal Tax and Immigration Guide (March 2026) — Armenia · as of 2023-01-01
Cameroon38.5%Source: PWC Worldwide Tax Summaries — Cameroon, Republic of (Individual, Taxes on personal income) · as of 2025-12-31
Difference−18.5 ppCameroon higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Armenia18%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Cameroon33%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−15 ppCameroon higher

Cameroon's corporate tax rate is 15pp higher than Armenia's (33% vs 18%). The 201-country average is 22.6%: Armenia sits below it, Cameroon sits above it.

VAT

VAT, side by side
CountryRateSource
Armenia20%Source: PWC Worldwide Tax Summaries — Armenia (Corporate, Other taxes) · as of 2026-06-30
Cameroon19.3%Source: PWC Worldwide Tax Summaries — Cameroon, Republic of (Corporate, Other taxes) · as of 2025-12-31
Difference+0.7 ppArmenia higher

Armenia's VAT rate is 0.7pp higher than Cameroon's (20% vs 19.3%). The 181-country average is 15%: both sit above it. Armenia's figure is dated 2026-06-30 and Cameroon's 2025-12-31, so the two rates come from different data vintages.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Armenia0%Source: EY Worldwide Personal Tax and Immigration Guide 2026 — Armenia · as of 2025-10-01
Cameroon16.5%Source: PWC Worldwide Tax Summaries — Cameroon, Republic of (Individual, Income determination) · as of 2025-12-31
Difference−16.5 ppCameroon higher

Cameroon's capital gains tax rate is 16.5pp higher than Armenia's (16.5% vs 0%). The 175-country average is 10.3%: Armenia sits below it, Cameroon sits above it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Armenia0%Source: PWC Worldwide Tax Summaries — Armenia (Net wealth/worth tax rates) · as of 2026-06-30
Cameroon0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2025-12-31
Difference0 ppdisplayed rates match

Armenia's wealth tax rate is identical to Cameroon's — both sit at 0%. The 193-country average is 0.1%: both sit below it. Armenia's figure is dated 2026-06-30 and Cameroon's 2025-12-31, so the two rates come from different data vintages.

Not covered for both countries yet: Crypto Tax.