AM · AsiaGH · Africa

Armenia vs Ghana: tax rates compared

Ghana's income tax rate is 15pp higher than Armenia's (35% vs 20%). The 200-country average is 28%: Armenia sits below it, Ghana sits above it. Armenia's figure is dated 2023-01-01 and Ghana's 2026-03-11, 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%35%Corporate18%25%VAT15%20%Capital Gains0%15%Wealth Tax0%
five shared taxes, side by side
Tax AM GHDifference
Income Tax20%35%GH +15 pplargest gap
Corporate Tax18%25%GH +7 pp
VAT20%15%AM +5 pp
Capital Gains Tax0%15%GH +15 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
Ghana35%Source: PwC Worldwide Tax Summaries — Ghana, Individual - Taxes on personal income · as of 2026-03-11
Difference−15 ppGhana higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Armenia18%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Ghana25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−7 ppGhana higher

Ghana's corporate tax rate is 7pp higher than Armenia's (25% vs 18%). The 201-country average is 22.6%: Armenia sits below it, Ghana sits above it.

VAT

VAT, side by side
CountryRateSource
Armenia20%Source: PWC Worldwide Tax Summaries — Armenia (Corporate, Other taxes) · as of 2026-06-30
Ghana15%Source: Ghana Revenue Authority — VAT · as of 2026-01-01
Difference+5 ppArmenia higher

Armenia's VAT rate is 5pp higher than Ghana's (20% vs 15%). The 181-country average is 15%: Armenia sits above it, Ghana matches the world average.

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
Ghana15%Source: Ghana Revenue Authority — Capital Gains Tax · as of 2026-07-19
Difference−15 ppGhana higher

Ghana's capital gains tax rate is 15pp higher than Armenia's (15% vs 0%). The 175-country average is 10.3%: Armenia sits below it, Ghana sits above it. Armenia's figure is dated 2025-10-01 and Ghana's 2026-07-19, so the two rates come from different data vintages.

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
Ghana0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-03-11
Difference0 ppdisplayed rates match

Armenia's wealth tax rate is identical to Ghana's — both sit at 0%. The 193-country average is 0.1%: both sit below it.

Not covered for both countries yet: Crypto Tax.