BB · AmericasGQ · Africa
Barbados vs Equatorial Guinea: tax rates compared
Barbados's income tax rate is 3.5pp higher than Equatorial Guinea's (28.5% vs 25%). The 200-country average is 28%: Barbados sits above it, Equatorial Guinea sits below it. Barbados's figure is dated 2026-01-11 and Equatorial Guinea's 2025-11-21, so the two rates come from different data vintages.
Verified data covers four of the six tracked tax types for both countries; every rate below is cited to its source and dated.
At a glance
| Tax | BB | GQ | Difference |
|---|---|---|---|
| Income Tax | 28.5% | 25% | BB +3.5 pp |
| Corporate Tax | 9% | 25% | GQ +16 pplargest gap |
| VAT | 17.5% | 15% | BB +2.5 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Barbados | 28.5% | Source: PWC Worldwide Tax Summaries — Barbados (Individual, Taxes on personal income) · as of 2026-01-11 |
| Equatorial Guinea | 25% | Source: PwC Worldwide Tax Summaries — Equatorial Guinea, Individual - Taxes on personal income · as of 2025-11-21 |
| Difference | +3.5 pp | Barbados higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Barbados | 9% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Equatorial Guinea | 25% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −16 pp | Equatorial Guinea higher |
Equatorial Guinea's corporate tax rate is 16pp higher than Barbados's (25% vs 9%). The 201-country average is 22.6%: Barbados sits below it, Equatorial Guinea sits above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Barbados | 17.5% | Source: PWC Worldwide Tax Summaries — Barbados (Corporate, Other taxes) · as of 2026-01-11 |
| Equatorial Guinea | 15% | Source: PWC Worldwide Tax Summaries — Equatorial Guinea (Corporate, Other taxes) · as of 2025-11-21 |
| Difference | +2.5 pp | Barbados higher |
Barbados's VAT rate is 2.5pp higher than Equatorial Guinea's (17.5% vs 15%). The 181-country average is 15%: Barbados sits above it, Equatorial Guinea matches the world average. Barbados's figure is dated 2026-01-11 and Equatorial Guinea's 2025-11-21, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Barbados | 0% | Source: PWC Worldwide Tax Summaries — Barbados (Net wealth/worth tax rates) · as of 2026-01-11 |
| Equatorial Guinea | 0% | Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2025-11-21 |
| Difference | 0 pp | displayed rates match |
Barbados's wealth tax rate is identical to Equatorial Guinea's — both sit at 0%. The 193-country average is 0.1%: both sit below it. Barbados's figure is dated 2026-01-11 and Equatorial Guinea's 2025-11-21, so the two rates come from different data vintages.
Not covered for both countries yet: Capital Gains Tax, Crypto Tax.