BB · AmericasGN · Africa
Barbados vs Guinea: tax rates compared
Between the two, Barbados's income tax rate (28.5%) tops Guinea's (20%) by 8.5pp. The 200-country average is 28%: Barbados sits above it, Guinea sits below it. Barbados's figure is dated 2026-01-11 and Guinea's 2022-01-01, 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 | GN | Difference |
|---|---|---|---|
| Income Tax | 28.5% | 20% | BB +8.5 pp |
| Corporate Tax | 9% | 25% | GN +16 pplargest gap |
| VAT | 17.5% | 18% | GN +0.5 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 |
| Guinea | 20% | Source: Guinea Code Général des Impôts (Loi ordinaire L/2021/032/AN), Direction Générale des Impôts, Articles 63-64 · as of 2022-01-01 |
| Difference | +8.5 pp | Barbados higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Barbados | 9% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Guinea | 25% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −16 pp | Guinea higher |
Between the two, Guinea's corporate tax rate (25%) tops Barbados's (9%) by 16pp. The 201-country average is 22.6%: Barbados sits below it, 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 |
| Guinea | 18% | Source: PwC — VAT and Indirect Taxes in Africa 2023, Guinea · as of 2023-01-28 |
| Difference | −0.5 pp | Guinea higher |
Between the two, Guinea's VAT rate (18%) tops Barbados's (17.5%) by 0.5pp. The 181-country average is 15%: both sit above it. Barbados's figure is dated 2026-01-11 and Guinea's 2023-01-28, 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 |
| Guinea | 0% | Source: Direction Générale des Impôts (DGI) Guinée — official site · as of 2026-07-18 |
| Difference | 0 pp | displayed rates match |
There's no gap here — Barbados and Guinea 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: Capital Gains Tax, Crypto Tax.