CM · AfricaGQ · Africa

Cameroon vs Equatorial Guinea: tax rates compared

Between the two, Cameroon's income tax rate (38.5%) tops Equatorial Guinea's (25%) by 13.5pp. The 200-country average is 28%: Cameroon sits above it, Equatorial Guinea sits below it.

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

0102030405060Income25%38.5%Corporate25%33%VAT15%19.3%Wealth Tax0%
four shared taxes, side by side
Tax CM GQDifference
Income Tax38.5%25%CM +13.5 pplargest gap
Corporate Tax33%25%CM +8 pp
VAT19.3%15%CM +4.3 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Cameroon38.5%Source: PWC Worldwide Tax Summaries — Cameroon, Republic of (Individual, Taxes on personal income) · as of 2025-12-31
Equatorial Guinea25%Source: PwC Worldwide Tax Summaries — Equatorial Guinea, Individual - Taxes on personal income · as of 2025-11-21
Difference+13.5 ppCameroon higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Cameroon33%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Equatorial Guinea25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+8 ppCameroon higher

Between the two, Cameroon's corporate tax rate (33%) tops Equatorial Guinea's (25%) by 8pp. The 201-country average is 22.6%: both sit above it.

VAT

VAT, side by side
CountryRateSource
Cameroon19.3%Source: PWC Worldwide Tax Summaries — Cameroon, Republic of (Corporate, Other taxes) · as of 2025-12-31
Equatorial Guinea15%Source: PWC Worldwide Tax Summaries — Equatorial Guinea (Corporate, Other taxes) · as of 2025-11-21
Difference+4.3 ppCameroon higher

Between the two, Cameroon's VAT rate (19.3%) tops Equatorial Guinea's (15%) by 4.3pp. The 181-country average is 15%: Cameroon sits above it, Equatorial Guinea matches the world average.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Cameroon0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2025-12-31
Equatorial Guinea0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2025-11-21
Difference0 ppdisplayed rates match

There's no gap here — Cameroon and Equatorial 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.