CA · AmericasGQ · Africa
Canada vs Equatorial Guinea: tax rates compared
Canada's income tax rate is 28.5pp higher than Equatorial Guinea's (53.5% vs 25%). The 200-country average is 28%: Canada 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
| Tax | CA | GQ | Difference |
|---|---|---|---|
| Income Tax | 53.5% | 25% | CA +28.5 pplargest gap |
| Corporate Tax | 26% | 25% | CA +1 pp |
| VAT | 5% | 15% | GQ +10 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Canada | 53.5% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Equatorial Guinea | 25% | Source: PwC Worldwide Tax Summaries — Equatorial Guinea, Individual - Taxes on personal income · as of 2025-11-21 |
| Difference | +28.5 pp | Canada higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Canada | 26% | 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 | +1 pp | Canada higher |
Canada's corporate tax rate is 1pp higher than Equatorial Guinea's (26% vs 25%). The 201-country average is 22.6%: both sit above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Canada | 5% | Source: PWC Worldwide Tax Summaries — Canada (Corporate, Other taxes) · as of 2026-06-12 |
| Equatorial Guinea | 15% | Source: PWC Worldwide Tax Summaries — Equatorial Guinea (Corporate, Other taxes) · as of 2025-11-21 |
| Difference | −10 pp | Equatorial Guinea higher |
Equatorial Guinea's VAT rate is 10pp higher than Canada's (15% vs 5%). The 181-country average is 15%: Canada sits below it, Equatorial Guinea matches the world average. Canada's figure is dated 2026-06-12 and Equatorial Guinea's 2025-11-21, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Canada | 0% | Source: PWC Worldwide Tax Summaries — Canada (Individual, Other taxes) · as of 2026-06-12 |
| 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 |
Canada'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. Canada's figure is dated 2026-06-12 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.