CO · AmericasGN · Africa
Colombia vs Guinea: tax rates compared
Colombia has an income tax rate of 39%, 19pp above Guinea's 20%. The 200-country average is 28%: Colombia sits above it, Guinea sits below it. Colombia's figure is dated 2025-01-01 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 | CO | GN | Difference |
|---|---|---|---|
| Income Tax | 39% | 20% | CO +19 pplargest gap |
| Corporate Tax | 35% | 25% | CO +10 pp |
| VAT | 19% | 18% | CO +1 pp |
| Wealth Tax | 1.5% | 0% | CO +1.5 pp |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Colombia | 39% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| 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 | +19 pp | Colombia higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Colombia | 35% | 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 | +10 pp | Colombia higher |
Colombia has a corporate tax rate of 35%, 10pp above Guinea's 25%. The 201-country average is 22.6%: both sit above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Colombia | 19% | Source: PWC Worldwide Tax Summaries — Colombia (Corporate, Other taxes) · as of 2026-01-23 |
| Guinea | 18% | Source: PwC — VAT and Indirect Taxes in Africa 2023, Guinea · as of 2023-01-28 |
| Difference | +1 pp | Colombia higher |
Colombia has a VAT rate of 19%, 1pp above Guinea's 18%. The 181-country average is 15%: both sit above it. Colombia's figure is dated 2026-01-23 and Guinea's 2023-01-28, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Colombia | 1.5% | Source: PWC Worldwide Tax Summaries — Colombia (Individual, Other taxes) · as of 2026-01-23 |
| Guinea | 0% | Source: Direction Générale des Impôts (DGI) Guinée — official site · as of 2026-07-18 |
| Difference | +1.5 pp | Colombia higher |
Colombia has a wealth tax rate of 1.5%, 1.5pp above Guinea's 0%. The 193-country average is 0.1%: Colombia sits above it, Guinea sits below it.
Not covered for both countries yet: Capital Gains Tax, Crypto Tax.