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Costa Rica vs Paraguay: tax rates compared

Between the two, Costa Rica's income tax rate (25%) tops Paraguay's (10%) by 15pp. The 200-country average is 28%: both sit below it. Costa Rica's figure is dated 2025-01-01 and Paraguay's 2026-02-07, so the two rates come from different data vintages.

Verified data covers five of the six tracked tax types for both countries; every rate below is cited to its source and dated.

At a glance

0102030405060Income10%25%Corporate10%30%VAT10%13%Capital Gains8%15%Wealth Tax0%
five shared taxes, side by side
Tax CR PYDifference
Income Tax25%10%CR +15 pp
Corporate Tax30%10%CR +20 pplargest gap
VAT13%10%CR +3 pp
Capital Gains Tax15%8%CR +7 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Costa Rica25%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Paraguay10%Source: PWC Worldwide Tax Summaries — Paraguay (Individual, Taxes on personal income) · as of 2026-02-07
Difference+15 ppCosta Rica higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Costa Rica30%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Paraguay10%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+20 ppCosta Rica higher

Between the two, Costa Rica's corporate tax rate (30%) tops Paraguay's (10%) by 20pp. The 201-country average is 22.6%: Costa Rica sits above it, Paraguay sits below it.

VAT

VAT, side by side
CountryRateSource
Costa Rica13%Source: PWC Worldwide Tax Summaries — Costa Rica (Corporate, Other taxes) · as of 2026-06-30
Paraguay10%Source: PWC Worldwide Tax Summaries — Paraguay (Corporate, Other taxes) · as of 2026-02-07
Difference+3 ppCosta Rica higher

Between the two, Costa Rica's VAT rate (13%) tops Paraguay's (10%) by 3pp. The 181-country average is 15%: both sit below it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Costa Rica15%Source: PWC Worldwide Tax Summaries — Costa Rica (Individual, Income determination) · as of 2026-06-30
Paraguay8%Source: PWC Worldwide Tax Summaries — Paraguay (Individual, Taxes on personal income) · as of 2026-02-07
Difference+7 ppCosta Rica higher

Between the two, Costa Rica's capital gains tax rate (15%) tops Paraguay's (8%) by 7pp. The 175-country average is 10.3%: Costa Rica sits above it, Paraguay sits below it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Costa Rica0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-06-30
Paraguay0%Source: PWC Worldwide Tax Summaries — Paraguay (Net wealth/worth tax rates) · as of 2026-02-07
Difference0 ppdisplayed rates match

There's no gap here — Costa Rica and Paraguay 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: Crypto Tax.