GQ · AfricaSN · Africa
Equatorial Guinea vs Senegal: tax rates compared
Between the two, Senegal's income tax rate (43%) tops Equatorial Guinea's (25%) by 18pp. The 200-country average is 28%: Equatorial Guinea sits below it, Senegal sits above it. Equatorial Guinea's figure is dated 2025-11-21 and Senegal's 2026-03-31, 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 | GQ | SN | Difference |
|---|---|---|---|
| Income Tax | 25% | 43% | SN +18 pplargest gap |
| Corporate Tax | 25% | 30% | SN +5 pp |
| VAT | 15% | 18% | SN +3 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Equatorial Guinea | 25% | Source: PwC Worldwide Tax Summaries — Equatorial Guinea, Individual - Taxes on personal income · as of 2025-11-21 |
| Senegal | 43% | Source: PWC Worldwide Tax Summaries — Senegal (Individual, Taxes on personal income) · as of 2026-03-31 |
| Difference | −18 pp | Senegal higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Equatorial Guinea | 25% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Senegal | 30% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −5 pp | Senegal higher |
Between the two, Senegal's corporate tax rate (30%) tops Equatorial Guinea's (25%) by 5pp. The 201-country average is 22.6%: both sit above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Equatorial Guinea | 15% | Source: PWC Worldwide Tax Summaries — Equatorial Guinea (Corporate, Other taxes) · as of 2025-11-21 |
| Senegal | 18% | Source: PWC Worldwide Tax Summaries — Senegal (Corporate, Other taxes) · as of 2026-03-31 |
| Difference | −3 pp | Senegal higher |
Between the two, Senegal's VAT rate (18%) tops Equatorial Guinea's (15%) by 3pp. The 181-country average is 15%: Equatorial Guinea matches the world average, Senegal sits above it. Equatorial Guinea's figure is dated 2025-11-21 and Senegal's 2026-03-31, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Equatorial Guinea | 0% | Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2025-11-21 |
| Senegal | 0% | Source: PWC Worldwide Tax Summaries — Senegal (Individual, Other taxes) · as of 2026-03-31 |
| Difference | 0 pp | displayed rates match |
There's no gap here — Equatorial Guinea and Senegal both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it. Equatorial Guinea's figure is dated 2025-11-21 and Senegal's 2026-03-31, so the two rates come from different data vintages.
Not covered for both countries yet: Capital Gains Tax, Crypto Tax.