GQ · AfricaZA · Africa
Equatorial Guinea vs South Africa: tax rates compared
South Africa's income tax rate is 20pp higher than Equatorial Guinea's (45% vs 25%). The 200-country average is 28%: Equatorial Guinea sits below it, South Africa sits above it. Equatorial Guinea's figure is dated 2025-11-21 and South Africa's 2026-03-01, 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 | GQ | ZA | Difference |
|---|---|---|---|
| Income Tax | 25% | 45% | ZA +20 pplargest gap |
| Corporate Tax | 25% | 27% | ZA +2 pp |
| VAT | 15% | 15% | match |
| 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 |
| South Africa | 45% | Source: PWC Worldwide Tax Summaries — South Africa (Individual, Taxes on personal income) · as of 2026-03-01 |
| Difference | −20 pp | South Africa higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Equatorial Guinea | 25% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| South Africa | 27% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −2 pp | South Africa higher |
South Africa's corporate tax rate is 2pp higher than Equatorial Guinea's (27% vs 25%). 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 |
| South Africa | 15% | Source: PWC Worldwide Tax Summaries — South Africa (Corporate, Other taxes) · as of 2026-05-29 |
| Difference | 0 pp | displayed rates match |
Equatorial Guinea's VAT rate is identical to South Africa's — both sit at 15%. The 181-country average is 15%: Equatorial Guinea matches the world average, South Africa matches the world average. Equatorial Guinea's figure is dated 2025-11-21 and South Africa's 2026-05-29, 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 |
| South Africa | 0% | Source: PWC Worldwide Tax Summaries — South Africa (Individual, Other taxes) · as of 2026-05-29 |
| Difference | 0 pp | displayed rates match |
Equatorial Guinea's wealth tax rate is identical to South Africa's — both sit at 0%. The 193-country average is 0.1%: both sit below it. Equatorial Guinea's figure is dated 2025-11-21 and South Africa's 2026-05-29, so the two rates come from different data vintages.
Not covered for both countries yet: Capital Gains Tax, Crypto Tax.