GQ · AfricaES · Europe

Equatorial Guinea vs Spain: tax rates compared

Spain's income tax rate is 23.6pp higher than Equatorial Guinea's (48.6% vs 25%). The 200-country average is 28%: Equatorial Guinea sits below it, Spain sits above 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

0102030405060Income25%48.6%Corporate25%VAT15%21%Wealth Tax0%3.5%
four shared taxes, side by side
Tax GQ ESDifference
Income Tax25%48.6%ES +23.6 pplargest gap
Corporate Tax25%25%match
VAT15%21%ES +6 pp
Wealth Tax0%3.5%ES +3.5 pp

Income Tax

Income Tax, side by side
CountryRateSource
Equatorial Guinea25%Source: PwC Worldwide Tax Summaries — Equatorial Guinea, Individual - Taxes on personal income · as of 2025-11-21
Spain48.6%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Difference−23.6 ppSpain higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Equatorial Guinea25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Spain25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference0 ppdisplayed rates match

Equatorial Guinea's corporate tax rate is identical to Spain's — both sit at 25%. The 201-country average is 22.6%: both sit above it.

VAT

VAT, side by side
CountryRateSource
Equatorial Guinea15%Source: PWC Worldwide Tax Summaries — Equatorial Guinea (Corporate, Other taxes) · as of 2025-11-21
Spain21%Source: PWC Worldwide Tax Summaries — Spain (Corporate, Other taxes) · as of 2025-12-31
Difference−6 ppSpain higher

Spain's VAT rate is 6pp higher than Equatorial Guinea's (21% vs 15%). The 181-country average is 15%: Equatorial Guinea matches the world average, Spain sits above it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Equatorial Guinea0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2025-11-21
Spain3.5%Source: PWC Worldwide Tax Summaries — Spain (Individual, Other taxes) · as of 2025-12-31
Difference−3.5 ppSpain higher

Spain's wealth tax rate is 3.5pp higher than Equatorial Guinea's (3.5% vs 0%). The 193-country average is 0.1%: Equatorial Guinea sits below it, Spain sits above it.

Not covered for both countries yet: Capital Gains Tax, Crypto Tax.