FI · EuropeGN · Africa
Finland vs Guinea: tax rates compared
Between the two, Finland's income tax rate (51.8%) tops Guinea's (20%) by 31.8pp. The 200-country average is 28%: Finland sits above it, Guinea sits below it. Finland'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 | FI | GN | Difference |
|---|---|---|---|
| Income Tax | 51.8% | 20% | FI +31.8 pplargest gap |
| Corporate Tax | 20% | 25% | GN +5 pp |
| VAT | 25.5% | 18% | FI +7.5 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Finland | 51.8% | 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 | +31.8 pp | Finland higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Finland | 20% | 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 | −5 pp | Guinea higher |
Between the two, Guinea's corporate tax rate (25%) tops Finland's (20%) by 5pp. The 201-country average is 22.6%: Finland sits below it, Guinea sits above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Finland | 25.5% | Source: Finnish Tax Administration (Vero) — Rates of VAT · as of 2026-01-01 |
| Guinea | 18% | Source: PwC — VAT and Indirect Taxes in Africa 2023, Guinea · as of 2023-01-28 |
| Difference | +7.5 pp | Finland higher |
Between the two, Finland's VAT rate (25.5%) tops Guinea's (18%) by 7.5pp. The 181-country average is 15%: both sit above it. Finland's figure is dated 2026-01-01 and Guinea's 2023-01-28, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Finland | 0% | Source: PWC Worldwide Tax Summaries — Finland (Individual, Other taxes) · as of 2026-06-24 |
| Guinea | 0% | Source: Direction Générale des Impôts (DGI) Guinée — official site · as of 2026-07-18 |
| Difference | 0 pp | displayed rates match |
There's no gap here — Finland and Guinea 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: Capital Gains Tax, Crypto Tax.