GH · AfricaMN · Asia
Ghana vs Mongolia: tax rates compared
Ghana's income tax rate is 15pp higher than Mongolia's (35% vs 20%). The 200-country average is 28%: Ghana sits above it, Mongolia sits below it.
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
| Tax | GH | MN | Difference |
|---|---|---|---|
| Income Tax | 35% | 20% | GH +15 pplargest gap |
| Corporate Tax | 25% | 25% | match |
| VAT | 15% | 10% | GH +5 pp |
| Capital Gains Tax | 15% | 10% | GH +5 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Ghana | 35% | Source: PwC Worldwide Tax Summaries — Ghana, Individual - Taxes on personal income · as of 2026-03-11 |
| Mongolia | 20% | Source: PWC Worldwide Tax Summaries — Mongolia (Individual, Taxes on personal income) · as of 2026-06-08 |
| Difference | +15 pp | Ghana higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Ghana | 25% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Mongolia | 25% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | 0 pp | displayed rates match |
Ghana's corporate tax rate is identical to Mongolia's — both sit at 25%. The 201-country average is 22.6%: both sit above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Ghana | 15% | Source: Ghana Revenue Authority — VAT · as of 2026-01-01 |
| Mongolia | 10% | Source: PWC Worldwide Tax Summaries — Mongolia (Corporate, Other taxes) · as of 2026-06-08 |
| Difference | +5 pp | Ghana higher |
Ghana's VAT rate is 5pp higher than Mongolia's (15% vs 10%). The 181-country average is 15%: Ghana matches the world average, Mongolia sits below it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Ghana | 15% | Source: Ghana Revenue Authority — Capital Gains Tax · as of 2026-07-19 |
| Mongolia | 10% | Source: PwC Worldwide Tax Summaries — Mongolia (Individual, Income determination) · as of 2026-06-08 |
| Difference | +5 pp | Ghana higher |
Ghana's capital gains tax rate is 5pp higher than Mongolia's (15% vs 10%). The 175-country average is 10.3%: Ghana sits above it, Mongolia sits below it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Ghana | 0% | Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-03-11 |
| Mongolia | 0% | Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-06-08 |
| Difference | 0 pp | displayed rates match |
Ghana's wealth tax rate is identical to Mongolia's — both sit at 0%. The 193-country average is 0.1%: both sit below it.
Not covered for both countries yet: Crypto Tax.