GH · AfricaME · Europe
Ghana vs Montenegro: tax rates compared
Ghana has an income tax rate of 35%, 20pp above Montenegro's 15%. The 200-country average is 28%: Ghana sits above it, Montenegro 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 | ME | Difference |
|---|---|---|---|
| Income Tax | 35% | 15% | GH +20 pplargest gap |
| Corporate Tax | 25% | 15% | GH +10 pp |
| VAT | 15% | 21% | ME +6 pp |
| Capital Gains Tax | 15% | 15% | match |
| 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 |
| Montenegro | 15% | Source: PWC Worldwide Tax Summaries — Montenegro (Individual, Taxes on personal income) · as of 2026-03-27 |
| Difference | +20 pp | Ghana higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Ghana | 25% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Montenegro | 15% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +10 pp | Ghana higher |
Ghana has a corporate tax rate of 25%, 10pp above Montenegro's 15%. The 201-country average is 22.6%: Ghana sits above it, Montenegro sits below it.
VAT
| Country | Rate | Source |
|---|---|---|
| Ghana | 15% | Source: Ghana Revenue Authority — VAT · as of 2026-01-01 |
| Montenegro | 21% | Source: PWC Worldwide Tax Summaries — Montenegro (Corporate, Other taxes) · as of 2026-03-27 |
| Difference | −6 pp | Montenegro higher |
Montenegro has a VAT rate of 21%, 6pp above Ghana's 15%. The 181-country average is 15%: Ghana matches the world average, Montenegro sits above it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Ghana | 15% | Source: Ghana Revenue Authority — Capital Gains Tax · as of 2026-07-19 |
| Montenegro | 15% | Source: PwC Worldwide Tax Summaries — Montenegro (Individual, Income determination) · as of 2026-03-27 |
| Difference | 0 pp | displayed rates match |
Ghana and Montenegro share the same capital gains tax rate: 15%. The 175-country average is 10.3%: both sit above 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 |
| Montenegro | 0% | Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-03-27 |
| Difference | 0 pp | displayed rates match |
Ghana and Montenegro share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it.
Not covered for both countries yet: Crypto Tax.