GR · EuropePY · Americas
Greece vs Paraguay: tax rates compared
Greece has an income tax rate of 44%, 34pp above Paraguay's 10%. The 200-country average is 28%: Greece sits above it, Paraguay sits below it. Greece's figure is dated 2025-01-01 and Paraguay's 2026-02-07, so the two rates come from different data vintages.
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 | GR | PY | Difference |
|---|---|---|---|
| Income Tax | 44% | 10% | GR +34 pplargest gap |
| Corporate Tax | 22% | 10% | GR +12 pp |
| VAT | 24% | 10% | GR +14 pp |
| Capital Gains Tax | 0% | 8% | PY +8 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Greece | 44% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Paraguay | 10% | Source: PWC Worldwide Tax Summaries — Paraguay (Individual, Taxes on personal income) · as of 2026-02-07 |
| Difference | +34 pp | Greece higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Greece | 22% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Paraguay | 10% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +12 pp | Greece higher |
Greece has a corporate tax rate of 22%, 12pp above Paraguay's 10%. The 201-country average is 22.6%: both sit below it.
VAT
| Country | Rate | Source |
|---|---|---|
| Greece | 24% | Source: PWC Worldwide Tax Summaries — Greece (Corporate, Other taxes) · as of 2026-02-16 |
| Paraguay | 10% | Source: PWC Worldwide Tax Summaries — Paraguay (Corporate, Other taxes) · as of 2026-02-07 |
| Difference | +14 pp | Greece higher |
Greece has a VAT rate of 24%, 14pp above Paraguay's 10%. The 181-country average is 15%: Greece sits above it, Paraguay sits below it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Greece | 0% | Source: PWC Worldwide Tax Summaries — Greece (Individual, Income determination) · as of 2026-02-16 |
| Paraguay | 8% | Source: PWC Worldwide Tax Summaries — Paraguay (Individual, Taxes on personal income) · as of 2026-02-07 |
| Difference | −8 pp | Paraguay higher |
Paraguay has a capital gains tax rate of 8%, 8pp above Greece's 0%. The 175-country average is 10.3%: both sit below it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Greece | 0% | Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-02-16 |
| Paraguay | 0% | Source: PWC Worldwide Tax Summaries — Paraguay (Net wealth/worth tax rates) · as of 2026-02-07 |
| Difference | 0 pp | displayed rates match |
Greece and Paraguay 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.