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Guatemala vs Guinea: tax rates compared

Guinea's income tax rate is 13pp higher than Guatemala's (20% vs 7%). The 200-country average is 28%: both sit below it. Guatemala's figure is dated 2026-06-09 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

0102030405060Income7%20%Corporate25%VAT12%18%Wealth Tax0%
four shared taxes, side by side
Tax GT GNDifference
Income Tax7%20%GN +13 pplargest gap
Corporate Tax25%25%match
VAT12%18%GN +6 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Guatemala7%Source: PwC Worldwide Tax Summaries — Guatemala, Individual - Taxes on personal income · as of 2026-06-09
Guinea20%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−13 ppGuinea higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Guatemala25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Guinea25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference0 ppdisplayed rates match

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

VAT

VAT, side by side
CountryRateSource
Guatemala12%Source: PWC Worldwide Tax Summaries — Guatemala (Corporate, Other taxes) · as of 2026-06-09
Guinea18%Source: PwC — VAT and Indirect Taxes in Africa 2023, Guinea · as of 2023-01-28
Difference−6 ppGuinea higher

Guinea's VAT rate is 6pp higher than Guatemala's (18% vs 12%). The 181-country average is 15%: Guatemala sits below it, Guinea sits above it. Guatemala's figure is dated 2026-06-09 and Guinea's 2023-01-28, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Guatemala0%Source: PWC Worldwide Tax Summaries — Guatemala (Individual, Other taxes) · as of 2026-06-09
Guinea0%Source: Direction Générale des Impôts (DGI) Guinée — official site · as of 2026-07-18
Difference0 ppdisplayed rates match

Guatemala's wealth tax rate is identical to Guinea's — both sit at 0%. The 193-country average is 0.1%: both sit below it.

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