GT · AmericasGW · Africa

Guatemala vs Guinea-Bissau: tax rates compared

Guinea-Bissau has an income tax rate of 20%, 13pp above Guatemala's 7%. The 200-country average is 28%: both sit below it. Guatemala's figure is dated 2026-06-09 and Guinea-Bissau's 2021-01-31, 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%19%Wealth Tax0%
four shared taxes, side by side
Tax GT GWDifference
Income Tax7%20%GW +13 pplargest gap
Corporate Tax25%25%match
VAT12%19%GW +7 pp
Wealth Tax0%0%match

Income Tax

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Guatemala25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Guinea-Bissau25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference0 ppdisplayed rates match

Guatemala and Guinea-Bissau share the same corporate tax rate: 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
Guinea-Bissau19%Source: Ministério das Finanças (Guiné-Bissau) — Lei nº 4/2022 (Código do IVA), via Kontaktu legislation portal · as of 2022-02-25
Difference−7 ppGuinea-Bissau higher

Guinea-Bissau has a VAT rate of 19%, 7pp above Guatemala's 12%. The 181-country average is 15%: Guatemala sits below it, Guinea-Bissau sits above it. Guatemala's figure is dated 2026-06-09 and Guinea-Bissau's 2022-02-25, so the two rates come from different data vintages.

Wealth Tax

Guatemala and Guinea-Bissau share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it.

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