GT · AmericasNO · Europe

Guatemala vs Norway: tax rates compared

Norway's income tax rate is 32.7pp higher than Guatemala's (39.7% vs 7%). The 200-country average is 28%: Guatemala sits below it, Norway sits above it. Guatemala's figure is dated 2026-06-09 and Norway's 2025-01-01, 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

0102030405060Income7%39.7%Corporate22%25%VAT12%25%Capital Gains10%37.8%Wealth Tax0%1.1%
five shared taxes, side by side
Tax GT NODifference
Income Tax7%39.7%NO +32.7 pplargest gap
Corporate Tax25%22%GT +3 pp
VAT12%25%NO +13 pp
Capital Gains Tax10%37.8%NO +27.8 pp
Wealth Tax0%1.1%NO +1.1 pp

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
Norway39.7%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Difference−32.7 ppNorway higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Guatemala25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Norway22%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+3 ppGuatemala higher

Guatemala's corporate tax rate is 3pp higher than Norway's (25% vs 22%). The 201-country average is 22.6%: Guatemala sits above it, Norway sits below it.

VAT

VAT, side by side
CountryRateSource
Guatemala12%Source: PWC Worldwide Tax Summaries — Guatemala (Corporate, Other taxes) · as of 2026-06-09
Norway25%Source: PWC Worldwide Tax Summaries — Norway (Corporate, Other taxes) · as of 2026-06-25
Difference−13 ppNorway higher

Norway's VAT rate is 13pp higher than Guatemala's (25% vs 12%). The 181-country average is 15%: Guatemala sits below it, Norway sits above it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Guatemala10%Source: PWC Worldwide Tax Summaries — Guatemala (Individual, Income determination) · as of 2026-06-09
Norway37.8%Source: PwC Worldwide Tax Summaries — Norway (Individual, Income determination) · as of 2026-01-20
Difference−27.8 ppNorway higher

Norway's capital gains tax rate is 27.8pp higher than Guatemala's (37.8% vs 10%). The 175-country average is 10.3%: Guatemala sits below it, Norway sits above it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Guatemala0%Source: PWC Worldwide Tax Summaries — Guatemala (Individual, Other taxes) · as of 2026-06-09
Norway1.1%Source: Skatteetaten (Norwegian Tax Administration) — Wealth tax rates · as of 2026-01-01
Difference−1.1 ppNorway higher

Norway's wealth tax rate is 1.1pp higher than Guatemala's (1.1% vs 0%). The 193-country average is 0.1%: Guatemala sits below it, Norway sits above it.

Not covered for both countries yet: Crypto Tax.