GW · AfricaLR · Africa

Guinea-Bissau vs Liberia: tax rates compared

Liberia has an income tax rate of 25%, 5pp above Guinea-Bissau's 20%. The 200-country average is 28%: both sit below it. Guinea-Bissau's figure is dated 2021-01-31 and Liberia's 2026-01-14, so the two rates come from different data vintages.

Verified data covers three of the six tracked tax types for both countries; every rate below is cited to its source and dated.

At a glance

0102030405060Income20%25%Corporate25%Wealth Tax0%
three shared taxes, side by side
Tax GW LRDifference
Income Tax20%25%LR +5 pplargest gap
Corporate Tax25%25%match
Wealth Tax0%0%match

Income Tax

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Guinea-Bissau25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Liberia25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference0 ppdisplayed rates match

Guinea-Bissau and Liberia share the same corporate tax rate: 25%. The 201-country average is 22.6%: both sit above it.

Wealth Tax

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

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