GW · AfricaPG · Oceania
Guinea-Bissau vs Papua New Guinea: tax rates compared
Papua New Guinea's income tax rate is 22pp higher than Guinea-Bissau's (42% vs 20%). The 200-country average is 28%: Guinea-Bissau sits below it, Papua New Guinea sits above it. Guinea-Bissau's figure is dated 2021-01-31 and Papua New Guinea's 2026-03-27, 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
| Tax | GW | PG | Difference |
|---|---|---|---|
| Income Tax | 20% | 42% | PG +22 pplargest gap |
| Corporate Tax | 25% | 30% | PG +5 pp |
| VAT | 19% | 10% | GW +9 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Guinea-Bissau | 20% | Source: Ministério das Finanças (Guiné-Bissau) — Código do Imposto Profissional, Artigo 27º (Redação atribuída pelo artigo 10º da Lei nº 1/2021), via Kontaktu legislation portal · as of 2021-01-31 |
| Papua New Guinea | 42% | Source: PWC Worldwide Tax Summaries — Papua New Guinea (Individual, Taxes on personal income) · as of 2026-03-27 |
| Difference | −22 pp | Papua New Guinea higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Guinea-Bissau | 25% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Papua New Guinea | 30% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −5 pp | Papua New Guinea higher |
Papua New Guinea's corporate tax rate is 5pp higher than Guinea-Bissau's (30% vs 25%). The 201-country average is 22.6%: both sit above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Guinea-Bissau | 19% | Source: Ministério das Finanças (Guiné-Bissau) — Lei nº 4/2022 (Código do IVA), via Kontaktu legislation portal · as of 2022-02-25 |
| Papua New Guinea | 10% | Source: PWC Worldwide Tax Summaries — Papua New Guinea (Corporate, Other taxes) · as of 2026-03-27 |
| Difference | +9 pp | Guinea-Bissau higher |
Guinea-Bissau's VAT rate is 9pp higher than Papua New Guinea's (19% vs 10%). The 181-country average is 15%: Guinea-Bissau sits above it, Papua New Guinea sits below it. Guinea-Bissau's figure is dated 2022-02-25 and Papua New Guinea's 2026-03-27, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Guinea-Bissau | 0% | Source: Direção Geral das Contribuições e Impostos (DGCI) Guiné-Bissau — official withholding-tax return instructions (Instrução de Serviço, DGCI/2021), hosted on the Ministério das Finanças domain · as of 2026-07-18 |
| Papua New Guinea | 0% | Source: PWC Worldwide Tax Summaries — Papua New Guinea (Individual, Other taxes) · as of 2026-03-27 |
| Difference | 0 pp | displayed rates match |
Guinea-Bissau's wealth tax rate is identical to Papua New 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.