GW · AfricaSK · Europe

Guinea-Bissau vs Slovakia: tax rates compared

Between the two, Slovakia's income tax rate (25%) tops Guinea-Bissau's (20%) by 5pp. The 200-country average is 28%: both sit below it. Guinea-Bissau's figure is dated 2021-01-31 and Slovakia's 2025-01-01, 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

0102030405060Income20%25%Corporate24%25%VAT19%23%Wealth Tax0%
four shared taxes, side by side
Tax GW SKDifference
Income Tax20%25%SK +5 pplargest gap
Corporate Tax25%24%GW +1 pp
VAT19%23%SK +4 pp
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
Slovakia24%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+1 ppGuinea-Bissau higher

Between the two, Guinea-Bissau's corporate tax rate (25%) tops Slovakia's (24%) by 1pp. The 201-country average is 22.6%: both sit above it.

VAT

VAT, side by side
CountryRateSource
Guinea-Bissau19%Source: Ministério das Finanças (Guiné-Bissau) — Lei nº 4/2022 (Código do IVA), via Kontaktu legislation portal · as of 2022-02-25
Slovakia23%Source: Finančná správa Slovenskej republiky — Sadzby dane (VAT rates) · as of 2025-01-01
Difference−4 ppSlovakia higher

Between the two, Slovakia's VAT rate (23%) tops Guinea-Bissau's (19%) by 4pp. The 181-country average is 15%: both sit above it. Guinea-Bissau's figure is dated 2022-02-25 and Slovakia's 2025-01-01, so the two rates come from different data vintages.

Wealth Tax

There's no gap here — Guinea-Bissau and Slovakia both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it.

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