GW · AfricaES · Europe

Guinea-Bissau vs Spain: tax rates compared

Between the two, Spain's income tax rate (48.6%) tops Guinea-Bissau's (20%) by 28.6pp. The 200-country average is 28%: Guinea-Bissau sits below it, Spain sits above it. Guinea-Bissau's figure is dated 2021-01-31 and Spain'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%48.6%Corporate25%VAT19%21%Wealth Tax0%3.5%
four shared taxes, side by side
Tax GW ESDifference
Income Tax20%48.6%ES +28.6 pplargest gap
Corporate Tax25%25%match
VAT19%21%ES +2 pp
Wealth Tax0%3.5%ES +3.5 pp

Income Tax

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Guinea-Bissau25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Spain25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference0 ppdisplayed rates match

There's no gap here — Guinea-Bissau and Spain both post a corporate tax rate of 25%. 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
Spain21%Source: PWC Worldwide Tax Summaries — Spain (Corporate, Other taxes) · as of 2025-12-31
Difference−2 ppSpain higher

Between the two, Spain's VAT rate (21%) tops Guinea-Bissau's (19%) by 2pp. The 181-country average is 15%: both sit above it. Guinea-Bissau's figure is dated 2022-02-25 and Spain's 2025-12-31, so the two rates come from different data vintages.

Wealth Tax

Between the two, Spain's wealth tax rate (3.5%) tops Guinea-Bissau's (0%) by 3.5pp. The 193-country average is 0.1%: Guinea-Bissau sits below it, Spain sits above it. Guinea-Bissau's figure is dated 2026-07-18 and Spain's 2025-12-31, so the two rates come from different data vintages.

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