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Guinea-Bissau vs Suriname: tax rates compared
Suriname has an income tax rate of 38%, 18pp above Guinea-Bissau's 20%. The 200-country average is 28%: Guinea-Bissau sits below it, Suriname sits above it. Guinea-Bissau's figure is dated 2021-01-31 and Suriname's 2024-10-01, 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
| Tax | GW | SR | Difference |
|---|---|---|---|
| Income Tax | 20% | 38% | SR +18 pplargest gap |
| Corporate Tax | 25% | 36% | SR +11 pp |
| VAT | 19% | 10% | GW +9 pp |
| Wealth Tax | 0% | 3% | SR +3 pp |
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 |
| Suriname | 38% | Source: Belastingdienst Suriname (tax authority) — Wet Inkomstenbelasting 1922, as last amended by S.B. 2024 no. 3 (Art. 34) · as of 2024-10-01 |
| Difference | −18 pp | Suriname higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Guinea-Bissau | 25% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Suriname | 36% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −11 pp | Suriname higher |
Suriname has a corporate tax rate of 36%, 11pp above Guinea-Bissau's 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 |
| Suriname | 10% | Source: Belastingdienst Suriname (Suriname Tax Administration) · as of 2023-01-01 |
| Difference | +9 pp | Guinea-Bissau higher |
Guinea-Bissau has a VAT rate of 19%, 9pp above Suriname's 10%. The 181-country average is 15%: Guinea-Bissau sits above it, Suriname sits below it. Guinea-Bissau's figure is dated 2022-02-25 and Suriname's 2023-01-01, 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 |
| Suriname | 3% | Source: Belastingdienst Suriname — Wet Vermogensbelasting 1944 (geldende tekst, zoals laatstelijk gewijzigd bij S.B. 2002 no.107) · as of 2024-10-01 |
| Difference | −3 pp | Suriname higher |
Suriname has a wealth tax rate of 3%, 3pp above Guinea-Bissau's 0%. The 193-country average is 0.1%: Guinea-Bissau sits below it, Suriname sits above it. Guinea-Bissau's figure is dated 2026-07-18 and Suriname's 2024-10-01, so the two rates come from different data vintages.
Not covered for both countries yet: Capital Gains Tax, Crypto Tax.