GW · AfricaUY · Americas

Guinea-Bissau vs Uruguay: tax rates compared

Uruguay has an income tax rate of 36%, 16pp above Guinea-Bissau's 20%. The 200-country average is 28%: Guinea-Bissau sits below it, Uruguay sits above it. Guinea-Bissau's figure is dated 2021-01-31 and Uruguay's 2025-12-31, 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%36%Corporate25%VAT19%22%Wealth Tax0%0.1%
four shared taxes, side by side
Tax GW UYDifference
Income Tax20%36%UY +16 pplargest gap
Corporate Tax25%25%match
VAT19%22%UY +3 pp
Wealth Tax0%0.1%UY +0.1 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
Uruguay25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference0 ppdisplayed rates match

Guinea-Bissau and Uruguay share the same corporate tax rate: 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
Uruguay22%Source: Dirección General Impositiva (DGI), Uruguay · as of 2024-06-18
Difference−3 ppUruguay higher

Uruguay has a VAT rate of 22%, 3pp above Guinea-Bissau's 19%. The 181-country average is 15%: both sit above it. Guinea-Bissau's figure is dated 2022-02-25 and Uruguay's 2024-06-18, so the two rates come from different data vintages.

Wealth Tax

Uruguay has a wealth tax rate of 0.1%, 0.1pp above Guinea-Bissau's 0%. The 193-country average is 0.1%: Guinea-Bissau sits below it, Uruguay matches the world average. Guinea-Bissau's figure is dated 2026-07-18 and Uruguay's 2025-01-01, so the two rates come from different data vintages.

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