GN · AfricaLR · Africa

Guinea vs Liberia: tax rates compared

Liberia has an income tax rate of 25%, 5pp above Guinea's 20%. The 200-country average is 28%: both sit below it. Guinea's figure is dated 2022-01-01 and Liberia's 2026-01-14, so the two rates come from different data vintages.

Verified data covers three of the six tracked tax types for both countries; every rate below is cited to its source and dated.

At a glance

0102030405060Income20%25%Corporate25%Wealth Tax0%
three shared taxes, side by side
Tax GN LRDifference
Income Tax20%25%LR +5 pplargest gap
Corporate Tax25%25%match
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Guinea20%Source: Guinea Code Général des Impôts (Loi ordinaire L/2021/032/AN), Direction Générale des Impôts, Articles 63-64 · as of 2022-01-01
Liberia25%Source: PWC Worldwide Tax Summaries — Liberia, Republic of (Individual, Taxes on personal income) · as of 2026-01-14
Difference−5 ppLiberia higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Guinea25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Liberia25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference0 ppdisplayed rates match

Guinea and Liberia share the same corporate tax rate: 25%. The 201-country average is 22.6%: both sit above it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Guinea0%Source: Direction Générale des Impôts (DGI) Guinée — official site · as of 2026-07-18
Liberia0%Source: PWC Worldwide Tax Summaries — Liberia, Republic of (Individual, Other taxes) · as of 2026-01-14
Difference0 ppdisplayed rates match

Guinea and Liberia share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it.

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