GN · AfricaLT · Europe
Guinea vs Lithuania: tax rates compared
Lithuania has an income tax rate of 32%, 12pp above Guinea's 20%. The 200-country average is 28%: Guinea sits below it, Lithuania sits above it. Guinea's figure is dated 2022-01-01 and Lithuania'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
| Tax | GN | LT | Difference |
|---|---|---|---|
| Income Tax | 20% | 32% | LT +12 pplargest gap |
| Corporate Tax | 25% | 16% | GN +9 pp |
| VAT | 18% | 21% | LT +3 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Guinea | 20% | Source: Guinea Code Général des Impôts (Loi ordinaire L/2021/032/AN), Direction Générale des Impôts, Articles 63-64 · as of 2022-01-01 |
| Lithuania | 32% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Difference | −12 pp | Lithuania higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Guinea | 25% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Lithuania | 16% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +9 pp | Guinea higher |
Guinea has a corporate tax rate of 25%, 9pp above Lithuania's 16%. The 201-country average is 22.6%: Guinea sits above it, Lithuania sits below it.
VAT
| Country | Rate | Source |
|---|---|---|
| Guinea | 18% | Source: PwC — VAT and Indirect Taxes in Africa 2023, Guinea · as of 2023-01-28 |
| Lithuania | 21% | Source: PWC Worldwide Tax Summaries — Lithuania (Corporate, Other taxes) · as of 2026-03-10 |
| Difference | −3 pp | Lithuania higher |
Lithuania has a VAT rate of 21%, 3pp above Guinea's 18%. The 181-country average is 15%: both sit above it. Guinea's figure is dated 2023-01-28 and Lithuania's 2026-03-10, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Guinea | 0% | Source: Direction Générale des Impôts (DGI) Guinée — official site · as of 2026-07-18 |
| Lithuania | 0% | Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-03-10 |
| Difference | 0 pp | displayed rates match |
Guinea and Lithuania share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it.
Not covered for both countries yet: Capital Gains Tax, Crypto Tax.