GN · AfricaNO · Europe

Guinea vs Norway: tax rates compared

Between the two, Norway's income tax rate (39.7%) tops Guinea's (20%) by 19.7pp. The 200-country average is 28%: Guinea sits below it, Norway sits above it. Guinea's figure is dated 2022-01-01 and Norway'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%39.7%Corporate22%25%VAT18%25%Wealth Tax0%1.1%
four shared taxes, side by side
Tax GN NODifference
Income Tax20%39.7%NO +19.7 pplargest gap
Corporate Tax25%22%GN +3 pp
VAT18%25%NO +7 pp
Wealth Tax0%1.1%NO +1.1 pp

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
Norway39.7%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Difference−19.7 ppNorway higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Guinea25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Norway22%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+3 ppGuinea higher

Between the two, Guinea's corporate tax rate (25%) tops Norway's (22%) by 3pp. The 201-country average is 22.6%: Guinea sits above it, Norway sits below it.

VAT

VAT, side by side
CountryRateSource
Guinea18%Source: PwC — VAT and Indirect Taxes in Africa 2023, Guinea · as of 2023-01-28
Norway25%Source: PWC Worldwide Tax Summaries — Norway (Corporate, Other taxes) · as of 2026-06-25
Difference−7 ppNorway higher

Between the two, Norway's VAT rate (25%) tops Guinea's (18%) by 7pp. The 181-country average is 15%: both sit above it. Guinea's figure is dated 2023-01-28 and Norway's 2026-06-25, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Guinea0%Source: Direction Générale des Impôts (DGI) Guinée — official site · as of 2026-07-18
Norway1.1%Source: Skatteetaten (Norwegian Tax Administration) — Wealth tax rates · as of 2026-01-01
Difference−1.1 ppNorway higher

Between the two, Norway's wealth tax rate (1.1%) tops Guinea's (0%) by 1.1pp. The 193-country average is 0.1%: Guinea sits below it, Norway sits above it.

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