GN · AfricaTH · Asia
Guinea vs Thailand: tax rates compared
Thailand's income tax rate is 15pp higher than Guinea's (35% vs 20%). The 200-country average is 28%: Guinea sits below it, Thailand sits above it. Guinea's figure is dated 2022-01-01 and Thailand's 2026-02-02, 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 | TH | Difference |
|---|---|---|---|
| Income Tax | 20% | 35% | TH +15 pplargest gap |
| Corporate Tax | 25% | 20% | GN +5 pp |
| VAT | 18% | 7% | GN +11 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 |
| Thailand | 35% | Source: PWC Worldwide Tax Summaries — Thailand (Individual, Taxes on personal income) · as of 2026-02-02 |
| Difference | −15 pp | Thailand higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Guinea | 25% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Thailand | 20% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +5 pp | Guinea higher |
Guinea's corporate tax rate is 5pp higher than Thailand's (25% vs 20%). The 201-country average is 22.6%: Guinea sits above it, Thailand sits below it.
VAT
| Country | Rate | Source |
|---|---|---|
| Guinea | 18% | Source: PwC — VAT and Indirect Taxes in Africa 2023, Guinea · as of 2023-01-28 |
| Thailand | 7% | Source: PWC Worldwide Tax Summaries — Thailand (Corporate, Other taxes) · as of 2026-02-02 |
| Difference | +11 pp | Guinea higher |
Guinea's VAT rate is 11pp higher than Thailand's (18% vs 7%). The 181-country average is 15%: Guinea sits above it, Thailand sits below it. Guinea's figure is dated 2023-01-28 and Thailand's 2026-02-02, 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 |
| Thailand | 0% | Source: PWC Worldwide Tax Summaries — Thailand (Individual, Other taxes) · as of 2026-02-02 |
| Difference | 0 pp | displayed rates match |
Guinea's wealth tax rate is identical to Thailand's — both sit at 0%. The 193-country average is 0.1%: both sit below it.
Not covered for both countries yet: Capital Gains Tax, Crypto Tax.