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Guyana vs Iceland: tax rates compared

Guyana's corporate tax rate is 5pp higher than Iceland's (25% vs 20%). The 201-country average is 22.6%: Guyana sits above it, Iceland sits below it.

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

Corporate Tax

0102030405060World avg 22.6%GY 25%IS 20%
Corporate Tax, side by side
CountryRateSource
Guyana25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Iceland20%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+5 ppGuyana higherlargest gap on this page

Wealth Tax

0102030405060World avg 0.1%GY 0%IS 0%
Wealth Tax, side by side
CountryRateSource
Guyana0%Source: PWC Worldwide Tax Summaries — Guyana (Individual, Other taxes) · as of 2026-06-02
Iceland0%Source: PWC Worldwide Tax Summaries — Iceland (Individual, Other taxes) · as of 2026-06-22
Difference0 ppdisplayed rates match

Guyana's wealth tax rate is identical to Iceland's — both sit at 0%. The 193-country average is 0.1%: both sit below it.

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