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Guyana vs Jamaica: tax rates compared
Guyana has an income tax rate of 35%, 5pp above Jamaica's 30%. The 200-country average is 28%: both sit above it. Guyana's figure is dated 2026-06-02 and Jamaica's 2025-12-31, so the two rates come from different data vintages.
Verified data covers five of the six tracked tax types for both countries; every rate below is cited to its source and dated.
At a glance
| Tax | GY | JM | Difference |
|---|---|---|---|
| Income Tax | 35% | 30% | GY +5 pplargest gap |
| Corporate Tax | 25% | 25% | match |
| VAT | 14% | 15% | JM +1 pp |
| Capital Gains Tax | 0% | 0% | match |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Guyana | 35% | Source: PWC Worldwide Tax Summaries — Guyana (Individual, Taxes on personal income) · as of 2026-06-02 |
| Jamaica | 30% | Source: PWC Worldwide Tax Summaries — Jamaica (Individual, Taxes on personal income) · as of 2025-12-31 |
| Difference | +5 pp | Guyana higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Guyana | 25% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Jamaica | 25% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | 0 pp | displayed rates match |
Guyana and Jamaica share the same corporate tax rate: 25%. The 201-country average is 22.6%: both sit above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Guyana | 14% | Source: PWC Worldwide Tax Summaries — Guyana (Corporate, Other taxes) · as of 2026-06-02 |
| Jamaica | 15% | Source: PWC Worldwide Tax Summaries — Jamaica (Corporate, Other taxes) · as of 2025-12-31 |
| Difference | −1 pp | Jamaica higher |
Jamaica has a VAT rate of 15%, 1pp above Guyana's 14%. The 181-country average is 15%: Guyana sits below it, Jamaica matches the world average. Guyana's figure is dated 2026-06-02 and Jamaica's 2025-12-31, so the two rates come from different data vintages.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Guyana | 0% | Source: PWC Worldwide Tax Summaries — Guyana (Individual, Other taxes) · as of 2026-06-02 |
| Jamaica | 0% | Source: PWC Worldwide Tax Summaries — Jamaica (Individual, Income determination) · as of 2025-12-31 |
| Difference | 0 pp | displayed rates match |
Guyana and Jamaica share the same capital gains tax rate: 0%. The 175-country average is 10.3%: both sit below it. Guyana's figure is dated 2026-06-02 and Jamaica's 2025-12-31, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Guyana | 0% | Source: PWC Worldwide Tax Summaries — Guyana (Individual, Other taxes) · as of 2026-06-02 |
| Jamaica | 0% | Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2025-12-31 |
| Difference | 0 pp | displayed rates match |
Guyana and Jamaica share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it. Guyana's figure is dated 2026-06-02 and Jamaica's 2025-12-31, so the two rates come from different data vintages.
Not covered for both countries yet: Crypto Tax.