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Guyana vs Libya: tax rates compared

Guyana has an income tax rate of 35%, 25pp above Libya's 10%. The 200-country average is 28%: Guyana sits above it, Libya sits below it.

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

0102030405060Income10%35%Corporate20%25%VAT0%14%Capital Gains0%Wealth Tax0%
five shared taxes, side by side
Tax GY LYDifference
Income Tax35%10%GY +25 pplargest gap
Corporate Tax25%20%GY +5 pp
VAT14%0%GY +14 pp
Capital Gains Tax0%0%match
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Guyana35%Source: PWC Worldwide Tax Summaries — Guyana (Individual, Taxes on personal income) · as of 2026-06-02
Libya10%Source: PWC Worldwide Tax Summaries — Libya (Individual, Taxes on personal income) · as of 2026-05-31
Difference+25 ppGuyana higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Guyana25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Libya20%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+5 ppGuyana higher

Guyana has a corporate tax rate of 25%, 5pp above Libya's 20%. The 201-country average is 22.6%: Guyana sits above it, Libya sits below it.

VAT

VAT, side by side
CountryRateSource
Guyana14%Source: PWC Worldwide Tax Summaries — Guyana (Corporate, Other taxes) · as of 2026-06-02
Libya0%Source: PWC Worldwide Tax Summaries — Libya (Corporate, Other taxes) · as of 2026-05-31
Difference+14 ppGuyana higher

Guyana has a VAT rate of 14%, 14pp above Libya's 0%. The 181-country average is 15%: both sit below it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Guyana0%Source: PWC Worldwide Tax Summaries — Guyana (Individual, Other taxes) · as of 2026-06-02
Libya0%Source: PWC Worldwide Tax Summaries — Libya (Individual, Taxes on personal income) · as of 2026-05-31
Difference0 ppdisplayed rates match

Guyana and Libya share the same capital gains tax rate: 0%. The 175-country average is 10.3%: both sit below it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Guyana0%Source: PWC Worldwide Tax Summaries — Guyana (Individual, Other taxes) · as of 2026-06-02
Libya0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-05-31
Difference0 ppdisplayed rates match

Guyana and Libya share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it.

Not covered for both countries yet: Crypto Tax.