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Guyana vs Paraguay: tax rates compared
Between the two, Guyana's income tax rate (35%) tops Paraguay's (10%) by 25pp. The 200-country average is 28%: Guyana sits above it, Paraguay 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
| Tax | GY | PY | Difference |
|---|---|---|---|
| Income Tax | 35% | 10% | GY +25 pplargest gap |
| Corporate Tax | 25% | 10% | GY +15 pp |
| VAT | 14% | 10% | GY +4 pp |
| Capital Gains Tax | 0% | 8% | PY +8 pp |
| 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 |
| Paraguay | 10% | Source: PWC Worldwide Tax Summaries — Paraguay (Individual, Taxes on personal income) · as of 2026-02-07 |
| Difference | +25 pp | Guyana higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Guyana | 25% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Paraguay | 10% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +15 pp | Guyana higher |
Between the two, Guyana's corporate tax rate (25%) tops Paraguay's (10%) by 15pp. The 201-country average is 22.6%: Guyana sits above it, Paraguay sits below it.
VAT
| Country | Rate | Source |
|---|---|---|
| Guyana | 14% | Source: PWC Worldwide Tax Summaries — Guyana (Corporate, Other taxes) · as of 2026-06-02 |
| Paraguay | 10% | Source: PWC Worldwide Tax Summaries — Paraguay (Corporate, Other taxes) · as of 2026-02-07 |
| Difference | +4 pp | Guyana higher |
Between the two, Guyana's VAT rate (14%) tops Paraguay's (10%) by 4pp. The 181-country average is 15%: both sit below it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Guyana | 0% | Source: PWC Worldwide Tax Summaries — Guyana (Individual, Other taxes) · as of 2026-06-02 |
| Paraguay | 8% | Source: PWC Worldwide Tax Summaries — Paraguay (Individual, Taxes on personal income) · as of 2026-02-07 |
| Difference | −8 pp | Paraguay higher |
Between the two, Paraguay's capital gains tax rate (8%) tops Guyana's (0%) by 8pp. The 175-country average is 10.3%: both sit below it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Guyana | 0% | Source: PWC Worldwide Tax Summaries — Guyana (Individual, Other taxes) · as of 2026-06-02 |
| Paraguay | 0% | Source: PWC Worldwide Tax Summaries — Paraguay (Net wealth/worth tax rates) · as of 2026-02-07 |
| Difference | 0 pp | displayed rates match |
There's no gap here — Guyana and Paraguay both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it.
Not covered for both countries yet: Crypto Tax.