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Guyana vs Singapore: tax rates compared
Guyana's income tax rate is 11pp higher than Singapore's (35% vs 24%). The 200-country average is 28%: Guyana sits above it, Singapore 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 | SG | Difference |
|---|---|---|---|
| Income Tax | 35% | 24% | GY +11 pplargest gap |
| Corporate Tax | 25% | 17% | GY +8 pp |
| VAT | 14% | 9% | GY +5 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 |
| Singapore | 24% | Source: Inland Revenue Authority of Singapore (IRAS) — Individual Income Tax rates · as of 2026-04-27 |
| Difference | +11 pp | Guyana higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Guyana | 25% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Singapore | 17% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +8 pp | Guyana higher |
Guyana's corporate tax rate is 8pp higher than Singapore's (25% vs 17%). The 201-country average is 22.6%: Guyana sits above it, Singapore sits below it.
VAT
| Country | Rate | Source |
|---|---|---|
| Guyana | 14% | Source: PWC Worldwide Tax Summaries — Guyana (Corporate, Other taxes) · as of 2026-06-02 |
| Singapore | 9% | Source: PWC Worldwide Tax Summaries — Singapore (Corporate, Other taxes) · as of 2026-07-02 |
| Difference | +5 pp | Guyana higher |
Guyana's VAT rate is 5pp higher than Singapore's (14% vs 9%). 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 |
| Singapore | 0% | Source: PWC Worldwide Tax Summaries — Singapore (Individual, Other taxes) · as of 2026-07-02 |
| Difference | 0 pp | displayed rates match |
Guyana's capital gains tax rate is identical to Singapore's — both sit at 0%. 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 |
| Singapore | 0% | Source: PWC Worldwide Tax Summaries — Singapore (Individual, Other taxes) · as of 2026-07-02 |
| Difference | 0 pp | displayed rates match |
Guyana's wealth tax rate is identical to Singapore's — both sit at 0%. The 193-country average is 0.1%: both sit below it.
Not covered for both countries yet: Crypto Tax.