GY · AmericasVE · Americas

Guyana vs Venezuela: tax rates compared

Guyana's income tax rate is 1pp higher than Venezuela's (35% vs 34%). The 200-country average is 28%: both sit above 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

0102030405060Income34%35%Corporate25%34%VAT14%16%Capital Gains0%1%Wealth Tax0%0.3%
five shared taxes, side by side
Tax GY VEDifference
Income Tax35%34%GY +1 pp
Corporate Tax25%34%VE +9 pplargest gap
VAT14%16%VE +2 pp
Capital Gains Tax0%1%VE +1 pp
Wealth Tax0%0.3%VE +0.3 pp

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
Venezuela34%Source: PWC Worldwide Tax Summaries — Venezuela (Individual, Taxes on personal income) · as of 2026-01-12
Difference+1 ppGuyana higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Guyana25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Venezuela34%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−9 ppVenezuela higher

Venezuela's corporate tax rate is 9pp higher than Guyana's (34% vs 25%). The 201-country average is 22.6%: both sit above it.

VAT

VAT, side by side
CountryRateSource
Guyana14%Source: PWC Worldwide Tax Summaries — Guyana (Corporate, Other taxes) · as of 2026-06-02
Venezuela16%Source: PWC Worldwide Tax Summaries — Venezuela (Corporate, Other taxes) · as of 2026-01-12
Difference−2 ppVenezuela higher

Venezuela's VAT rate is 2pp higher than Guyana's (16% vs 14%). The 181-country average is 15%: Guyana sits below it, Venezuela sits above 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
Venezuela1%Source: PWC Worldwide Tax Summaries — Venezuela (Individual, Income determination) · as of 2026-01-12
Difference−1 ppVenezuela higher

Venezuela's capital gains tax rate is 1pp higher than Guyana's (1% vs 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
Venezuela0.3%Source: PWC Worldwide Tax Summaries — Venezuela (Individual, Other taxes) · as of 2026-01-12
Difference−0.3 ppVenezuela higher

Venezuela's wealth tax rate is 0.3pp higher than Guyana's (0.3% vs 0%). The 193-country average is 0.1%: Guyana sits below it, Venezuela sits above it.

Not covered for both countries yet: Crypto Tax.