Equatorial Guinea: Income and profits taxes

The latest value from 2022 is 19.75 percent, a decline from 26.02 percent in 2021. In comparison, the world average is 31.54 percent, based on data from 93 countries. Historically, the average for Equatorial Guinea from 2006 to 2022 is 27.61 percent. The minimum value, 18.37 percent, was reached in 2007 while the maximum of 42.63 percent was recorded in 2020. See the global rankings for that indicator or use the country comparator to compare trends over time.

Definition: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.