Taxes on income, profits and capital gains in Guinea-Bissau
Guinea-Bissau: Taxes on income, profits and capital gains was 19.0% in 2024. ▲ Rising
Taxes on income, profits and capital gains in Guinea-Bissau, 2017–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
Guinea-Bissau recorded 19.0% for taxes on income, profits and capital gains in 2024.
The figure is down 11.6% on the previous year and up 35.7% over ten years.
Guinea-Bissau ranks 100th of 153 countries on this measure, in the middle of the range.
Taxes on income, profits and capital gains in Guinea-Bissau, year by year
| Year | % of revenue | Change |
|---|---|---|
| 2017 | 14.0% | — |
| 2018 | 16.1% | +15.0% |
| 2019 | 18.5% | +14.9% |
| 2020 | 14.4% | -21.9% |
| 2021 | 17.4% | +20.4% |
| 2022 | 20.0% | +15.1% |
| 2023 | 21.5% | +7.3% |
| 2024 | 19.0% | -11.6% |
Guinea-Bissau compared with similar countries
- Guinea-Bissau's 19.0% is below the median for low income countries, which is 22.4%, 85% of the median. (15 countries reporting)
- Guinea-Bissau's 19.0% is below the median for Sub-Saharan Africa, which is 25.5%, 74% of the median. (35 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 16.2% | 14.0% | 18.5% | 3 |
| 2020s | 18.5% | 14.4% | 21.5% | 5 |
Countries ranked near Guinea-Bissau
More public sector data for Guinea-Bissau
- Democracy, annual growth rate -100 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate -100 % change on previous year (2023)
- Elected parliament, annual growth rate -100 % change on previous year (2023)
- Chief executive of the government is elected, annual growth rate -100 % change on previous year (2025)
- Democracy 0 (2025)
- Chief executive of the government is elected 0 (2025)
- Elected parliament 0 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is taxes on income, profits and capital gains in Guinea-Bissau?
- Taxes on income, profits and capital gains in Guinea-Bissau was 19.0% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on income, profits and capital gains recorded in Guinea-Bissau?
- The highest recorded value was 21.5% in 2023.
- What is the lowest taxes on income, profits and capital gains recorded in Guinea-Bissau?
- The lowest recorded value was 14.0% in 2017.
- How does Guinea-Bissau rank for taxes on income, profits and capital gains?
- Guinea-Bissau ranks 100th out of 153 countries with data for 2024.
- Is taxes on income, profits and capital gains rising or falling in Guinea-Bissau?
- Over the last ten years it is up 35.7%. The long-run trend across the full record is rising.
- Where does this Guinea-Bissau data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Taxes on income, profits and capital gains (% of revenue). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 8 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Taxes on income, profits, and capital gains are taxes payable on the actual or presumed incomes, profits and capital gains. This indicator is expressed as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.