Ecuador vs Guyana
Tax Rate Comparison
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π° Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country β side by side.
πͺπ¨ Ecuador β Municipal & Provincial Taxes
Ecuador's 24 provinces and 221 cantons (municipalities) levy the impuesto predial (property tax at 0.025%β0.5%), impuesto de patente (business licence), and municipal assets tax. Guayaquil and Quito have the highest municipal commercial charges. The Internal Revenue Service (SRI) administers national taxes. Ecuador uses the US dollar as official currency since 2000, providing monetary stability. Tax reform has been ongoing under successive administrations facing fiscal pressures from oil price volatility.
π¬πΎ Guyana β Regional & Municipal Taxes
Guyana's 10 administrative regions and municipalities levy property rates, market fees, and trade licences. Guyana has experienced a dramatic economic transformation since major offshore oil discoveries (Stabroek Block) began production in 2019. GDP growth rates have been among the world's highest (60%+ in 2022). The Natural Resource Fund manages oil revenues for long-term savings. A long-running border dispute with Venezuela over Essequibo affects regional stability but has not stopped oil development.
Ecuador vs Guyana: Key Tax Differences (2026)
π° Income Tax: π¬πΎ Guyana has a higher top income tax rate (0β37% vs 28β40%). πͺπ¨ Ecuador is more favourable for high earners.
π VAT/Sales Tax: Ecuador has a higher consumption tax (15% vs 14%).
π’ Corporate Tax: πͺπ¨ Ecuador offers a lower corporate rate (25% vs 40%), which can influence business location decisions.
π Capital Gains: πͺπ¨ Ecuador taxes investment gains at a lower rate (10% vs 20%), benefiting investors.