Equatorial Guinea vs Gambia
Tax Rate Comparison
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๐ฐ Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country โ side by side.
๐ฌ๐ถ Equatorial Guinea โ Equatorial Guinea Tax System
Equatorial Guinea has progressive income tax up to 35%. VAT is 15%. The country became sub-Saharan Africa's third-largest oil producer after 1995 oil discoveries, making it one of the wealthiest by GDP per capita โ but extreme inequality means most citizens remain poor. The Obiang family has ruled since 1979. Oil revenue is declining; diversification efforts continue.
๐ฌ๐ฒ Gambia โ Gambia Tax System
The Gambia has progressive income tax up to 35%. Standard GST is 15%. Following the end of Yahya Jammeh's 22-year dictatorship in 2017, President Adama Barrow has been rebuilding democratic institutions. The economy is heavily tourism-dependent and relies on groundnut exports and remittances. GRA (Gambia Revenue Authority) administers tax collection.
Equatorial Guinea vs Gambia: Key Tax Differences (2026)
๐ฐ Income Tax: Equatorial Guinea and Gambia have similar top income tax rates (0โ35% vs 0โ35%).
๐ VAT/Sales Tax: Both countries have comparable consumption tax rates (15% vs 15%).
๐ข Corporate Tax: ๐ฌ๐ฒ Gambia offers a lower corporate rate (27% vs 35%), which can influence business location decisions.
๐ Capital Gains: ๐ฌ๐ฒ Gambia taxes investment gains at a lower rate (27% vs 35%), benefiting investors.