Eritrea vs Equatorial Guinea
Tax Rate Comparison
Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.
π° Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country β side by side.
πͺπ· Eritrea β Eritrea Tax System
Eritrea has a progressive income tax up to 38%. Uniquely, it levies a 2% 'diaspora tax' on Eritrean citizens living abroad β a controversial policy condemned by the UN. Corporate tax is 30%. The highly centralized command economy under President Isaias Afwerki limits private sector activity. Mining (gold, copper, zinc) is the main formal revenue sector. International sanctions apply.
π¬πΆ Equatorial Guinea β 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 β but extreme inequality means most citizens remain poor. The Obiang family has ruled since 1979. Oil revenue is declining; diversification efforts continue.
Eritrea vs Equatorial Guinea: Key Tax Differences (2026)
π° Income Tax: πͺπ· Eritrea has a higher top income tax rate (0β38% vs 0β35%). π¬πΆ Equatorial Guinea is more favourable for high earners.
π VAT/Sales Tax: Equatorial Guinea has a higher consumption tax (5% vs 15%).
π’ Corporate Tax: πͺπ· Eritrea offers a lower corporate rate (30% vs 35%), which can influence business location decisions.
π Capital Gains: πͺπ· Eritrea taxes investment gains at a lower rate (30% vs 35%), benefiting investors.