AL · EuropeGD · Americas

Albania vs Grenada: tax rates compared

Grenada's income tax rate is 7pp higher than Albania's (30% vs 23%). The 200-country average is 28%: Albania sits below it, Grenada sits above it.

Verified data covers four of the six tracked tax types for both countries; every rate below is cited to its source and dated.

At a glance

0102030405060Income23%30%Corporate15%28%VAT15%20%Capital Gains0%15%
four shared taxes, side by side
Tax AL GDDifference
Income Tax23%30%GD +7 pp
Corporate Tax15%28%GD +13 pp
VAT20%15%AL +5 pp
Capital Gains Tax15%0%AL +15 pplargest gap

Income Tax

Income Tax, side by side
CountryRateSource
Albania23%Source: PWC Worldwide Tax Summaries — Albania (Individual, Taxes on personal income) · as of 2026-02-19
Grenada30%Source: Grenada Ministry of Finance — All you need to know about Personal Income Tax · as of 2026-07-20
Difference−7 ppGrenada higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Albania15%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Grenada28%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−13 ppGrenada higher

Grenada's corporate tax rate is 13pp higher than Albania's (28% vs 15%). The 201-country average is 22.6%: Albania sits below it, Grenada sits above it.

VAT

VAT, side by side
CountryRateSource
Albania20%Source: PWC Worldwide Tax Summaries — Albania (Corporate, Other taxes) · as of 2026-02-19
Grenada15%Source: Grenada Ministry of Finance — VAT and the Consumer · as of 2010-02-01
Difference+5 ppAlbania higher

Albania's VAT rate is 5pp higher than Grenada's (20% vs 15%). The 181-country average is 15%: Albania sits above it, Grenada matches the world average. Albania's figure is dated 2026-02-19 and Grenada's 2010-02-01, so the two rates come from different data vintages.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Albania15%Source: PWC Worldwide Tax Summaries — Albania (Individual, Income determination) · as of 2026-02-19
Grenada0%Source: Grenada Inland Revenue Division — Income Tax · as of 2026-07-19
Difference+15 ppAlbania higher

Albania's capital gains tax rate is 15pp higher than Grenada's (15% vs 0%). The 175-country average is 10.3%: Albania sits above it, Grenada sits below it.

Not covered for both countries yet: Crypto Tax, Wealth Tax.