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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
| Tax | AL | GD | Difference |
|---|---|---|---|
| Income Tax | 23% | 30% | GD +7 pp |
| Corporate Tax | 15% | 28% | GD +13 pp |
| VAT | 20% | 15% | AL +5 pp |
| Capital Gains Tax | 15% | 0% | AL +15 pplargest gap |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Albania | 23% | Source: PWC Worldwide Tax Summaries — Albania (Individual, Taxes on personal income) · as of 2026-02-19 |
| Grenada | 30% | Source: Grenada Ministry of Finance — All you need to know about Personal Income Tax · as of 2026-07-20 |
| Difference | −7 pp | Grenada higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Albania | 15% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Grenada | 28% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −13 pp | Grenada 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
| Country | Rate | Source |
|---|---|---|
| Albania | 20% | Source: PWC Worldwide Tax Summaries — Albania (Corporate, Other taxes) · as of 2026-02-19 |
| Grenada | 15% | Source: Grenada Ministry of Finance — VAT and the Consumer · as of 2010-02-01 |
| Difference | +5 pp | Albania 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
| Country | Rate | Source |
|---|---|---|
| Albania | 15% | Source: PWC Worldwide Tax Summaries — Albania (Individual, Income determination) · as of 2026-02-19 |
| Grenada | 0% | Source: Grenada Inland Revenue Division — Income Tax · as of 2026-07-19 |
| Difference | +15 pp | Albania 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.