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Bolivia vs Grenada: tax rates compared

Grenada's income tax rate is 17pp higher than Bolivia's (30% vs 13%). The 200-country average is 28%: Bolivia 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

0102030405060Income13%30%Corporate25%28%VAT13%15%Capital Gains0%
four shared taxes, side by side
Tax BO GDDifference
Income Tax13%30%GD +17 pplargest gap
Corporate Tax25%28%GD +3 pp
VAT13%15%GD +2 pp
Capital Gains Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Bolivia13%Source: PWC Worldwide Tax Summaries — Bolivia (Individual, Taxes on personal income) · as of 2026-03-26
Grenada30%Source: Grenada Ministry of Finance — All you need to know about Personal Income Tax · as of 2026-07-20
Difference−17 ppGrenada higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Bolivia25%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−3 ppGrenada higher

Grenada's corporate tax rate is 3pp higher than Bolivia's (28% vs 25%). The 201-country average is 22.6%: both sit above it.

VAT

VAT, side by side
CountryRateSource
Bolivia13%Source: PWC Worldwide Tax Summaries — Bolivia (Corporate, Other taxes) · as of 2026-03-26
Grenada15%Source: Grenada Ministry of Finance — VAT and the Consumer · as of 2010-02-01
Difference−2 ppGrenada higher

Grenada's VAT rate is 2pp higher than Bolivia's (15% vs 13%). The 181-country average is 15%: Bolivia sits below it, Grenada matches the world average. Bolivia's figure is dated 2026-03-26 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
Bolivia0%Source: PWC Worldwide Tax Summaries — Bolivia (Individual, Income determination) · as of 2026-03-26
Grenada0%Source: Grenada Inland Revenue Division — Income Tax · as of 2026-07-19
Difference0 ppdisplayed rates match

Bolivia's capital gains tax rate is identical to Grenada's — both sit at 0%. The 175-country average is 10.3%: both sit below it.

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