BF · AfricaGD · Americas
Burkina Faso vs Grenada: tax rates compared
Grenada's income tax rate is 5pp higher than Burkina Faso's (30% vs 25%). The 200-country average is 28%: Burkina Faso sits below it, Grenada sits above it. Burkina Faso's figure is dated 2023-01-01 and Grenada's 2026-07-20, so the two rates come from different data vintages.
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 | BF | GD | Difference |
|---|---|---|---|
| Income Tax | 25% | 30% | GD +5 pp |
| Corporate Tax | 27.5% | 28% | GD +0.5 pp |
| VAT | 18% | 15% | BF +3 pp |
| Capital Gains Tax | 10% | 0% | BF +10 pplargest gap |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Burkina Faso | 25% | Source: Direction Générale des Impôts (DGI), Burkina Faso — Code Général des Impôts 2023 · as of 2023-01-01 |
| Grenada | 30% | Source: Grenada Ministry of Finance — All you need to know about Personal Income Tax · as of 2026-07-20 |
| Difference | −5 pp | Grenada higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Burkina Faso | 27.5% | 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 | −0.5 pp | Grenada higher |
Grenada's corporate tax rate is 0.5pp higher than Burkina Faso's (28% vs 27.5%). The 201-country average is 22.6%: both sit above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Burkina Faso | 18% | Source: Direction Générale des Impôts (DGI), Burkina Faso — Code Général des Impôts · as of 2023-01-01 |
| Grenada | 15% | Source: Grenada Ministry of Finance — VAT and the Consumer · as of 2010-02-01 |
| Difference | +3 pp | Burkina Faso higher |
Burkina Faso's VAT rate is 3pp higher than Grenada's (18% vs 15%). The 181-country average is 15%: Burkina Faso sits above it, Grenada matches the world average. Burkina Faso's figure is dated 2023-01-01 and Grenada's 2010-02-01, so the two rates come from different data vintages.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Burkina Faso | 10% | Source: Direction Générale des Impôts (DGI), Burkina Faso — Code Général des Impôts 2023 · as of 2023-01-01 |
| Grenada | 0% | Source: Grenada Inland Revenue Division — Income Tax · as of 2026-07-19 |
| Difference | +10 pp | Burkina Faso higher |
Burkina Faso's capital gains tax rate is 10pp higher than Grenada's (10% vs 0%). The 175-country average is 10.3%: both sit below it. Burkina Faso's figure is dated 2023-01-01 and Grenada's 2026-07-19, so the two rates come from different data vintages.
Not covered for both countries yet: Crypto Tax, Wealth Tax.