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Cameroon vs Grenada: tax rates compared

Cameroon has an income tax rate of 38.5%, 8.5pp above Grenada's 30%. The 200-country average is 28%: both sit above it. Cameroon's figure is dated 2025-12-31 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

0102030405060Income30%38.5%Corporate28%33%VAT15%19.3%Capital Gains0%16.5%
four shared taxes, side by side
Tax CM GDDifference
Income Tax38.5%30%CM +8.5 pp
Corporate Tax33%28%CM +5 pp
VAT19.3%15%CM +4.3 pp
Capital Gains Tax16.5%0%CM +16.5 pplargest gap

Income Tax

Income Tax, side by side
CountryRateSource
Cameroon38.5%Source: PWC Worldwide Tax Summaries — Cameroon, Republic of (Individual, Taxes on personal income) · as of 2025-12-31
Grenada30%Source: Grenada Ministry of Finance — All you need to know about Personal Income Tax · as of 2026-07-20
Difference+8.5 ppCameroon higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Cameroon33%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+5 ppCameroon higher

Cameroon has a corporate tax rate of 33%, 5pp above Grenada's 28%. The 201-country average is 22.6%: both sit above it.

VAT

VAT, side by side
CountryRateSource
Cameroon19.3%Source: PWC Worldwide Tax Summaries — Cameroon, Republic of (Corporate, Other taxes) · as of 2025-12-31
Grenada15%Source: Grenada Ministry of Finance — VAT and the Consumer · as of 2010-02-01
Difference+4.3 ppCameroon higher

Cameroon has a VAT rate of 19.3%, 4.3pp above Grenada's 15%. The 181-country average is 15%: Cameroon sits above it, Grenada matches the world average. Cameroon's figure is dated 2025-12-31 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
Cameroon16.5%Source: PWC Worldwide Tax Summaries — Cameroon, Republic of (Individual, Income determination) · as of 2025-12-31
Grenada0%Source: Grenada Inland Revenue Division — Income Tax · as of 2026-07-19
Difference+16.5 ppCameroon higher

Cameroon has a capital gains tax rate of 16.5%, 16.5pp above Grenada's 0%. The 175-country average is 10.3%: Cameroon sits above it, Grenada sits below it. Cameroon's figure is dated 2025-12-31 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.