EC · AmericasGD · Americas

Ecuador vs Grenada: tax rates compared

Ecuador has an income tax rate of 37%, 7pp above Grenada's 30%. The 200-country average is 28%: both sit 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

0102030405060Income30%37%Corporate25%28%VAT15%Capital Gains0%37%
four shared taxes, side by side
Tax EC GDDifference
Income Tax37%30%EC +7 pp
Corporate Tax25%28%GD +3 pp
VAT15%15%match
Capital Gains Tax37%0%EC +37 pplargest gap

Income Tax

Income Tax, side by side
CountryRateSource
Ecuador37%Source: PwC Worldwide Tax Summaries — Ecuador, Individual - Taxes on personal income · as of 2026-02-09
Grenada30%Source: Grenada Ministry of Finance — All you need to know about Personal Income Tax · as of 2026-07-20
Difference+7 ppEcuador higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Ecuador25%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 has a corporate tax rate of 28%, 3pp above Ecuador's 25%. The 201-country average is 22.6%: both sit above it.

VAT

VAT, side by side
CountryRateSource
Ecuador15%Source: PWC Worldwide Tax Summaries — Ecuador (Corporate, Other taxes) · as of 2026-02-09
Grenada15%Source: Grenada Ministry of Finance — VAT and the Consumer · as of 2010-02-01
Difference0 ppdisplayed rates match

Ecuador and Grenada share the same VAT rate: 15%. The 181-country average is 15%: Ecuador matches the world average, Grenada matches the world average. Ecuador's figure is dated 2026-02-09 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
Ecuador37%Source: PwC Worldwide Tax Summaries — Ecuador, Individual - Taxes on personal income · as of 2026-02-09
Grenada0%Source: Grenada Inland Revenue Division — Income Tax · as of 2026-07-19
Difference+37 ppEcuador higher

Ecuador has a capital gains tax rate of 37%, 37pp above Grenada's 0%. The 175-country average is 10.3%: Ecuador sits above it, Grenada sits below it.

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