GQ · AfricaGD · Americas
Equatorial Guinea vs Grenada: tax rates compared
Grenada's income tax rate is 5pp higher than Equatorial Guinea's (30% vs 25%). The 200-country average is 28%: Equatorial Guinea sits below it, Grenada sits above it. Equatorial Guinea's figure is dated 2025-11-21 and Grenada's 2026-07-20, so the two rates come from different data vintages.
Verified data covers three of the six tracked tax types for both countries; every rate below is cited to its source and dated.
At a glance
| Tax | GQ | GD | Difference |
|---|---|---|---|
| Income Tax | 25% | 30% | GD +5 pplargest gap |
| Corporate Tax | 25% | 28% | GD +3 pp |
| VAT | 15% | 15% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Equatorial Guinea | 25% | Source: PwC Worldwide Tax Summaries — Equatorial Guinea, Individual - Taxes on personal income · as of 2025-11-21 |
| 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 |
|---|---|---|
| Equatorial Guinea | 25% | 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 | −3 pp | Grenada higher |
Grenada's corporate tax rate is 3pp higher than Equatorial Guinea's (28% vs 25%). The 201-country average is 22.6%: both sit above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Equatorial Guinea | 15% | Source: PWC Worldwide Tax Summaries — Equatorial Guinea (Corporate, Other taxes) · as of 2025-11-21 |
| Grenada | 15% | Source: Grenada Ministry of Finance — VAT and the Consumer · as of 2010-02-01 |
| Difference | 0 pp | displayed rates match |
Equatorial Guinea's VAT rate is identical to Grenada's — both sit at 15%. The 181-country average is 15%: Equatorial Guinea matches the world average, Grenada matches the world average. Equatorial Guinea's figure is dated 2025-11-21 and Grenada's 2010-02-01, so the two rates come from different data vintages.
Not covered for both countries yet: Capital Gains Tax, Crypto Tax, Wealth Tax.