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Ethiopia vs Grenada: tax rates compared

Between the two, Ethiopia's income tax rate (35%) tops Grenada's (30%) by 5pp. 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%35%Corporate28%30%VAT15%Capital Gains0%15%
four shared taxes, side by side
Tax ET GDDifference
Income Tax35%30%ET +5 pp
Corporate Tax30%28%ET +2 pp
VAT15%15%match
Capital Gains Tax15%0%ET +15 pplargest gap

Income Tax

Income Tax, side by side
CountryRateSource
Ethiopia35%Source: PwC Worldwide Tax Summaries — Ethiopia, Individual - Taxes on personal income · as of 2026-07-15
Grenada30%Source: Grenada Ministry of Finance — All you need to know about Personal Income Tax · as of 2026-07-20
Difference+5 ppEthiopia higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Ethiopia30%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+2 ppEthiopia higher

Between the two, Ethiopia's corporate tax rate (30%) tops Grenada's (28%) by 2pp. The 201-country average is 22.6%: both sit above it.

VAT

VAT, side by side
CountryRateSource
Ethiopia15%Source: PWC Worldwide Tax Summaries — Ethiopia (Corporate, Other taxes) · as of 2026-07-15
Grenada15%Source: Grenada Ministry of Finance — VAT and the Consumer · as of 2010-02-01
Difference0 ppdisplayed rates match

There's no gap here — Ethiopia and Grenada both post a VAT rate of 15%. The 181-country average is 15%: Ethiopia matches the world average, Grenada matches the world average. Ethiopia's figure is dated 2026-07-15 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
Ethiopia15%Source: PwC Worldwide Tax Summaries — Ethiopia, Corporate - Other taxes · as of 2026-07-15
Grenada0%Source: Grenada Inland Revenue Division — Income Tax · as of 2026-07-19
Difference+15 ppEthiopia higher

Between the two, Ethiopia's capital gains tax rate (15%) tops Grenada's (0%) by 15pp. The 175-country average is 10.3%: Ethiopia sits above it, Grenada sits below it.

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