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Gambia vs Grenada: tax rates compared
Grenada's income tax rate is 5pp higher than Gambia's (30% vs 25%). The 200-country average is 28%: Gambia sits below it, Grenada sits above it. Gambia's figure is dated 2018-01-01 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 | GM | GD | Difference |
|---|---|---|---|
| Income Tax | 25% | 30% | GD +5 pp |
| Corporate Tax | 27% | 28% | GD +1 pp |
| VAT | 15% | 15% | match |
| Capital Gains Tax | 15% | 0% | GM +15 pplargest gap |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Gambia | 25% | Source: Gambia Revenue Authority — Personal Income Tax · as of 2018-01-01 |
| 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 |
|---|---|---|
| Gambia | 27% | 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 | −1 pp | Grenada higher |
Grenada's corporate tax rate is 1pp higher than Gambia's (28% vs 27%). The 201-country average is 22.6%: both sit above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Gambia | 15% | Source: Gambia Revenue Authority — Domestic Taxes FAQs · as of 2026-01-01 |
| Grenada | 15% | Source: Grenada Ministry of Finance — VAT and the Consumer · as of 2010-02-01 |
| Difference | 0 pp | displayed rates match |
Gambia's VAT rate is identical to Grenada's — both sit at 15%. The 181-country average is 15%: Gambia matches the world average, Grenada matches the world average. Gambia's figure is dated 2026-01-01 and Grenada's 2010-02-01, so the two rates come from different data vintages.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Gambia | 15% | Source: Gambia Revenue Authority — Domestic Taxes FAQs · as of 2026-07-19 |
| Grenada | 0% | Source: Grenada Inland Revenue Division — Income Tax · as of 2026-07-19 |
| Difference | +15 pp | Gambia higher |
Gambia's capital gains tax rate is 15pp higher than Grenada's (15% vs 0%). The 175-country average is 10.3%: Gambia sits above it, Grenada sits below it.
Not covered for both countries yet: Crypto Tax, Wealth Tax.