Ghana vs Grenada: tax rates compared

Income Tax

Income Tax, side by side

Country	Rate	Source
Ghana	35%	Source: PwC Worldwide Tax Summaries — Ghana, Individual - Taxes on personal income · as of 2026-03-11
Grenada	30%	Source: Grenada Ministry of Finance — All you need to know about Personal Income Tax · as of 2026-07-20
Difference	+5 pp	Ghana higher

Corporate Tax

Corporate Tax, side by side

Country	Rate	Source
Ghana	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

Between the two, Grenada's corporate tax rate (28%) tops Ghana's (25%) by 3pp. The 201-country average is 22.6%: both sit above it.

VAT

VAT, side by side

Country	Rate	Source
Ghana	15%	Source: Ghana Revenue Authority — VAT · 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

There's no gap here — Ghana and Grenada both post a VAT rate of 15%. The 181-country average is 15%: Ghana matches the world average, Grenada matches the world average. Ghana'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

Capital Gains Tax, side by side

Country	Rate	Source
Ghana	15%	Source: Ghana Revenue Authority — Capital Gains Tax · as of 2026-07-19
Grenada	0%	Source: Grenada Inland Revenue Division — Income Tax · as of 2026-07-19
Difference	+15 pp	Ghana higher

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