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Grenada vs Guatemala: tax rates compared

Between the two, Grenada's income tax rate (30%) tops Guatemala's (7%) by 23pp. The 200-country average is 28%: Grenada sits above it, Guatemala sits below 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

0102030405060Income7%30%Corporate25%28%VAT12%15%Capital Gains0%10%
four shared taxes, side by side
Tax GD GTDifference
Income Tax30%7%GD +23 pplargest gap
Corporate Tax28%25%GD +3 pp
VAT15%12%GD +3 pp
Capital Gains Tax0%10%GT +10 pp

Income Tax

Income Tax, side by side
CountryRateSource
Grenada30%Source: Grenada Ministry of Finance — All you need to know about Personal Income Tax · as of 2026-07-20
Guatemala7%Source: PwC Worldwide Tax Summaries — Guatemala, Individual - Taxes on personal income · as of 2026-06-09
Difference+23 ppGrenada higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Grenada28%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Guatemala25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+3 ppGrenada higher

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

VAT

VAT, side by side
CountryRateSource
Grenada15%Source: Grenada Ministry of Finance — VAT and the Consumer · as of 2010-02-01
Guatemala12%Source: PWC Worldwide Tax Summaries — Guatemala (Corporate, Other taxes) · as of 2026-06-09
Difference+3 ppGrenada higher

Between the two, Grenada's VAT rate (15%) tops Guatemala's (12%) by 3pp. The 181-country average is 15%: Grenada matches the world average, Guatemala sits below it. Grenada's figure is dated 2010-02-01 and Guatemala's 2026-06-09, so the two rates come from different data vintages.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Grenada0%Source: Grenada Inland Revenue Division — Income Tax · as of 2026-07-19
Guatemala10%Source: PWC Worldwide Tax Summaries — Guatemala (Individual, Income determination) · as of 2026-06-09
Difference−10 ppGuatemala higher

Between the two, Guatemala's capital gains tax rate (10%) tops Grenada's (0%) by 10pp. The 175-country average is 10.3%: both sit below it.

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