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Grenada vs Guinea: tax rates compared
Grenada has an income tax rate of 30%, 10pp above Guinea's 20%. The 200-country average is 28%: Grenada sits above it, Guinea sits below it. Grenada's figure is dated 2026-07-20 and Guinea's 2022-01-01, 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 | GD | GN | Difference |
|---|---|---|---|
| Income Tax | 30% | 20% | GD +10 pplargest gap |
| Corporate Tax | 28% | 25% | GD +3 pp |
| VAT | 15% | 18% | GN +3 pp |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Grenada | 30% | Source: Grenada Ministry of Finance — All you need to know about Personal Income Tax · as of 2026-07-20 |
| Guinea | 20% | Source: Guinea Code Général des Impôts (Loi ordinaire L/2021/032/AN), Direction Générale des Impôts, Articles 63-64 · as of 2022-01-01 |
| Difference | +10 pp | Grenada higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Grenada | 28% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Guinea | 25% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +3 pp | Grenada higher |
Grenada has a corporate tax rate of 28%, 3pp above Guinea's 25%. The 201-country average is 22.6%: both sit above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Grenada | 15% | Source: Grenada Ministry of Finance — VAT and the Consumer · as of 2010-02-01 |
| Guinea | 18% | Source: PwC — VAT and Indirect Taxes in Africa 2023, Guinea · as of 2023-01-28 |
| Difference | −3 pp | Guinea higher |
Guinea has a VAT rate of 18%, 3pp above Grenada's 15%. The 181-country average is 15%: Grenada matches the world average, Guinea sits above it. Grenada's figure is dated 2010-02-01 and Guinea's 2023-01-28, so the two rates come from different data vintages.
Not covered for both countries yet: Capital Gains Tax, Crypto Tax, Wealth Tax.