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Grenada vs Guinea-Bissau: tax rates compared
Grenada has an income tax rate of 30%, 10pp above Guinea-Bissau's 20%. The 200-country average is 28%: Grenada sits above it, Guinea-Bissau sits below it. Grenada's figure is dated 2026-07-20 and Guinea-Bissau's 2021-01-31, 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 | GW | Difference |
|---|---|---|---|
| Income Tax | 30% | 20% | GD +10 pplargest gap |
| Corporate Tax | 28% | 25% | GD +3 pp |
| VAT | 15% | 19% | GW +4 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-Bissau | 20% | Source: Ministério das Finanças (Guiné-Bissau) — Código do Imposto Profissional, Artigo 27º (Redação atribuída pelo artigo 10º da Lei nº 1/2021), via Kontaktu legislation portal · as of 2021-01-31 |
| 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-Bissau | 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-Bissau'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-Bissau | 19% | Source: Ministério das Finanças (Guiné-Bissau) — Lei nº 4/2022 (Código do IVA), via Kontaktu legislation portal · as of 2022-02-25 |
| Difference | −4 pp | Guinea-Bissau higher |
Guinea-Bissau has a VAT rate of 19%, 4pp above Grenada's 15%. The 181-country average is 15%: Grenada matches the world average, Guinea-Bissau sits above it. Grenada's figure is dated 2010-02-01 and Guinea-Bissau's 2022-02-25, so the two rates come from different data vintages.
Not covered for both countries yet: Capital Gains Tax, Crypto Tax, Wealth Tax.