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Grenada vs Mali: tax rates compared

Mali has an income tax rate of 37%, 7pp above Grenada's 30%. The 200-country average is 28%: both sit above it. Grenada's figure is dated 2026-07-20 and Mali's 2015-07-01, 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

0102030405060Income30%37%Corporate28%30%VAT15%18%Capital Gains0%7%
four shared taxes, side by side
Tax GD MLDifference
Income Tax30%37%ML +7 pplargest gap
Corporate Tax28%30%ML +2 pp
VAT15%18%ML +3 pp
Capital Gains Tax0%7%ML +7 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
Mali37%Source: Code Général des Impôts du Mali — Direction Générale des Impôts (Article 10) · as of 2015-07-01
Difference−7 ppMali higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Grenada28%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Mali30%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−2 ppMali higher

Mali has a corporate tax rate of 30%, 2pp above Grenada's 28%. 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
Mali18%Source: Direction Générale des Impôts du Mali — "C'est quoi la TVA" (La Taxe sur la Valeur Ajoutée N°1) · as of 2020-04-01
Difference−3 ppMali higher

Mali has a VAT rate of 18%, 3pp above Grenada's 15%. The 181-country average is 15%: Grenada matches the world average, Mali sits above it. Grenada's figure is dated 2010-02-01 and Mali's 2020-04-01, 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
Mali7%Source: Direction Générale des Impôts du Mali — Code Général des Impôts, Article 129 · as of 2017-01-01
Difference−7 ppMali higher

Mali has a capital gains tax rate of 7%, 7pp above Grenada's 0%. The 175-country average is 10.3%: both sit below it. Grenada's figure is dated 2026-07-19 and Mali's 2017-01-01, so the two rates come from different data vintages.

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