GD · AmericasMH · Oceania
Grenada vs Marshall Islands: tax rates compared
Grenada's income tax rate is 18pp higher than Marshall Islands's (30% vs 12%). The 200-country average is 28%: Grenada sits above it, Marshall Islands sits below it. Grenada's figure is dated 2026-07-20 and Marshall Islands's 2018-05-21, so the two rates come from different data vintages.
Verified data covers one of the six tracked tax types for both countries; every rate below is cited to its source and dated.
At a glance
| Tax | GD | MH | Difference |
|---|---|---|---|
| Income Tax | 30% | 12% | GD +18 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 |
| Marshall Islands | 12% | Source: Nitijela (Parliament) of the Republic of the Marshall Islands — Title 48 MIRC, Chapter 1, Income Tax Act 1989, Section 103 (Tax on Wages and Salaries) · as of 2018-05-21 |
| Difference | +18 pp | Grenada higher |
Not covered for both countries yet: Corporate Tax, VAT, Capital Gains Tax, Crypto Tax, Wealth Tax.