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Grenada vs Nigeria: tax rates compared
Grenada's income tax rate is 5pp higher than Nigeria's (30% vs 25%). The 200-country average is 28%: Grenada sits above it, Nigeria sits below it.
Verified data covers five of the six tracked tax types for both countries; every rate below is cited to its source and dated.
At a glance
| Tax | GD | NG | Difference |
|---|---|---|---|
| Income Tax | 30% | 25% | GD +5 pp |
| Corporate Tax | 28% | 30% | NG +2 pp |
| VAT | 15% | 7.5% | GD +7.5 pp |
| Capital Gains Tax | 0% | 25% | NG +25 pplargest gap |
| Crypto Tax | 0% | 25% | NG +25 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 |
| Nigeria | 25% | Source: PWC Worldwide Tax Summaries — Nigeria (Individual, Taxes on personal income) · as of 2026-05-29 |
| Difference | +5 pp | Grenada higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Grenada | 28% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Nigeria | 30% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −2 pp | Nigeria higher |
Nigeria's corporate tax rate is 2pp higher than Grenada's (30% vs 28%). 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 |
| Nigeria | 7.5% | Source: PWC Worldwide Tax Summaries — Nigeria (Corporate, Other taxes) · as of 2026-05-29 |
| Difference | +7.5 pp | Grenada higher |
Grenada's VAT rate is 7.5pp higher than Nigeria's (15% vs 7.5%). The 181-country average is 15%: Grenada matches the world average, Nigeria sits below it. Grenada's figure is dated 2010-02-01 and Nigeria's 2026-05-29, so the two rates come from different data vintages.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Grenada | 0% | Source: Grenada Inland Revenue Division — Income Tax · as of 2026-07-19 |
| Nigeria | 25% | Source: PwC Worldwide Tax Summaries — Nigeria (Individual, Income determination) · as of 2026-05-29 |
| Difference | −25 pp | Nigeria higher |
Nigeria's capital gains tax rate is 25pp higher than Grenada's (25% vs 0%). The 175-country average is 10.3%: Grenada sits below it, Nigeria sits above it.
Crypto Tax
| Country | Rate | Source |
|---|---|---|
| Grenada | 0% | Source: Grenada Inland Revenue Division — Income Tax · as of 2026-07-19 |
| Nigeria | 25% | Source: EY Worldwide Personal Tax and Immigration Guide 2026 — Nigeria · as of 2025-10-01 |
| Difference | −25 pp | Nigeria higher |
Nigeria's crypto tax rate is 25pp higher than Grenada's (25% vs 0%). The 88-country average is 13%: Grenada sits below it, Nigeria sits above it. Grenada's figure is dated 2026-07-19 and Nigeria's 2025-10-01, so the two rates come from different data vintages.
Not covered for both countries yet: Wealth Tax.