GD · AmericasMK · Europe

Grenada vs North Macedonia: tax rates compared

Between the two, Grenada's income tax rate (30%) tops North Macedonia's (10%) by 20pp. The 200-country average is 28%: Grenada sits above it, North Macedonia sits below it. Grenada's figure is dated 2026-07-20 and North Macedonia's 2023-01-01, 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

0102030405060Income10%30%Corporate10%28%VAT15%18%Capital Gains0%10%
four shared taxes, side by side
Tax GD MKDifference
Income Tax30%10%GD +20 pplargest gap
Corporate Tax28%10%GD +18 pp
VAT15%18%MK +3 pp
Capital Gains Tax0%10%MK +10 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
North Macedonia10%Source: PWC Worldwide Tax Summaries — North Macedonia (Individual, Taxes on personal income) · as of 2023-01-01
Difference+20 ppGrenada higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Grenada28%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
North Macedonia10%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+18 ppGrenada higher

Between the two, Grenada's corporate tax rate (28%) tops North Macedonia's (10%) by 18pp. The 201-country average is 22.6%: Grenada sits above it, North Macedonia sits below it.

VAT

VAT, side by side
CountryRateSource
Grenada15%Source: Grenada Ministry of Finance — VAT and the Consumer · as of 2010-02-01
North Macedonia18%Source: PWC Worldwide Tax Summaries — North Macedonia (Corporate, Other taxes) · as of 2026-07-23
Difference−3 ppNorth Macedonia higher

Between the two, North Macedonia's VAT rate (18%) tops Grenada's (15%) by 3pp. The 181-country average is 15%: Grenada matches the world average, North Macedonia sits above it. Grenada's figure is dated 2010-02-01 and North Macedonia's 2026-07-23, 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
North Macedonia10%Source: PwC Worldwide Tax Summaries — North Macedonia (Individual, Taxes on personal income) · as of 2026-02-08
Difference−10 ppNorth Macedonia higher

Between the two, North Macedonia's capital gains tax rate (10%) tops Grenada's (0%) by 10pp. The 175-country average is 10.3%: both sit below it.

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