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Grenada vs Rwanda: tax rates compared

Grenada's income tax rate is identical to Rwanda's — both sit at 30%. The 200-country average is 28%: both sit above it.

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%Corporate28%VAT15%18%Capital Gains0%
four shared taxes, side by side
Tax GD RWDifference
Income Tax30%30%match
Corporate Tax28%28%match
VAT15%18%RW +3 pplargest gap
Capital Gains Tax0%0%match

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
Rwanda30%Source: Rwanda Revenue Authority — Calculate PAYE · as of 2026-07-20
Difference0 ppdisplayed rates match

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Grenada28%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Rwanda28%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference0 ppdisplayed rates match

Grenada's corporate tax rate is identical to Rwanda's — both sit at 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
Rwanda18%Source: PWC Worldwide Tax Summaries — Rwanda (Corporate, Other taxes) · as of 2026-02-18
Difference−3 ppRwanda higher

Rwanda's VAT rate is 3pp higher than Grenada's (18% vs 15%). The 181-country average is 15%: Grenada matches the world average, Rwanda sits above it. Grenada's figure is dated 2010-02-01 and Rwanda's 2026-02-18, 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
Rwanda0%Source: PWC Worldwide Tax Summaries — Rwanda (Individual, Other taxes) · as of 2026-02-18
Difference0 ppdisplayed rates match

Grenada's capital gains tax rate is identical to Rwanda's — both sit at 0%. The 175-country average is 10.3%: both sit below it.

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