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Grenada vs Saint Vincent and the Grenadines: tax rates compared
Between the two, Grenada's income tax rate (30%) tops Saint Vincent and the Grenadines's (28%) by 2pp. The 200-country average is 28%: Grenada sits above it, Saint Vincent and the Grenadines matches the world average. Grenada's figure is dated 2026-07-20 and Saint Vincent and the Grenadines's 2024-01-01, so the two rates come from different data vintages.
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 | VC | Difference |
|---|---|---|---|
| Income Tax | 30% | 28% | GD +2 pplargest gap |
| Corporate Tax | 28% | 28% | match |
| VAT | 15% | 16% | VC +1 pp |
| Capital Gains Tax | 0% | 0% | match |
| Crypto Tax | 0% | 0% | match |
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 |
| Saint Vincent and the Grenadines | 28% | Source: Saint Vincent and the Grenadines Inland Revenue Department — PAYE Tax Tables (Code 245) · as of 2024-01-01 |
| Difference | +2 pp | Grenada higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Grenada | 28% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Saint Vincent and the Grenadines | 28% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | 0 pp | displayed rates match |
There's no gap here — Grenada and Saint Vincent and the Grenadines both post a corporate tax rate of 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 |
| Saint Vincent and the Grenadines | 16% | Source: EY Worldwide VAT, GST and Sales Tax Guide 2026 — Saint Vincent and the Grenadines · as of 2026-01-01 |
| Difference | −1 pp | Saint Vincent and the Grenadines higher |
Between the two, Saint Vincent and the Grenadines's VAT rate (16%) tops Grenada's (15%) by 1pp. The 181-country average is 15%: Grenada matches the world average, Saint Vincent and the Grenadines sits above it. Grenada's figure is dated 2010-02-01 and Saint Vincent and the Grenadines's 2026-01-01, 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 |
| Saint Vincent and the Grenadines | 0% | Source: Laws of Saint Vincent and the Grenadines — Income Tax Act, Cap. 435, Section 33 (Assessable income: general) · as of 2026-07-19 |
| Difference | 0 pp | displayed rates match |
There's no gap here — Grenada and Saint Vincent and the Grenadines both post a capital gains tax rate of 0%. The 175-country average is 10.3%: both sit below it.
Crypto Tax
| Country | Rate | Source |
|---|---|---|
| Grenada | 0% | Source: Grenada Inland Revenue Division — Income Tax · as of 2026-07-19 |
| Saint Vincent and the Grenadines | 0% | Source: Laws of Saint Vincent and the Grenadines — Income Tax Act, Cap. 435, Section 33 (Assessable income: general) · as of 2026-07-19 |
| Difference | 0 pp | displayed rates match |
There's no gap here — Grenada and Saint Vincent and the Grenadines both post a crypto tax rate of 0%. The 88-country average is 13%: both sit below it.
Not covered for both countries yet: Wealth Tax.