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Grenada vs Senegal: tax rates compared

Senegal's income tax rate is 13pp higher than Grenada's (43% vs 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%43%Corporate28%30%VAT15%18%Capital Gains0%43%
four shared taxes, side by side
Tax GD SNDifference
Income Tax30%43%SN +13 pp
Corporate Tax28%30%SN +2 pp
VAT15%18%SN +3 pp
Capital Gains Tax0%43%SN +43 pplargest gap

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
Senegal43%Source: PWC Worldwide Tax Summaries — Senegal (Individual, Taxes on personal income) · as of 2026-03-31
Difference−13 ppSenegal higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Grenada28%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Senegal30%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−2 ppSenegal higher

Senegal'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

VAT, side by side
CountryRateSource
Grenada15%Source: Grenada Ministry of Finance — VAT and the Consumer · as of 2010-02-01
Senegal18%Source: PWC Worldwide Tax Summaries — Senegal (Corporate, Other taxes) · as of 2026-03-31
Difference−3 ppSenegal higher

Senegal's VAT rate is 3pp higher than Grenada's (18% vs 15%). The 181-country average is 15%: Grenada matches the world average, Senegal sits above it. Grenada's figure is dated 2010-02-01 and Senegal's 2026-03-31, 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
Senegal43%Source: PWC Worldwide Tax Summaries — Senegal (Individual, Taxes on personal income) · as of 2026-03-31
Difference−43 ppSenegal higher

Senegal's capital gains tax rate is 43pp higher than Grenada's (43% vs 0%). The 175-country average is 10.3%: Grenada sits below it, Senegal sits above it.

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