GD · AmericasSK · Europe

Grenada vs Slovakia: tax rates compared

Grenada's income tax rate is 5pp higher than Slovakia's (30% vs 25%). The 200-country average is 28%: Grenada sits above it, Slovakia sits below it. Grenada's figure is dated 2026-07-20 and Slovakia's 2025-01-01, 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

0102030405060Income25%30%Corporate24%28%VAT15%23%Capital Gains0%Crypto0%35%
five shared taxes, side by side
Tax GD SKDifference
Income Tax30%25%GD +5 pp
Corporate Tax28%24%GD +4 pp
VAT15%23%SK +8 pp
Capital Gains Tax0%0%match
Crypto Tax0%35%SK +35 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
Slovakia25%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Difference+5 ppGrenada higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Grenada28%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Slovakia24%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+4 ppGrenada higher

Grenada's corporate tax rate is 4pp higher than Slovakia's (28% vs 24%). 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
Slovakia23%Source: Finančná správa Slovenskej republiky — Sadzby dane (VAT rates) · as of 2025-01-01
Difference−8 ppSlovakia higher

Slovakia's VAT rate is 8pp higher than Grenada's (23% vs 15%). The 181-country average is 15%: Grenada matches the world average, Slovakia sits above it. Grenada's figure is dated 2010-02-01 and Slovakia's 2025-01-01, 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
Slovakia0%Source: PWC Worldwide Tax Summaries — Slovak Republic (Individual, Income determination) · as of 2026-01-20
Difference0 ppdisplayed rates match

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

Crypto Tax

Crypto Tax, side by side
CountryRateSource
Grenada0%Source: Grenada Inland Revenue Division — Income Tax · as of 2026-07-19
Slovakia35%Source: Slov-Lex — Zákon č. 595/2003 Z. z. o dani z príjmov (znenie účinné od 1.1.2026), §2, §4, §8, §9 a §15 · as of 2026-01-01
Difference−35 ppSlovakia higher

Slovakia's crypto tax rate is 35pp higher than Grenada's (35% vs 0%). The 88-country average is 13%: Grenada sits below it, Slovakia sits above it.

Not covered for both countries yet: Wealth Tax.