GD · Americas ↔ SO · Africa
Grenada vs Somalia: tax rates compared
Between the two, Grenada's corporate tax rate (28%) tops Somalia's (15%) by 13pp. The 201-country average is 22.6%: Grenada sits above it, Somalia sits below it.
Verified data covers one of the six tracked tax types for both countries; every rate below is cited to its source and dated.
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Grenada | 28% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Somalia | 15% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +13 pp | Grenada higher |
Not covered for both countries yet: Income Tax, VAT, Capital Gains Tax, Crypto Tax, Wealth Tax.