Grenada vs Zambia: tax rates compared

Income Tax

Income Tax, side by side

Country	Rate	Source
Grenada	30%	Source: Grenada Ministry of Finance — All you need to know about Personal Income Tax · as of 2026-07-20
Zambia	37%	Source: PWC Worldwide Tax Summaries — Zambia (Individual, Taxes on personal income) · as of 2026-01-01
Difference	−7 pp	Zambia higher

Corporate Tax

Corporate Tax, side by side

Country	Rate	Source
Grenada	28%	Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Zambia	30%	Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference	−2 pp	Zambia higher

Zambia'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

Country	Rate	Source
Grenada	15%	Source: Grenada Ministry of Finance — VAT and the Consumer · as of 2010-02-01
Zambia	16%	Source: PWC Worldwide Tax Summaries — Zambia (Corporate, Other taxes) · as of 2026-03-20
Difference	−1 pp	Zambia higher

Zambia's VAT rate is 1pp higher than Grenada's (16% vs 15%). The 181-country average is 15%: Grenada matches the world average, Zambia sits above it. Grenada's figure is dated 2010-02-01 and Zambia's 2026-03-20, so the two rates come from different data vintages.

Capital Gains Tax

Capital Gains Tax, side by side

Country	Rate	Source
Grenada	0%	Source: Grenada Inland Revenue Division — Income Tax · as of 2026-07-19
Zambia	0%	Source: PWC Worldwide Tax Summaries — Zambia (Individual, Income determination) · as of 2026-03-20
Difference	0 pp	displayed rates match

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