GD · AmericasZW · Africa
Grenada vs Zimbabwe: tax rates compared
Zimbabwe's income tax rate is 10pp higher than Grenada's (40% vs 30%). The 200-country average is 28%: both sit above it. Grenada's figure is dated 2026-07-20 and Zimbabwe's 2025-01-01, so the two rates come from different data vintages.
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
| Tax | GD | ZW | Difference |
|---|---|---|---|
| Income Tax | 30% | 40% | ZW +10 pplargest gap |
| Corporate Tax | 28% | 25.8% | GD +2.2 pp |
| VAT | 15% | 15.5% | ZW +0.5 pp |
| Capital Gains Tax | 0% | 1% | ZW +1 pp |
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 |
| Zimbabwe | 40% | Source: Zimbabwe Revenue Authority (ZIMRA) — PAYE Foreign Currency (USD) Tax Tables, January-December 2025 · as of 2025-01-01 |
| Difference | −10 pp | Zimbabwe higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Grenada | 28% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Zimbabwe | 25.8% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +2.2 pp | Grenada higher |
Grenada's corporate tax rate is 2.2pp higher than Zimbabwe's (28% vs 25.8%). 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 |
| Zimbabwe | 15.5% | Source: EY Worldwide VAT, GST and Sales Tax Guide 2026 — Zimbabwe · as of 2026-01-01 |
| Difference | −0.5 pp | Zimbabwe higher |
Zimbabwe's VAT rate is 0.5pp higher than Grenada's (15.5% vs 15%). The 181-country average is 15%: Grenada matches the world average, Zimbabwe sits above it. Grenada's figure is dated 2010-02-01 and Zimbabwe'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 |
| Zimbabwe | 1% | Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 — Zimbabwe · as of 2025-01-01 |
| Difference | −1 pp | Zimbabwe higher |
Zimbabwe's capital gains tax rate is 1pp higher than Grenada's (1% vs 0%). The 175-country average is 10.3%: both sit below it. Grenada's figure is dated 2026-07-19 and Zimbabwe's 2025-01-01, so the two rates come from different data vintages.
Not covered for both countries yet: Crypto Tax, Wealth Tax.