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Kiribati vs Saint Vincent and the Grenadines: tax rates compared

Kiribati's income tax rate is 2pp higher than Saint Vincent and the Grenadines's (30% vs 28%). The 200-country average is 28%: Kiribati sits above it, Saint Vincent and the Grenadines matches the world average. Kiribati's figure is dated 2014-01-01 and Saint Vincent and the Grenadines's 2024-01-01, 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

0102030405060Income28%30%Corporate28%35%VAT12.5%16%Wealth Tax0%
four shared taxes, side by side
Tax KI VCDifference
Income Tax30%28%KI +2 pp
Corporate Tax35%28%KI +7 pplargest gap
VAT12.5%16%VC +3.5 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Kiribati30%Source: Kiribati Tax Division, Ministry of Finance and Economic Development — Tax Obligation Pamphlet (January 2026) · as of 2014-01-01
Saint Vincent and the Grenadines28%Source: Saint Vincent and the Grenadines Inland Revenue Department — PAYE Tax Tables (Code 245) · as of 2024-01-01
Difference+2 ppKiribati higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Kiribati35%Source: Kiribati Tax Division, Ministry of Finance and Economic Development — Tax Obligation Pamphlet (January 2026) · as of 2001-01-01
Saint Vincent and the Grenadines28%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+7 ppKiribati higher

Kiribati's corporate tax rate is 7pp higher than Saint Vincent and the Grenadines's (35% vs 28%). The 201-country average is 22.6%: both sit above it. Kiribati's figure is dated 2001-01-01 and Saint Vincent and the Grenadines's 2025-01-01, so the two rates come from different data vintages.

VAT

VAT, side by side
CountryRateSource
Kiribati12.5%Source: Kiribati Tax Division, Ministry of Finance and Economic Development — Guidelines and Obligations of VAT Registered Businesses · as of 2024-05-31
Saint Vincent and the Grenadines16%Source: EY Worldwide VAT, GST and Sales Tax Guide 2026 — Saint Vincent and the Grenadines · as of 2026-01-01
Difference−3.5 ppSaint Vincent and the Grenadines higher

Saint Vincent and the Grenadines's VAT rate is 3.5pp higher than Kiribati's (16% vs 12.5%). The 181-country average is 15%: Kiribati sits below it, Saint Vincent and the Grenadines sits above it. Kiribati's figure is dated 2024-05-31 and Saint Vincent and the Grenadines's 2026-01-01, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Kiribati0%Source: Kiribati Ministry of Finance and Economic Development — Taxation · as of 2026-07-18
Saint Vincent and the Grenadines0%Source: Saint Vincent and the Grenadines Inland Revenue Department — Taxes · as of 2026-07-18
Difference0 ppdisplayed rates match

Kiribati's wealth tax rate is identical to Saint Vincent and the Grenadines's — both sit at 0%. The 193-country average is 0.1%: both sit below it.

Not covered for both countries yet: Capital Gains Tax, Crypto Tax.