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Nauru vs Saint Vincent and the Grenadines: tax rates compared

Saint Vincent and the Grenadines has an income tax rate of 28%, 8pp above Nauru's 20%. The 200-country average is 28%: Nauru sits below it, Saint Vincent and the Grenadines matches the world average. Nauru's figure is dated 2023-07-01 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

0102030405060Income20%28%Corporate25%28%VAT0%16%Wealth Tax0%
four shared taxes, side by side
Tax NR VCDifference
Income Tax20%28%VC +8 pp
Corporate Tax25%28%VC +3 pp
VAT0%16%VC +16 pplargest gap
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Nauru20%Source: Nauru Revenue Office, Ministry of Finance — Tax Rates (1 July 2023 - 30 June 2024) · as of 2023-07-01
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−8 ppSaint Vincent and the Grenadines higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Nauru25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Saint Vincent and the Grenadines28%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−3 ppSaint Vincent and the Grenadines higher

Saint Vincent and the Grenadines has a corporate tax rate of 28%, 3pp above Nauru's 25%. The 201-country average is 22.6%: both sit above it.

VAT

VAT, side by side
CountryRateSource
Nauru0%Source: Department of Finance, Republic of Nauru — NRO administered legislation · as of 2026-07-19
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−16 ppSaint Vincent and the Grenadines higher

Saint Vincent and the Grenadines has a VAT rate of 16%, 16pp above Nauru's 0%. The 181-country average is 15%: Nauru sits below it, Saint Vincent and the Grenadines sits above it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Nauru0%Source: Department of Finance, Republic of Nauru — NRO administered legislation · 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

Nauru and Saint Vincent and the Grenadines share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it.

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