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Nigeria vs Saint Vincent and the Grenadines: tax rates compared

Saint Vincent and the Grenadines's income tax rate is 3pp higher than Nigeria's (28% vs 25%). The 200-country average is 28%: Nigeria sits below it, Saint Vincent and the Grenadines matches the world average. Nigeria's figure is dated 2026-05-29 and Saint Vincent and the Grenadines's 2024-01-01, so the two rates come from different data vintages.

Verified data covers six of the six tracked tax types for both countries; every rate below is cited to its source and dated.

At a glance

0102030405060Income25%28%Corporate28%30%VAT7.5%16%Capital Gains0%25%Crypto0%25%Wealth Tax0%
six shared taxes, side by side
Tax NG VCDifference
Income Tax25%28%VC +3 pp
Corporate Tax30%28%NG +2 pp
VAT7.5%16%VC +8.5 pp
Capital Gains Tax25%0%NG +25 pplargest gap
Crypto Tax25%0%NG +25 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Nigeria25%Source: PWC Worldwide Tax Summaries — Nigeria (Individual, Taxes on personal income) · as of 2026-05-29
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−3 ppSaint Vincent and the Grenadines higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Nigeria30%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+2 ppNigeria higher

Nigeria's corporate tax rate is 2pp higher than Saint Vincent and the Grenadines's (30% vs 28%). The 201-country average is 22.6%: both sit above it.

VAT

VAT, side by side
CountryRateSource
Nigeria7.5%Source: PWC Worldwide Tax Summaries — Nigeria (Corporate, Other taxes) · as of 2026-05-29
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−8.5 ppSaint Vincent and the Grenadines higher

Saint Vincent and the Grenadines's VAT rate is 8.5pp higher than Nigeria's (16% vs 7.5%). The 181-country average is 15%: Nigeria sits below it, Saint Vincent and the Grenadines sits above it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Nigeria25%Source: PwC Worldwide Tax Summaries — Nigeria (Individual, Income determination) · as of 2026-05-29
Saint Vincent and the Grenadines0%Source: Laws of Saint Vincent and the Grenadines — Income Tax Act, Cap. 435, Section 33 (Assessable income: general) · as of 2026-07-19
Difference+25 ppNigeria higher

Nigeria's capital gains tax rate is 25pp higher than Saint Vincent and the Grenadines's (25% vs 0%). The 175-country average is 10.3%: Nigeria sits above it, Saint Vincent and the Grenadines sits below it.

Crypto Tax

Crypto Tax, side by side
CountryRateSource
Nigeria25%Source: EY Worldwide Personal Tax and Immigration Guide 2026 — Nigeria · as of 2025-10-01
Saint Vincent and the Grenadines0%Source: Laws of Saint Vincent and the Grenadines — Income Tax Act, Cap. 435, Section 33 (Assessable income: general) · as of 2026-07-19
Difference+25 ppNigeria higher

Nigeria's crypto tax rate is 25pp higher than Saint Vincent and the Grenadines's (25% vs 0%). The 88-country average is 13%: Nigeria sits above it, Saint Vincent and the Grenadines sits below it. Nigeria's figure is dated 2025-10-01 and Saint Vincent and the Grenadines's 2026-07-19, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Nigeria0%Source: PWC Worldwide Tax Summaries — Nigeria (Individual, Other taxes) · as of 2026-05-29
Saint Vincent and the Grenadines0%Source: Saint Vincent and the Grenadines Inland Revenue Department — Taxes · as of 2026-07-18
Difference0 ppdisplayed rates match

Nigeria'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.