Australia vs Grenada: Paying taxes: Profit tax
Australia
26.1%
in 2019
Grenada
26.5%
in 2019
Australia rank
24th
Grenada rank
22nd
Paying taxes: Profit tax over time
- Australia
- Grenada
How they compare
Grenada currently reports 26.5% against 26.1% in Australia, a difference of 0.4%.
Across all 15 years both countries report, Grenada has been ahead every year.
Australia ranks 24th and Grenada ranks 22nd of 190 countries.
Grenada has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Australia | Grenada | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 26.7% | 27.6% | 0.9% | Grenada |
| 2010s | 26.1% | 27.2% | 1.2% | Grenada |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher paying taxes: profit tax, Australia or Grenada?
- Grenada, at 26.5% against 26.1% in Australia as of 2019.
- What is the difference in paying taxes: profit tax between Australia and Grenada?
- 0.4%, with Grenada ahead.
- How many years of comparable data are there for Australia and Grenada?
- 15 years are reported by both, from 2005 to 2019.
- How do Australia and Grenada rank globally for paying taxes: profit tax?
- Australia ranks 24th and Grenada ranks 22nd of 190 countries.
- Where does this data come from?
- The World Bank, published as Paying taxes: Profit tax (% of profits). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The profit tax measures the amount of income taxes borne by the business in the second year of operation, expressed as a share of commercial pro?t.