Grenada vs Saint Lucia: Paying taxes: Profit tax
Grenada
26.5%
in 2019
Saint Lucia
25.8%
in 2019
Grenada rank
22nd
Saint Lucia rank
25th
Paying taxes: Profit tax over time
- Grenada
- Saint Lucia
How they compare
Grenada currently reports 26.5% against 25.8% in Saint Lucia, a difference of 0.7%.
Across all 15 years both countries report, Grenada has been ahead every year.
Grenada ranks 22nd and Saint Lucia ranks 25th of 190 countries.
Grenada has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Grenada | Saint Lucia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 27.6% | 25.9% | 1.7% | Grenada |
| 2010s | 27.2% | 25.8% | 1.5% | Grenada |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher paying taxes: profit tax, Grenada or Saint Lucia?
- Grenada, at 26.5% against 25.8% in Saint Lucia as of 2019.
- What is the difference in paying taxes: profit tax between Grenada and Saint Lucia?
- 0.7%, with Grenada ahead.
- How many years of comparable data are there for Grenada and Saint Lucia?
- 15 years are reported by both, from 2005 to 2019.
- How do Grenada and Saint Lucia rank globally for paying taxes: profit tax?
- Grenada ranks 22nd and Saint Lucia ranks 25th 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.