Which has higher paying taxes: profit tax, Grenada or Saint Vincent and the Grenadines?

Saint Vincent and the Grenadines, at 27.6% against 26.5% in Grenada as of 2019.

What is the difference in paying taxes: profit tax between Grenada and Saint Vincent and the Grenadines?

1.1%, with Saint Vincent and the Grenadines ahead.

How many years of comparable data are there for Grenada and Saint Vincent and the Grenadines?

15 years are reported by both, from 2005 to 2019.

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.

Grenada vs Saint Vincent and the Grenadines: Paying taxes: Profit tax

Grenada

26.5%

in 2019

Saint Vincent and the Grenadines

27.6%

in 2019

Grenada rank

22nd

Saint Vincent and the Grenadines rank

19th

Paying taxes: Profit tax over time

Grenada
Saint Vincent and the Grenadines

How they compare

Saint Vincent and the Grenadines currently reports 27.6% against 26.5% in Grenada, a difference of 1.1%.

Across all 15 years both countries report, Saint Vincent and the Grenadines has been ahead every year.

Grenada ranks 22nd and Saint Vincent and the Grenadines ranks 19th of 190 countries.

Saint Vincent and the Grenadines has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade	Grenada	Saint Vincent and the Grenadines	Difference	Ahead
2000s	27.6%	36.1%	8.5%	Saint Vincent and the Grenadines
2010s	27.2%	29.8%	2.5%	Saint Vincent and the Grenadines

Averages of every year both report within each decade.

Frequently asked questions

Which has higher paying taxes: profit tax, Grenada or Saint Vincent and the Grenadines?: Saint Vincent and the Grenadines, at 27.6% against 26.5% in Grenada as of 2019.
What is the difference in paying taxes: profit tax between Grenada and Saint Vincent and the Grenadines?: 1.1%, with Saint Vincent and the Grenadines ahead.
How many years of comparable data are there for Grenada and Saint Vincent and the Grenadines?: 15 years are reported by both, from 2005 to 2019.
How do Grenada and Saint Vincent and the Grenadines rank globally for paying taxes: profit tax?: Grenada ranks 22nd and Saint Vincent and the Grenadines ranks 19th 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.

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Grenada vs Saint Vincent and the Grenadines: Paying taxes: Profit tax. Statizoid. Retrieved 14 September 2026, from https://reference.statizoid.com/compare/paying-taxes-profit-tax-percent-of-profits/grenada/st-vincent-and-the-grenadines/

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About this data

Indicator: Paying taxes: Profit tax (% of profits)
Unit: % of profits
Source: World Bank
Licence: CC BY 4.0 (World Bank Open Data)
Coverage: 190 places, 2,789 data points, 2005–2019
Last refreshed: 07 September 2026

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.