Paying taxes: Profit tax in Grenada
Grenada: Paying taxes: Profit tax was 26.5% in 2019. ▬ Flat
Latest (2019)
26.5%
Change on year
unchanged
World rank
22nd
of 190 countries
All-time high
27.6%
in 2005
All-time low
26.3%
in 2017
Years of data
15
2005–2019
Paying taxes: Profit tax in Grenada, 2005–2019
Source: World Bank. Measured in % of profits.
Analysis
In 2019, paying taxes: profit tax in Grenada stood at 26.5%.
Compared with earlier readings it is down 4.0% over ten years.
Over the whole period, paying taxes: profit tax in Grenada peaked at 27.6% in 2005 and was at its lowest, 26.3%, in 2017.
Grenada ranks 22nd of 190 countries on this measure, in the top quarter.
Paying taxes: Profit tax in Grenada, year by year
| Year | % of profits | Change |
|---|---|---|
| 2005 | 27.6% | — |
| 2006 | 27.6% | +0.0% |
| 2007 | 27.6% | +0.0% |
| 2008 | 27.6% | +0.0% |
| 2009 | 27.6% | +0.0% |
| 2010 | 27.6% | +0.0% |
| 2011 | 27.6% | +0.0% |
| 2012 | 27.6% | +0.0% |
| 2013 | 27.6% | +0.0% |
| 2014 | 27.6% | +0.0% |
| 2015 | 27.6% | +0.0% |
| 2016 | 27.6% | +0.0% |
| 2017 | 26.3% | -4.7% |
| 2018 | 26.5% | +0.8% |
| 2019 | 26.5% | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 27.6% | 27.6% | 27.6% | 5 |
| 2010s | 27.2% | 26.3% | 27.6% | 10 |
Countries ranked near Grenada
- 19 Saint Vincent and the Grenadines 27.6% compare
- 20 Mexico 27.0% compare
- 21 Myanmar 26.8% compare
- 23 Chile 26.2% compare
- 24 Australia 26.1% compare
- 25 Saint Lucia 25.8% compare
- 25 Trinidad and Tobago 25.8% compare
More reference data data for Grenada
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0023 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0047 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.007 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.007 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.0076 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.0034 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.0219 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0.0331 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.0001 (2050)
Frequently asked questions
- What is paying taxes: profit tax in Grenada?
- Paying taxes: profit tax in Grenada was 26.5% in 2019, according to the World Bank.
- What is the highest paying taxes: profit tax recorded in Grenada?
- The highest recorded value was 27.6% in 2005.
- What is the lowest paying taxes: profit tax recorded in Grenada?
- The lowest recorded value was 26.3% in 2017.
- How does Grenada rank for paying taxes: profit tax?
- Grenada ranks 22nd out of 190 countries with data for 2019.
- Is paying taxes: profit tax rising or falling in Grenada?
- Over the last ten years it is down 4.0%. The long-run trend across the full record is flat.
- Where does this Grenada data come from?
- The figures come from the World Bank, published as part of Paying taxes: Profit tax (% of profits). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 15 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.