Revenue from corporate income taxes as a share of GDP in Grenada
Grenada: Revenue from corporate income taxes as a share of GDP was 1.8% in 2014. ▼ Falling
Revenue from corporate income taxes as a share of GDP in Grenada, 1992–2014
Source: International Centre for Tax and Development and UNU-WIDER (2019) – processed by Our World in Data. Measured in %.
Analysis
Grenada recorded 1.8% for revenue from corporate income taxes as a share of gdp in 2014.
The figure is up 11.7% on the previous year and down 4.4% over ten years.
Over the whole period, revenue from corporate income taxes as a share of gdp in Grenada peaked at 3.3% in 2001 and was at its lowest, 1.6%, in 2013.
That places Grenada 121st out of 163 countries with data for 2014, putting it in the middle of the range.
The long-run direction has been consistently falling across the 23 years of available data.
Revenue from corporate income taxes as a share of GDP in Grenada, year by year
| Year | % | Change |
|---|---|---|
| 1992 | 2.8% | — |
| 1993 | 2.9% | +2.1% |
| 1994 | 2.5% | -14.7% |
| 1995 | 2.5% | +2.6% |
| 1996 | 2.4% | -2.7% |
| 1997 | 1.6% | -33.8% |
| 1998 | 1.7% | +4.0% |
| 1999 | 2.5% | +46.1% |
| 2000 | 3.2% | +28.0% |
| 2001 | 3.3% | +5.0% |
| 2002 | 2.2% | -32.6% |
| 2003 | 2.2% | -0.1% |
| 2004 | 1.9% | -16.0% |
| 2005 | 2.3% | +20.5% |
| 2006 | 1.7% | -25.8% |
| 2007 | 2.2% | +33.6% |
| 2008 | 3.2% | +42.7% |
| 2009 | 2.8% | -11.2% |
| 2010 | 2.3% | -17.4% |
| 2011 | 2.3% | -1.2% |
| 2012 | 2.2% | -4.8% |
| 2013 | 1.6% | -27.2% |
| 2014 | 1.8% | +11.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.4% | 1.6% | 2.9% | 8 |
| 2000s | 2.5% | 1.7% | 3.3% | 10 |
| 2010s | 2.0% | 1.6% | 2.3% | 5 |
Countries ranked near Grenada
- 118 United States of America 1.9% compare
- 119 Hungary 1.9% compare
- 120 North Macedonia 1.8% compare
- 122 Slovenia 1.8% compare
- 123 Bosnia and Herzegovina 1.8% compare
- 124 Antigua and Barbuda 1.8% compare
More economy & growth data for Grenada
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.29 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.71 Percent per annum (2029)
- Agriculture, forestry, and fishing, value added (current LCU), annual -0.9003 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 0.0686 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 830.2 current LCU per person (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 4.5 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 0.0246 constant 2015 US$ per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 297.64 constant 2015 US$ per person (2025)
- Agriculture, forestry, and fishing, value added (constant LCU) 4.5 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (constant LCU), per 0.0587 constant LCU per US$ of GDP (2025)
Frequently asked questions
- What is revenue from corporate income taxes as a share of gdp in Grenada?
- Revenue from corporate income taxes as a share of gdp in Grenada was 1.8% in 2014, according to International Centre for Tax and Development and UNU-WIDER (2019) – processed by Our World in Data.
- What is the highest revenue from corporate income taxes as a share of gdp recorded in Grenada?
- The highest recorded value was 3.3% in 2001.
- What is the lowest revenue from corporate income taxes as a share of gdp recorded in Grenada?
- The lowest recorded value was 1.6% in 2013.
- How does Grenada rank for revenue from corporate income taxes as a share of gdp?
- Grenada ranks 121st out of 163 countries with data for 2014.
- Is revenue from corporate income taxes as a share of gdp rising or falling in Grenada?
- Over the last ten years it is down 4.4%. The long-run trend across the full record is falling.
- Where does this Grenada data come from?
- The figures come from International Centre for Tax and Development and UNU-WIDER (2019) – processed by Our World in Data, published as part of Revenue from corporate income taxes as a share of GDP. Statizoid updates them automatically from the source API.
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About this data
Corporate income taxes include natural resources taxes.