Statutory corporate income tax rate in Saint Vincent and the Grenadines
Saint Vincent and the Grenadines: Statutory corporate income tax rate was 30.0% in 2018. ▼ Falling
Statutory corporate income tax rate in Saint Vincent and the Grenadines, 2000–2018
Source: OECD (2019) – processed by Our World in Data. Measured in %.
Analysis
The most recent figure for statutory corporate income tax rate in Saint Vincent and the Grenadines is 30.0%, measured in 2018. That is the lowest value across all 19 years on record.
The figure is down 7.7% on the previous year and down 14.3% over ten years.
Over the whole period, statutory corporate income tax rate in Saint Vincent and the Grenadines peaked at 40.0% in 2000 and was at its lowest, 30.0%, in 2018.
Saint Vincent and the Grenadines ranks 8th of 93 countries on this measure, in the top 10%.
The long-run direction has been consistently falling across the 19 years of available data.
Statutory corporate income tax rate in Saint Vincent and the Grenadines, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 40.0% | — |
| 2001 | 40.0% | +0.0% |
| 2002 | 40.0% | +0.0% |
| 2003 | 40.0% | +0.0% |
| 2004 | 40.0% | +0.0% |
| 2005 | 40.0% | +0.0% |
| 2006 | 40.0% | +0.0% |
| 2007 | 37.5% | -6.2% |
| 2008 | 35.0% | -6.7% |
| 2009 | 32.5% | -7.1% |
| 2010 | 32.5% | +0.0% |
| 2011 | 32.5% | +0.0% |
| 2012 | 32.5% | +0.0% |
| 2013 | 32.5% | +0.0% |
| 2014 | 32.5% | +0.0% |
| 2015 | 32.5% | +0.0% |
| 2016 | 32.5% | +0.0% |
| 2017 | 32.5% | +0.0% |
| 2018 | 30.0% | -7.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 38.5% | 32.5% | 40.0% | 10 |
| 2010s | 32.2% | 30.0% | 32.5% | 9 |
Countries ranked near Saint Vincent and the Grenadines
- 5 Brazil 34.0% compare
- 6 Monaco 33.3% compare
- 7 Portugal 31.5% compare
- 8 Angola 30.0% compare
- 8 Argentina 30.0% compare
- 8 Australia 30.0% compare
- 8 Gabon 30.0% compare
- 8 Kenya 30.0% compare
- 8 Mexico 30.0% compare
- 8 Montserrat 30.0% compare
- 8 Nigeria 30.0% compare
- 8 Senegal 30.0% compare
- 8 Seychelles 30.0% compare
More economy & growth data for Saint Vincent and the Grenadines
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.61 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.7 Percent per annum (2029)
- Agriculture, forestry, and fishing, value added (current LCU), annual 5.12 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 0.0928 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 1,166 current LCU per person (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 2.66 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 0.0258 constant 2015 US$ per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 323.93 constant 2015 US$ per person (2025)
- Agriculture, forestry, and fishing, value added (constant LCU) 2.66 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (constant LCU), per 0.0763 constant LCU per US$ of GDP (2025)
Frequently asked questions
- What is statutory corporate income tax rate in Saint Vincent and the Grenadines?
- Statutory corporate income tax rate in Saint Vincent and the Grenadines was 30.0% in 2018, according to OECD (2019) – processed by Our World in Data.
- What is the highest statutory corporate income tax rate recorded in Saint Vincent and the Grenadines?
- The highest recorded value was 40.0% in 2000.
- What is the lowest statutory corporate income tax rate recorded in Saint Vincent and the Grenadines?
- The lowest recorded value was 30.0% in 2018.
- How does Saint Vincent and the Grenadines rank for statutory corporate income tax rate?
- Saint Vincent and the Grenadines ranks 8th out of 93 countries with data for 2018.
- Is statutory corporate income tax rate rising or falling in Saint Vincent and the Grenadines?
- Over the last ten years it is down 14.3%. The long-run trend across the full record is falling.
- Where does this Saint Vincent and the Grenadines data come from?
- The figures come from OECD (2019) – processed by Our World in Data, published as part of Statutory corporate income tax rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Estimates correspond to the combined rates for central and sub-central government levels (i.e. central government corporate tax rate, less deductions for sub-national taxes, plus sub-central corporate tax rate). Figures correspond to the standard rate that is not targeted at particular industries or income types. The top marginal rate is reported if the corporate tax system is progressive.