Tax revenues vs income inequality in Grenada

Grenada: Tax revenues vs income inequality was 23.71 in 2023. ▲ Rising

Latest (2023)
23.71
Change on year
up 10.3%
World rank
64th
of 183 countries
All-time high
23.71
in 2023
All-time low
15.65
in 1986
Years of data
37
1982–2023

Tax revenues vs income inequality in Grenada, 1982–2023

05101520251982200220231982: 19.41983: 19.81984: 19.61985: 20.11986: 15.71992: 17.31993: 18.61994: 17.61995: 18.21996: 18.31997: 17.71998: 171999: 17.82000: 18.92001: 18.12002: 182003: 18.72004: 17.32005: 18.32006: 19.12007: 19.72008: 19.52009: 18.22010: 18.72011: 19.22012: 18.72013: 18.42014: 18.22015: 192016: 212017: 21.52018: 22.32019: 21.92020: 22.12021: 20.62022: 21.52023: 23.7

Source: Our World in Data.

Analysis

In 2023, tax revenues vs income inequality in Grenada stood at 23.71. That is the highest value across all 37 years on record.

The figure is up 10.3% on the previous year and up 28.8% over ten years.

Over the whole period, tax revenues vs income inequality in Grenada peaked at 23.71 in 2023 and was at its lowest, 15.65, in 1986.

That places Grenada 64th out of 183 countries with data for 2023, putting it in the middle of the range.

The long-run direction has been consistently rising across the 37 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1980s 18.92 15.65 20.13 5
1990s 17.8 16.96 18.56 8
2000s 18.57 17.27 19.67 10
2010s 19.89 18.21 22.32 10
2020s 21.99 20.63 23.71 4

Countries ranked near Grenada

  1. 61 Costa Rica 24.93 compare
  2. 62 United States 24.85 compare
  3. 63 Georgia 24.59 compare
  4. 65 Maldives 23.61 compare
  5. 66 Turkey 23.22 compare
  6. 67 Armenia 23 compare

See the full ranking of 187 places →

More poverty & inequality data for Grenada

All data for Grenada →

Frequently asked questions

What is tax revenues vs income inequality in Grenada?
Tax revenues vs income inequality in Grenada was 23.71 in 2023, according to Our World in Data.
What is the highest tax revenues vs income inequality recorded in Grenada?
The highest recorded value was 23.71 in 2023.
What is the lowest tax revenues vs income inequality recorded in Grenada?
The lowest recorded value was 15.65 in 1986.
How does Grenada rank for tax revenues vs income inequality?
Grenada ranks 64th out of 183 countries with data for 2023.
Is tax revenues vs income inequality rising or falling in Grenada?
Over the last ten years it is up 28.8%. The long-run trend across the full record is rising.
Where does this Grenada data come from?
The figures come from Our World in Data, published as part of Tax revenues vs income inequality. Statizoid updates them automatically from the source API.

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About this data

Indicator
Tax revenues vs income inequality
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
187 places, 6,284 data points, 1980–2023
Last refreshed