Tax revenue as share of GDP vs. income inequality in Grenada
Grenada: Tax revenue as share of GDP vs. income inequality was 23.7% in 2023. ▲ Rising
Tax revenue as share of GDP vs. income inequality in Grenada, 1982–2023
Source: UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data. Measured in % of GDP.
Analysis
In 2023, tax revenue as share of gdp vs. income inequality in Grenada stood at 23.7%. 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 revenue as share of gdp vs. income inequality in Grenada peaked at 23.7% in 2023 and was at its lowest, 15.7%, in 1986.
That places Grenada 67th out of 187 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.
Tax revenue as share of GDP vs. income inequality in Grenada, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1982 | 19.4% | — |
| 1983 | 19.8% | +1.9% |
| 1984 | 19.6% | -0.7% |
| 1985 | 20.1% | +2.5% |
| 1986 | 15.7% | -22.3% |
| 1992 | 17.3% | +10.5% |
| 1993 | 18.6% | +7.3% |
| 1994 | 17.6% | -5.5% |
| 1995 | 18.2% | +3.8% |
| 1996 | 18.3% | +0.4% |
| 1997 | 17.7% | -3.5% |
| 1998 | 17.0% | -3.9% |
| 1999 | 17.8% | +5.1% |
| 2000 | 18.9% | +5.9% |
| 2001 | 18.1% | -4.1% |
| 2002 | 18.0% | -0.7% |
| 2003 | 18.7% | +3.9% |
| 2004 | 17.3% | -7.6% |
| 2005 | 18.3% | +6.0% |
| 2006 | 19.1% | +4.2% |
| 2007 | 19.7% | +3.1% |
| 2008 | 19.5% | -1.1% |
| 2009 | 18.2% | -6.2% |
| 2010 | 18.7% | +2.6% |
| 2011 | 19.2% | +2.4% |
| 2012 | 18.7% | -2.6% |
| 2013 | 18.4% | -1.3% |
| 2014 | 18.2% | -1.1% |
| 2015 | 19.0% | +4.4% |
| 2016 | 21.0% | +10.2% |
| 2017 | 21.5% | +2.4% |
| 2018 | 22.3% | +4.0% |
| 2019 | 21.9% | -1.7% |
| 2020 | 22.1% | +0.8% |
| 2021 | 20.6% | -6.7% |
| 2022 | 21.5% | +4.2% |
| 2023 | 23.7% | +10.3% |
Grenada compared with similar countries
- Grenada's 23.7% is above the median for upper middle income countries, which is 21.9%, 1.1× the median. (54 countries reporting)
- Grenada's 23.7% is above the median for Latin America & Caribbean, which is 19.6%, 1.2× the median. (34 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 18.9% | 15.7% | 20.1% | 5 |
| 1990s | 17.8% | 17.0% | 18.6% | 8 |
| 2000s | 18.6% | 17.3% | 19.7% | 10 |
| 2010s | 19.9% | 18.2% | 22.3% | 10 |
| 2020s | 22.0% | 20.6% | 23.7% | 4 |
Countries ranked near Grenada
More poverty & inequality data for Grenada
- Number of income/consumption surveys in the past decade available via the World Bank 1 surveys (2025)
- Number of income/consumption surveys in the past decade available via 0 surveys per person (2025)
- Number of income/consumption surveys in the past decade available via 0 surveys per US$ of GDP (2025)
- Fertility rate vs. share living in extreme poverty 1.49 live births per woman (2023)
- Cereal yield vs. share in extreme poverty 996.6 kg per hectare (2024)
- Cereal yield vs extreme poverty, per unit of GDP 0 units per US$ of GDP (2024)
- Cereal yield vs extreme poverty, annual growth rate -0.2203 % change on previous year (2024)
- Tax revenues vs income inequality, gaps filled 23.71 (2023)
- Tax revenues vs income inequality, per unit of GDP 0 units per US$ of GDP (2023)
- Tax revenues vs income inequality, annual growth rate 10.29 % change on previous year (2023)
Frequently asked questions
- What is tax revenue as share of gdp vs. income inequality in Grenada?
- Tax revenue as share of gdp vs. income inequality in Grenada was 23.7% in 2023, according to UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data.
- What is the highest tax revenue as share of gdp vs. income inequality recorded in Grenada?
- The highest recorded value was 23.7% in 2023.
- What is the lowest tax revenue as share of gdp vs. income inequality recorded in Grenada?
- The lowest recorded value was 15.7% in 1986.
- How does Grenada rank for tax revenue as share of gdp vs. income inequality?
- Grenada ranks 67th out of 187 countries with data for 2023.
- Is tax revenue as share of gdp 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 UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data, published as part of Tax revenue as share of GDP vs. income inequality. Statizoid updates them automatically from the source API.
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About this data
Taxes include direct and indirect taxes as well as social contributions. The Gini coefficient measures inequality on a scale from 0 to 1. Higher values indicate higher inequality.