Barbados vs Middle income: Tax revenue
Barbados
23.4%
in 2016
Middle income
10.4%
in 2024
Barbados rank
26th
Middle income rank
28th
Tax revenue over time
- Barbados
- Middle income
How they compare
Barbados currently reports 23.4% against 10.4% in Middle income, a difference of 13.0%.
That makes Barbados's figure about 2.2 times Middle income's.
Across all 12 years both countries report, Barbados has been ahead every year.
Barbados ranks 26th and Middle income ranks 28th of 157 countries.
Barbados has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Barbados | Middle income | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 25.6% | 11.0% | 14.7% | Barbados |
| 2010s | 20.8% | 11.6% | 9.2% | Barbados |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher tax revenue, Barbados or Middle income?
- Barbados, at 23.4% against 10.4% in Middle income as of 2016.
- What is the difference in tax revenue between Barbados and Middle income?
- 13.0%, with Barbados ahead.
- How many years of comparable data are there for Barbados and Middle income?
- 12 years are reported by both, from 2005 to 2016.
- How do Barbados and Middle income rank globally for tax revenue?
- Barbados ranks 26th and Middle income ranks 28th of 157 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Tax revenue (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Taxes are compulsory, unrequited payments, in cash or in kind, made by institutional units to government units. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.