Barbados vs Saint Vincent and the Grenadines: Tax revenue
Tax revenue over time
- Barbados
- Saint Vincent and the Grenadines
How they compare
Saint Vincent and the Grenadines currently reports 23.8% against 23.4% in Barbados, a difference of 0.4%.
The two have swapped places 3 times across 14 shared years of data; in 2003 it was Barbados ahead.
Barbados ranks 26th and Saint Vincent and the Grenadines ranks 23rd of 157 countries.
Across the 2 decades both report, Barbados averaged higher in 1 and Saint Vincent and the Grenadines in 1.
Head to head by decade
| Decade | Barbados | Saint Vincent and the Grenadines | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 25.6% | 20.8% | 4.7% | Barbados |
| 2010s | 20.8% | 22.1% | 1.3% | Saint Vincent and the Grenadines |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher tax revenue, Barbados or Saint Vincent and the Grenadines?
- Saint Vincent and the Grenadines, at 23.8% against 23.4% in Barbados as of 2017.
- What is the difference in tax revenue between Barbados and Saint Vincent and the Grenadines?
- 0.4%, with Saint Vincent and the Grenadines ahead.
- How many years of comparable data are there for Barbados and Saint Vincent and the Grenadines?
- 14 years are reported by both, from 2003 to 2016.
- How do Barbados and Saint Vincent and the Grenadines rank globally for tax revenue?
- Barbados ranks 26th and Saint Vincent and the Grenadines ranks 23rd 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.