Bahamas vs Barbados: Taxes on goods and services
Taxes on goods and services over time
- Bahamas
- Barbados
How they compare
Bahamas currently reports 1.80 billion current LCU against 1.32 billion current LCU in Barbados, a difference of 483.04 million current LCU.
That makes Bahamas's figure about 1.4 times Barbados's.
Across all 14 years both countries report, Barbados has been ahead every year.
Bahamas ranks 136th and Barbados ranks 138th of 157 countries.
Barbados has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Bahamas | Barbados | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 234.16 million current LCU | 969.35 million current LCU | 735.19 million current LCU | Barbados |
| 2010s | 730.54 million current LCU | 1.18 billion current LCU | 450.26 million current LCU | Barbados |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on goods and services, Bahamas or Barbados?
- Bahamas, at 1.80 billion current LCU against 1.32 billion current LCU in Barbados as of 2024.
- What is the difference in taxes on goods and services between Bahamas and Barbados?
- 483.04 million current LCU, with Bahamas ahead.
- How many years of comparable data are there for Bahamas and Barbados?
- 14 years are reported by both, from 2003 to 2016.
- How do Bahamas and Barbados rank globally for taxes on goods and services?
- Bahamas ranks 136th and Barbados ranks 138th of 157 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Taxes on goods and services (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
General taxes on goods and services are taxes levied on the production, leasing, delivery, sale, purchase or other change of ownership of a wide range of goods and the provision of a wide range of services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.