Barbados vs IDA & IBRD total: Taxes on goods and services
Taxes on goods and services over time
- Barbados
- IDA & IBRD total
How they compare
Barbados currently reports 45.9% against 33.5% in IDA & IBRD total, a difference of 12.4%.
That makes Barbados's figure about 1.4 times IDA & IBRD total's.
Across all 14 years both countries report, Barbados has been ahead every year.
Barbados ranks 17th and IDA & IBRD total ranks 16th of 156 countries.
Barbados has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Barbados | IDA & IBRD total | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 42.9% | 35.0% | 7.9% | Barbados |
| 2010s | 47.1% | 34.6% | 12.5% | Barbados |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on goods and services, Barbados or IDA & IBRD total?
- Barbados, at 45.9% against 33.5% in IDA & IBRD total as of 2016.
- What is the difference in taxes on goods and services between Barbados and IDA & IBRD total?
- 12.4%, with Barbados ahead.
- How many years of comparable data are there for Barbados and IDA & IBRD total?
- 14 years are reported by both, from 2003 to 2016.
- How do Barbados and IDA & IBRD total rank globally for taxes on goods and services?
- Barbados ranks 17th and IDA & IBRD total ranks 16th of 156 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 (% of revenue). 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 as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.