Barbados vs Low & middle income: Taxes on goods and services
Taxes on goods and services over time
- Barbados
- Low & middle income
How they compare
Barbados currently reports 45.9% against 33.4% in Low & middle income, a difference of 12.5%.
That makes Barbados's figure about 1.4 times Low & middle income's.
Across all 9 years both countries report, Barbados has been ahead every year.
Barbados ranks 17th and Low & middle income ranks 18th of 156 countries.
Barbados has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Barbados | Low & middle income | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 40.8% | 31.7% | 9.1% | Barbados |
| 2010s | 47.1% | 34.1% | 13.0% | Barbados |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on goods and services, Barbados or Low & middle income?
- Barbados, at 45.9% against 33.4% in Low & middle income as of 2016.
- What is the difference in taxes on goods and services between Barbados and Low & middle income?
- 12.5%, with Barbados ahead.
- How many years of comparable data are there for Barbados and Low & middle income?
- 9 years are reported by both, from 2008 to 2016.
- How do Barbados and Low & middle income rank globally for taxes on goods and services?
- Barbados ranks 17th and Low & middle income ranks 18th 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.