Barbados vs Sri Lanka: Taxes on goods and services
Barbados
45.9%
in 2016
Sri Lanka
46.1%
in 2023
Barbados rank
17th
Sri Lanka rank
16th
Taxes on goods and services over time
- Barbados
- Sri Lanka
How they compare
Sri Lanka currently reports 46.1% against 45.9% in Barbados, a difference of 0.2%.
The two have swapped places 2 times across 14 shared years of data; in 2003 it was Sri Lanka ahead.
Barbados ranks 17th and Sri Lanka ranks 16th of 156 countries.
Across the 2 decades both report, Barbados averaged higher in 1 and Sri Lanka in 1.
Head to head by decade
| Decade | Barbados | Sri Lanka | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 42.9% | 50.0% | 7.2% | Sri Lanka |
| 2010s | 47.1% | 45.8% | 1.3% | Barbados |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on goods and services, Barbados or Sri Lanka?
- Sri Lanka, at 46.1% against 45.9% in Barbados as of 2023.
- What is the difference in taxes on goods and services between Barbados and Sri Lanka?
- 0.2%, with Sri Lanka ahead.
- How many years of comparable data are there for Barbados and Sri Lanka?
- 14 years are reported by both, from 2003 to 2016.
- How do Barbados and Sri Lanka rank globally for taxes on goods and services?
- Barbados ranks 17th and Sri Lanka 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.