Bahamas vs Barbados: Taxes on goods and services
Bahamas
13.1%
in 2024
Barbados
13.1%
in 2016
Bahamas rank
47th
Barbados rank
46th
Taxes on goods and services over time
- Bahamas
- Barbados
How they compare
Barbados currently reports 13.1% against 13.1% in Bahamas, a difference of 0.0%.
Across all 14 years both countries report, Barbados has been ahead every year.
Bahamas ranks 47th and Barbados ranks 46th of 154 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 | 2.5% | 13.6% | 11.0% | Barbados |
| 2010s | 7.3% | 11.9% | 4.5% | Barbados |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on goods and services, Bahamas or Barbados?
- Barbados, at 13.1% against 13.1% in Bahamas as of 2016.
- What is the difference in taxes on goods and services between Bahamas and Barbados?
- 0.0%, with Barbados 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 47th and Barbados ranks 46th of 154 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 (% value added of industry and services). 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 value added in industry and services which is the contribution to the economy by industries in ISIC (Rev. 3) divisions 05-43 and 50-99.