Barbados vs Latvia: Taxes on income, profits and capital gains

Barbados
861.07 million current LCU
in 2016
Latvia
1.49 billion current LCU
in 2024
Barbados rank
135th
Latvia rank
132nd

Taxes on income, profits and capital gains over time

  • Barbados
  • Latvia
0500.0M1.0B1.5B199420092024

How they compare

Latvia currently reports 1.49 billion current LCU against 861.07 million current LCU in Barbados, a difference of 632.76 million current LCU.

That makes Latvia's figure about 1.7 times Barbados's.

The two have swapped places 2 times across 14 shared years of data; in 2003 it was Barbados ahead.

Barbados ranks 135th and Latvia ranks 132nd of 153 countries.

Barbados has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Barbados Latvia Difference Ahead
2000s 770.20 million current LCU 574.34 million current LCU 195.86 million current LCU Barbados
2010s 746.74 million current LCU 602.14 million current LCU 144.60 million current LCU Barbados

Averages of every year both report within each decade.

Frequently asked questions

Which has higher taxes on income, profits and capital gains, Barbados or Latvia?
Latvia, at 1.49 billion current LCU against 861.07 million current LCU in Barbados as of 2024.
What is the difference in taxes on income, profits and capital gains between Barbados and Latvia?
632.76 million current LCU, with Latvia ahead.
How many years of comparable data are there for Barbados and Latvia?
14 years are reported by both, from 2003 to 2016.
How do Barbados and Latvia rank globally for taxes on income, profits and capital gains?
Barbados ranks 135th and Latvia ranks 132nd of 153 countries.
Where does this data come from?
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Taxes on income, profits and capital gains (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Barbados vs Latvia: Taxes on income, profits and capital gains. Statizoid, drawing on Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 10 September 2026, from https://public-sector.statizoid.com/compare/taxes-on-income-profits-and-capital-gains-current-lcu/barbados/latvia/

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About this data

Indicator
Taxes on income, profits and capital gains (current LCU)
Unit
current LCU
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
153 places, 4,587 data points, 1972–2024
Last refreshed

Taxes on income, profits, and capital gains are taxes payable on the actual or presumed incomes, profits and capital gains. 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.