Barbados vs Sri Lanka: Taxes on income, profits and capital gains
Barbados
30.0%
in 2016
Sri Lanka
29.6%
in 2023
Barbados rank
45th
Sri Lanka rank
47th
Taxes on income, profits and capital gains over time
- Barbados
- Sri Lanka
How they compare
Barbados currently reports 30.0% against 29.6% in Sri Lanka, a difference of 0.4%.
Across all 14 years both countries report, Barbados has been ahead every year.
Barbados ranks 45th and Sri Lanka ranks 47th of 153 countries.
Barbados has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Barbados | Sri Lanka | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 33.9% | 15.9% | 18.0% | Barbados |
| 2010s | 29.8% | 16.7% | 13.1% | 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 Sri Lanka?
- Barbados, at 30.0% against 29.6% in Sri Lanka as of 2016.
- What is the difference in taxes on income, profits and capital gains between Barbados and Sri Lanka?
- 0.4%, with Barbados 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 income, profits and capital gains?
- Barbados ranks 45th and Sri Lanka ranks 47th 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 (% of revenue). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Taxes on income, profits, and capital gains are taxes payable on the actual or presumed incomes, profits and capital gains. 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.