Barbados vs Lao People's Democratic Republic: Taxes on international trade
Taxes on international trade over time
- Barbados
- Lao People's Democratic Republic
How they compare
Barbados currently reports 8.6% against 8.1% in Lao People's Democratic Republic, a difference of 0.5%.
That makes Barbados's figure about 1.1 times Lao People's Democratic Republic's.
The two have swapped places 4 times across 9 shared years of data; in 2008 it was Lao People's Democratic Republic ahead.
Barbados ranks 45th and Lao People's Democratic Republic ranks 48th of 154 countries.
Across the 2 decades both report, Barbados averaged higher in 1 and Lao People's Democratic Republic in 1.
Head to head by decade
| Decade | Barbados | Lao People's Democratic Republic | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 7.9% | 9.3% | 1.4% | Lao People's Democratic Republic |
| 2010s | 8.6% | 7.3% | 1.3% | Barbados |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on international trade, Barbados or Lao People's Democratic Republic?
- Barbados, at 8.6% against 8.1% in Lao People's Democratic Republic as of 2016.
- What is the difference in taxes on international trade between Barbados and Lao People's Democratic Republic?
- 0.5%, with Barbados ahead.
- How many years of comparable data are there for Barbados and Lao People's Democratic Republic?
- 9 years are reported by both, from 2008 to 2016.
- How do Barbados and Lao People's Democratic Republic rank globally for taxes on international trade?
- Barbados ranks 45th and Lao People's Democratic Republic ranks 48th of 154 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Taxes on international trade (% of revenue). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Taxes on international trade are taxes that become payable when goods cross the national or customs frontiers of the economic territory or when transactions in services exchange between residents and non-residents. 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.