Other taxes in Barbados
Barbados: Other taxes was 8.0% in 2016. ▲ Rising
Other taxes in Barbados, 2003–2016
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
The most recent figure for other taxes in Barbados is 8.0%, measured in 2016.
The figure is up 11.7% on the previous year and up 22.8% over ten years.
Over the whole period, other taxes in Barbados peaked at 9.5% in 2014 and was at its lowest, 5.3%, in 2004.
Barbados ranks 6th of 148 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 14 years of available data.
Other taxes in Barbados, year by year
| Year | % of revenue | Change |
|---|---|---|
| 2003 | 5.7% | — |
| 2004 | 5.3% | -8.0% |
| 2005 | 6.4% | +22.1% |
| 2006 | 6.6% | +2.0% |
| 2007 | 7.2% | +10.3% |
| 2008 | 8.2% | +13.9% |
| 2009 | 8.0% | -3.0% |
| 2010 | 8.2% | +2.3% |
| 2011 | 6.2% | -24.6% |
| 2012 | 6.7% | +8.6% |
| 2013 | 7.4% | +11.3% |
| 2014 | 9.5% | +27.2% |
| 2015 | 7.2% | -23.9% |
| 2016 | 8.0% | +11.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 6.8% | 5.3% | 8.2% | 7 |
| 2010s | 7.6% | 6.2% | 9.5% | 7 |
Countries ranked near Barbados
More public sector data for Barbados
- Arms imports 10.00 million SIPRI trend indicator values (2009)
- Arms imports (SIPRI trend indicator values), per capita 36.48 SIPRI trend indicator values per person (2009)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0022 SIPRI trend indicator values per US$ of GDP (2009)
- Arms imports (SIPRI trend indicator values), gaps filled 10.00 million SIPRI trend indicator values (2009)
- Arms imports (SIPRI trend indicator values), per square kilometre 23,256 SIPRI trend indicator values per square kilometre (2009)
- Tax revenue 23.4% (2016)
- Capital stock, General government, Current prices, Domestic currency 9.85 (2019)
- Taxes on income, profits and capital gains 30.0% (2016)
- Capital stock, General government, Constant prices, Percent of GDP 132.09 (2019)
- Capital stock, General government, Constant prices, Purchasing power 4.43 (2019)
Frequently asked questions
- What is other taxes in Barbados?
- Other taxes in Barbados was 8.0% in 2016, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest other taxes recorded in Barbados?
- The highest recorded value was 9.5% in 2014.
- What is the lowest other taxes recorded in Barbados?
- The lowest recorded value was 5.3% in 2004.
- How does Barbados rank for other taxes?
- Barbados ranks 6th out of 148 countries with data for 2016.
- Is other taxes rising or falling in Barbados?
- Over the last ten years it is up 22.8%. The long-run trend across the full record is rising.
- Where does this Barbados data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Other taxes (% of revenue). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 14 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Other taxes include employer payroll or labor taxes, taxes on property, and taxes not allocable to other categories, such as penalties for late payment or nonpayment of taxes. 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.