Tax revenue (current LCU), per unit of GDP in Barbados
Barbados: Tax revenue (current LCU), per unit of GDP was 0.4677 current LCU per US$ of GDP in 2016. ▼ Falling
Tax revenue (current LCU), per unit of GDP in Barbados, 2003–2016
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
In 2016, tax revenue (current lcu), per unit of gdp in Barbados stood at 0.4677 current LCU per US$ of GDP.
That represents a change of up 11.3% on the previous year and down 7.5% over ten years.
Over the whole period, tax revenue (current lcu), per unit of gdp in Barbados peaked at 0.5347 current LCU per US$ of GDP in 2005 and was at its lowest, 0.3813 current LCU per US$ of GDP, in 2013.
Barbados ranks 106th of 157 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 14 years of available data.
Tax revenue (current LCU), per unit of GDP in Barbados, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 2003 | 0.5049 current LCU per US$ of GDP | — |
| 2004 | 0.5155 current LCU per US$ of GDP | +2.1% |
| 2005 | 0.5347 current LCU per US$ of GDP | +3.7% |
| 2006 | 0.5057 current LCU per US$ of GDP | -5.4% |
| 2007 | 0.519 current LCU per US$ of GDP | +2.6% |
| 2008 | 0.508 current LCU per US$ of GDP | -2.1% |
| 2009 | 0.4941 current LCU per US$ of GDP | -2.7% |
| 2010 | 0.4124 current LCU per US$ of GDP | -16.5% |
| 2011 | 0.4346 current LCU per US$ of GDP | +5.4% |
| 2012 | 0.4112 current LCU per US$ of GDP | -5.4% |
| 2013 | 0.3813 current LCU per US$ of GDP | -7.3% |
| 2014 | 0.3886 current LCU per US$ of GDP | +1.9% |
| 2015 | 0.4201 current LCU per US$ of GDP | +8.1% |
| 2016 | 0.4677 current LCU per US$ of GDP | +11.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.5117 current LCU per US$ of GDP | 0.4941 current LCU per US$ of GDP | 0.5347 current LCU per US$ of GDP | 7 |
| 2010s | 0.4165 current LCU per US$ of GDP | 0.3813 current LCU per US$ of GDP | 0.4677 current LCU per US$ of GDP | 7 |
Countries ranked near Barbados
- 103 Saint Lucia 0.4921 current LCU per US$ of GDP compare
- 104 New Zealand 0.4878 current LCU per US$ of GDP compare
- 105 Tonga 0.483 current LCU per US$ of GDP
- 107 Belize 0.4269 current LCU per US$ of GDP compare
- 108 Belarus 0.4233 current LCU per US$ of GDP compare
- 109 Saint Kitts and Nevis 0.4061 current LCU per US$ of GDP compare
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 tax revenue (current lcu), per unit of gdp in Barbados?
- Tax revenue (current lcu), per unit of gdp in Barbados was 0.4677 current LCU per US$ of GDP in 2016, according to Statizoid (derived).
- What is the highest tax revenue (current lcu), per unit of gdp recorded in Barbados?
- The highest recorded value was 0.5347 current LCU per US$ of GDP in 2005.
- What is the lowest tax revenue (current lcu), per unit of gdp recorded in Barbados?
- The lowest recorded value was 0.3813 current LCU per US$ of GDP in 2013.
- How does Barbados rank for tax revenue (current lcu), per unit of gdp?
- Barbados ranks 106th out of 157 countries with data for 2016.
- Is tax revenue (current lcu), per unit of gdp rising or falling in Barbados?
- Over the last ten years it is down 7.5%. The long-run trend across the full record is falling.
- Where does this Barbados data come from?
- The figures come from Statizoid (derived), published as part of Tax revenue (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Tax revenue (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Tax revenue (current LCU) ÷ GDP (current US$)
Computed from
- Tax revenue Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Tax revenue (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.