Taxes on goods and services (current LCU), annual growth rate in Barbados

Barbados: Taxes on goods and services (current LCU), annual growth rate was 7.39 % change on previous year in 2016. ◆ Volatile

Latest (2016)
7.39 % change on previous year
Change on year
down 51.9%
World rank
96th
of 156 countries
All-time high
19.23 % change on previous year
in 2011
All-time low
-10.87 % change on previous year
in 2012
Years of data
13
2004–2016

Taxes on goods and services (current LCU), annual growth rate in Barbados, 2004–2016

-10010202004201020162004: 18 % change on previous year2005: 11.6 % change on previous year2006: 0.789 % change on previous year2007: 10.3 % change on previous year2008: 0.923 % change on previous year2009: -8.9 % change on previous year2010: 7.4 % change on previous year2011: 19.2 % change on previous year2012: -10.9 % change on previous year2013: 0.604 % change on previous year2014: -7.7 % change on previous year2015: 15.4 % change on previous year2016: 7.4 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

Barbados recorded 7.39 % change on previous year for taxes on goods and services (current lcu), annual growth rate in 2016.

Compared with earlier readings it is down 51.9% on the previous year and up 836.3% over ten years.

Over the whole period, taxes on goods and services (current lcu), annual growth rate in Barbados peaked at 19.23 % change on previous year in 2011 and was at its lowest, -10.87 % change on previous year, in 2012.

Barbados ranks 96th of 156 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Taxes on goods and services (current LCU), annual growth rate in Barbados, year by year

Annual values for Taxes on goods and services (current LCU), annual growth rate in Barbados, 2004 to 2016.
Year % change on previous year Change
2004 18 % change on previous year
2005 11.61 % change on previous year -35.5%
2006 0.7892 % change on previous year -93.2%
2007 10.3 % change on previous year +1205.5%
2008 0.9228 % change on previous year -91.0%
2009 -8.86 % change on previous year -1060.1%
2010 7.42 % change on previous year -183.7%
2011 19.23 % change on previous year +159.3%
2012 -10.87 % change on previous year -156.5%
2013 0.6037 % change on previous year -105.6%
2014 -7.65 % change on previous year -1367.6%
2015 15.37 % change on previous year -300.9%
2016 7.39 % change on previous year -51.9%

Averages by decade

DecadeAverage LowestHighest Years
2000s 5.46 % change on previous year -8.86 % change on previous year 18 % change on previous year 6
2010s 4.5 % change on previous year -10.87 % change on previous year 19.23 % change on previous year 7

Countries ranked near Barbados

  1. 93 Guatemala 7.64 % change on previous year compare
  2. 94 Spain 7.45 % change on previous year compare
  3. 95 Estonia 7.44 % change on previous year compare
  4. 97 Uganda 7.28 % change on previous year
  5. 98 Costa Rica 6.87 % change on previous year compare
  6. 99 Ecuador 6.85 % change on previous year

See the full ranking of 156 places →

More public sector data for Barbados

All data for Barbados →

Frequently asked questions

What is taxes on goods and services (current lcu), annual growth rate in Barbados?
Taxes on goods and services (current lcu), annual growth rate in Barbados was 7.39 % change on previous year in 2016, according to Statizoid (derived).
What is the highest taxes on goods and services (current lcu), annual growth rate recorded in Barbados?
The highest recorded value was 19.23 % change on previous year in 2011.
What is the lowest taxes on goods and services (current lcu), annual growth rate recorded in Barbados?
The lowest recorded value was -10.87 % change on previous year in 2012.
How does Barbados rank for taxes on goods and services (current lcu), annual growth rate?
Barbados ranks 96th out of 156 countries with data for 2016.
Is taxes on goods and services (current lcu), annual growth rate rising or falling in Barbados?
Over the last ten years it is up 836.3%. The long-run trend across the full record is volatile.
Where does this Barbados data come from?
The figures come from Statizoid (derived), published as part of Taxes on goods and services (current LCU), annual growth rate. Statizoid updates them automatically from the source API.

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Taxes on goods and services (current LCU), annual growth rate in Barbados. Statizoid, drawing on Statizoid (derived). Retrieved 30 August 2026, from https://public-sector.statizoid.com/stat/taxes-on-goods-and-services-current-lcu-annual-growth-rate/barbados/

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How this figure is calculated

The year-on-year percentage change in Taxes on goods and services (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
Taxes on goods and services (current LCU), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
156 places, 4,397 data points, 1973–2024
Last refreshed

The year-on-year percentage change in Taxes on goods and services (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.