Taxes on goods and services (current LCU), per capita in Barbados
Barbados: Taxes on goods and services (current LCU), per capita was 4,712 current LCU per person in 2016. ▲ Rising
Taxes on goods and services (current LCU), per capita in Barbados, 2003–2016
Source: Statizoid (derived). Measured in current LCU per person.
Analysis
The most recent figure for taxes on goods and services (current lcu), per capita in Barbados is 4,712 current LCU per person, measured in 2016. That is the highest value across all 14 years on record.
Compared with earlier readings it is up 7.2% on the previous year and up 28.7% over ten years.
Over the whole period, taxes on goods and services (current lcu), per capita in Barbados peaked at 4,712 current LCU per person in 2016 and was at its lowest, 2,801 current LCU per person, in 2003.
Barbados ranks 87th of 157 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 14 years of available data.
Taxes on goods and services (current LCU), per capita in Barbados, year by year
| Year | current LCU per person | Change |
|---|---|---|
| 2003 | 2,801 current LCU per person | — |
| 2004 | 3,287 current LCU per person | +17.3% |
| 2005 | 3,649 current LCU per person | +11.0% |
| 2006 | 3,661 current LCU per person | +0.3% |
| 2007 | 4,019 current LCU per person | +9.8% |
| 2008 | 4,035 current LCU per person | +0.4% |
| 2009 | 3,658 current LCU per person | -9.3% |
| 2010 | 3,913 current LCU per person | +7.0% |
| 2011 | 4,651 current LCU per person | +18.8% |
| 2012 | 4,133 current LCU per person | -11.1% |
| 2013 | 4,147 current LCU per person | +0.3% |
| 2014 | 3,821 current LCU per person | -7.9% |
| 2015 | 4,398 current LCU per person | +15.1% |
| 2016 | 4,712 current LCU per person | +7.2% |
Barbados compared with similar countries
- Barbados's 4,712 current LCU per person is above the median for high income countries, which is 4,525 current LCU per person, 1.0× the median. (57 countries reporting)
- Barbados's 4,712 current LCU per person is above the median for Latin America & Caribbean, which is 4,712 current LCU per person, 1.0× the median. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3,587 current LCU per person | 2,801 current LCU per person | 4,035 current LCU per person | 7 |
| 2010s | 4,254 current LCU per person | 3,821 current LCU per person | 4,712 current LCU per person | 7 |
Countries ranked near Barbados
- 84 Singapore 4,824 current LCU per person compare
- 85 Switzerland 4,793 current LCU per person compare
- 86 Belgium 4,753 current LCU per person compare
- 88 United Kingdom 4,525 current LCU per person compare
- 89 Bahamas 4,487 current LCU per person compare
- 90 Morocco 4,356 current LCU per person compare
More public sector data for Barbados
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Democracy 7 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is taxes on goods and services (current lcu), per capita in Barbados?
- Taxes on goods and services (current lcu), per capita in Barbados was 4,712 current LCU per person in 2016, according to Statizoid (derived).
- What is the highest taxes on goods and services (current lcu), per capita recorded in Barbados?
- The highest recorded value was 4,712 current LCU per person in 2016.
- What is the lowest taxes on goods and services (current lcu), per capita recorded in Barbados?
- The lowest recorded value was 2,801 current LCU per person in 2003.
- How does Barbados rank for taxes on goods and services (current lcu), per capita?
- Barbados ranks 87th out of 157 countries with data for 2016.
- Is taxes on goods and services (current lcu), per capita rising or falling in Barbados?
- Over the last ten years it is up 28.7%. The long-run trend across the full record is rising.
- Where does this Barbados data come from?
- The figures come from Statizoid (derived), published as part of Taxes on goods and services (current LCU), per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 14 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Taxes on goods and services (current LCU) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes on goods and services (current LCU) ÷ Population, total
Computed from
- Taxes on goods and services Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
- Population, total World Population Prospects, United Nations (UN)
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
Taxes on goods and services (current LCU) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.