Taxes on income, profits and capital gains in Barbados
Barbados: Taxes on income, profits and capital gains was 861.07 million current LCU in 2016. ▲ Rising
Taxes on income, profits and capital gains in Barbados, 2003–2016
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Barbados recorded 861.07 million current LCU for taxes on income, profits and capital gains in 2016.
The figure is up 14.4% on the previous year and up 5.3% over ten years.
Over the whole period, taxes on income, profits and capital gains in Barbados peaked at 936.27 million current LCU in 2007 and was at its lowest, 596.50 million current LCU, in 2004.
Barbados ranks 135th of 153 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 14 years of available data.
Taxes on income, profits and capital gains in Barbados, year by year
| Year | current LCU | Change |
|---|---|---|
| 2003 | 604.74 million current LCU | — |
| 2004 | 596.50 million current LCU | -1.4% |
| 2005 | 721.84 million current LCU | +21.0% |
| 2006 | 817.88 million current LCU | +13.3% |
| 2007 | 936.27 million current LCU | +14.5% |
| 2008 | 897.38 million current LCU | -4.2% |
| 2009 | 816.79 million current LCU | -9.0% |
| 2010 | 762.70 million current LCU | -6.6% |
| 2011 | 772.27 million current LCU | +1.3% |
| 2012 | 746.27 million current LCU | -3.4% |
| 2013 | 639.27 million current LCU | -14.3% |
| 2014 | 693.04 million current LCU | +8.4% |
| 2015 | 752.58 million current LCU | +8.6% |
| 2016 | 861.07 million current LCU | +14.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 770.20 million current LCU | 596.50 million current LCU | 936.27 million current LCU | 7 |
| 2010s | 746.74 million current LCU | 639.27 million current LCU | 861.07 million current LCU | 7 |
Countries ranked near Barbados
- 132 Latvia 1.49 billion current LCU compare
- 133 Solomon Islands 1.13 billion current LCU compare
- 134 Fiji 1.06 billion current LCU compare
- 136 Timor-Leste 567.72 million current LCU compare
- 137 Seychelles 504.48 million current LCU compare
- 138 Belize 270.22 million current LCU 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 taxes on income, profits and capital gains in Barbados?
- Taxes on income, profits and capital gains in Barbados was 861.07 million current LCU in 2016, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on income, profits and capital gains recorded in Barbados?
- The highest recorded value was 936.27 million current LCU in 2007.
- What is the lowest taxes on income, profits and capital gains recorded in Barbados?
- The lowest recorded value was 596.50 million current LCU in 2004.
- How does Barbados rank for taxes on income, profits and capital gains?
- Barbados ranks 135th out of 153 countries with data for 2016.
- Is taxes on income, profits and capital gains rising or falling in Barbados?
- Over the last ten years it is up 5.3%. 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 Taxes on income, profits and capital gains (current LCU). Statizoid updates them automatically from the source API.
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About this data
Taxes on income, profits, and capital gains are taxes payable on the actual or presumed incomes, profits and capital gains. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.