Barbados vs Iceland: Taxes less subsidies on products (current US$), annual growth rate

Barbados
5.51 % change on previous year
in 2025
Iceland
5.83 % change on previous year
in 2025
Barbados rank
131st
Iceland rank
128th

Taxes less subsidies on products (current US$), annual growth rate over time

  • Barbados
  • Iceland
-40-200204060197620002025

How they compare

Iceland currently reports 5.83 % change on previous year against 5.51 % change on previous year in Barbados, a difference of 0.32 % change on previous year.

That makes Iceland's figure about 1.1 times Barbados's.

The two have swapped places 14 times across 30 shared years of data; in 1996 it was Iceland ahead.

Barbados ranks 131st and Iceland ranks 128th of 197 countries.

Across the 4 decades both report, Barbados averaged higher in 1 and Iceland in 3.

Head to head by decade

Decade Barbados Iceland Difference Ahead
1990s 12.85 % change on previous year 7.7 % change on previous year 5.15 % change on previous year Barbados
2000s 1.98 % change on previous year 3.24 % change on previous year 1.26 % change on previous year Iceland
2010s 2.77 % change on previous year 7.55 % change on previous year 4.78 % change on previous year Iceland
2020s 4.41 % change on previous year 8.25 % change on previous year 3.84 % change on previous year Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher taxes less subsidies on products (current us$), annual growth rate, Barbados or Iceland?
Iceland, at 5.83 % change on previous year against 5.51 % change on previous year in Barbados as of 2025.
What is the difference in taxes less subsidies on products (current us$), annual growth rate between Barbados and Iceland?
0.32 % change on previous year, with Iceland ahead.
How many years of comparable data are there for Barbados and Iceland?
30 years are reported by both, from 1996 to 2025.
How do Barbados and Iceland rank globally for taxes less subsidies on products (current us$), annual growth rate?
Barbados ranks 131st and Iceland ranks 128th of 197 countries.
Where does this data come from?
Statizoid (derived), published as Taxes less subsidies on products (current US$), annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Barbados vs Iceland: Taxes less subsidies on products (current US$), annual growth rate. Statizoid, drawing on Statizoid (derived). Retrieved 11 September 2026, from https://economy.statizoid.com/compare/taxes-less-subsidies-on-products-current-us-annual-growth-rate/barbados/iceland/

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About this data

Indicator
Taxes less subsidies on products (current US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
197 places, 8,063 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Taxes less subsidies on products (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.