Taxes less subsidies on products (constant LCU), annual growth rate in Barbados
Barbados: Taxes less subsidies on products (constant LCU), annual growth rate was 2.7 % change on previous year in 2025. ◆ Volatile
Taxes less subsidies on products (constant LCU), annual growth rate in Barbados, 2007–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Barbados recorded 2.7 % change on previous year for taxes less subsidies on products (constant lcu), annual growth rate in 2025.
The figure is up 33.0% on the previous year and up 132.7% over ten years.
Over the whole period, taxes less subsidies on products (constant lcu), annual growth rate in Barbados peaked at 31.17 % change on previous year in 2022 and was at its lowest, -24.86 % change on previous year, in 2020.
Barbados ranks 106th of 188 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 less subsidies on products (constant LCU), annual growth rate in Barbados, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2007 | -1.95 % change on previous year | — |
| 2008 | -2.26 % change on previous year | +16.0% |
| 2009 | 10.77 % change on previous year | -576.9% |
| 2010 | -2.16 % change on previous year | -120.1% |
| 2011 | -0.7561 % change on previous year | -65.0% |
| 2012 | -1.71 % change on previous year | +126.6% |
| 2013 | -1.17 % change on previous year | -31.7% |
| 2014 | -1.01 % change on previous year | -13.4% |
| 2015 | 1.16 % change on previous year | -214.4% |
| 2016 | 1.58 % change on previous year | +36.1% |
| 2017 | -1.46 % change on previous year | -192.5% |
| 2018 | -1.53 % change on previous year | +4.9% |
| 2019 | 2.33 % change on previous year | -251.9% |
| 2020 | -24.86 % change on previous year | -1168.2% |
| 2021 | -0.8658 % change on previous year | -96.5% |
| 2022 | 31.17 % change on previous year | -3700.4% |
| 2023 | 4.6 % change on previous year | -85.2% |
| 2024 | 2.03 % change on previous year | -55.9% |
| 2025 | 2.7 % change on previous year | +33.0% |
Biggest year-on-year movements
Years where Taxes less subsidies on products (constant LCU), annual growth rate in Barbados changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2022 | +3700.4% | -0.8658 % change on previous year | 31.17 % change on previous year |
| 2020 | -1168.2% | 2.33 % change on previous year | -24.86 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.19 % change on previous year | -2.26 % change on previous year | 10.77 % change on previous year | 3 |
| 2010s | -0.4739 % change on previous year | -2.16 % change on previous year | 2.33 % change on previous year | 10 |
| 2020s | 2.46 % change on previous year | -24.86 % change on previous year | 31.17 % change on previous year | 6 |
Countries ranked near Barbados
- 103 Estonia 2.9 % change on previous year compare
- 104 Solomon Islands 2.89 % change on previous year compare
- 105 Ireland 2.76 % change on previous year compare
- 107 Dominica 2.62 % change on previous year compare
- 108 Cayman Islands 2.56 % change on previous year compare
- 109 Gabon 2.47 % change on previous year compare
More economy & growth data for Barbados
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.99 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 18.57 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0024 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 65.74 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 303.06 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 34.75 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0399 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,073 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 2.97 % change on previous year (2024)
Frequently asked questions
- What is taxes less subsidies on products (constant lcu), annual growth rate in Barbados?
- Taxes less subsidies on products (constant lcu), annual growth rate in Barbados was 2.7 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (constant lcu), annual growth rate recorded in Barbados?
- The highest recorded value was 31.17 % change on previous year in 2022.
- What is the lowest taxes less subsidies on products (constant lcu), annual growth rate recorded in Barbados?
- The lowest recorded value was -24.86 % change on previous year in 2020.
- How does Barbados rank for taxes less subsidies on products (constant lcu), annual growth rate?
- Barbados ranks 106th out of 188 countries with data for 2025.
- Is taxes less subsidies on products (constant lcu), annual growth rate rising or falling in Barbados?
- Over the last ten years it is up 132.7%. 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 less subsidies on products (constant LCU), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Taxes less subsidies on products (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Taxes less subsidies on products 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
The year-on-year percentage change in Taxes less subsidies on products (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.