Taxes less subsidies on products (current LCU), per unit of GDP (unit) in Barbados
Barbados: Taxes less subsidies on products (current LCU), per unit of GDP (unit) was 0.2079 current LCU per US$ of GDP in 2025. ▬ Flat
Latest (2025)
0.2079 current LCU per US$ of GDP
Change on year
up 0.0%
World rank
129th
of 197 countries
All-time high
0.3252 current LCU per US$ of GDP
in 2004
All-time low
0.1627 current LCU per US$ of GDP
in 1985
Years of data
51
1975–2025
Taxes less subsidies on products (current LCU), per unit of GDP in Barbados, 1975–2025
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
In 2025, taxes less subsidies on products (current lcu), per unit of gdp in Barbados stood at 0.2079 current LCU per US$ of GDP.
The figure is up 3.8% over ten years.
Over the whole period, taxes less subsidies on products (current lcu), per unit of gdp in Barbados peaked at 0.3252 current LCU per US$ of GDP in 2004 and was at its lowest, 0.1627 current LCU per US$ of GDP, in 1985.
Barbados ranks 129th of 197 countries on this measure, in the middle of the range.
Taxes less subsidies on products (current LCU), per unit of GDP (unit) in Barbados, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1975 | 0.278 current LCU per US$ of GDP | — |
| 1976 | 0.196 current LCU per US$ of GDP | -29.5% |
| 1977 | 0.2091 current LCU per US$ of GDP | +6.7% |
| 1978 | 0.2308 current LCU per US$ of GDP | +10.4% |
| 1979 | 0.227 current LCU per US$ of GDP | -1.6% |
| 1980 | 0.1923 current LCU per US$ of GDP | -15.3% |
| 1981 | 0.1781 current LCU per US$ of GDP | -7.4% |
| 1982 | 0.1768 current LCU per US$ of GDP | -0.7% |
| 1983 | 0.1729 current LCU per US$ of GDP | -2.2% |
| 1984 | 0.1694 current LCU per US$ of GDP | -2.0% |
| 1985 | 0.1627 current LCU per US$ of GDP | -4.0% |
| 1986 | 0.2253 current LCU per US$ of GDP | +38.5% |
| 1987 | 0.2434 current LCU per US$ of GDP | +8.0% |
| 1988 | 0.2381 current LCU per US$ of GDP | -2.2% |
| 1989 | 0.258 current LCU per US$ of GDP | +8.3% |
| 1990 | 0.2144 current LCU per US$ of GDP | -16.9% |
| 1991 | 0.2148 current LCU per US$ of GDP | +0.2% |
| 1992 | 0.2269 current LCU per US$ of GDP | +5.6% |
| 1993 | 0.2457 current LCU per US$ of GDP | +8.3% |
| 1994 | 0.2396 current LCU per US$ of GDP | -2.5% |
| 1995 | 0.2651 current LCU per US$ of GDP | +10.7% |
| 1996 | 0.2554 current LCU per US$ of GDP | -3.7% |
| 1997 | 0.2759 current LCU per US$ of GDP | +8.0% |
| 1998 | 0.3201 current LCU per US$ of GDP | +16.0% |
| 1999 | 0.3168 current LCU per US$ of GDP | -1.0% |
| 2000 | 0.305 current LCU per US$ of GDP | -3.7% |
| 2001 | 0.3231 current LCU per US$ of GDP | +5.9% |
| 2002 | 0.3057 current LCU per US$ of GDP | -5.4% |
| 2003 | 0.3199 current LCU per US$ of GDP | +4.6% |
| 2004 | 0.3252 current LCU per US$ of GDP | +1.7% |
| 2005 | 0.325 current LCU per US$ of GDP | -0.1% |
| 2006 | 0.2402 current LCU per US$ of GDP | -26.1% |
| 2007 | 0.2763 current LCU per US$ of GDP | +15.1% |
| 2008 | 0.2612 current LCU per US$ of GDP | -5.5% |
| 2009 | 0.2338 current LCU per US$ of GDP | -10.5% |
| 2010 | 0.1823 current LCU per US$ of GDP | -22.0% |
| 2011 | 0.1703 current LCU per US$ of GDP | -6.6% |
| 2012 | 0.2042 current LCU per US$ of GDP | +19.9% |
| 2013 | 0.1774 current LCU per US$ of GDP | -13.2% |
| 2014 | 0.1795 current LCU per US$ of GDP | +1.2% |
| 2015 | 0.2003 current LCU per US$ of GDP | +11.6% |
| 2016 | 0.199 current LCU per US$ of GDP | -0.6% |
| 2017 | 0.2161 current LCU per US$ of GDP | +8.6% |
| 2018 | 0.2186 current LCU per US$ of GDP | +1.2% |
| 2019 | 0.2153 current LCU per US$ of GDP | -1.5% |
| 2020 | 0.204 current LCU per US$ of GDP | -5.3% |
| 2021 | 0.2112 current LCU per US$ of GDP | +3.5% |
| 2022 | 0.2007 current LCU per US$ of GDP | -5.0% |
| 2023 | 0.2112 current LCU per US$ of GDP | +5.2% |
| 2024 | 0.2079 current LCU per US$ of GDP | -1.5% |
| 2025 | 0.2079 current LCU per US$ of GDP | +0.0% |
Barbados compared with similar countries
- Barbados's 0.2079 current LCU per US$ of GDP is above the median for high income countries, which is 0.1155 current LCU per US$ of GDP, 1.8× the median. (74 countries reporting)
- Barbados's 0.2079 current LCU per US$ of GDP is below the median for Latin America & Caribbean, which is 0.4274 current LCU per US$ of GDP, 49% of the median. (38 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.2282 current LCU per US$ of GDP | 0.196 current LCU per US$ of GDP | 0.278 current LCU per US$ of GDP | 5 |
| 1980s | 0.2017 current LCU per US$ of GDP | 0.1627 current LCU per US$ of GDP | 0.258 current LCU per US$ of GDP | 10 |
| 1990s | 0.2575 current LCU per US$ of GDP | 0.2144 current LCU per US$ of GDP | 0.3201 current LCU per US$ of GDP | 10 |
| 2000s | 0.2915 current LCU per US$ of GDP | 0.2338 current LCU per US$ of GDP | 0.3252 current LCU per US$ of GDP | 10 |
| 2010s | 0.1963 current LCU per US$ of GDP | 0.1703 current LCU per US$ of GDP | 0.2186 current LCU per US$ of GDP | 10 |
| 2020s | 0.2071 current LCU per US$ of GDP | 0.2007 current LCU per US$ of GDP | 0.2112 current LCU per US$ of GDP | 6 |
Countries ranked near Barbados
- 126 Peru 0.2757 current LCU per US$ of GDP compare
- 127 Curacao 0.2728 current LCU per US$ of GDP compare
- 128 Aruba 0.2299 current LCU per US$ of GDP compare
- 130 Saudi Arabia 0.2067 current LCU per US$ of GDP compare
- 131 Hong Kong Special Administrative Region, People's Republic of China 0.2041 current LCU per US$ of GDP compare
- 132 Tuvalu 0.2035 current LCU per US$ of GDP compare
More economy & growth data for Barbados
- Real gdp growth, annual growth rate 85.61 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate -64.37 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.002 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 55.55 units per person (2025)
- SDRs holdings, SDR, annual growth rate -66.07 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0014 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 40.56 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -18.55 % change on previous year (2025)
Frequently asked questions
- What is taxes less subsidies on products (current lcu), per unit of gdp in Barbados?
- Taxes less subsidies on products (current lcu), per unit of gdp in Barbados was 0.2079 current LCU per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (current lcu), per unit of gdp recorded in Barbados?
- The highest recorded value was 0.3252 current LCU per US$ of GDP in 2004.
- What is the lowest taxes less subsidies on products (current lcu), per unit of gdp recorded in Barbados?
- The lowest recorded value was 0.1627 current LCU per US$ of GDP in 1985.
- How does Barbados rank for taxes less subsidies on products (current lcu), per unit of gdp?
- Barbados ranks 129th out of 197 countries with data for 2025.
- Is taxes less subsidies on products (current lcu), per unit of gdp rising or falling in Barbados?
- Over the last ten years it is up 3.8%. The long-run trend across the full record is flat.
- Where does this Barbados data come from?
- The figures come from Statizoid (derived), published as part of Taxes less subsidies on products (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 51 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Taxes less subsidies on products (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes less subsidies on products (current LCU) ÷ GDP (current US$)
Computed from
- Taxes less subsidies on products Country official statistics, National Statistical Organizations and/or Central Banks
- GDP 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
Taxes less subsidies on products (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.