Taxes less subsidies on products in Barbados
Barbados: Taxes less subsidies on products was 1.67 billion current LCU in 2025. ◆ Volatile
Latest (2025)
1.67 billion current LCU
Change on year
up 5.5%
World rank
160th
of 197 countries
All-time high
1.67 billion current LCU
in 2025
All-time low
85.44 million current LCU
in 1976
Years of data
51
1975–2025
Taxes less subsidies on products in Barbados, 1975–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
Barbados recorded 1.67 billion current LCU for taxes less subsidies on products in 2025. That is the highest value across all 51 years on record.
Compared with earlier readings it is up 5.5% on the previous year and up 46.0% over ten years.
Over the whole period, taxes less subsidies on products in Barbados peaked at 1.67 billion current LCU in 2025 and was at its lowest, 85.44 million current LCU, in 1976.
Barbados ranks 160th of 197 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes less subsidies on products in Barbados, year by year
| Year | current LCU | Change |
|---|---|---|
| 1975 | 111.80 million current LCU | — |
| 1976 | 85.44 million current LCU | -23.6% |
| 1977 | 103.51 million current LCU | +21.1% |
| 1978 | 127.61 million current LCU | +23.3% |
| 1979 | 152.20 million current LCU | +19.3% |
| 1980 | 194.70 million current LCU | +27.9% |
| 1981 | 198.40 million current LCU | +1.9% |
| 1982 | 205.80 million current LCU | +3.7% |
| 1983 | 213.70 million current LCU | +3.8% |
| 1984 | 228.20 million current LCU | +6.8% |
| 1985 | 229.30 million current LCU | +0.5% |
| 1986 | 348.70 million current LCU | +52.1% |
| 1987 | 414.80 million current LCU | +19.0% |
| 1988 | 431.60 million current LCU | +4.1% |
| 1989 | 517.50 million current LCU | +19.9% |
| 1990 | 431.50 million current LCU | -16.6% |
| 1991 | 434.00 million current LCU | +0.6% |
| 1992 | 444.00 million current LCU | +2.3% |
| 1993 | 507.00 million current LCU | +14.2% |
| 1994 | 515.40 million current LCU | +1.7% |
| 1995 | 587.80 million current LCU | +14.0% |
| 1996 | 603.60 million current LCU | +2.7% |
| 1997 | 689.30 million current LCU | +14.2% |
| 1998 | 901.80 million current LCU | +30.8% |
| 1999 | 935.10 million current LCU | +3.7% |
| 2000 | 933.10 million current LCU | -0.2% |
| 2001 | 986.90 million current LCU | +5.8% |
| 2002 | 949.60 million current LCU | -3.8% |
| 2003 | 1.03 billion current LCU | +8.1% |
| 2004 | 1.12 billion current LCU | +9.1% |
| 2005 | 1.24 billion current LCU | +10.8% |
| 2006 | 1.01 billion current LCU | -18.4% |
| 2007 | 1.29 billion current LCU | +27.6% |
| 2008 | 1.25 billion current LCU | -3.1% |
| 2009 | 1.04 billion current LCU | -16.5% |
| 2010 | 989.87 million current LCU | -5.2% |
| 2011 | 947.40 million current LCU | -4.3% |
| 2012 | 1.12 billion current LCU | +18.3% |
| 2013 | 1.00 billion current LCU | -10.4% |
| 2014 | 1.02 billion current LCU | +1.6% |
| 2015 | 1.14 billion current LCU | +11.9% |
| 2016 | 1.13 billion current LCU | -1.0% |
| 2017 | 1.26 billion current LCU | +11.8% |
| 2018 | 1.31 billion current LCU | +3.8% |
| 2019 | 1.33 billion current LCU | +1.2% |
| 2020 | 1.10 billion current LCU | -17.0% |
| 2021 | 1.26 billion current LCU | +14.0% |
| 2022 | 1.38 billion current LCU | +10.0% |
| 2023 | 1.53 billion current LCU | +10.4% |
| 2024 | 1.58 billion current LCU | +3.6% |
| 2025 | 1.67 billion current LCU | +5.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 116.11 million current LCU | 85.44 million current LCU | 152.20 million current LCU | 5 |
| 1980s | 298.27 million current LCU | 194.70 million current LCU | 517.50 million current LCU | 10 |
| 1990s | 604.95 million current LCU | 431.50 million current LCU | 935.10 million current LCU | 10 |
| 2000s | 1.09 billion current LCU | 933.10 million current LCU | 1.29 billion current LCU | 10 |
| 2010s | 1.13 billion current LCU | 947.40 million current LCU | 1.33 billion current LCU | 10 |
| 2020s | 1.42 billion current LCU | 1.10 billion current LCU | 1.67 billion current LCU | 6 |
Countries ranked near Barbados
- 157 Malta 2.00 billion current LCU compare
- 158 Bahamas 1.95 billion current LCU compare
- 159 Montenegro 1.80 billion current LCU compare
- 161 Sao Tome and Principe 1.42 billion current LCU compare
- 162 Saint Lucia 992.80 million current LCU compare
- 163 Curacao 971.40 million current LCU 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)
- GDP (current US$), annual growth rate 5.51 % change on previous year (2025)
- GDP (current US$), per capita 28,365 current US$ per person (2025)
- GDP (current LCU), annual growth rate 5.51 % change on previous year (2025)
- GDP (current LCU), per unit of GDP 2 current LCU per US$ of GDP (2025)
- GDP (current LCU), per capita 56,730 current LCU per person (2025)
- GDP (constant 2015 US$), annual growth rate 2.7 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.8114 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 23,014 constant 2015 US$ per person (2025)
Frequently asked questions
- What is taxes less subsidies on products in Barbados?
- Taxes less subsidies on products in Barbados was 1.67 billion current LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest taxes less subsidies on products recorded in Barbados?
- The highest recorded value was 1.67 billion current LCU in 2025.
- What is the lowest taxes less subsidies on products recorded in Barbados?
- The lowest recorded value was 85.44 million current LCU in 1976.
- How does Barbados rank for taxes less subsidies on products?
- Barbados ranks 160th out of 197 countries with data for 2025.
- Is taxes less subsidies on products rising or falling in Barbados?
- Over the last ten years it is up 46.0%. The long-run trend across the full record is volatile.
- Where does this Barbados data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Taxes less subsidies on products (current LCU). Statizoid updates them automatically from the source API.
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About this data
Taxes less subsidies on products are taxes payable per unit of a good or service. 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.