Taxes less subsidies on products (current LCU) in Barbados
Barbados: Taxes less subsidies on products (current LCU) was 1.67 billion current LCU in 2025. ◆ Volatile
Latest (2025)
1.67 billion current LCU
Change on year
up 5.5%
World rank
161st
of 199 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 161st of 199 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 (current LCU) 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% |
Barbados compared with similar countries
- Barbados's 1.67 billion current LCU is below the median for high income countries, which is 26.91 billion current LCU, 6% of the median. (74 countries reporting)
- Barbados's 1.67 billion current LCU is below the median for Latin America & Caribbean, which is 10.36 billion current LCU, 16% of the median. (38 countries reporting)
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
- 158 Malta 2.00 billion current LCU compare
- 159 Bahamas 1.95 billion current LCU compare
- 160 Montenegro 1.80 billion current LCU compare
- 162 Sao Tome and Principe 1.42 billion current LCU compare
- 163 Saint Lucia 992.80 million current LCU compare
- 164 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)
- 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)
- IMF holdings of currency, US dollar, per unit of GDP 0.0583 units per US$ of GDP (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 161st out of 199 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.