Taxes less subsidies on products (current US$), annual growth rate in Barbados
Barbados: Taxes less subsidies on products (current US$), annual growth rate was 5.51 % change on previous year in 2025. ◆ Volatile
Taxes less subsidies on products (current US$), annual growth rate in Barbados, 1976–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Barbados recorded 5.51 % change on previous year for taxes less subsidies on products (current us$), annual growth rate in 2025.
That represents a change of up 55.0% on the previous year and down 53.6% over ten years.
Over the whole period, taxes less subsidies on products (current us$), annual growth rate in Barbados peaked at 52.07 % change on previous year in 1986 and was at its lowest, -22.95 % change on previous year, in 1976.
Barbados ranks 131st of 197 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes less subsidies on products (current US$), annual growth rate in Barbados, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1976 | -22.95 % change on previous year | — |
| 1977 | 20.97 % change on previous year | -191.3% |
| 1978 | 23.01 % change on previous year | +9.7% |
| 1979 | 19.26 % change on previous year | -16.3% |
| 1980 | 27.92 % change on previous year | +44.9% |
| 1981 | 1.9 % change on previous year | -93.2% |
| 1982 | 3.73 % change on previous year | +96.3% |
| 1983 | 3.84 % change on previous year | +2.9% |
| 1984 | 6.78 % change on previous year | +76.7% |
| 1985 | 0.4821 % change on previous year | -92.9% |
| 1986 | 52.07 % change on previous year | +10700.6% |
| 1987 | 18.96 % change on previous year | -63.6% |
| 1988 | 4.05 % change on previous year | -78.6% |
| 1989 | 19.9 % change on previous year | +391.4% |
| 1990 | -16.62 % change on previous year | -183.5% |
| 1991 | 0.5794 % change on previous year | -103.5% |
| 1992 | 2.88 % change on previous year | +397.4% |
| 1993 | 13.55 % change on previous year | +370.1% |
| 1994 | 1.66 % change on previous year | -87.8% |
| 1995 | 14.05 % change on previous year | +748.0% |
| 1996 | 2.69 % change on previous year | -80.9% |
| 1997 | 14.2 % change on previous year | +428.3% |
| 1998 | 30.83 % change on previous year | +117.1% |
| 1999 | 3.69 % change on previous year | -88.0% |
| 2000 | 0.3499 % change on previous year | -90.5% |
| 2001 | 5.77 % change on previous year | +1547.6% |
| 2002 | -3.78 % change on previous year | -165.6% |
| 2003 | 8.11 % change on previous year | -314.5% |
| 2004 | 9.1 % change on previous year | +12.2% |
| 2005 | 10.82 % change on previous year | +18.9% |
| 2006 | -18.4 % change on previous year | -270.1% |
| 2007 | 27.56 % change on previous year | -249.8% |
| 2008 | -3.15 % change on previous year | -111.4% |
| 2009 | -16.54 % change on previous year | +425.9% |
| 2010 | -5.21 % change on previous year | -68.5% |
| 2011 | -4.29 % change on previous year | -17.7% |
| 2012 | 18.27 % change on previous year | -525.9% |
| 2013 | -10.41 % change on previous year | -156.9% |
| 2014 | 1.63 % change on previous year | -115.7% |
| 2015 | 11.89 % change on previous year | +627.3% |
| 2016 | -0.9951 % change on previous year | -108.4% |
| 2017 | 11.8 % change on previous year | -1285.8% |
| 2018 | 3.81 % change on previous year | -67.7% |
| 2019 | 1.21 % change on previous year | -68.4% |
| 2020 | -16.99 % change on previous year | -1509.5% |
| 2021 | 14.01 % change on previous year | -182.5% |
| 2022 | 9.98 % change on previous year | -28.7% |
| 2023 | 10.39 % change on previous year | +4.1% |
| 2024 | 3.56 % change on previous year | -65.8% |
| 2025 | 5.51 % change on previous year | +55.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 10.07 % change on previous year | -22.95 % change on previous year | 23.01 % change on previous year | 4 |
| 1980s | 13.96 % change on previous year | 0.4821 % change on previous year | 52.07 % change on previous year | 10 |
| 1990s | 6.75 % change on previous year | -16.62 % change on previous year | 30.83 % change on previous year | 10 |
| 2000s | 1.98 % change on previous year | -18.4 % change on previous year | 27.56 % change on previous year | 10 |
| 2010s | 2.77 % change on previous year | -10.41 % change on previous year | 18.27 % change on previous year | 10 |
| 2020s | 4.41 % change on previous year | -16.99 % change on previous year | 14.01 % change on previous year | 6 |
Countries ranked near Barbados
- 128 Iceland 5.83 % change on previous year compare
- 129 Georgia 5.8 % change on previous year compare
- 130 Peru 5.75 % change on previous year compare
- 132 Uruguay 5.25 % change on previous year compare
- 133 Saint Kitts and Nevis 5.17 % change on previous year compare
- 134 Gambia 5.07 % 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)
- Agriculture, forestry, and fishing, value added (current LCU), annual -1.03 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (current LCU), per 0.0311 current LCU per US$ of GDP (2024)
- Agriculture, forestry, and fishing, value added (current LCU), per 836.37 current LCU per person (2024)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) -4.25 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 0.0122 constant 2015 US$ per US$ of GDP (2024)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 327.59 constant 2015 US$ per person (2024)
- Agriculture, forestry, and fishing, value added (constant LCU) -4.25 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (constant LCU), per 0.0301 constant LCU per US$ of GDP (2024)
Frequently asked questions
- What is taxes less subsidies on products (current us$), annual growth rate in Barbados?
- Taxes less subsidies on products (current us$), annual growth rate in Barbados was 5.51 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (current us$), annual growth rate recorded in Barbados?
- The highest recorded value was 52.07 % change on previous year in 1986.
- What is the lowest taxes less subsidies on products (current us$), annual growth rate recorded in Barbados?
- The lowest recorded value was -22.95 % change on previous year in 1976.
- How does Barbados rank for taxes less subsidies on products (current us$), annual growth rate?
- Barbados ranks 131st out of 197 countries with data for 2025.
- Is taxes less subsidies on products (current us$), annual growth rate rising or falling in Barbados?
- Over the last ten years it is down 53.6%. 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 (current US$), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Taxes less subsidies on products (current US$). 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 (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.