Taxes less subsidies on products (current US$), per unit of GDP in Barbados
Barbados: Taxes less subsidies on products (current US$), per unit of GDP was 0.104 current US$ per US$ of GDP in 2025. ▬ Flat
Taxes less subsidies on products (current US$), per unit of GDP in Barbados, 1975–2025
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
Barbados recorded 0.104 current US$ per US$ of GDP for taxes less subsidies on products (current us$), per unit of gdp in 2025.
Compared with earlier readings it is up 3.8% over ten years.
Over the whole period, taxes less subsidies on products (current us$), per unit of gdp in Barbados peaked at 0.1626 current US$ per US$ of GDP in 2004 and was at its lowest, 0.0809 current US$ per US$ of GDP, in 1985.
That places Barbados 71st out of 197 countries with data for 2025, putting it in the middle of the range.
Taxes less subsidies on products (current US$), per unit of GDP in Barbados, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1975 | 0.1376 current US$ per US$ of GDP | — |
| 1976 | 0.0978 current US$ per US$ of GDP | -28.9% |
| 1977 | 0.1042 current US$ per US$ of GDP | +6.5% |
| 1978 | 0.1148 current US$ per US$ of GDP | +10.2% |
| 1979 | 0.1129 current US$ per US$ of GDP | -1.6% |
| 1980 | 0.0956 current US$ per US$ of GDP | -15.3% |
| 1981 | 0.0885 current US$ per US$ of GDP | -7.4% |
| 1982 | 0.0879 current US$ per US$ of GDP | -0.7% |
| 1983 | 0.086 current US$ per US$ of GDP | -2.2% |
| 1984 | 0.0842 current US$ per US$ of GDP | -2.0% |
| 1985 | 0.0809 current US$ per US$ of GDP | -4.0% |
| 1986 | 0.112 current US$ per US$ of GDP | +38.5% |
| 1987 | 0.121 current US$ per US$ of GDP | +8.0% |
| 1988 | 0.1184 current US$ per US$ of GDP | -2.2% |
| 1989 | 0.1283 current US$ per US$ of GDP | +8.3% |
| 1990 | 0.1066 current US$ per US$ of GDP | -16.9% |
| 1991 | 0.1068 current US$ per US$ of GDP | +0.2% |
| 1992 | 0.1134 current US$ per US$ of GDP | +6.2% |
| 1993 | 0.1222 current US$ per US$ of GDP | +7.7% |
| 1994 | 0.1191 current US$ per US$ of GDP | -2.5% |
| 1995 | 0.1318 current US$ per US$ of GDP | +10.7% |
| 1996 | 0.127 current US$ per US$ of GDP | -3.7% |
| 1997 | 0.1372 current US$ per US$ of GDP | +8.0% |
| 1998 | 0.1592 current US$ per US$ of GDP | +16.0% |
| 1999 | 0.1575 current US$ per US$ of GDP | -1.0% |
| 2000 | 0.1525 current US$ per US$ of GDP | -3.2% |
| 2001 | 0.1615 current US$ per US$ of GDP | +5.9% |
| 2002 | 0.1528 current US$ per US$ of GDP | -5.4% |
| 2003 | 0.1599 current US$ per US$ of GDP | +4.6% |
| 2004 | 0.1626 current US$ per US$ of GDP | +1.7% |
| 2005 | 0.1625 current US$ per US$ of GDP | -0.1% |
| 2006 | 0.1201 current US$ per US$ of GDP | -26.1% |
| 2007 | 0.1382 current US$ per US$ of GDP | +15.1% |
| 2008 | 0.1306 current US$ per US$ of GDP | -5.5% |
| 2009 | 0.1169 current US$ per US$ of GDP | -10.5% |
| 2010 | 0.0912 current US$ per US$ of GDP | -22.0% |
| 2011 | 0.0851 current US$ per US$ of GDP | -6.6% |
| 2012 | 0.1021 current US$ per US$ of GDP | +19.9% |
| 2013 | 0.0887 current US$ per US$ of GDP | -13.2% |
| 2014 | 0.0897 current US$ per US$ of GDP | +1.2% |
| 2015 | 0.1001 current US$ per US$ of GDP | +11.6% |
| 2016 | 0.0995 current US$ per US$ of GDP | -0.6% |
| 2017 | 0.1081 current US$ per US$ of GDP | +8.6% |
| 2018 | 0.1093 current US$ per US$ of GDP | +1.2% |
| 2019 | 0.1076 current US$ per US$ of GDP | -1.5% |
| 2020 | 0.102 current US$ per US$ of GDP | -5.3% |
| 2021 | 0.1056 current US$ per US$ of GDP | +3.5% |
| 2022 | 0.1003 current US$ per US$ of GDP | -5.0% |
| 2023 | 0.1056 current US$ per US$ of GDP | +5.2% |
| 2024 | 0.104 current US$ per US$ of GDP | -1.5% |
| 2025 | 0.104 current US$ per US$ of GDP | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.1135 current US$ per US$ of GDP | 0.0978 current US$ per US$ of GDP | 0.1376 current US$ per US$ of GDP | 5 |
| 1980s | 0.1003 current US$ per US$ of GDP | 0.0809 current US$ per US$ of GDP | 0.1283 current US$ per US$ of GDP | 10 |
| 1990s | 0.1281 current US$ per US$ of GDP | 0.1066 current US$ per US$ of GDP | 0.1592 current US$ per US$ of GDP | 10 |
| 2000s | 0.1458 current US$ per US$ of GDP | 0.1169 current US$ per US$ of GDP | 0.1626 current US$ per US$ of GDP | 10 |
| 2010s | 0.0982 current US$ per US$ of GDP | 0.0851 current US$ per US$ of GDP | 0.1093 current US$ per US$ of GDP | 10 |
| 2020s | 0.1036 current US$ per US$ of GDP | 0.1003 current US$ per US$ of GDP | 0.1056 current US$ per US$ of GDP | 6 |
Countries ranked near Barbados
- 68 Slovakia 0.105 current US$ per US$ of GDP compare
- 69 Senegal 0.1044 current US$ per US$ of GDP compare
- 70 Sweden 0.1044 current US$ per US$ of GDP compare
- 72 Mozambique 0.1032 current US$ per US$ of GDP compare
- 73 Jordan 0.103 current US$ per US$ of GDP compare
- 74 New Caledonia 0.103 current US$ per US$ of GDP 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$), per unit of gdp in Barbados?
- Taxes less subsidies on products (current us$), per unit of gdp in Barbados was 0.104 current US$ per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (current us$), per unit of gdp recorded in Barbados?
- The highest recorded value was 0.1626 current US$ per US$ of GDP in 2004.
- What is the lowest taxes less subsidies on products (current us$), per unit of gdp recorded in Barbados?
- The lowest recorded value was 0.0809 current US$ per US$ of GDP in 1985.
- How does Barbados rank for taxes less subsidies on products (current us$), per unit of gdp?
- Barbados ranks 71st out of 197 countries with data for 2025.
- Is taxes less subsidies on products (current us$), 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 US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Taxes less subsidies on products (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes less subsidies on products (current US$) ÷ GDP (current US$)
Computed from
- Taxes less subsidies on products Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Taxes less subsidies on products (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.