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.

Taxes less subsidies on products (current US$), per unit of GDP (unit) in Barbados

Name: Taxes less subsidies on products (current US$), per unit of GDP (unit) in Barbados
Creator: Statizoid (derived)
License: Derived by Statizoid from the sources named on the page

Barbados: Taxes less subsidies on products (current US$), per unit of GDP (unit) was 0.104 current US$ per US$ of GDP in 2025. ▬ Flat

Latest (2025)

0.104 current US$ per US$ of GDP

Change on year

down 0.0%

World rank

71st

of 197 countries

All-time high

0.1626 current US$ per US$ of GDP

in 2004

All-time low

0.0809 current US$ per US$ of GDP

in 1985

Years of data

1975–2025

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 (unit) in Barbados, year by year

Annual values for Taxes less subsidies on products (current US$), per unit of GDP in Barbados, 1975 to 2025.
Year	current US$ 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%

Barbados compared with similar countries

Barbados's 0.104 current US$ per US$ of GDP is above the median for high income countries, which is 0.0948 current US$ per US$ of GDP, 1.1× the median. (74 countries reporting)
Barbados's 0.104 current US$ per US$ of GDP is above the median for Latin America & Caribbean, which is 0.097 current US$ per US$ of GDP, 1.1× the median. (38 countries reporting)

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

See the full ranking of 198 places →

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)

All data for Barbados →

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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Taxes less subsidies on products (current US$), per unit of GDP in Barbados. Statizoid, drawing on Statizoid (derived). Retrieved 07 November 2026, from https://economy.statizoid.com/stat/taxes-less-subsidies-on-products-current-us-per-unit-of-gdp/barbados/

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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

Indicator: Taxes less subsidies on products (current US$), per unit of GDP
Unit: current US$ per US$ of GDP
Source: Statizoid (derived)
Licence: Derived by Statizoid from the sources named on the page
Coverage: 198 places, 8,406 data points, 1960–2025
Last refreshed: 21 August 2026

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.