Taxes less subsidies on products in Barbados
Barbados: Taxes less subsidies on products was 833.40 million current US$ in 2025. ◆ Volatile
Latest (2025)
833.40 million current US$
Change on year
up 5.5%
World rank
137th
of 197 countries
All-time high
833.40 million current US$
in 2025
All-time low
42.64 million current US$
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 US$.
Analysis
The most recent figure for taxes less subsidies on products in Barbados is 833.40 million current US$, measured 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 833.40 million current US$ in 2025 and was at its lowest, 42.64 million current US$, in 1976.
Barbados ranks 137th of 197 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes less subsidies on products in Barbados, year by year
| Year | current US$ | Change |
|---|---|---|
| 1975 | 55.34 million current US$ | — |
| 1976 | 42.64 million current US$ | -23.0% |
| 1977 | 51.58 million current US$ | +21.0% |
| 1978 | 63.45 million current US$ | +23.0% |
| 1979 | 75.67 million current US$ | +19.3% |
| 1980 | 96.80 million current US$ | +27.9% |
| 1981 | 98.64 million current US$ | +1.9% |
| 1982 | 102.32 million current US$ | +3.7% |
| 1983 | 106.25 million current US$ | +3.8% |
| 1984 | 113.46 million current US$ | +6.8% |
| 1985 | 114.01 million current US$ | +0.5% |
| 1986 | 173.37 million current US$ | +52.1% |
| 1987 | 206.24 million current US$ | +19.0% |
| 1988 | 214.59 million current US$ | +4.1% |
| 1989 | 257.30 million current US$ | +19.9% |
| 1990 | 214.54 million current US$ | -16.6% |
| 1991 | 215.78 million current US$ | +0.6% |
| 1992 | 222.00 million current US$ | +2.9% |
| 1993 | 252.08 million current US$ | +13.5% |
| 1994 | 256.25 million current US$ | +1.7% |
| 1995 | 292.25 million current US$ | +14.0% |
| 1996 | 300.10 million current US$ | +2.7% |
| 1997 | 342.71 million current US$ | +14.2% |
| 1998 | 448.37 million current US$ | +30.8% |
| 1999 | 464.92 million current US$ | +3.7% |
| 2000 | 466.55 million current US$ | +0.3% |
| 2001 | 493.45 million current US$ | +5.8% |
| 2002 | 474.80 million current US$ | -3.8% |
| 2003 | 513.30 million current US$ | +8.1% |
| 2004 | 560.00 million current US$ | +9.1% |
| 2005 | 620.60 million current US$ | +10.8% |
| 2006 | 506.40 million current US$ | -18.4% |
| 2007 | 645.98 million current US$ | +27.6% |
| 2008 | 625.66 million current US$ | -3.1% |
| 2009 | 522.17 million current US$ | -16.5% |
| 2010 | 494.94 million current US$ | -5.2% |
| 2011 | 473.70 million current US$ | -4.3% |
| 2012 | 560.27 million current US$ | +18.3% |
| 2013 | 501.96 million current US$ | -10.4% |
| 2014 | 510.17 million current US$ | +1.6% |
| 2015 | 570.81 million current US$ | +11.9% |
| 2016 | 565.13 million current US$ | -1.0% |
| 2017 | 631.82 million current US$ | +11.8% |
| 2018 | 655.89 million current US$ | +3.8% |
| 2019 | 663.79 million current US$ | +1.2% |
| 2020 | 551.04 million current US$ | -17.0% |
| 2021 | 628.22 million current US$ | +14.0% |
| 2022 | 690.93 million current US$ | +10.0% |
| 2023 | 762.72 million current US$ | +10.4% |
| 2024 | 789.85 million current US$ | +3.6% |
| 2025 | 833.40 million current US$ | +5.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 57.74 million current US$ | 42.64 million current US$ | 75.67 million current US$ | 5 |
| 1980s | 148.30 million current US$ | 96.80 million current US$ | 257.30 million current US$ | 10 |
| 1990s | 300.90 million current US$ | 214.54 million current US$ | 464.92 million current US$ | 10 |
| 2000s | 542.89 million current US$ | 466.55 million current US$ | 645.98 million current US$ | 10 |
| 2010s | 562.85 million current US$ | 473.70 million current US$ | 663.79 million current US$ | 10 |
| 2020s | 709.36 million current US$ | 551.04 million current US$ | 833.40 million current US$ | 6 |
Countries ranked near Barbados
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)
- GNI (current LCU), annual growth rate 5.11 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 1.92 current LCU per US$ of GDP (2025)
- GNI (current LCU), per capita 54,417 current LCU per person (2025)
- Net primary income (Net income from abroad) (current US$), annual -16.17 % change on previous year (2025)
- Net primary income (Net income from abroad) (current LCU), annual -16.17 % change on previous year (2025)
- Taxes less subsidies on products (current US$), annual growth rate 5.51 % change on previous year (2025)
- Taxes less subsidies on products (current US$), per unit of GDP 0.104 current US$ per US$ of GDP (2025)
- Taxes less subsidies on products (current US$), per capita 2,949 current US$ per person (2025)
Frequently asked questions
- What is taxes less subsidies on products in Barbados?
- Taxes less subsidies on products in Barbados was 833.40 million current US$ 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 833.40 million current US$ in 2025.
- What is the lowest taxes less subsidies on products recorded in Barbados?
- The lowest recorded value was 42.64 million current US$ in 1976.
- How does Barbados rank for taxes less subsidies on products?
- Barbados ranks 137th 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 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 51 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 indicator is expressed in United States dollars.