Taxes less subsidies on products (current US$) in Barbados
Barbados: Taxes less subsidies on products (current US$) was 833.40 million current US$ in 2025. ◆ Volatile
Latest (2025)
833.40 million current US$
Change on year
up 5.5%
World rank
138th
of 199 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$, in 1976.
Barbados ranks 138th of 199 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes less subsidies on products (current US$) 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% |
Barbados compared with similar countries
- Barbados's 833.40 million current US$ is below the median for high income countries, which is 9.71 billion current US$, 9% of the median. (74 countries reporting)
- Barbados's 833.40 million current US$ is below the median for Latin America & Caribbean, which is 1.67 billion current US$, 50% of the median. (38 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 57.74 million current US$ | 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)
- 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 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 138th 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 US$). 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 indicator is expressed in United States dollars.