Taxes on goods and services gdp in Barbados
Barbados: Taxes on goods and services gdp was 11.2 in 2018. ▲ Rising
Latest (2018)
11.2
Change on year
down 8.2%
World rank
51st
of 186 countries
All-time high
12.36
in 2016
All-time low
4.69
in 1981
Years of data
38
1981–2018
Taxes on goods and services gdp in Barbados, 1981–2018
Source: Our World in Data.
Analysis
In 2018, taxes on goods and services gdp in Barbados stood at 11.2.
Compared with earlier readings it is down 8.2% on the previous year and up 10.0% over ten years.
Over the whole period, taxes on goods and services gdp in Barbados peaked at 12.36 in 2016 and was at its lowest, 4.69, in 1981.
Barbados ranks 51st of 186 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 38 years of available data.
Taxes on goods and services gdp in Barbados, year by year
| Year | Value | Change |
|---|---|---|
| 1981 | 4.69 | — |
| 1982 | 5.02 | +7.0% |
| 1983 | 5 | -0.4% |
| 1984 | 5.36 | +7.3% |
| 1985 | 5.55 | +3.5% |
| 1986 | 5.32 | -4.2% |
| 1987 | 5.5 | +3.5% |
| 1988 | 6.03 | +9.5% |
| 1989 | 6.52 | +8.2% |
| 1990 | 7.89 | +21.1% |
| 1991 | 6.96 | -11.8% |
| 1992 | 8.34 | +19.9% |
| 1993 | 7.85 | -6.0% |
| 1994 | 8.5 | +8.3% |
| 1995 | 8.66 | +1.9% |
| 1996 | 8.96 | +3.4% |
| 1997 | 9.16 | +2.3% |
| 1998 | 11.83 | +29.1% |
| 1999 | 11.65 | -1.5% |
| 2000 | 10.99 | -5.7% |
| 2001 | 11.36 | +3.4% |
| 2002 | 11.14 | -1.9% |
| 2003 | 10.7 | -4.0% |
| 2004 | 11.7 | +9.4% |
| 2005 | 11.64 | -0.5% |
| 2006 | 10.51 | -9.7% |
| 2007 | 10.34 | -1.6% |
| 2008 | 10.18 | -1.5% |
| 2009 | 9.9 | -2.8% |
| 2010 | 10.48 | +5.9% |
| 2011 | 12.11 | +15.5% |
| 2012 | 10.94 | -9.7% |
| 2013 | 10.79 | -1.4% |
| 2014 | 9.91 | -8.1% |
| 2015 | 11.6 | +17.1% |
| 2016 | 12.36 | +6.5% |
| 2017 | 12.2 | -1.3% |
| 2018 | 11.2 | -8.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 5.44 | 4.69 | 6.52 | 9 |
| 1990s | 8.98 | 6.96 | 11.83 | 10 |
| 2000s | 10.85 | 9.9 | 11.7 | 10 |
| 2010s | 11.29 | 9.91 | 12.36 | 9 |
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 on goods and services gdp in Barbados?
- Taxes on goods and services gdp in Barbados was 11.2 in 2018, according to Our World in Data.
- What is the highest taxes on goods and services gdp recorded in Barbados?
- The highest recorded value was 12.36 in 2016.
- What is the lowest taxes on goods and services gdp recorded in Barbados?
- The lowest recorded value was 4.69 in 1981.
- How does Barbados rank for taxes on goods and services gdp?
- Barbados ranks 51st out of 186 countries with data for 2018.
- Is taxes on goods and services gdp rising or falling in Barbados?
- Over the last ten years it is up 10.0%. The long-run trend across the full record is rising.
- Where does this Barbados data come from?
- The figures come from Our World in Data, published as part of Taxes on goods and services gdp. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 38 observations, free to reuse under CC BY 4.0 (Our World in Data).