Two sources of data on tax revenue as share of GDP in Barbados
Barbados: Two sources of data on tax revenue as share of GDP was 31.8% in 2017. ▲ Rising
Two sources of data on tax revenue as share of GDP in Barbados, 1990–2017
Source: OECD (2018) – processed by Our World in Data. Measured in %.
Analysis
Barbados recorded 31.8% for two sources of data on tax revenue as share of gdp in 2017. That is the highest value across all 28 years on record.
Compared with earlier readings it is up 7.4% on the previous year and up 8.9% over ten years.
Over the whole period, two sources of data on tax revenue as share of gdp in Barbados peaked at 31.8% in 2017 and was at its lowest, 23.2%, in 1990.
Barbados ranks 28th of 77 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 28 years of available data.
Two sources of data on tax revenue as share of GDP in Barbados, year by year
| Year | % | Change |
|---|---|---|
| 1990 | 23.2% | — |
| 1991 | 27.3% | +17.6% |
| 1992 | 26.4% | -3.3% |
| 1993 | 25.3% | -4.0% |
| 1994 | 25.3% | -0.0% |
| 1995 | 27.3% | +7.9% |
| 1996 | 26.7% | -2.3% |
| 1997 | 30.2% | +13.1% |
| 1998 | 29.3% | -3.1% |
| 1999 | 29.2% | -0.1% |
| 2000 | 30.8% | +5.4% |
| 2001 | 31.7% | +2.7% |
| 2002 | 30.0% | -5.3% |
| 2003 | 31.2% | +4.1% |
| 2004 | 31.0% | -0.8% |
| 2005 | 29.3% | -5.3% |
| 2006 | 30.3% | +3.5% |
| 2007 | 29.2% | -3.7% |
| 2008 | 30.4% | +4.1% |
| 2009 | 31.4% | +3.1% |
| 2010 | 29.8% | -4.9% |
| 2011 | 30.4% | +1.9% |
| 2012 | 31.0% | +2.1% |
| 2013 | 27.5% | -11.3% |
| 2014 | 28.1% | +2.1% |
| 2015 | 31.0% | +10.3% |
| 2016 | 29.6% | -4.3% |
| 2017 | 31.8% | +7.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 27.0% | 23.2% | 30.2% | 10 |
| 2000s | 30.5% | 29.2% | 31.7% | 10 |
| 2010s | 29.9% | 27.5% | 31.8% | 8 |
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)
- Services, value added (constant LCU), per capita 39,942 constant LCU per person (2024)
- GDP deflator (base year varies by country), annual growth rate 2.74 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 5.51 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.896 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 25,416 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 5.52 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 1.79 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 50,832 current LCU per person (2025)
Frequently asked questions
- What is two sources of data on tax revenue as share of gdp in Barbados?
- Two sources of data on tax revenue as share of gdp in Barbados was 31.8% in 2017, according to OECD (2018) – processed by Our World in Data.
- What is the highest two sources of data on tax revenue as share of gdp recorded in Barbados?
- The highest recorded value was 31.8% in 2017.
- What is the lowest two sources of data on tax revenue as share of gdp recorded in Barbados?
- The lowest recorded value was 23.2% in 1990.
- How does Barbados rank for two sources of data on tax revenue as share of gdp?
- Barbados ranks 28th out of 77 countries with data for 2017.
- Is two sources of data on tax revenue as share of gdp rising or falling in Barbados?
- Over the last ten years it is up 8.9%. The long-run trend across the full record is rising.
- Where does this Barbados data come from?
- The figures come from OECD (2018) – processed by Our World in Data, published as part of Two sources of data on tax revenue as share of GDP. Statizoid updates them automatically from the source API.
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About this data
Comparison of the OECD's Global Revenue Statistics Database and the UNU-WIDER's Global Revenue Database. Both series correspond to total taxes collected by the government as percentage of GDP.