Barbados—Taxes on Income, Profits & Capital Gains (% of rev)
Latest Value
30.0%
2016
YoY Change
+1.1%
2015 → 2016
Maximum
37.0%
2007
Minimum
27.6%
2013
CAGR
-0.8%
14 years
Last
30.0%
Previous
29.7%
Highest
37.0%
Lowest
27.6%
Unit
% of revenue
Source
World Bank World Development Indicators
Barbados's taxes on income, profits & capital gains (% of rev) was 30.0% in 2016. This represents a +1.1% change from 2015. Over the past 14 years, the highest recorded value was 37.0% (2007) and the lowest was 27.6% (2013). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2016 | 30.0% | +1.1% |
| 2015 | 29.7% | +2.6% |
| 2014 | 28.9% | +4.6% |
| 2013 | 27.6% | -10.1% |
| 2012 | 30.7% | +3.5% |
| 2011 | 29.7% | -6.1% |
| 2010 | 31.6% | -1.9% |
| 2009 | 32.3% | -5.7% |
| 2008 | 34.2% | -7.4% |
| 2007 | 37.0% | +0.5% |
| 2006 | 36.8% | +9.0% |
| 2005 | 33.8% | +12.1% |
| 2004 | 30.1% | -9.0% |
| 2003 | 33.1% |
Top Countries — Taxes on Income, Profits & Capital Gains (% of rev)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Australia | 67.9% | 2022 |
| 2 | Papua New Guinea | 59.4% | 2024 |
| 3 | New Zealand | 56.7% | 2024 |
| 4 | United States | 56.3% | 2024 |
| 5 | Canada | 53.9% | 2024 |
| 6 | Denmark | 51.4% | 2024 |
| 7 | South Africa | 50.8% | 2024 |
| 8 | Malaysia | 47.6% | 2024 |
| 9 | Ireland | 45.2% | 2024 |
| 10 | Malta | 41.7% | 2024 |
About This Indicator
Definition
Taxes on income, profits, and capital gains are taxes payable on the actual or presumed incomes, profits and capital gains. This indicator is expressed as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.
Methodology
Data compiled by Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
Unit
% of revenue