Other taxes in Barbados
Barbados: Other taxes was 231.07 million current LCU in 2016. ▲ Rising
Other taxes in Barbados, 2003–2016
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Barbados recorded 231.07 million current LCU for other taxes in 2016. That is the highest value across all 14 years on record.
The figure is up 26.4% on the previous year and up 58.6% over ten years.
Over the whole period, other taxes in Barbados peaked at 231.07 million current LCU in 2016 and was at its lowest, 104.20 million current LCU, in 2004.
That places Barbados 101st out of 149 countries with data for 2016, putting it in the middle of the range.
The long-run direction has been consistently rising across the 14 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 156.13 million current LCU | 104.20 million current LCU | 215.90 million current LCU | 7 |
| 2010s | 190.32 million current LCU | 159.96 million current LCU | 231.07 million current LCU | 7 |
Countries ranked near Barbados
More public sector data for Barbados
- Arms imports 10.00 million SIPRI trend indicator values (2009)
- Tax revenue 23.4% (2016)
- Taxes on income, profits and capital gains 30.0% (2016)
- Taxes on goods and services 45.9% (2016)
- Net investment in nonfinancial assets 1.1% (2016)
- Net lending (+) / net borrowing (-) -4.1% (2016)
- Interest payments 25.6% (2016)
- Grants and other revenue 7.5% (2016)
- Interest payments 22.5% (2016)
- Other taxes 8.0% (2016)
Frequently asked questions
- What is other taxes in Barbados?
- Other taxes in Barbados was 231.07 million current LCU in 2016, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest other taxes recorded in Barbados?
- The highest recorded value was 231.07 million current LCU in 2016.
- What is the lowest other taxes recorded in Barbados?
- The lowest recorded value was 104.20 million current LCU in 2004.
- How does Barbados rank for other taxes?
- Barbados ranks 101st out of 149 countries with data for 2016.
- Is other taxes rising or falling in Barbados?
- Over the last ten years it is up 58.6%. The long-run trend across the full record is rising.
- Where does this Barbados data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Other taxes (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 14 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Other taxes include employer payroll or labor taxes, taxes on property, and taxes not allocable to other categories, such as penalties for late payment or nonpayment of taxes. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.