Taxes less subsidies on products in Barbados
Barbados: Taxes less subsidies on products was 833.40 million current US$ in 2025. ◆ Volatile
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$, in 1976.
Barbados ranks 137th of 198 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 57.74 million current US$ | 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
- GNI, Atlas method 7.65 billion current US$ (2025)
- GDP per capita 56,730 current LCU (2025)
- GDP per capita 23,014 constant 2015 US$ (2025)
- Inflation, consumer prices 0.8% (2025)
- Total reserves minus gold 1.65 billion current US$ (2024)
- Total reserves 1.65 billion includes gold, current US$ (2024)
- GDP per capita growth 2.6% (2025)
- GDP per capita 54,263 constant LCU (2025)
- GDP 16.03 billion current LCU (2025)
- Industry (including construction), value added 12.2% (2024)
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 137th out of 198 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.