Tax revenue (% of GDP) in Barbados in 2016 — 23.38%. Ranked 22 in the world out of 144. Since 2003, the indicator has fallen by 1.86 pp.
2003–2016 · % of GDP
How the value compares with the world and the groups this territory belongs to: Barbados
| Year | % | Change, pp |
|---|---|---|
| 2016 | 23.38 | +2.38 pp |
| 2015 | 21.01 | +1.58 pp |
| 2014 | 19.43 | +0.36 pp |
| 2013 | 19.06 | −1.5 pp |
| 2012 | 20.56 | −1.17 pp |
| 2011 | 21.73 | +1.11 pp |
| 2010 | 20.62 | −4.09 pp |
| 2009 | 24.71 | −0.69 pp |
| 2008 | 25.4 | −0.55 pp |
| 2007 | 25.95 | +0.66 pp |
| 2006 | 25.29 | −1.45 pp |
| 2005 | 26.73 | +0.96 pp |
| 2004 | 25.77 | +0.53 pp |
| 2003 | 25.24 | — |
The same indicator for neighboring countries — with links to their pages
Central government tax revenue as a percent of GDP, excluding compulsory social contributions and revenue from fines and penalties. A level of 15% of GDP is considered the minimum threshold at which a state is able to provide basic services and infrastructure.
Important: Only the central budget is counted — in federal states the overall tax burden is substantially higher.
Source: World Development Indicators (World Bank), license CC BY 4.0.
How much the state collects in a year — all revenue except foreign grants.
Public Finance Government expenseHow much the state spends in a year — including wages, pensions, benefits and interest on debt.
Public Finance Government debtGross general government debt as a percent of GDP.
