Statizoid

Paying taxes: Time to obtain VAT refund (weeks) in Barbados

Barbados: Paying taxes: Time to obtain VAT refund (weeks) was 56.33 DB17-20 methodology in 2019. ▬ Flat

Latest (2019)
56.33 DB17-20 methodology
Change on year
unchanged
World rank
8th
of 101 countries
All-time high
56.33 DB17-20 methodology
in 2015
All-time low
56.33 DB17-20 methodology
in 2015
Years of data
5
2015–2019

Paying taxes: Time to obtain VAT refund (weeks) in Barbados, 2015–2019

02040602015201720192015: 56.3 DB17-20 methodology2016: 56.3 DB17-20 methodology2017: 56.3 DB17-20 methodology2018: 56.3 DB17-20 methodology2019: 56.3 DB17-20 methodology

Source: World Bank. Measured in DB17-20 methodology.

Analysis

Barbados recorded 56.33 DB17-20 methodology for paying taxes: time to obtain vat refund (weeks) in 2019. That is the highest value across all 5 years on record.

The figure is unchanged over five years.

That places Barbados 8th out of 101 countries with data for 2019, putting it in the top 10%.

Countries ranked near Barbados

  1. 5 Cambodia 63.88 DB17-20 methodology compare
  2. 6 Italy 62.57 DB17-20 methodology compare
  3. 7 Tunisia 62.17 DB17-20 methodology compare
  4. 9 Honduras 54.45 DB17-20 methodology compare
  5. 10 Jordan 52.9 DB17-20 methodology compare
  6. 11 Antigua and Barbuda 52.74 DB17-20 methodology compare

See the full ranking of 102 places →

More reference data data for Barbados

All data for Barbados →

Frequently asked questions

What is paying taxes: time to obtain vat refund (weeks) in Barbados?
Paying taxes: time to obtain vat refund (weeks) in Barbados was 56.33 DB17-20 methodology in 2019, according to the World Bank.
What is the highest paying taxes: time to obtain vat refund (weeks) recorded in Barbados?
The highest recorded value was 56.33 DB17-20 methodology in 2015.
What is the lowest paying taxes: time to obtain vat refund (weeks) recorded in Barbados?
The lowest recorded value was 56.33 DB17-20 methodology in 2015.
How does Barbados rank for paying taxes: time to obtain vat refund (weeks)?
Barbados ranks 8th out of 101 countries with data for 2019.
Where does this Barbados data come from?
The figures come from the World Bank, published as part of Paying taxes: Time to obtain VAT refund (weeks) (DB17-20 methodology). Statizoid updates them automatically from the source API.

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About this data

Indicator
Paying taxes: Time to obtain VAT refund (weeks) (DB17-20 methodology)
Unit
DB17-20 methodology
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
102 places, 510 data points, 2015–2019
Last refreshed

The time to obtain VAT refund measures the time from purchase of the machine to the date of submission of the refund claim (this is equal to half the filing period), the length of any mandatory period that the excess output VAT must be carried forward before a claim can be made, and the time from the submission of the VAT refund claim to the date the refund is received. If a company that requests a VAT cash refund arising from a capital purchase would be selected for additional review in 50% or more of cases, the duration of the review is included in the time to obtain a VAT refund. The component indicator is computed based on the methodology in the DB17-20 studies.