Paying taxes: Total tax and contribution rate in Barbados

Barbados: Paying taxes: Total tax and contribution rate was 35.6% in 2019. ▬ Flat

Latest (2019)
35.6%
Change on year
up 0.8%
World rank
108th
of 190 countries
All-time high
35.6%
in 2019
All-time low
34.6%
in 2013
Years of data
9
2011–2019

Paying taxes: Total tax and contribution rate in Barbados, 2011–2019

0102030402011201520192011: 35 % of profit2012: 34.7 % of profit2013: 34.6 % of profit2014: 34.6 % of profit2015: 34.7 % of profit2016: 34.7 % of profit2017: 35.3 % of profit2018: 35.3 % of profit2019: 35.6 % of profit

Source: World Bank. Measured in % of profit.

Analysis

The most recent figure for paying taxes: total tax and contribution rate in Barbados is 35.6%, measured in 2019. That is the highest value across all 9 years on record.

Compared with earlier readings it is up 0.8% on the previous year and up 1.7% over ten years.

Over the whole period, paying taxes: total tax and contribution rate in Barbados peaked at 35.6% in 2019 and was at its lowest, 34.6%, in 2013.

Barbados ranks 108th of 190 countries on this measure, in the middle of the range.

Paying taxes: Total tax and contribution rate in Barbados, year by year

Annual values for Paying taxes: Total tax and contribution rate (% of profit) in Barbados, 2011 to 2019.
Year % of profit Change
2011 35.0%
2012 34.7% -0.9%
2013 34.6% -0.3%
2014 34.6% +0.0%
2015 34.7% +0.3%
2016 34.7% +0.0%
2017 35.3% +1.7%
2018 35.3% +0.0%
2019 35.6% +0.8%

Countries ranked near Barbados

  1. 106 Mozambique 36.1% compare
  2. 107 Eswatini 35.8% compare
  3. 109 Bhutan 35.3% compare
  4. 110 Guatemala 35.2% compare
  5. 111 Jamaica 35.1% compare

See the full ranking of 190 places →

More reference data data for Barbados

All data for Barbados →

Frequently asked questions

What is paying taxes: total tax and contribution rate in Barbados?
Paying taxes: total tax and contribution rate in Barbados was 35.6% in 2019, according to the World Bank.
What is the highest paying taxes: total tax and contribution rate recorded in Barbados?
The highest recorded value was 35.6% in 2019.
What is the lowest paying taxes: total tax and contribution rate recorded in Barbados?
The lowest recorded value was 34.6% in 2013.
How does Barbados rank for paying taxes: total tax and contribution rate?
Barbados ranks 108th out of 190 countries with data for 2019.
Is paying taxes: total tax and contribution rate rising or falling in Barbados?
Over the last ten years it is up 1.7%. The long-run trend across the full record is flat.
Where does this Barbados data come from?
The figures come from the World Bank, published as part of Paying taxes: Total tax and contribution rate (% of profit). Statizoid updates them automatically from the source API.

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Paying taxes: Total tax and contribution rate in Barbados. Statizoid. Retrieved 10 September 2026, from https://reference.statizoid.com/stat/paying-taxes-total-tax-and-contribution-rate-percent-of-profit/barbados/

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About this data

Indicator
Paying taxes: Total tax and contribution rate (% of profit)
Unit
% of profit
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
190 places, 2,789 data points, 2005–2019
Last refreshed

The total tax and contribution rate measures the amount of taxes and mandatory contributions borne by the business in the second year of operation, expressed as a share of commercial pro?t. The total amount of taxes and contributions borne is the sum of all the different taxes and contributions payable after accounting for allowable deductions and exemptions. The taxes withheld (such as personal income tax) or collected by the company and remitted to the tax authorities (such as VAT, sales tax or goods and service tax) but not borne by the company are excluded.