Tax revenue in Barbados

Central government tax revenue in Barbados was equal to 23.4% of GDP in 2016. The value for 2016 is the highest since 2009.

Measure: Tax revenue as a share of GDP (central government) Unit: % of GDP Data: 2003 to 2016 Source: World Bank
The latest value for Barbados is for 2016. Most countries have figures for 2022.
Barbados, 2016 23.4% % of GDP
Change from 2015 +2.4percentage points 2015: 21.0%
World, 2016 13.9% Official aggregate

Tax revenue in Barbados over time

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Barbados World ×

% of GDP. Source: World Bank, World Development Indicators. Gaps mean no published value; points are not joined across missing years.

Tax revenue as a share of GDP (central government) (% of GDP), 2002 to 2024
Period BarbadosWorld
2024 – 13.9%
2023 – 13.9%
2022 – 14.5%
2021 – 14.3%
2020 – 13.7%
2019 – 13.8%
2018 – 13.9%
2017 – 14.2%
2016 23.4% 13.9%
2015 21.0% 14.0%
2014 19.4% 14.0%
2013 19.1% 14.0%
2012 20.6% 13.8%
2011 21.7% 13.7%
2010 20.6% 13.3%
2009 24.7% 13.1%
2008 25.4% 14.3%
2007 25.9% 14.8%
2006 25.3% 14.5%
2005 26.7% 14.1%
2004 25.8% 14.5%
2003 25.2% 14.4%
2002 – 14.6%

A dash means no value was published for that period.

In short

  • That is a change of +2.4 percentage points from 21.0% in 2015.
  • Since 2006, when it was 25.3%, the figure has changed by −1.9 percentage points.
  • The figure for the world in 2016 was 13.9%.

Source and dates

Original producer
International Monetary Fund, Government Finance Statistics
Distributed by
World Bank, World Development Indicators
Dataset or series code
GC.TAX.TOTL.GD.ZS · dataset details · view at source
Observation period
2003 to 2016 for Barbados
Provider update
8 October 2026
Retrieved
9 November 2026
Published here
9 November 2026
Licence
CC BY 4.0 (per series metadata)
Attribution
Source: World Bank, World Development Indicators, original data: International Monetary Fund, Government Finance Statistics