FACTOID # 4: Tax makes up half of the of Gross Domestic Product in Denmark and Sweden. In Japan and the United States, it makes up less than 30%.
 
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Central America and the Caribbean > Barbados > Taxation

BARBADIAN TAXATION STATS:   Top Stats   All Stats  
View this page with:    Just Stats   Sources   Definitions   Both  
Customs and other import duties > % of tax revenue 10.93 % ... [33rd of 82]
Customs and other import duties > current LCU 194100000 ...
Highest marginal tax rate, corporate rate > % 36 % ... [5th of 108]
Highest marginal tax rate, individual > on income exceeding, US$ 12,100 $ ... [59th of 93]
Highest marginal tax rate, individual rate > % 40 % ... [25th of 102]
Net taxes on products > constant LCU 206075500 ...
Net taxes on products > current LCU 1009600000 ...
Net taxes on products > current US$ 501,963,900 $ ... [96th of 159]
    (per $ GDP) 179.484 $ per $1 billion of GDP ... [8th of 174]
    (per capita) 1,866.863 $ per 1 million people ... [22nd of 174]
Other taxes > % of revenue 6.54 % ... [13th of 91]
Other taxes > current LCU 161300000 ...
Social contributions > % of revenue 19.61 % ... [35th of 78]
Social contributions > current LCU 483900000 ...
Tax revenue > % of GDP 31.57 % ... [4th of 98]
Tax revenue > current LCU 1775600000 ...
Taxes on exports > % of tax revenue 0.04 % ... [22nd of 36]
Taxes on exports > current LCU 700000 ...
Taxes on goods and services > % of revenue 33.3 % ... [44th of 98]
Taxes on goods and services > % value added of industry and services 18.46 % ... [8th of 89]

... View all Taxation stats

SOURCES: World Development Indicators database

ALTERNATIVE NAMES: Barbados

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