Barbados: Number of taxes
* indicates monthly or quarterly data series
| Barbados |
Number of taxes paid by businesses |
|---|---|
| Latest value | 28 |
| Year | 2019 |
| Measure | taxes |
| Data availability | 2011 - 2019 |
| Average | 28 |
| Min - Max | 27 - 29 |
| Source | The World Bank (doing business survey) |
The latest value from 2019 is 28 taxes, a decline from 29 taxes in 2018. In comparison, the world average is 23 taxes, based on data from 184 countries. Historically, the average for Barbados from 2011 to 2019 is 28 taxes. The minimum value, 27 taxes, was reached in 2011 while the maximum of 29 taxes was recorded in 2017.
See the global rankings for that indicator or
use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series
Recent data
Historical series
Definition: Tax payments by businesses are the total number of taxes paid by businesses, including electronic filing. The tax is counted as paid once a year even if payments are more frequent.
Selected articles from our guide:
What factors determine the exchange rates
International lending and sovereign debt
All articles
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Government spending, percent of GDP | 11.84 | 2022 | percent |
| Government spending, in dollars | 0.69 | 2022 | billion U.S. dollars |
| Fiscal balance, percent of GDP | -2.00 | 2022 | percent |
| Government debt | 115.50 | 2023 | percent |
| Tax revenue | 27.39 | 2016 | percent |
| Commercial tax rate | 35.60 | 2019 | percent |
| Tax preparation time | 241 | 2019 | hours |
| Number of taxes | 28 | 2019 | taxes |
| Taxes on goods and services | 45.88 | 2016 | percent |
| Taxes on international trade | 8.57 | 2016 | percent |
| Income and profits taxes | 29.98 | 2016 | percent |
| Foreign aid | 15.58 | 2010 | million U.S. dollars |