Barbados: Taxes on international trade

* indicates monthly or quarterly data series

Taxes on international trade, percent of total revenue

 Latest value 8.57
 Year 2016
 Measure percent
 Data availability 2003 - 2016
 Average 8.64
 Min - Max 7.33 - 9.91
 Source The World Bank
For that indicator, we provide data for Barbados from 2003 to 2016. The average value for Barbados during that period was 8.64 percent with a minimum of 7.33 percent in 2009 and a maximum of 9.91 percent in 2004. The latest value from 2016 is 8.57 percent. For comparison, the world average in 2016 based on 112 countries is 7.47 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series

Recent values chart
Barbados - Taxes on international trade - Recent values chart

Historical chart
Barbados - Taxes on international trade - historical chart - 2003-2016

Definition: Taxes on international trade include import duties, export duties, profits of export or import monopolies, exchange profits, and exchange taxes.

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 Related indicators Latest value Reference Measure
 Government spending, percent of GDP 12.02 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 27.42 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
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