Tax revenues vs income inequality in Barbados

Barbados: Tax revenues vs income inequality was 26.16 in 2023. ▲ Rising

Latest (2023)
26.16
Change on year
down 1.8%
World rank
59th
of 186 countries
All-time high
26.64
in 2022
All-time low
18.69
in 1981
Years of data
30
1981–2023

Tax revenues vs income inequality in Barbados, 1981–2023

01020301981200220231981: 18.71982: 19.61983: 221984: 22.41986: 22.81987: 21.61988: 221989: 23.11990: 26.12003: 24.72004: 25.22005: 24.32006: 22.72007: 232008: 22.52009: 21.82010: 21.82011: 22.82012: 21.62013: 20.22014: 20.62015: 22.62016: 24.92017: 24.22018: 252019: 25.42020: 24.42021: 26.22022: 26.62023: 26.2

Source: Our World in Data.

Analysis

Barbados recorded 26.16 for tax revenues vs income inequality in 2023.

That represents a change of down 1.8% on the previous year and up 29.4% over ten years.

Over the whole period, tax revenues vs income inequality in Barbados peaked at 26.64 in 2022 and was at its lowest, 18.69, in 1981.

That places Barbados 59th out of 186 countries with data for 2023, putting it in the middle of the range.

The long-run direction has been consistently rising across the 30 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1980s 21.54 18.69 23.14 8
1990s 26.08 26.08 26.08 1
2000s 23.47 21.8 25.24 7
2010s 22.92 20.22 25.42 10
2020s 25.86 24.45 26.64 4

Countries ranked near Barbados

  1. 56 Switzerland 26.79 compare
  2. 57 Samoa 26.42 compare
  3. 58 Saint Vincent and the Grenadines 26.18 compare
  4. 60 Uruguay 25.88 compare
  5. 61 Kyrgyzstan 25.85 compare
  6. 62 Albania 25.47 compare

See the full ranking of 187 places →

More poverty & inequality data for Barbados

All data for Barbados →

Frequently asked questions

What is tax revenues vs income inequality in Barbados?
Tax revenues vs income inequality in Barbados was 26.16 in 2023, according to Our World in Data.
What is the highest tax revenues vs income inequality recorded in Barbados?
The highest recorded value was 26.64 in 2022.
What is the lowest tax revenues vs income inequality recorded in Barbados?
The lowest recorded value was 18.69 in 1981.
How does Barbados rank for tax revenues vs income inequality?
Barbados ranks 59th out of 186 countries with data for 2023.
Is tax revenues vs income inequality rising or falling in Barbados?
Over the last ten years it is up 29.4%. The long-run trend across the full record is rising.
Where does this Barbados data come from?
The figures come from Our World in Data, published as part of Tax revenues vs income inequality. Statizoid updates them automatically from the source API.

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Tax revenues vs income inequality in Barbados. Statizoid, drawing on Our World in Data. Retrieved 22 August 2026, from https://poverty.statizoid.com/stat/tax-revenues-vs-income-inequality/barbados/

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About this data

Indicator
Tax revenues vs income inequality
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
187 places, 6,284 data points, 1980–2023
Last refreshed