The Sales Tax Rate in Barbados stands at 17.50 percent. Sales Tax Rate in Barbados averaged 16.88 percent from 2006 until 2025, reaching an all time high of 17.50 percent in 2011 and a record low of 15.00 percent in 2007. source: Ministry of Finance, Barbados

Sales Tax Rate in Barbados is expected to reach 17.50 percent by the end of 2025, according to Trading Economics global macro models and analysts expectations. In the long-term, the Barbados Sales Tax Rate - VAT is projected to trend around 17.50 percent in 2026, according to our econometric models.



Related Last Previous Unit Reference
Corporate Tax Rate 5.50 5.50 percent Dec 2025
Personal Income Tax Rate 28.50 28.50 percent Dec 2025
Sales Tax Rate 17.50 17.50 percent Dec 2025
Social Security Rate 23.85 23.85 percent Dec 2025
Social Security Rate For Companies 12.75 12.75 percent Dec 2025
Social Security Rate For Employees 11.10 11.10 percent Dec 2025
Withholding Tax Rate 0.00 0.00 percent Dec 2024



Barbados Sales Tax Rate - VAT
In Barbados, the sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services. The benchmark we use for the sales tax rate refers to the standard rate. Revenues from the Sales Tax Rate are an important source of income for the government of Barbados.
Actual Previous Highest Lowest Dates Unit Frequency
17.50 17.50 17.50 15.00 2006 - 2025 percent Yearly