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Andorra vs Barbados: tax rates compared

Barbados has an income tax rate of 28.5%, 18.5pp above Andorra's 10%. The 200-country average is 28%: Andorra sits below it, Barbados sits above it. Andorra's figure is dated 2023-01-19 and Barbados's 2026-01-11, so the two rates come from different data vintages.

Verified data covers four of the six tracked tax types for both countries; every rate below is cited to its source and dated.

At a glance

0102030405060Income10%28.5%Corporate9%10%VAT4.5%17.5%Capital Gains0%
four shared taxes, side by side
Tax AD BBDifference
Income Tax10%28.5%BB +18.5 pplargest gap
Corporate Tax10%9%AD +1 pp
VAT4.5%17.5%BB +13 pp
Capital Gains Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Andorra10%Source: Consell General (Parliament of Andorra) — Llei 5/2023, del 19 de gener, de mesures per a la reforma de la imposició directa · as of 2023-01-19
Barbados28.5%Source: PWC Worldwide Tax Summaries — Barbados (Individual, Taxes on personal income) · as of 2026-01-11
Difference−18.5 ppBarbados higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Andorra10%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Barbados9%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+1 ppAndorra higher

Andorra has a corporate tax rate of 10%, 1pp above Barbados's 9%. The 201-country average is 22.6%: both sit below it.

VAT

VAT, side by side
CountryRateSource
Andorra4.5%Source: Butlletí Oficial del Principat d'Andorra (BOPA) — Llei 11/2012, de l'impost general indirecte (text refós) · as of 2014-07-30
Barbados17.5%Source: PWC Worldwide Tax Summaries — Barbados (Corporate, Other taxes) · as of 2026-01-11
Difference−13 ppBarbados higher

Barbados has a VAT rate of 17.5%, 13pp above Andorra's 4.5%. The 181-country average is 15%: Andorra sits below it, Barbados sits above it. Andorra's figure is dated 2014-07-30 and Barbados's 2026-01-11, so the two rates come from different data vintages.

Capital Gains Tax

Andorra and Barbados share the same capital gains tax rate: 0%. The 175-country average is 10.3%: both sit below it. Andorra's figure is dated 2023-01-19 and Barbados's 2026-01-11, so the two rates come from different data vintages.

Not covered for both countries yet: Crypto Tax, Wealth Tax.