AM · AsiaBB · Americas
Armenia vs Barbados: tax rates compared
Between the two, Barbados's income tax rate (28.5%) tops Armenia's (20%) by 8.5pp. The 200-country average is 28%: Armenia sits below it, Barbados sits above it. Armenia's figure is dated 2023-01-01 and Barbados's 2026-01-11, so the two rates come from different data vintages.
Verified data covers six of the six tracked tax types for both countries; every rate below is cited to its source and dated.
At a glance
| Tax | AM | BB | Difference |
|---|---|---|---|
| Income Tax | 20% | 28.5% | BB +8.5 pp |
| Corporate Tax | 18% | 9% | AM +9 pplargest gap |
| VAT | 20% | 17.5% | AM +2.5 pp |
| Capital Gains Tax | 0% | 0% | match |
| Crypto Tax | 0% | 0% | match |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Armenia | 20% | Source: EY Worldwide Personal Tax and Immigration Guide (March 2026) — Armenia · as of 2023-01-01 |
| Barbados | 28.5% | Source: PWC Worldwide Tax Summaries — Barbados (Individual, Taxes on personal income) · as of 2026-01-11 |
| Difference | −8.5 pp | Barbados higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Armenia | 18% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Barbados | 9% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +9 pp | Armenia higher |
Between the two, Armenia's corporate tax rate (18%) tops Barbados's (9%) by 9pp. The 201-country average is 22.6%: both sit below it.
VAT
| Country | Rate | Source |
|---|---|---|
| Armenia | 20% | Source: PWC Worldwide Tax Summaries — Armenia (Corporate, Other taxes) · as of 2026-06-30 |
| Barbados | 17.5% | Source: PWC Worldwide Tax Summaries — Barbados (Corporate, Other taxes) · as of 2026-01-11 |
| Difference | +2.5 pp | Armenia higher |
Between the two, Armenia's VAT rate (20%) tops Barbados's (17.5%) by 2.5pp. The 181-country average is 15%: both sit above it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Armenia | 0% | Source: EY Worldwide Personal Tax and Immigration Guide 2026 — Armenia · as of 2025-10-01 |
| Barbados | 0% | Source: PWC Worldwide Tax Summaries — Barbados (Individual, Income determination) · as of 2026-01-11 |
| Difference | 0 pp | displayed rates match |
There's no gap here — Armenia and Barbados both post a capital gains tax rate of 0%. The 175-country average is 10.3%: both sit below it. Armenia's figure is dated 2025-10-01 and Barbados's 2026-01-11, so the two rates come from different data vintages.
Crypto Tax
| Country | Rate | Source |
|---|---|---|
| Armenia | 0% | Source: IMF Fiscal Affairs Department — Republic of Armenia: Tax Compliance and Crypto Assets (Technical Assistance Report, July 2024) · as of 2024-07-01 |
| Barbados | 0% | Source: PwC Worldwide Tax Summaries — Barbados (Individual, Income determination) · as of 2026-01-11 |
| Difference | 0 pp | displayed rates match |
There's no gap here — Armenia and Barbados both post a crypto tax rate of 0%. The 88-country average is 13%: both sit below it. Armenia's figure is dated 2024-07-01 and Barbados's 2026-01-11, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Armenia | 0% | Source: PWC Worldwide Tax Summaries — Armenia (Net wealth/worth tax rates) · as of 2026-06-30 |
| Barbados | 0% | Source: PWC Worldwide Tax Summaries — Barbados (Net wealth/worth tax rates) · as of 2026-01-11 |
| Difference | 0 pp | displayed rates match |
There's no gap here — Armenia and Barbados both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it.