BB · AmericasET · Africa
Barbados vs Ethiopia: tax rates compared
Ethiopia has an income tax rate of 35%, 6.5pp above Barbados's 28.5%. The 200-country average is 28%: both sit above it.
Verified data covers five of the six tracked tax types for both countries; every rate below is cited to its source and dated.
At a glance
| Tax | BB | ET | Difference |
|---|---|---|---|
| Income Tax | 28.5% | 35% | ET +6.5 pp |
| Corporate Tax | 9% | 30% | ET +21 pplargest gap |
| VAT | 17.5% | 15% | BB +2.5 pp |
| Capital Gains Tax | 0% | 15% | ET +15 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Barbados | 28.5% | Source: PWC Worldwide Tax Summaries — Barbados (Individual, Taxes on personal income) · as of 2026-01-11 |
| Ethiopia | 35% | Source: PwC Worldwide Tax Summaries — Ethiopia, Individual - Taxes on personal income · as of 2026-07-15 |
| Difference | −6.5 pp | Ethiopia higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Barbados | 9% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Ethiopia | 30% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −21 pp | Ethiopia higher |
Ethiopia has a corporate tax rate of 30%, 21pp above Barbados's 9%. The 201-country average is 22.6%: Barbados sits below it, Ethiopia sits above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Barbados | 17.5% | Source: PWC Worldwide Tax Summaries — Barbados (Corporate, Other taxes) · as of 2026-01-11 |
| Ethiopia | 15% | Source: PWC Worldwide Tax Summaries — Ethiopia (Corporate, Other taxes) · as of 2026-07-15 |
| Difference | +2.5 pp | Barbados higher |
Barbados has a VAT rate of 17.5%, 2.5pp above Ethiopia's 15%. The 181-country average is 15%: Barbados sits above it, Ethiopia matches the world average.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Barbados | 0% | Source: PWC Worldwide Tax Summaries — Barbados (Individual, Income determination) · as of 2026-01-11 |
| Ethiopia | 15% | Source: PwC Worldwide Tax Summaries — Ethiopia, Corporate - Other taxes · as of 2026-07-15 |
| Difference | −15 pp | Ethiopia higher |
Ethiopia has a capital gains tax rate of 15%, 15pp above Barbados's 0%. The 175-country average is 10.3%: Barbados sits below it, Ethiopia sits above it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Barbados | 0% | Source: PWC Worldwide Tax Summaries — Barbados (Net wealth/worth tax rates) · as of 2026-01-11 |
| Ethiopia | 0% | Source: PWC Worldwide Tax Summaries — Ethiopia (Individual, Other taxes) · as of 2026-07-15 |
| Difference | 0 pp | displayed rates match |
Barbados and Ethiopia share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it.
Not covered for both countries yet: Crypto Tax.