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Barbados vs Finland: tax rates compared
Finland's income tax rate is 23.3pp higher than Barbados's (51.8% vs 28.5%). The 200-country average is 28%: both sit above it. Barbados's figure is dated 2026-01-11 and Finland's 2025-01-01, 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 | BB | FI | Difference |
|---|---|---|---|
| Income Tax | 28.5% | 51.8% | FI +23.3 pp |
| Corporate Tax | 9% | 20% | FI +11 pp |
| VAT | 17.5% | 25.5% | FI +8 pp |
| Capital Gains Tax | 0% | 34% | FI +34 pplargest gap |
| Crypto Tax | 0% | 34% | FI +34 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 |
| Finland | 51.8% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Difference | −23.3 pp | Finland higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Barbados | 9% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Finland | 20% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −11 pp | Finland higher |
Finland's corporate tax rate is 11pp higher than Barbados's (20% vs 9%). The 201-country average is 22.6%: both sit below it.
VAT
| Country | Rate | Source |
|---|---|---|
| Barbados | 17.5% | Source: PWC Worldwide Tax Summaries — Barbados (Corporate, Other taxes) · as of 2026-01-11 |
| Finland | 25.5% | Source: Finnish Tax Administration (Vero) — Rates of VAT · as of 2026-01-01 |
| Difference | −8 pp | Finland higher |
Finland's VAT rate is 8pp higher than Barbados's (25.5% vs 17.5%). The 181-country average is 15%: both sit above it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Barbados | 0% | Source: PWC Worldwide Tax Summaries — Barbados (Individual, Income determination) · as of 2026-01-11 |
| Finland | 34% | Source: PwC Worldwide Tax Summaries — Finland, Individual - Income determination · as of 2026-06-24 |
| Difference | −34 pp | Finland higher |
Finland's capital gains tax rate is 34pp higher than Barbados's (34% vs 0%). The 175-country average is 10.3%: Barbados sits below it, Finland sits above it.
Crypto Tax
| Country | Rate | Source |
|---|---|---|
| Barbados | 0% | Source: PwC Worldwide Tax Summaries — Barbados (Individual, Income determination) · as of 2026-01-11 |
| Finland | 34% | Source: Vero (Finnish Tax Administration) — Virtual currencies · as of 2026-01-29 |
| Difference | −34 pp | Finland higher |
Finland's crypto tax rate is 34pp higher than Barbados's (34% vs 0%). The 88-country average is 13%: Barbados sits below it, Finland 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 |
| Finland | 0% | Source: PWC Worldwide Tax Summaries — Finland (Individual, Other taxes) · as of 2026-06-24 |
| Difference | 0 pp | displayed rates match |
Barbados's wealth tax rate is identical to Finland's — both sit at 0%. The 193-country average is 0.1%: both sit below it.