BB · AmericasGM · Africa
Barbados vs Gambia: tax rates compared
Between the two, Barbados's income tax rate (28.5%) tops Gambia's (25%) by 3.5pp. The 200-country average is 28%: Barbados sits above it, Gambia sits below it. Barbados's figure is dated 2026-01-11 and Gambia's 2018-01-01, so the two rates come from different data vintages.
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 | GM | Difference |
|---|---|---|---|
| Income Tax | 28.5% | 25% | BB +3.5 pp |
| Corporate Tax | 9% | 27% | GM +18 pplargest gap |
| VAT | 17.5% | 15% | BB +2.5 pp |
| Capital Gains Tax | 0% | 15% | GM +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 |
| Gambia | 25% | Source: Gambia Revenue Authority — Personal Income Tax · as of 2018-01-01 |
| Difference | +3.5 pp | Barbados higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Barbados | 9% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Gambia | 27% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −18 pp | Gambia higher |
Between the two, Gambia's corporate tax rate (27%) tops Barbados's (9%) by 18pp. The 201-country average is 22.6%: Barbados sits below it, Gambia sits above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Barbados | 17.5% | Source: PWC Worldwide Tax Summaries — Barbados (Corporate, Other taxes) · as of 2026-01-11 |
| Gambia | 15% | Source: Gambia Revenue Authority — Domestic Taxes FAQs · as of 2026-01-01 |
| Difference | +2.5 pp | Barbados higher |
Between the two, Barbados's VAT rate (17.5%) tops Gambia's (15%) by 2.5pp. The 181-country average is 15%: Barbados sits above it, Gambia 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 |
| Gambia | 15% | Source: Gambia Revenue Authority — Domestic Taxes FAQs · as of 2026-07-19 |
| Difference | −15 pp | Gambia higher |
Between the two, Gambia's capital gains tax rate (15%) tops Barbados's (0%) by 15pp. The 175-country average is 10.3%: Barbados sits below it, Gambia 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 |
| Gambia | 0% | Source: Gambia Revenue Authority · as of 2026-07-18 |
| Difference | 0 pp | displayed rates match |
There's no gap here — Barbados and Gambia both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it.
Not covered for both countries yet: Crypto Tax.