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Barbados vs Gibraltar: tax rates compared

Gibraltar's income tax rate is 10.5pp higher than Barbados's (39% vs 28.5%). The 200-country average is 28%: both sit above it.

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

0102030405060Income28.5%39%Corporate9%15%Capital Gains0%Wealth Tax0%
four shared taxes, side by side
Tax BB GIDifference
Income Tax28.5%39%GI +10.5 pplargest gap
Corporate Tax9%15%GI +6 pp
Capital Gains Tax0%0%match
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Barbados28.5%Source: PWC Worldwide Tax Summaries — Barbados (Individual, Taxes on personal income) · as of 2026-01-11
Gibraltar39%Source: PwC Worldwide Tax Summaries — Gibraltar, Individual - Taxes on personal income · as of 2026-03-10
Difference−10.5 ppGibraltar higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Barbados9%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Gibraltar15%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−6 ppGibraltar higher

Gibraltar's corporate tax rate is 6pp higher than Barbados's (15% vs 9%). The 201-country average is 22.6%: both sit below it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Barbados0%Source: PWC Worldwide Tax Summaries — Barbados (Individual, Income determination) · as of 2026-01-11
Gibraltar0%Source: PwC Worldwide Tax Summaries — Gibraltar, Individual - Income determination · as of 2026-03-10
Difference0 ppdisplayed rates match

Barbados's capital gains tax rate is identical to Gibraltar's — both sit at 0%. The 175-country average is 10.3%: both sit below it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Barbados0%Source: PWC Worldwide Tax Summaries — Barbados (Net wealth/worth tax rates) · as of 2026-01-11
Gibraltar0%Source: PWC Worldwide Tax Summaries — Gibraltar (Individual, Other taxes) · as of 2026-03-10
Difference0 ppdisplayed rates match

Barbados's wealth tax rate is identical to Gibraltar's — both sit at 0%. The 193-country average is 0.1%: both sit below it.

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