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Barbados vs Honduras: tax rates compared

Barbados's income tax rate is 3.5pp higher than Honduras's (28.5% vs 25%). The 200-country average is 28%: Barbados sits above it, Honduras sits below 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

0102030405060Income25%28.5%Corporate9%30%VAT15%17.5%Capital Gains0%10%Wealth Tax0%
five shared taxes, side by side
Tax BB HNDifference
Income Tax28.5%25%BB +3.5 pp
Corporate Tax9%30%HN +21 pplargest gap
VAT17.5%15%BB +2.5 pp
Capital Gains Tax0%10%HN +10 pp
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
Honduras25%Source: PWC Worldwide Tax Summaries — Honduras (Individual, Taxes on personal income) · as of 2026-02-27
Difference+3.5 ppBarbados higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Barbados9%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Honduras30%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−21 ppHonduras higher

Honduras's corporate tax rate is 21pp higher than Barbados's (30% vs 9%). The 201-country average is 22.6%: Barbados sits below it, Honduras sits above it.

VAT

VAT, side by side
CountryRateSource
Barbados17.5%Source: PWC Worldwide Tax Summaries — Barbados (Corporate, Other taxes) · as of 2026-01-11
Honduras15%Source: PWC Worldwide Tax Summaries — Honduras (Corporate, Other taxes) · as of 2026-02-27
Difference+2.5 ppBarbados higher

Barbados's VAT rate is 2.5pp higher than Honduras's (17.5% vs 15%). The 181-country average is 15%: Barbados sits above it, Honduras matches the world average.

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
Honduras10%Source: PWC Worldwide Tax Summaries — Honduras (Individual, Income determination) · as of 2026-02-27
Difference−10 ppHonduras higher

Honduras's capital gains tax rate is 10pp higher than Barbados's (10% vs 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
Honduras0%Source: Servicio de Administración de Rentas (SAR), Honduras · as of 2026-07-18
Difference0 ppdisplayed rates match

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

Not covered for both countries yet: Crypto Tax.