BB · Americas ↔ JM · Americas
Barbados vs Jamaica: tax rates compared
Between the two, Jamaica's corporate tax rate (25%) tops Barbados's (9%) by 16pp. The 201-country average is 22.6%: Barbados sits below it, Jamaica sits above it.
Verified data covers two of the six tracked tax types for both countries; every rate below is cited to its source and dated.
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Barbados | 9% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Jamaica | 25% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −16 pp | Jamaica higherlargest gap on this page |
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Barbados | 0% | Source: PWC Worldwide Tax Summaries — Barbados (Net wealth/worth tax rates) · as of 2026-01-11 |
| Jamaica | 0% | Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2025-12-31 |
| Difference | 0 pp | displayed rates match |
There's no gap here — Barbados and Jamaica both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it. Barbados's figure is dated 2026-01-11 and Jamaica's 2025-12-31, so the two rates come from different data vintages.
Not covered for both countries yet: Income Tax, VAT, Capital Gains Tax, Crypto Tax.