BB · AmericasLR · Africa
Barbados vs Liberia: tax rates compared
Between the two, Barbados's income tax rate (28.5%) tops Liberia's (25%) by 3.5pp. The 200-country average is 28%: Barbados sits above it, Liberia sits below 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
| Tax | BB | LR | Difference |
|---|---|---|---|
| Income Tax | 28.5% | 25% | BB +3.5 pp |
| Corporate Tax | 9% | 25% | LR +16 pp |
| Capital Gains Tax | 0% | 25% | LR +25 pplargest gap |
| 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 |
| Liberia | 25% | Source: PWC Worldwide Tax Summaries — Liberia, Republic of (Individual, Taxes on personal income) · as of 2026-01-14 |
| 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 |
| Liberia | 25% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −16 pp | Liberia higher |
Between the two, Liberia's corporate tax rate (25%) tops Barbados's (9%) by 16pp. The 201-country average is 22.6%: Barbados sits below it, Liberia sits above it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Barbados | 0% | Source: PWC Worldwide Tax Summaries — Barbados (Individual, Income determination) · as of 2026-01-11 |
| Liberia | 25% | Source: PWC Worldwide Tax Summaries — Republic of Liberia (Individual, Taxes on personal income) · as of 2026-01-14 |
| Difference | −25 pp | Liberia higher |
Between the two, Liberia's capital gains tax rate (25%) tops Barbados's (0%) by 25pp. The 175-country average is 10.3%: Barbados sits below it, Liberia 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 |
| Liberia | 0% | Source: PWC Worldwide Tax Summaries — Liberia, Republic of (Individual, Other taxes) · as of 2026-01-14 |
| Difference | 0 pp | displayed rates match |
There's no gap here — Barbados and Liberia 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: VAT, Crypto Tax.