BB · Americas ↔ MY · Asia

Barbados vs Malaysia: tax rates compared

Between the two, Malaysia's corporate tax rate (24%) tops Barbados's (9%) by 15pp. The 201-country average is 22.6%: Barbados sits below it, Malaysia 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

0102030405060World avg 22.6%BB 9%MY 24%
Corporate Tax, side by side
CountryRateSource
Barbados9%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Malaysia24%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−15 ppMalaysia higherlargest gap on this page

Wealth Tax

0102030405060World avg 0.1%BB 0%MY 0%
Wealth Tax, side by side
CountryRateSource
Barbados0%Source: PWC Worldwide Tax Summaries — Barbados (Net wealth/worth tax rates) · as of 2026-01-11
Malaysia0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-06-16
Difference0 ppdisplayed rates match

There's no gap here — Barbados and Malaysia 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: Income Tax, VAT, Capital Gains Tax, Crypto Tax.