BB · AmericasMM · Asia

Barbados vs Myanmar: tax rates compared

Between the two, Barbados's income tax rate (28.5%) tops Myanmar's (25%) by 3.5pp. The 200-country average is 28%: Barbados sits above it, Myanmar 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

0102030405060Income25%28.5%Corporate9%22%Capital Gains0%10%Wealth Tax0%
four shared taxes, side by side
Tax BB MMDifference
Income Tax28.5%25%BB +3.5 pp
Corporate Tax9%22%MM +13 pplargest gap
Capital Gains Tax0%10%MM +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
Myanmar25%Source: PWC Worldwide Tax Summaries — Myanmar (Individual, Taxes on personal income) · as of 2026-01-21
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
Myanmar22%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−13 ppMyanmar higher

Between the two, Myanmar's corporate tax rate (22%) tops Barbados's (9%) by 13pp. 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
Myanmar10%Source: PwC Worldwide Tax Summaries — Myanmar (Individual, Other taxes) · as of 2026-01-21
Difference−10 ppMyanmar higher

Between the two, Myanmar's capital gains tax rate (10%) tops Barbados's (0%) by 10pp. 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
Myanmar0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-01-21
Difference0 ppdisplayed rates match

There's no gap here — Barbados and Myanmar 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.