BB · AmericasTV · Oceania

Barbados vs Tuvalu: tax rates compared

Tuvalu's income tax rate is 1.5pp higher than Barbados's (30% vs 28.5%). The 200-country average is 28%: both sit above it. Barbados's figure is dated 2026-01-11 and Tuvalu's 2023-07-21, so the two rates come from different data vintages.

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

0102030405060Income28.5%30%VAT4%17.5%Capital Gains0%Crypto0%Wealth Tax0%
five shared taxes, side by side
Tax BB TVDifference
Income Tax28.5%30%TV +1.5 pp
VAT17.5%4%BB +13.5 pplargest gap
Capital Gains Tax0%0%match
Crypto Tax0%0%match
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
Tuvalu30%Source: Tuvalu Legislation (official government legislation portal) — Income Tax Act, CAP. 26.16 (2022 Revised Edition), Schedule 6 · as of 2023-07-21
Difference−1.5 ppTuvalu higher

VAT

VAT, side by side
CountryRateSource
Barbados17.5%Source: PWC Worldwide Tax Summaries — Barbados (Corporate, Other taxes) · as of 2026-01-11
Tuvalu4%Source: Consumption Tax Regulations, 2022 Revised Edition (CAP 26.02.1), Tuvalu · as of 2011-12-19
Difference+13.5 ppBarbados higher

Barbados's VAT rate is 13.5pp higher than Tuvalu's (17.5% vs 4%). The 181-country average is 15%: Barbados sits above it, Tuvalu sits below it. Barbados's figure is dated 2026-01-11 and Tuvalu's 2011-12-19, so the two rates come from different data vintages.

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
Tuvalu0%Source: Tuvalu Income Tax Act (CAP. 26.16), 2022 Revised Edition — Tuvalu Legislation Online · as of 2022-12-31
Difference0 ppdisplayed rates match

Barbados's capital gains tax rate is identical to Tuvalu's — both sit at 0%. The 175-country average is 10.3%: both sit below it. Barbados's figure is dated 2026-01-11 and Tuvalu's 2022-12-31, so the two rates come from different data vintages.

Crypto Tax

Crypto Tax, side by side
CountryRateSource
Barbados0%Source: PwC Worldwide Tax Summaries — Barbados (Individual, Income determination) · as of 2026-01-11
Tuvalu0%Source: Tuvalu Income Tax Act (CAP. 26.16), 2022 Revised Edition — Tuvalu Legislation Online · as of 2022-12-31
Difference0 ppdisplayed rates match

Barbados's crypto tax rate is identical to Tuvalu's — both sit at 0%. The 88-country average is 13%: both sit below it. Barbados's figure is dated 2026-01-11 and Tuvalu's 2022-12-31, so the two rates come from different data vintages.

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
Tuvalu0%Source: Tuvalu Income Tax Act 1992 (principal direct-tax statute), via International Center for Not-for-Profit Law mirror · as of 2026-07-18
Difference0 ppdisplayed rates match

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

Not covered for both countries yet: Corporate Tax.