Barbados Governance: Business Environment
BB: Business Extent of Disclosure Index
BB: Business Extent of Disclosure Index data was reported at 2.000 NA in 2019. This stayed constant from the previous number of 2.000 NA for 2018. BB: Business Extent of Disclosure Index data is updated yearly, averaging 2.000 NA from Dec 2005 (Median) to 2019, with 15 observations. The data reached an all-time high of 2.000 NA in 2019 and a record low of 2.000 NA in 2019. BB: Business Extent of Disclosure Index data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Barbados – Table BB.World Bank.WDI: Governance: Business Environment. Disclosure index measures the extent to which investors are protected through disclosure of ownership and financial information. The index ranges from 0 to 10, with higher values indicating more disclosure.;World Bank, Doing Business project (http://www.doingbusiness.org/). NOTE: Doing Business has been discontinued as of 9/16/2021. For more information: https://bit.ly/3CLCbme;Unweighted average;Data are presented for the survey year instead of publication year.
| Last | Frequency | Range |
|---|---|---|
| 2.000 2019 | yearly | 2005 - 2019 |
View Barbados's BB: Business Extent of Disclosure Index from 2005 to 2019 in the chart:
BB: Depth of Credit Information Index: 0=Low To 8=High
BB: Depth of Credit Information Index: 0=Low To 8=High data was reported at 0.000 NA in 2019. This stayed constant from the previous number of 0.000 NA for 2018. BB: Depth of Credit Information Index: 0=Low To 8=High data is updated yearly, averaging 0.000 NA from Dec 2013 (Median) to 2019, with 7 observations. The data reached an all-time high of 0.000 NA in 2019 and a record low of 0.000 NA in 2019. BB: Depth of Credit Information Index: 0=Low To 8=High data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Barbados – Table BB.World Bank.WDI: Governance: Business Environment. Depth of credit information index measures rules affecting the scope, accessibility, and quality of credit information available through public or private credit registries. The index ranges from 0 to 8, with higher values indicating the availability of more credit information, from either a public registry or a private bureau, to facilitate lending decisions.;World Bank, Doing Business project (http://www.doingbusiness.org/). NOTE: Doing Business has been discontinued as of 9/16/2021. For more information: https://bit.ly/3CLCbme;Unweighted average;Data are presented for the survey year instead of publication year.
| Last | Frequency | Range |
|---|---|---|
| 0.000 2019 | yearly | 2013 - 2019 |
View Barbados's BB: Depth of Credit Information Index: 0=Low To 8=High from 2013 to 2019 in the chart:
BB: Distance to Frontier Score: 0=Lowest Performance To 100=Frontier
BB: Distance to Frontier Score: 0=Lowest Performance To 100=Frontier data was reported at 57.906 NA in 2019. This records an increase from the previous number of 57.675 NA for 2018. BB: Distance to Frontier Score: 0=Lowest Performance To 100=Frontier data is updated yearly, averaging 57.679 NA from Dec 2015 (Median) to 2019, with 5 observations. The data reached an all-time high of 57.906 NA in 2019 and a record low of 57.671 NA in 2017. BB: Distance to Frontier Score: 0=Lowest Performance To 100=Frontier data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Barbados – Table BB.World Bank.WDI: Governance: Business Environment. The ease of doing business scores benchmark economies with respect to regulatory best practice, showing the proximity to the best regulatory performance on each Doing Business indicator. An economy’s score is indicated on a scale from 0 to 100, where 0 represents the worst regulatory performance and 100 the best regulatory performance.;World Bank, Doing Business project (http://www.doingbusiness.org/). NOTE: Doing Business has been discontinued as of 9/16/2021. For more information: https://bit.ly/3CLCbme;Unweighted average;Data are presented for the survey year instead of publication year.
| Last | Frequency | Range |
|---|---|---|
| 57.906 2019 | yearly | 2015 - 2019 |
View Barbados's BB: Distance to Frontier Score: 0=Lowest Performance To 100=Frontier from 2015 to 2019 in the chart:
BB: Firms Expected to Give Gifts in Meetings with Tax Officials: % of Firms
BB: Firms Expected to Give Gifts in Meetings with Tax Officials: % of Firms data was reported at 0.000 % in 2023. This records a decrease from the previous number of 1.600 % for 2010. BB: Firms Expected to Give Gifts in Meetings with Tax Officials: % of Firms data is updated yearly, averaging 0.800 % from Dec 2010 (Median) to 2023, with 2 observations. The data reached an all-time high of 1.600 % in 2010 and a record low of 0.000 % in 2023. BB: Firms Expected to Give Gifts in Meetings with Tax Officials: % of Firms data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Barbados – Table BB.World Bank.WDI: Governance: Business Environment. Firms expected to give gifts in meetings with tax officials is the percentage of firms that answered positively to the question 'was a gift or informal payment expected or requested during a meeting with tax officials?';World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).;Unweighted average;
| Last | Frequency | Range |
|---|---|---|
| 0.000 2023 | yearly | 2010 - 2023 |
View Barbados's BB: Firms Expected to Give Gifts in Meetings with Tax Officials: % of Firms from 2010 to 2023 in the chart:
BB: Labour Tax and Contributions: % of Commercial Profits
BB: Labour Tax and Contributions: % of Commercial Profits data was reported at 12.700 % in 2019. This records an increase from the previous number of 12.300 % for 2018. BB: Labour Tax and Contributions: % of Commercial Profits data is updated yearly, averaging 12.200 % from Dec 2011 (Median) to 2019, with 9 observations. The data reached an all-time high of 12.700 % in 2019 and a record low of 12.200 % in 2017. BB: Labour Tax and Contributions: % of Commercial Profits data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Barbados – Table BB.World Bank.WDI: Governance: Business Environment. Labor tax and contributions is the amount of taxes and mandatory contributions on labor paid by the business.;World Bank, Doing Business project (http://www.doingbusiness.org/). NOTE: Doing Business has been discontinued as of 9/16/2021. For more information: https://bit.ly/3CLCbme;Unweighted average;Data are presented for the survey year instead of publication year.
| Last | Frequency | Range |
|---|---|---|
| 12.700 2019 | yearly | 2011 - 2019 |
View Barbados's BB: Labour Tax and Contributions: % of Commercial Profits from 2011 to 2019 in the chart:
BB: Other Taxes Payable by Businesses: % of Commercial Profits
BB: Other Taxes Payable by Businesses: % of Commercial Profits data was reported at 3.100 % in 2019. This stayed constant from the previous number of 3.100 % for 2018. BB: Other Taxes Payable by Businesses: % of Commercial Profits data is updated yearly, averaging 3.000 % from Dec 2011 (Median) to 2019, with 9 observations. The data reached an all-time high of 3.100 % in 2019 and a record low of 2.900 % in 2014. BB: Other Taxes Payable by Businesses: % of Commercial Profits data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Barbados – Table BB.World Bank.WDI: Governance: Business Environment. Other taxes payable by businesses include the amounts paid for property taxes, turnover taxes, and other small taxes such as municipal fees and vehicle and fuel taxes.;World Bank, Doing Business project (http://www.doingbusiness.org/). NOTE: Doing Business has been discontinued as of 9/16/2021. For more information: https://bit.ly/3CLCbme;Unweighted average;Data are presented for the survey year instead of publication year.
| Last | Frequency | Range |
|---|---|---|
| 3.100 2019 | yearly | 2011 - 2019 |
View Barbados's BB: Other Taxes Payable by Businesses: % of Commercial Profits from 2011 to 2019 in the chart:
BB: Profit Tax: % of Commercial Profits
BB: Profit Tax: % of Commercial Profits data was reported at 19.800 % in 2019. This records a decrease from the previous number of 19.900 % for 2018. BB: Profit Tax: % of Commercial Profits data is updated yearly, averaging 19.500 % from Dec 2011 (Median) to 2019, with 9 observations. The data reached an all-time high of 20.000 % in 2017 and a record low of 19.400 % in 2011. BB: Profit Tax: % of Commercial Profits data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Barbados – Table BB.World Bank.WDI: Governance: Business Environment. Profit tax is the amount of taxes on profits paid by the business.;World Bank, Doing Business project (http://www.doingbusiness.org/). NOTE: Doing Business has been discontinued as of 9/16/2021. For more information: https://bit.ly/3CLCbme;Unweighted average;Data are presented for the survey year instead of publication year.
| Last | Frequency | Range |
|---|---|---|
| 19.800 2019 | yearly | 2011 - 2019 |