World Data Atlas Topics Economy Tax on Goods and Services

The tax on goods and services in the Bahamas

57.13 % in 2022

Tax on goods and services of Bahamas increased from 9.58 % in 2003 to 57.13 % in 2022 growing at an average annual rate of 16.25%.

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The tax on goods and services in the Bahamas
Current Prices Local Currency 1.49B current LCU in 2022 WB
Share of Value Added 13.17 % in 2022 WB
The tax on goods and services in Central America and the Caribbean
Guatemala 52.95 % in 2021 WB
Dominican Republic 50.73 % in 2021 WB
Belize 48.07 % in 2017 WB
Nicaragua 46.07 % in 2022 WB
Barbados 45.88 % in 2016 WB
Jamaica 45.81 % in 2020 WB
Honduras 43.38 % in 2020 WB
El Salvador 37.22 % in 2021 WB
Costa Rica 28.47 % in 2021 WB
Government Finance Government Revenue Tax revenue in the Bahamas
Taxes on International Trade 19.64 % in 2022 WB
Tax on Exports 8.22 % in 2022 WB
Other Taxes 6.06 % in 2022 WB