Country comparison Luxembourg vs Barbados

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Standard VAT Rate Luxembourg vs Barbados comparison
 
Gouvernement
Qu. GDP Per Capita [+]2023Q430,690K
Annual GDP [+]2023€79,310Mchart€5,394M2022Annual GDP [+]
Annual GDP [+]2022$81,706Mchart$5,685M2022Annual GDP [+]
GDP per capita [+]2023€118,770chart€19,1832022GDP per capita [+]
GDP per capita [+]2022$126,598chart$20,2172022GDP per capita [+]
Quarterly GDP [+]2023Q4€19,884M
Debt (M.€.) [+]202219,175chart6,9412022Debt (M.€.) [+]
Debt ($M) [+]202220,254chart7,3152022Debt ($M) [+]
Debt (%GDP) [+]202224.70%chart122.51%2022Debt (%GDP) [+]
Debt Per Capita [+]2022€29,018chart€24,6852022Debt Per Capita [+]
Debt Per Capita [+]2022$30,651chart$26,0152022Debt Per Capita [+]
Deficit (M.€) [+]2022-222chart-1162022Deficit (M.€) [+]
Deficit ($M) [+]2022145chart-1222022Deficit ($M) [+]
Deficit (%GDP) [+]2022-0.30%chart-2.05%2022Deficit (%GDP) [+]
Expenditure (M.€) [+]202234,024.3chart1,797.02022Expenditure (M.€) [+]
Expenditure ($M) [+]202235,649.5chart1,893.82022Expenditure ($M) [+]
Education Expenditure (M.€) [+]20182,192.9chart264.12021Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20182,590.9chart312.62021Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]20188.66%chart16.58%2021Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20223,660,780,000.0chart132.22017Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20223,854,801,340.0chart149.32017Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]201710.80%chart9.08%2017Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]2022543.0
Defence Expenditure ($M) [+]2022572.3
Defence Expenditure (%Bud.) [+]20221.60%
Expenditure (%GDP) [+]202243.90%chart31.72%2022Expenditure (%GDP) [+]
Expenditure Per Capita [+]2022€51,489chart€6,3912022Expenditure Per Capita [+]
Expenditure Per Capita [+]2022$53,948chart$6,7352022Expenditure Per Capita [+]
Education Expenditure P.C [+]2018€3,607chart€9392021Education Expenditure P.C [+]
Education Expenditure P.C [+]2018$4,304chart$1,1122021Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2022€5,672chart€4632017Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2022$5,973chart$5232017Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2022€831
Defence Expenditure P.C. [+]2022$887
Moody's Rating [+]03/17/2023AaaB308/03/2023Moody's Rating [+]
S&P Rating [+]04/28/1994AAAB-10/26/2023S&P Rating [+]
Fitch Rating [+]03/06/2020AAA
Corruption Index [+]202277chart652022Corruption Index [+]
Competitiveness Ranking [+]201918ºchart77º2019Competitiveness Ranking [+]
Fragile States Index [+]201820.8chart48.22018Fragile States Index [+]
RTI Raking [+]2022115º
Innovation Ranking [+]201815ºchart37º2015Innovation Ranking [+]
Labour
Unemployment Rate [+]January 20245.6%
Unemployment rate [+]2023Q45.5%chart11.9%2015Q2Unemployment rate [+]
Unemployed [+]2023Q418Kchart17K2015Q2Unemployed [+]
NMW [+]2023$2,679.6chart$736.72022NMW [+]
NMW [+]2024€2,570.9
Average Wage [+]2022$73,910
Average Wage [+]2022€70,189
Human Capital Ranking [+]201730ºchart79º2017Human Capital Ranking [+]
Markets
US Dollar exchange rate [+]03/28/20240.9250
Stock ExchangeYTD % [+]03/27/2024-2.81%
Prices
CPI (overall index) [+]February 20243.2%
HICP [+]February 20243.2%
PPI Year on Year [+]January 202415.0%
Money Market
Key rates [+]09/20/20234.50%
Business
Doing Business [+]202072ºchart128º2020Doing Business [+]
IPI Year on Year [+]January 2024-4.0%
Passengers vehicles Year [+]December 202242,094
Annual Vehicles/ 1,000 p. [+]December 202271.86
Vehicles / 1,000 people [+]2021775.27chart387.322015Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202239.3%chart31.9%2021Tax Revenue (%GDP) [+]
Standard VAT [+]01/01/201517.00%chart17.50%01/01/2011Standard VAT [+]
Top tax rate + SSC [+]202247.2%chart28.5%2020Top tax rate + SSC [+]
Trade
Annual arrivals [+]20191,041,117chart680,0002018Annual arrivals [+]
Exports [+]2023€15,874.7Mchart€287.2M2021Exports [+]
Exports [+]2023$15,984.0Mchart$339.6M2021Exports [+]
Exports % GDP [+]202221.21%chart7.02%2021Exports % GDP [+]
Imports [+]2023€23,662.3Mchart€1,362.7M2021Imports [+]
Imports [+]2023$23,664.1Mchart$1,611.7M2021Imports [+]
Imports % GDP [+]202233.32%chart33.30%2021Imports % GDP [+]
Trade balance [+]2023€-7,787.6Mchart€-1,075.6M2021Trade balance [+]
Trade balance [+]2023$-8,427.2Mchart$-1,272.1M2021Trade balance [+]
Trade balance % GDP [+]2022-12.11%chart-26.28%2021Trade balance % GDP [+]
Retail Sales YoY [+]December 20236.5%
Socio-Demography
Global AgeWatch Ranking [+]201519º
Density [+]2022255chart6542021Density [+]
Global Peace Ranking [+]2023-1ºchart-1º2023Global Peace Ranking [+]
Crude divorce rate [+]20221.90‰
Remittance received ($M) [+]20171,746.1chart111.72017Remittance received ($M) [+]
% Immigrant [+]202046.96%chart12.11%2020% Immigrant [+]
% Emigrant [+]202012.88%chart34.59%2020% Emigrant [+]
Birth Rate [+]20229.90‰chart10.83‰2021Birth Rate [+]
Remittance sent ($M) [+]20171,321.5chart20.12017Remittance sent ($M) [+]
Crude death rate [+]20226.80‰chart9.01‰2021Crude death rate [+]
Fertility Rate [+]20221.31chart1.632021Fertility Rate [+]
Crude marriage rate [+]20223.80‰
% risk of poverty [+]202217.3%
Population [+]2022660,809chart281,2002021Population [+]
Immigrant stock [+]2020298,062chart34,8692020Immigrant stock [+]
Emigrant stock [+]202081,757chart99,6112020Emigrant stock [+]
HDI [+]20210.930chart0.7902021HDI [+]
Gender Gap Ranking [+]202344ºchart31º2023Gender Gap Ranking [+]
Life expectancy [+]202283.00chart77.572021Life expectancy [+]
Suicides [+]202253chart12015Suicides [+]
Suicide rate [+]20228.02chart0.422015Suicide rate [+]
Number of homicides [+]202210chart432022Number of homicides [+]
Rate Homicides per 100.000 [+]20221.54chart15.272022Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]202113.82chart6.132021CO2 Tons per capita [+]
12022Annual crude oil production [+]
2.02021Crude Oil Reserves [+]
Consumption GWh [+]20216,496chart1,0062021Consumption GWh [+]
Generation GWh [+]2021921chart1,0712021Generation GWh [+]
Others
COVID-19 - Deaths [+]03/05/20241,000chart59303/05/2024COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]03/05/2024391,093chart108,04703/05/2024COVID-19 - Confirmed [+]
Fully vaccinated [+]06/11/2023462,702chart155,04509/22/2023Fully vaccinated [+]
COVID-19 - Deaths per million population [+]03/05/20241,513.30chart2,108.8203/05/2024COVID-19 - Deaths per million population [+]
Doses administered [+]03/25/20231,374,547chart381,74309/22/2023Doses administered [+]