Expenditure, General government, Percent of GDP in Barbados
Barbados: Expenditure, General government, Percent of GDP was 27.29 in 2030. ▲ Rising
Expenditure, General government, Percent of GDP in Barbados, 1995–2030
Source: International Monetary Fund.
Analysis
In 2030, expenditure, general government, percent of gdp in Barbados stood at 27.29.
The figure is down 0.3% on the previous year and down 9.9% over ten years.
Over the whole period, expenditure, general government, percent of gdp in Barbados peaked at 32.52 in 2021 and was at its lowest, 18.61, in 1995.
That places Barbados 106th out of 195 countries with data for 2030, putting it in the middle of the range.
The long-run direction has been consistently rising across the 36 years of available data.
Expenditure, General government, Percent of GDP in Barbados, year by year
| Year | Value | Change |
|---|---|---|
| 1995 | 18.61 | — |
| 1996 | 20.45 | +9.9% |
| 1997 | 21.45 | +4.9% |
| 1998 | 19 | -11.4% |
| 1999 | 19.68 | +3.6% |
| 2000 | 20.8 | +5.7% |
| 2001 | 21.97 | +5.6% |
| 2002 | 31.04 | +41.3% |
| 2003 | 29.85 | -3.8% |
| 2004 | 28.52 | -4.4% |
| 2005 | 28.68 | +0.6% |
| 2006 | 27.19 | -5.2% |
| 2007 | 27.77 | +2.1% |
| 2008 | 28.15 | +1.4% |
| 2009 | 29.51 | +4.8% |
| 2010 | 29.73 | +0.8% |
| 2011 | 27.68 | -6.9% |
| 2012 | 30.55 | +10.4% |
| 2013 | 30.85 | +1.0% |
| 2014 | 29 | -6.0% |
| 2015 | 31.41 | +8.3% |
| 2016 | 30.71 | -2.2% |
| 2017 | 29.84 | -2.8% |
| 2018 | 26.86 | -10.0% |
| 2019 | 23.94 | -10.9% |
| 2020 | 30.3 | +26.5% |
| 2021 | 32.52 | +7.3% |
| 2022 | 30.27 | -6.9% |
| 2023 | 28.82 | -4.8% |
| 2024 | 30.18 | +4.7% |
| 2025 | 28.1 | -6.9% |
| 2026 | 27.85 | -0.9% |
| 2027 | 27.65 | -0.7% |
| 2028 | 27.56 | -0.3% |
| 2029 | 27.38 | -0.7% |
| 2030 | 27.29 | -0.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 19.84 | 18.61 | 21.45 | 5 |
| 2000s | 27.35 | 20.8 | 31.04 | 10 |
| 2010s | 29.06 | 23.94 | 31.41 | 10 |
| 2020s | 29.06 | 27.38 | 32.52 | 10 |
| 2030s | 27.29 | 27.29 | 27.29 | 1 |
Countries ranked near Barbados
More public sector data for Barbados
- Arms imports 10.00 million SIPRI trend indicator values (2009)
- Arms imports (SIPRI trend indicator values), per capita 36.48 SIPRI trend indicator values per person (2009)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0022 SIPRI trend indicator values per US$ of GDP (2009)
- Arms imports (SIPRI trend indicator values), gaps filled 10.00 million SIPRI trend indicator values (2009)
- Arms imports (SIPRI trend indicator values), per square kilometre 23,256 SIPRI trend indicator values per square kilometre (2009)
- Tax revenue 23.4% (2016)
- Capital stock, General government, Current prices, Domestic currency 9.85 (2019)
- Taxes on income, profits and capital gains 30.0% (2016)
- Capital stock, General government, Constant prices, Percent of GDP 132.09 (2019)
- Capital stock, General government, Constant prices, Purchasing power 4.43 (2019)
Frequently asked questions
- What is expenditure, general government, percent of gdp in Barbados?
- Expenditure, general government, percent of gdp in Barbados was 27.29 in 2030, according to International Monetary Fund.
- What is the highest expenditure, general government, percent of gdp recorded in Barbados?
- The highest recorded value was 32.52 in 2021.
- What is the lowest expenditure, general government, percent of gdp recorded in Barbados?
- The lowest recorded value was 18.61 in 1995.
- How does Barbados rank for expenditure, general government, percent of gdp?
- Barbados ranks 106th out of 195 countries with data for 2030.
- Is expenditure, general government, percent of gdp rising or falling in Barbados?
- Over the last ten years it is down 9.9%. The long-run trend across the full record is rising.
- Where does this Barbados data come from?
- The figures come from International Monetary Fund, published as part of Expenditure, General government, Percent of GDP. Statizoid updates them automatically from the source API.
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About this data
Fiscal Monitor (FM) 2025 October