Interest payments in Barbados
Barbados: Interest payments was 22.5% in 2016. ▲ Rising
Interest payments in Barbados, 2003–2016
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
Barbados recorded 22.5% for interest payments in 2016. That is the highest value across all 14 years on record.
That represents a change of up 12.9% on the previous year and up 57.4% over ten years.
Over the whole period, interest payments in Barbados peaked at 22.5% in 2016 and was at its lowest, 13.4%, in 2008.
Barbados ranks 10th of 152 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 14 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 14.4% | 13.4% | 15.8% | 7 |
| 2010s | 18.8% | 15.7% | 22.5% | 7 |
Countries ranked near Barbados
More public sector data for Barbados
- Arms imports 10.00 million SIPRI trend indicator values (2009)
- Tax revenue 23.4% (2016)
- Taxes on income, profits and capital gains 30.0% (2016)
- Taxes on goods and services 45.9% (2016)
- Net investment in nonfinancial assets 1.1% (2016)
- Net lending (+) / net borrowing (-) -4.1% (2016)
- Interest payments 25.6% (2016)
- Grants and other revenue 7.5% (2016)
- Other taxes 8.0% (2016)
- Compensation of employees 24.7% (2016)
Frequently asked questions
- What is interest payments in Barbados?
- Interest payments in Barbados was 22.5% in 2016, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest interest payments recorded in Barbados?
- The highest recorded value was 22.5% in 2016.
- What is the lowest interest payments recorded in Barbados?
- The lowest recorded value was 13.4% in 2008.
- How does Barbados rank for interest payments?
- Barbados ranks 10th out of 152 countries with data for 2016.
- Is interest payments rising or falling in Barbados?
- Over the last ten years it is up 57.4%. The long-run trend across the full record is rising.
- Where does this Barbados data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Interest payments (% of expense). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 14 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Interest payments include interest payments on government debt (including long-term bonds, long-term loans, and other debt instruments) to domestic and foreign residents. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.