Interest payments in Barbados
Barbados: Interest payments was 25.6% in 2016. ▲ Rising
Interest payments in Barbados, 2003–2016
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
In 2016, interest payments in Barbados stood at 25.6%.
The figure is down 2.0% on the previous year and up 75.5% over ten years.
Over the whole period, interest payments in Barbados peaked at 26.9% in 2014 and was at its lowest, 13.7%, in 2004.
That places Barbados 9th out of 155 countries with data for 2016, putting it in the top 10%.
The long-run direction has been consistently rising across the 14 years of available data.
Interest payments in Barbados, year by year
| Year | % of revenue | Change |
|---|---|---|
| 2003 | 15.0% | — |
| 2004 | 13.7% | -8.6% |
| 2005 | 13.8% | +0.6% |
| 2006 | 14.6% | +5.8% |
| 2007 | 15.4% | +5.1% |
| 2008 | 15.1% | -1.9% |
| 2009 | 17.0% | +12.9% |
| 2010 | 20.3% | +19.2% |
| 2011 | 20.3% | +0.1% |
| 2012 | 23.3% | +14.7% |
| 2013 | 25.8% | +11.0% |
| 2014 | 26.9% | +4.1% |
| 2015 | 26.2% | -2.7% |
| 2016 | 25.6% | -2.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 14.9% | 13.7% | 17.0% | 7 |
| 2010s | 24.1% | 20.3% | 26.9% | 7 |
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 interest payments in Barbados?
- Interest payments in Barbados was 25.6% 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 26.9% in 2014.
- What is the lowest interest payments recorded in Barbados?
- The lowest recorded value was 13.7% in 2004.
- How does Barbados rank for interest payments?
- Barbados ranks 9th out of 155 countries with data for 2016.
- Is interest payments rising or falling in Barbados?
- Over the last ten years it is up 75.5%. 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 revenue). Statizoid updates them automatically from the source API.
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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 a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.