Net incurrence of liabilities, total (current LCU) in Barbados
Barbados: Net incurrence of liabilities, total (current LCU) was 464.42 million current LCU in 2016. ◆ Volatile
Net incurrence of liabilities, total in Barbados, 2003–2016
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2016, net incurrence of liabilities, total in Barbados stood at 464.42 million current LCU.
That represents a change of down 53.6% on the previous year and up 412.7% over ten years.
Over the whole period, net incurrence of liabilities, total in Barbados peaked at 1.06 billion current LCU in 2012 and was at its lowest, 66.84 million current LCU, in 2003.
Barbados ranks 110th of 136 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net incurrence of liabilities, total (current LCU) in Barbados, year by year
| Year | current LCU | Change |
|---|---|---|
| 2003 | 66.84 million current LCU | — |
| 2005 | 243.52 million current LCU | +264.3% |
| 2006 | 90.59 million current LCU | -62.8% |
| 2007 | 1.06 billion current LCU | +1074.8% |
| 2008 | 642.71 million current LCU | -39.6% |
| 2009 | 958.05 million current LCU | +49.1% |
| 2010 | 917.48 million current LCU | -4.2% |
| 2011 | 672.45 million current LCU | -26.7% |
| 2012 | 1.06 billion current LCU | +58.3% |
| 2013 | 877.26 million current LCU | -17.6% |
| 2014 | 930.41 million current LCU | +6.1% |
| 2015 | 999.91 million current LCU | +7.5% |
| 2016 | 464.42 million current LCU | -53.6% |
Barbados compared with similar countries
- Barbados's 464.42 million current LCU is below the median for high income countries, which is 9.91 billion current LCU, 5% of the median. (41 countries reporting)
- Barbados's 464.42 million current LCU is below the median for Latin America & Caribbean, which is 9.26 billion current LCU, 5% of the median. (24 countries reporting)
Biggest year-on-year movements
Years where Net incurrence of liabilities, total (current LCU) in Barbados changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2007 | +1074.8% | 90.59 million current LCU | 1.06 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 511.00 million current LCU | 66.84 million current LCU | 1.06 billion current LCU | 6 |
| 2010s | 846.65 million current LCU | 464.42 million current LCU | 1.06 billion current LCU | 7 |
Countries ranked near Barbados
- 107 Solomon Islands 664.38 million current LCU compare
- 108 Fiji 663.44 million current LCU compare
- 109 Tajikistan 637.67 million current LCU compare
- 111 Lesotho 272.10 million current LCU compare
- 112 Malta 82.95 million current LCU
- 113 Cyprus 71.42 million current LCU
More public sector data for Barbados
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- 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)
Frequently asked questions
- What is net incurrence of liabilities, total in Barbados?
- Net incurrence of liabilities, total in Barbados was 464.42 million current LCU in 2016, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net incurrence of liabilities, total recorded in Barbados?
- The highest recorded value was 1.06 billion current LCU in 2012.
- What is the lowest net incurrence of liabilities, total recorded in Barbados?
- The lowest recorded value was 66.84 million current LCU in 2003.
- How does Barbados rank for net incurrence of liabilities, total?
- Barbados ranks 110th out of 136 countries with data for 2016.
- Is net incurrence of liabilities, total rising or falling in Barbados?
- Over the last ten years it is up 412.7%. The long-run trend across the full record is volatile.
- 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 Net incurrence of liabilities, total (current LCU). Statizoid updates them automatically from the source API.
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About this data
Net incurrence of government liabilities includes foreign financing (obtained from nonresidents) and domestic financing (obtained from residents), or the means by which a government provides financial resources to cover a budget deficit or allocates financial resources arising from a budget surplus. The net incurrence of liabilities should be offset by the net acquisition of financial assets. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.