Revenue, General government, Percent of GDP in Barbados
Barbados: Revenue, General government, Percent of GDP was 27.81 in 2030. ▲ Rising
Latest (2030)
27.81
Change on year
down 0.1%
World rank
90th
of 195 countries
All-time high
29.28
in 2024
All-time low
21.87
in 2013
Years of data
36
1995–2030
Revenue, General government, Percent of GDP in Barbados, 1995–2030
Source: International Monetary Fund.
Analysis
Barbados recorded 27.81 for revenue, general government, percent of gdp in 2030.
Compared with earlier readings it is down 0.1% on the previous year and up 6.4% over ten years.
Over the whole period, revenue, general government, percent of gdp in Barbados peaked at 29.28 in 2024 and was at its lowest, 21.87, in 2013.
Barbados ranks 90th of 195 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 36 years of available data.
Revenue, General government, Percent of GDP in Barbados, year by year
| Year | Value | Change |
|---|---|---|
| 1995 | 24.83 | — |
| 1996 | 24.21 | -2.5% |
| 1997 | 27.1 | +11.9% |
| 1998 | 25.03 | -7.6% |
| 1999 | 25.07 | +0.2% |
| 2000 | 25.74 | +2.7% |
| 2001 | 26.04 | +1.1% |
| 2002 | 25.75 | -1.1% |
| 2003 | 26.77 | +3.9% |
| 2004 | 25.55 | -4.5% |
| 2005 | 25.66 | +0.4% |
| 2006 | 23.78 | -7.3% |
| 2007 | 23.44 | -1.5% |
| 2008 | 24.04 | +2.6% |
| 2009 | 22.95 | -4.6% |
| 2010 | 22.18 | -3.3% |
| 2011 | 24.05 | +8.5% |
| 2012 | 23.48 | -2.4% |
| 2013 | 21.87 | -6.9% |
| 2014 | 22.43 | +2.6% |
| 2015 | 23.24 | +3.6% |
| 2016 | 25.83 | +11.1% |
| 2017 | 25.96 | +0.5% |
| 2018 | 26.51 | +2.1% |
| 2019 | 27.02 | +1.9% |
| 2020 | 26.14 | -3.3% |
| 2021 | 27.87 | +6.6% |
| 2022 | 28.31 | +1.6% |
| 2023 | 27.11 | -4.3% |
| 2024 | 29.28 | +8.0% |
| 2025 | 27.76 | -5.2% |
| 2026 | 27.92 | +0.6% |
| 2027 | 27.94 | +0.1% |
| 2028 | 27.85 | -0.3% |
| 2029 | 27.85 | +0.0% |
| 2030 | 27.81 | -0.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 25.25 | 24.21 | 27.1 | 5 |
| 2000s | 24.97 | 22.95 | 26.77 | 10 |
| 2010s | 24.26 | 21.87 | 27.02 | 10 |
| 2020s | 27.8 | 26.14 | 29.28 | 10 |
| 2030s | 27.81 | 27.81 | 27.81 | 1 |
Countries ranked near Barbados
- 87 United Arab Emirates 28.49 compare
- 88 Morocco 28.34 compare
- 89 El Salvador 28.14 compare
- 91 Mozambique 27.8 compare
- 92 Georgia 27.67 compare
- 93 South Africa 27.65 compare
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 revenue, general government, percent of gdp in Barbados?
- Revenue, general government, percent of gdp in Barbados was 27.81 in 2030, according to International Monetary Fund.
- What is the highest revenue, general government, percent of gdp recorded in Barbados?
- The highest recorded value was 29.28 in 2024.
- What is the lowest revenue, general government, percent of gdp recorded in Barbados?
- The lowest recorded value was 21.87 in 2013.
- How does Barbados rank for revenue, general government, percent of gdp?
- Barbados ranks 90th out of 195 countries with data for 2030.
- Is revenue, general government, percent of gdp rising or falling in Barbados?
- Over the last ten years it is up 6.4%. 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 Revenue, 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