Subsidies and other transfers in Barbados
Barbados: Subsidies and other transfers was 37.9% in 2016. ▲ Rising
Subsidies and other transfers in Barbados, 2003–2016
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
The most recent figure for subsidies and other transfers in Barbados is 37.9%, measured in 2016.
The figure is down 7.4% on the previous year and down 4.3% over ten years.
Over the whole period, subsidies and other transfers in Barbados peaked at 42.3% in 2008 and was at its lowest, 25.4%, in 2003.
Barbados ranks 76th of 152 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 14 years of available data.
Subsidies and other transfers in Barbados, year by year
| Year | % of expense | Change |
|---|---|---|
| 2003 | 25.4% | — |
| 2004 | 31.2% | +23.2% |
| 2005 | 36.4% | +16.6% |
| 2006 | 39.6% | +8.7% |
| 2007 | 41.8% | +5.6% |
| 2008 | 42.3% | +1.0% |
| 2009 | 40.5% | -4.3% |
| 2010 | 40.2% | -0.7% |
| 2011 | 35.7% | -11.1% |
| 2012 | 39.2% | +9.6% |
| 2013 | 40.3% | +2.8% |
| 2014 | 39.1% | -3.0% |
| 2015 | 40.9% | +4.7% |
| 2016 | 37.9% | -7.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 36.7% | 25.4% | 42.3% | 7 |
| 2010s | 39.0% | 35.7% | 40.9% | 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 subsidies and other transfers in Barbados?
- Subsidies and other transfers in Barbados was 37.9% in 2016, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest subsidies and other transfers recorded in Barbados?
- The highest recorded value was 42.3% in 2008.
- What is the lowest subsidies and other transfers recorded in Barbados?
- The lowest recorded value was 25.4% in 2003.
- How does Barbados rank for subsidies and other transfers?
- Barbados ranks 76th out of 152 countries with data for 2016.
- Is subsidies and other transfers rising or falling in Barbados?
- Over the last ten years it is down 4.3%. 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 Subsidies and other transfers (% 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
Subsidies are current unrequited payments that government units, including nonresident government units, make to enterprises on the basis of the levels of their production activities or the quantities or values of the goods or services that they produce, sell, export or import. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.