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Barbados · Government & public finance

Public debt, deficits, revenue, spending and taxation.

18 indicators · 11 with data

Debt

Debt / GDP

% of GDP

50th of 51 · 8th in Latin America*
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Debt / GDPBarbados's debt / gdp rose from 63.8 % in 2005 to 125.0 % in 2016.2006200820102012201420160%50%100%125.0 %

Barbados's debt / gdp rose from 63.8 % in 2005 to 125.0 % in 2016.

Gross debt / GDP

% of GDP

85th of 94 · 20th in Latin America
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Gross debt / GDPBarbados's gross debt / gdp rose from 52.3 % in 1996 to 94.2 % in 2025.2000200520102015202020250%50%100%94.2 %

Barbados's gross debt / gdp rose from 52.3 % in 1996 to 94.2 % in 2025.

Interest payments (% of revenue)

% of revenue

135th of 140 · 21st in Latin America*
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Interest payments (% of revenue)Barbados's interest payments (% of revenue) rose from 15.0 % in 2003 to 25.6 % in 2016.200420062008201020122014201610%15%20%25%30%25.6 %

Barbados's interest payments (% of revenue) rose from 15.0 % in 2003 to 25.6 % in 2016.

Balance

Fiscal balance

% of GDP

19th of 97 · 3rd in Latin America
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Fiscal balanceBarbados's fiscal balance fell from 3.5 % in 1996 to -0.3 % in 2025.200020052010201520202025-10%-5%0%5%10%-0.3 %

Barbados's fiscal balance fell from 3.5 % in 1996 to -0.3 % in 2025.

Revenue & spending

Central gov. revenue

% of GDP

67th of 144 · 8th in Latin America*
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Central gov. revenueBarbados's central gov. revenue fell from 28.3 % in 2003 to 25.2 % in 2016.200420062008201020122014201618%20%22%24%26%28%30%25.2 %

Barbados's central gov. revenue fell from 28.3 % in 2003 to 25.2 % in 2016.

Central gov. expense

% of GDP

53rd of 145 · 5th in Latin America*
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Central gov. expenseBarbados's central gov. expense rose from 27.0 % in 2003 to 28.8 % in 2016.200420062008201020122014201624%26%28%30%32%34%36%28.8 %

Barbados's central gov. expense rose from 27.0 % in 2003 to 28.8 % in 2016.

Gov. revenue

% of GDP

49th of 97 · 9th in Latin America
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Gov. revenueBarbados's gov. revenue rose from 22.6 % in 1996 to 26.7 % in 2025.20002005201020152020202520%22%24%26%28%26.7 %

Barbados's gov. revenue rose from 22.6 % in 1996 to 26.7 % in 2025.

Gov. expenditure

% of GDP

55th of 97 · 10th in Latin America
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Gov. expenditureBarbados's gov. expenditure rose from 19.1 % in 1996 to 27.0 % in 2025.20002005201020152020202515%20%25%30%35%27.0 %

Barbados's gov. expenditure rose from 19.1 % in 1996 to 27.0 % in 2025.

Tax revenue

% of GDP

47th of 145 · 4th in Latin America*
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Tax revenueBarbados's tax revenue fell from 25.2 % in 2003 to 23.4 % in 2016.200420062008201020122014201618%20%22%24%26%28%23.4 %

Barbados's tax revenue fell from 25.2 % in 2003 to 23.4 % in 2016.

Spending

Health spending

% of GDP

120th of 192 · 23rd in Latin America
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Health spendingBarbados's health spending rose from 4.9 % in 2000 to 5.4 % in 2023.200020052010201520205%6%7%8%5.4 %

Barbados's health spending rose from 4.9 % in 2000 to 5.4 % in 2023.

Education spending

% of GDP

30th of 40 · 10th in Latin America
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Education spendingBarbados's education spending fell from 6.8 % in 1972 to 3.6 % in 2024.198019902000201020200%2%4%6%8%3.6 %

Barbados's education spending fell from 6.8 % in 1972 to 3.6 % in 2024.

›No data available (7)

These indicators exist in the registry but no source reports a value for Barbados.

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