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Government debt — all countries

Government debt — Barbados

Government debt in Barbados in 2031 — 69.1%. Ranked 134 in the world out of 184. Since 1994, the indicator has risen by 17.7 pp.

2031 69.1% −4 pp vs 2030
World rank 134of 184
Period maximum 134.6%2017
Period minimum 47%1999

Trend over time

1994–2031 · % of GDP

Government debt — Barbados, 1994–203105010015019941998200220062010201420182022202620301994: 51.4%1995: 52%1996: 52.3%1997: 52%1998: 47.2%1999: 47%2000: 53.6%2001: 59%2002: 62%2003: 61.8%2004: 61%2005: 62.7%2006: 64.1%2007: 64.9%2008: 69.8%2009: 83.5%2010: 90.3%2011: 94.4%2012: 103.5%2013: 111.7%2014: 115.1%2015: 122.5%2016: 127.1%2017: 134.6%2018: 107.2%2019: 101.6%2020: 129.6%2021: 108.6%2022: 104%2023: 104.1%2024: 98.9%2025: 94.2%2026: 89.5%2027: 85.1%2028: 81.2%2029: 77%2030: 73.1%2031: 69.1%
Change over the period: +17.7 pp Annual average: 0.48 pp

Comparison, 2031

How the value compares with the world and the groups this territory belongs to: Barbados

Barbados 69.1%
World computed 102.5%
Latin America & Caribbean computed 72.1%
High-income countries computed 108.6%
Government debt — Barbados, by year Barbados All countries CSV XLSX
Year % Change, pp
2031 69.1 −4 pp
2030 73.1 −3.9 pp
2029 77 −4.2 pp
2028 81.2 −3.9 pp
2027 85.1 −4.4 pp
2026 89.5 −4.7 pp
2025 94.2 −4.7 pp
2024 98.9 −5.2 pp
2023 104.1 +0.1 pp
2022 104 −4.6 pp
2021 108.6 −21 pp
2020 129.6 +28 pp
2019 101.6 −5.6 pp
2018 107.2 −27.4 pp
2017 134.6 +7.5 pp
2016 127.1 +4.6 pp
2015 122.5 +7.4 pp
2014 115.1 +3.4 pp
2013 111.7 +8.2 pp
2012 103.5 +9.1 pp
2011 94.4 +4.1 pp
2010 90.3 +6.8 pp
2009 83.5 +13.7 pp
2008 69.8 +4.9 pp
2007 64.9 +0.8 pp
2006 64.1 +1.4 pp
2005 62.7 +1.7 pp
2004 61 −0.8 pp
2003 61.8 −0.2 pp
2002 62 +3 pp
2001 59 +5.4 pp
2000 53.6 +6.6 pp
1999 47 −0.2 pp
1998 47.2 −4.8 pp
1997 52 −0.3 pp
1996 52.3 +0.3 pp
1995 52 +0.6 pp
1994 51.4 —

Caribbean, 2031

The same indicator for neighboring countries — with links to their pages

HT Haiti 11.8 PR Puerto Rico 18.6 AW Aruba 48 DO Dominican Republic 50 AG Antigua and Barbuda 58.4 JM Jamaica 60.5 BS Bahamas 61.9 GD Grenada 66.8 BB Barbados 69.1 LC Saint Lucia 77.4 KN Saint Kitts and Nevis 79.2 DM Dominica 81.6 TT Trinidad and Tobago 82.1 VC Saint Vincent and the Grenadines 144.7
Full table for all countries

About the indicator

Gross general government debt as a percent of GDP from the IMF World Economic Outlook database: all liabilities that require future payments of interest and/or principal. It covers the central government, regional and local budgets and extrabudgetary funds where the data allow. The threshold of 60% of GDP is used in the EU Maastricht criteria as a benchmark of sustainability.

Important: The coverage of the government sector differs between countries; when levels are compared, it matters whether regional budgets are included.

Source: World Economic Outlook (IMF), license IMF open data.

Other indicators for Barbados

Public Finance Budget balance

The budget deficit or surplus as a percent of GDP. A negative value means spending exceeds revenue.

Barbados by year Public Finance Government revenue

How much the state collects in a year — all revenue except foreign grants.

Barbados by year Public Finance Tax revenue (% of GDP)

Taxes collected as a percent of GDP — the fiscal capacity of the state.

Barbados by year
All indicators for Barbados