Government expense — all countries

Government expense — Barbados

Government expense in Barbados in 2016 — 28.77%. Ranked 53 in the world out of 145. Since 2003, the indicator has risen by 1.78 pp.

2016 28.77% −0.43 pp vs 2015
World rank 53of 145
Period maximum 33.98%2009
Period minimum 25.79%2004

Trend over time

2003–2016 · % of GDP

Government expense — Barbados, 2003–20162527.53032.535200320052007200920112013201520162003: 26.98%2004: 25.79%2005: 28.1%2006: 26.9%2007: 29.25%2008: 30.86%2009: 33.98%2010: 28.67%2011: 27.02%2012: 29.84%2013: 29.35%2014: 27.63%2015: 29.19%2016: 28.77%
Change over the period: +1.78 pp Annual average: 0.14 pp

Comparison, 2016

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

Barbados 28.77%
World 26.56%
Government expense — Barbados, by year Barbados All countries CSV XLSX
Year % Change, pp
2016 28.77 −0.43 pp
2015 29.19 +1.56 pp
2014 27.63 −1.71 pp
2013 29.35 −0.49 pp
2012 29.84 +2.83 pp
2011 27.02 −1.65 pp
2010 28.67 −5.31 pp
2009 33.98 +3.12 pp
2008 30.86 +1.62 pp
2007 29.25 +2.35 pp
2006 26.9 −1.21 pp
2005 28.1 +2.31 pp
2004 25.79 −1.19 pp
2003 26.98

About the indicator

Central government expense as a percent of GDP: compensation of public employees, purchases of goods and services, interest on debt, subsidies, grants and social benefits. The indicator is broader than government consumption from the national accounts, because it includes transfers — pensions and benefits — which the accounts record as household income. The quantity is closely tied to the level of income: in advanced countries it is usually twice as high as in the poorest ones.

Important: Central government only. In federations the spending of regions is not included here, so comparing unitary and federal states by this indicator calls for a caveat.

Source: World Development Indicators (World Bank), license CC BY 4.0.