Government revenue in Barbados in 2016 — 25.21%. Ranked 67 in the world out of 144. Since 2003, the indicator has fallen by 3.12 pp.
2003–2016 · % of GDP
How the value compares with the world and the groups this territory belongs to: Barbados
| Year | % | Change, pp |
|---|---|---|
| 2016 | 25.21 | +3.11 pp |
| 2015 | 22.1 | +1.52 pp |
| 2014 | 20.58 | +0.14 pp |
| 2013 | 20.44 | −1.38 pp |
| 2012 | 21.81 | −1.4 pp |
| 2011 | 23.21 | +1.03 pp |
| 2010 | 22.17 | −5.77 pp |
| 2009 | 27.94 | +0.65 pp |
| 2008 | 27.29 | +0.25 pp |
| 2007 | 27.05 | +0.71 pp |
| 2006 | 26.33 | −1.65 pp |
| 2005 | 27.98 | −0.64 pp |
| 2004 | 28.62 | +0.29 pp |
| 2003 | 28.33 | — |
The same indicator for neighboring countries — with links to their pages
Central government revenue excluding grants, as a percent of GDP. Beyond taxes it includes non-tax receipts: dividends of state-owned companies, revenue from the sale of extraction rights, duties and fees. That is why the difference between this indicator and tax revenue says something about the structure of a state: in commodity countries it is large, because a substantial part of the budget comes not from taxes but from rent.
Important: Grants are excluded deliberately: in the poorest countries foreign aid can make up a substantial part of the budget, and with it included the indicator would no longer measure the ability of a state to raise revenue.
Source: World Development Indicators (World Bank), license CC BY 4.0.
How much the state spends in a year — including wages, pensions, benefits and interest on debt.
Public Finance Budget balanceThe budget deficit or surplus as a percent of GDP. A negative value means spending exceeds revenue.
Public Finance Tax revenue (% of GDP)Taxes collected as a percent of GDP — the fiscal capacity of the state.
Public Finance Government debtGross general government debt as a percent of GDP.
