Central government debt, total in Barbados
Barbados: Central government debt, total was 125.0% in 2016. ▲ Rising
Central government debt, total in Barbados, 2005–2016
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for central government debt, total in Barbados is 125.0%, measured in 2016. That is the highest value across all 12 years on record.
Compared with earlier readings it is up 6.6% on the previous year and up 100.5% over ten years.
Over the whole period, central government debt, total in Barbados peaked at 125.0% in 2016 and was at its lowest, 62.4%, in 2006.
Barbados ranks 3rd of 83 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 12 years of available data.
Central government debt, total in Barbados, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2005 | 63.8% | — |
| 2006 | 62.4% | -2.2% |
| 2007 | 66.8% | +7.1% |
| 2008 | 71.1% | +6.4% |
| 2009 | 86.9% | +22.2% |
| 2010 | 79.9% | -8.0% |
| 2011 | 83.9% | +5.1% |
| 2012 | 94.8% | +12.9% |
| 2013 | 99.6% | +5.1% |
| 2014 | 107.1% | +7.6% |
| 2015 | 117.2% | +9.5% |
| 2016 | 125.0% | +6.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 70.2% | 62.4% | 86.9% | 5 |
| 2010s | 101.1% | 79.9% | 125.0% | 7 |
Countries ranked near Barbados
- 1 Singapore 167.8% compare
- 2 United Kingdom of Great Britain and Northern Ireland 130.7% compare
- 4 United States of America 115.8% compare
- 5 Bahrain 111.6% compare
- 6 Bhutan 111.0% compare
More economy & growth data for Barbados
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.99 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2 Percent per annum (2029)
- Agriculture, forestry, and fishing, value added (current LCU), annual -1.03 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (current LCU), per 0.0311 current LCU per US$ of GDP (2024)
- Agriculture, forestry, and fishing, value added (current LCU), per 836.37 current LCU per person (2024)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) -4.25 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 0.0122 constant 2015 US$ per US$ of GDP (2024)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 327.59 constant 2015 US$ per person (2024)
- Agriculture, forestry, and fishing, value added (constant LCU) -4.25 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (constant LCU), per 0.0301 constant LCU per US$ of GDP (2024)
Frequently asked questions
- What is central government debt, total in Barbados?
- Central government debt, total in Barbados was 125.0% in 2016, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest central government debt, total recorded in Barbados?
- The highest recorded value was 125.0% in 2016.
- What is the lowest central government debt, total recorded in Barbados?
- The lowest recorded value was 62.4% in 2006.
- How does Barbados rank for central government debt, total?
- Barbados ranks 3rd out of 83 countries with data for 2016.
- Is central government debt, total rising or falling in Barbados?
- Over the last ten years it is up 100.5%. 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 Central government debt, total (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year. Central government is the part of general government that includes all administrative departments of the national executive, legislative, and judicial functions, other central agencies and those non-market producers controlled by the central government, whose competence extends normally over the whole economic territory. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.