Government spending vs gdp per capita in Barbados
Barbados: Government spending vs gdp per capita was 29.75 in 2024. ▲ Rising
Latest (2024)
29.75
Change on year
up 5.0%
World rank
79th
of 151 countries
All-time high
32.61
in 2020
All-time low
16.8
in 1994
Years of data
31
1994–2024
Government spending vs gdp per capita in Barbados, 1994–2024
Source: Our World in Data.
Analysis
Barbados recorded 29.75 for government spending vs gdp per capita in 2024.
That represents a change of up 5.0% on the previous year and up 2.2% over ten years.
Over the whole period, government spending vs gdp per capita in Barbados peaked at 32.61 in 2020 and was at its lowest, 16.8, in 1994.
That places Barbados 79th out of 151 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 31 years of available data.
Government spending vs gdp per capita in Barbados, year by year
| Year | Value | Change |
|---|---|---|
| 1994 | 16.8 | — |
| 1995 | 18.28 | +8.8% |
| 1996 | 20.15 | +10.2% |
| 1997 | 20.7 | +2.7% |
| 1998 | 18.77 | -9.3% |
| 1999 | 19.53 | +4.0% |
| 2000 | 20.81 | +6.6% |
| 2001 | 21.88 | +5.1% |
| 2002 | 30.77 | +40.7% |
| 2003 | 29.27 | -4.9% |
| 2004 | 27.68 | -5.4% |
| 2005 | 27.87 | +0.7% |
| 2006 | 26.39 | -5.3% |
| 2007 | 27.6 | +4.6% |
| 2008 | 28.59 | +3.6% |
| 2009 | 29.4 | +2.8% |
| 2010 | 29.49 | +0.3% |
| 2011 | 27.77 | -5.8% |
| 2012 | 30.4 | +9.5% |
| 2013 | 30.81 | +1.3% |
| 2014 | 29.11 | -5.5% |
| 2015 | 31.35 | +7.7% |
| 2016 | 30.45 | -2.9% |
| 2017 | 29.69 | -2.5% |
| 2018 | 26.67 | -10.2% |
| 2019 | 23.54 | -11.7% |
| 2020 | 32.61 | +38.5% |
| 2021 | 30.38 | -6.8% |
| 2022 | 29.43 | -3.1% |
| 2023 | 28.32 | -3.8% |
| 2024 | 29.75 | +5.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 19.04 | 16.8 | 20.7 | 6 |
| 2000s | 27.03 | 20.81 | 30.77 | 10 |
| 2010s | 28.93 | 23.54 | 31.35 | 10 |
| 2020s | 30.1 | 28.32 | 32.61 | 5 |
Countries ranked near Barbados
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)
- Net primary income (Net income from abroad) (current LCU), annual -16.17 % change on previous year (2025)
- Taxes less subsidies on products (current US$), annual growth rate 5.51 % change on previous year (2025)
- Taxes less subsidies on products (current US$), per unit of GDP 0.104 current US$ per US$ of GDP (2025)
- Taxes less subsidies on products (current US$), per capita 2,949 current US$ per person (2025)
- Taxes less subsidies on products (current LCU), annual growth rate 5.52 % change on previous year (2025)
- Taxes less subsidies on products (current LCU), per unit of GDP 0.2079 current LCU per US$ of GDP (2025)
- Taxes less subsidies on products (current LCU), per capita 5,898 current LCU per person (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.3651 (2025)
Frequently asked questions
- What is government spending vs gdp per capita in Barbados?
- Government spending vs gdp per capita in Barbados was 29.75 in 2024, according to Our World in Data.
- What is the highest government spending vs gdp per capita recorded in Barbados?
- The highest recorded value was 32.61 in 2020.
- What is the lowest government spending vs gdp per capita recorded in Barbados?
- The lowest recorded value was 16.8 in 1994.
- How does Barbados rank for government spending vs gdp per capita?
- Barbados ranks 79th out of 151 countries with data for 2024.
- Is government spending vs gdp per capita rising or falling in Barbados?
- Over the last ten years it is up 2.2%. The long-run trend across the full record is rising.
- Where does this Barbados data come from?
- The figures come from Our World in Data, published as part of Government spending vs gdp per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 31 observations, free to reuse under CC BY 4.0 (Our World in Data).