Revenue, excluding grants in Barbados
Barbados: Revenue, excluding grants was 25.2% in 2016. ▼ Falling
Revenue, excluding grants in Barbados, 2003–2016
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2016, revenue, excluding grants in Barbados stood at 25.2%.
That represents a change of up 14.1% on the previous year and down 4.3% over ten years.
Over the whole period, revenue, excluding grants in Barbados peaked at 28.6% in 2004 and was at its lowest, 20.4%, in 2013.
That places Barbados 80th out of 157 countries with data for 2016, putting it in the middle of the range.
The long-run direction has been consistently falling across the 14 years of available data.
Revenue, excluding grants in Barbados, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2003 | 28.3% | — |
| 2004 | 28.6% | +1.0% |
| 2005 | 28.0% | -2.2% |
| 2006 | 26.3% | -5.9% |
| 2007 | 27.0% | +2.7% |
| 2008 | 27.3% | +0.9% |
| 2009 | 27.9% | +2.4% |
| 2010 | 22.2% | -20.6% |
| 2011 | 23.2% | +4.7% |
| 2012 | 21.8% | -6.0% |
| 2013 | 20.4% | -6.3% |
| 2014 | 20.6% | +0.7% |
| 2015 | 22.1% | +7.4% |
| 2016 | 25.2% | +14.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 27.6% | 26.3% | 28.6% | 7 |
| 2010s | 22.2% | 20.4% | 25.2% | 7 |
Countries ranked near Barbados
- 77 Saint Vincent and the Grenadines 25.6% compare
- 78 Solomon Islands 25.4% compare
- 79 Iran, Islamic Republic of 25.4% compare
- 81 Eswatini 25.1% compare
- 82 Maldives 24.8% compare
- 83 Mauritius 24.7% 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 revenue, excluding grants in Barbados?
- Revenue, excluding grants in Barbados was 25.2% in 2016, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest revenue, excluding grants recorded in Barbados?
- The highest recorded value was 28.6% in 2004.
- What is the lowest revenue, excluding grants recorded in Barbados?
- The lowest recorded value was 20.4% in 2013.
- How does Barbados rank for revenue, excluding grants?
- Barbados ranks 80th out of 157 countries with data for 2016.
- Is revenue, excluding grants rising or falling in Barbados?
- Over the last ten years it is down 4.3%. The long-run trend across the full record is falling.
- 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 Revenue, excluding grants (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Revenue is an increase in net worth resulting from a transaction. Grants are excluded from this figure. 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.