Total Expenditure (central government) — Value Standard Local Currency in Barbados
Barbados: Total Expenditure (central government) — Value Standard Local Currency was 4,698 million SLC in 2024. ▲ Rising
Total Expenditure (central government) — Value Standard Local Currency in Barbados, 2003–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
Barbados recorded 4,698 million SLC for total expenditure (central government) — value standard local currency in 2024. That is the highest value across all 22 years on record.
That represents a change of up 9.1% on the previous year and up 48.0% over ten years.
Over the whole period, total expenditure (central government) — value standard local currency in Barbados peaked at 4,698 million SLC in 2024 and was at its lowest, 2,258 million SLC, in 2004.
That places Barbados 150th out of 174 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 22 years of available data.
Total Expenditure (central government) — Value Standard Local Currency in Barbados, year by year
| Year | million SLC | Change |
|---|---|---|
| 2003 | 2,307 million SLC | — |
| 2004 | 2,258 million SLC | -2.1% |
| 2005 | 2,321 million SLC | +2.8% |
| 2006 | 2,373 million SLC | +2.2% |
| 2007 | 3,243 million SLC | +36.6% |
| 2008 | 3,034 million SLC | -6.4% |
| 2009 | 3,058 million SLC | +0.8% |
| 2010 | 3,118 million SLC | +2.0% |
| 2011 | 2,997 million SLC | -3.9% |
| 2012 | 3,280 million SLC | +9.5% |
| 2013 | 3,360 million SLC | +2.4% |
| 2014 | 3,174 million SLC | -5.5% |
| 2015 | 3,359 million SLC | +5.8% |
| 2016 | 2,408 million SLC | -28.3% |
| 2017 | 4,248 million SLC | +76.4% |
| 2018 | 3,304 million SLC | -22.2% |
| 2019 | 2,666 million SLC | -19.3% |
| 2020 | 3,501 million SLC | +31.3% |
| 2021 | 4,002 million SLC | +14.3% |
| 2022 | 4,297 million SLC | +7.4% |
| 2023 | 4,306 million SLC | +0.2% |
| 2024 | 4,698 million SLC | +9.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2,657 million SLC | 2,258 million SLC | 3,243 million SLC | 7 |
| 2010s | 3,191 million SLC | 2,408 million SLC | 4,248 million SLC | 10 |
| 2020s | 4,161 million SLC | 3,501 million SLC | 4,698 million SLC | 5 |
Countries ranked near Barbados
- 147 Brunei Darussalam 6,163 million SLC compare
- 148 Solomon Islands 5,302 million SLC compare
- 149 Palestine 4,983 million SLC compare
- 151 Sao Tome and Principe 3,775 million SLC compare
- 152 Bahrain 3,623 million SLC compare
- 153 Bahamas 3,547 million SLC 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)
- Gross value added at basic prices (GVA) (current LCU), annual growth 5.52 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 1.79 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 50,832 current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 2.7 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.7349 constant 2015 US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 20,846 constant 2015 US$ per person (2025)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 2.7 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 1.71 constant LCU per US$ of GDP (2025)
Frequently asked questions
- What is total expenditure (central government) — value standard local currency in Barbados?
- Total expenditure (central government) — value standard local currency in Barbados was 4,698 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest total expenditure (central government) — value standard local currency recorded in Barbados?
- The highest recorded value was 4,698 million SLC in 2024.
- What is the lowest total expenditure (central government) — value standard local currency recorded in Barbados?
- The lowest recorded value was 2,258 million SLC in 2004.
- How does Barbados rank for total expenditure (central government) — value standard local currency?
- Barbados ranks 150th out of 174 countries with data for 2024.
- Is total expenditure (central government) — value standard local currency rising or falling in Barbados?
- Over the last ten years it is up 48.0%. The long-run trend across the full record is rising.
- Where does this Barbados data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Total Expenditure (central government) — Value Standard Local Currency. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 22 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The Statistics Division of FAO collects annually data on Government Expenditure on Agriculture through a questionnaire, which was developed in partnership with the International Monetary Fund (IMF). The IMF is the responsible institution for the Government Finance Statistics (GFS) methodology and annually collects GFS data, including Expenditure by Functions of Government (COFOG). The Classification of the Functions of Government (COFOG) is an international classification developed by Organisation for Economic Co-operation and Development (OECD) and published by the United Nations Statistical Division (UNSD), with the aim of categorise governments' functions according to their purposes. The FAO questionnaire aligns with Table 7 of the IMF GFS questionnaire, replicates the relevant aggregates and drills down to request additional detail related to Agriculture. The FAO dataset consists of a time series, from 2001 onwards, of Total Government Expenditure and expenditure in: Agriculture, Forestry, Fishing and Hunting, along with its three disaggregated subsectors of Agriculture, Forestry and Fishing; and Environmental Protection. In addition, expenditure in each detailed function are further disaggregated into Recurrent and Capital expenditure. Additional indicators include the Agriculture Share of Government Expenditure, and the Agriculture Orientation Index (ratio between the Agriculture Share of Government Expenditure and the Agriculture Value Added as Share of GDP). Data are reported for the highest level of government available (Consolidated general government, consolidated central government or budgetary central government) and are available for about 100 countries on a regular basis.