Total government revenue (budgetary central government) as a in Barbados
Barbados: Total government revenue (budgetary central government) as a was 29.7% in 2016. ▼ Falling
Latest (2016)
29.7%
Change on year
up 10.5%
World rank
92nd
of 182 countries
All-time high
35.8%
in 2004
All-time low
24.7%
in 2013
Years of data
14
2003–2016
Total government revenue (budgetary central government) as a in Barbados, 2003–2016
Source: United Nations Statistics Division, SDG Global Database.
Analysis
In 2016, total government revenue (budgetary central government) as a in Barbados stood at 29.7%.
Compared with earlier readings it is up 10.5% on the previous year and up 12.8% over ten years.
Over the whole period, total government revenue (budgetary central government) as a in Barbados peaked at 35.8% in 2004 and was at its lowest, 24.7%, in 2013.
Barbados ranks 92nd of 182 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 14 years of available data.
Total government revenue (budgetary central government) as a in Barbados, year by year
| Year | Value | Change |
|---|---|---|
| 2003 | 35.5% | — |
| 2004 | 35.8% | +1.0% |
| 2005 | 28.0% | -21.8% |
| 2006 | 26.4% | -5.8% |
| 2007 | 27.1% | +2.8% |
| 2008 | 27.4% | +1.1% |
| 2009 | 28.3% | +3.4% |
| 2010 | 26.6% | -6.1% |
| 2011 | 27.9% | +4.8% |
| 2012 | 26.3% | -5.6% |
| 2013 | 24.7% | -6.0% |
| 2014 | 25.5% | +3.2% |
| 2015 | 26.9% | +5.4% |
| 2016 | 29.7% | +10.5% |
Barbados compared with similar countries
- Barbados's 29.7% is below the median for high income countries, which is 38.9%, 76% of the median. (58 countries reporting)
- Barbados's 29.7% is above the median for Latin America & Caribbean, which is 25.4%, 1.2× the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 29.8% | 26.4% | 35.8% | 7 |
| 2010s | 26.8% | 24.7% | 29.7% | 7 |
Countries ranked near Barbados
- 90 Belize 29.9% compare
- 91 United States 29.8% compare
- 93 United Arab Emirates 29.5% compare
- 94 Kosovo 29.5% compare
- 95 Botswana 29.4% 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 18.57 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0024 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 65.74 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 303.06 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 34.75 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0399 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,073 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 2.97 % change on previous year (2024)
Frequently asked questions
- What is total government revenue (budgetary central government) as a in Barbados?
- Total government revenue (budgetary central government) as a in Barbados was 29.7% in 2016, according to United Nations Statistics Division, SDG Global Database.
- What is the highest total government revenue (budgetary central government) as a recorded in Barbados?
- The highest recorded value was 35.8% in 2004.
- What is the lowest total government revenue (budgetary central government) as a recorded in Barbados?
- The lowest recorded value was 24.7% in 2013.
- How does Barbados rank for total government revenue (budgetary central government) as a?
- Barbados ranks 92nd out of 182 countries with data for 2016.
- Is total government revenue (budgetary central government) as a rising or falling in Barbados?
- Over the last ten years it is up 12.8%. The long-run trend across the full record is falling.
- Where does this Barbados data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Total government revenue (budgetary central government) as a proportion of GDP (%). Statizoid updates them automatically from the source API.
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