Central government debt, total in Barbados
Barbados: Central government debt, total was 14.20 billion current LCU 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 current LCU.
Analysis
In 2016, central government debt, total in Barbados stood at 14.20 billion current LCU. That is the highest value across all 12 years on record.
Compared with earlier readings it is up 6.3% on the previous year and up 170.0% over ten years.
Over the whole period, central government debt, total in Barbados peaked at 14.20 billion current LCU in 2016 and was at its lowest, 4.87 billion current LCU, in 2005.
Barbados ranks 67th of 83 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 12 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 6.19 billion current LCU | 4.87 billion current LCU | 7.76 billion current LCU | 5 |
| 2010s | 11.35 billion current LCU | 8.67 billion current LCU | 14.20 billion current LCU | 7 |
Countries ranked near Barbados
More public sector data for Barbados
- Arms imports 10.00 million SIPRI trend indicator values (2009)
- Tax revenue 23.4% (2016)
- Taxes on income, profits and capital gains 30.0% (2016)
- Taxes on goods and services 45.9% (2016)
- Net investment in nonfinancial assets 1.1% (2016)
- Net lending (+) / net borrowing (-) -4.1% (2016)
- Interest payments 25.6% (2016)
- Grants and other revenue 7.5% (2016)
- Interest payments 22.5% (2016)
- Other taxes 8.0% (2016)
Frequently asked questions
- What is central government debt, total in Barbados?
- Central government debt, total in Barbados was 14.20 billion current LCU 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 14.20 billion current LCU in 2016.
- What is the lowest central government debt, total recorded in Barbados?
- The lowest recorded value was 4.87 billion current LCU in 2005.
- How does Barbados rank for central government debt, total?
- Barbados ranks 67th 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 170.0%. 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 (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 12 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.