Expense in Barbados
Barbados: Expense was 3.27 billion current LCU in 2016. ▲ Rising
Expense in Barbados, 2003–2016
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for expense in Barbados is 3.27 billion current LCU, measured in 2016.
That represents a change of down 1.8% on the previous year and up 44.0% over ten years.
Over the whole period, expense in Barbados peaked at 3.33 billion current LCU in 2015 and was at its lowest, 1.73 billion current LCU, in 2003.
Barbados ranks 141st of 157 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 14 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.38 billion current LCU | 1.73 billion current LCU | 3.04 billion current LCU | 7 |
| 2010s | 3.21 billion current LCU | 3.01 billion current LCU | 3.33 billion current LCU | 7 |
Countries ranked near Barbados
- 138 Bahrain 3.52 billion current LCU compare
- 139 Solomon Islands 3.46 billion current LCU compare
- 140 Fiji 3.42 billion current LCU compare
- 142 Bahamas 3.11 billion current LCU compare
- 143 Seychelles 2.28 billion current LCU compare
- 144 East Timor 1.68 billion current LCU compare
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 expense in Barbados?
- Expense in Barbados was 3.27 billion current LCU in 2016, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest expense recorded in Barbados?
- The highest recorded value was 3.33 billion current LCU in 2015.
- What is the lowest expense recorded in Barbados?
- The lowest recorded value was 1.73 billion current LCU in 2003.
- How does Barbados rank for expense?
- Barbados ranks 141st out of 157 countries with data for 2016.
- Is expense rising or falling in Barbados?
- Over the last ten years it is up 44.0%. 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 Expense (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 14 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Expense is a decrease in net worth resulting from a transaction. 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.