Expense in Barbados
Barbados: Expense was 28.8% in 2016. ▲ Rising
Expense in Barbados, 2003–2016
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2016, expense in Barbados stood at 28.8%.
That represents a change of down 1.5% on the previous year and up 7.0% over ten years.
Over the whole period, expense in Barbados peaked at 34.0% in 2009 and was at its lowest, 25.8%, in 2004.
That places Barbados 63rd out of 157 countries with data for 2016, putting it in the middle of the range.
The long-run direction has been consistently rising across the 14 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 28.8% | 25.8% | 34.0% | 7 |
| 2010s | 28.6% | 27.0% | 29.8% | 7 |
Countries ranked near Barbados
- 60 Maldives 29.5% compare
- 61 Mauritius 29.1% compare
- 62 Solomon Islands 28.9% compare
- 64 Costa Rica 28.6% compare
- 65 Belarus 28.5% compare
- 66 South Korea 28.3% compare
More economy & growth data for Barbados
- Manufacturing, value added 752.09 million current LCU (2024)
- Agriculture, forestry, and fishing, value added -4.2% (2024)
- Agriculture, forestry, and fishing, value added 228.57 million constant LCU (2024)
- GDP per capita 28,365 current US$ (2025)
- GDP 15.34 billion constant LCU (2025)
- Manufacturing, value added 376.05 million current US$ (2024)
- Manufacturing, value added 747.19 million constant LCU (2024)
- Industry (including construction), value added 927.46 million current US$ (2024)
- Manufacturing, value added 4.9% (2024)
- Agriculture, forestry, and fishing, value added 92.53 million constant 2015 US$ (2024)
Frequently asked questions
- What is expense in Barbados?
- Expense in Barbados was 28.8% 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 34.0% in 2009.
- What is the lowest expense recorded in Barbados?
- The lowest recorded value was 25.8% in 2004.
- How does Barbados rank for expense?
- Barbados ranks 63rd out of 157 countries with data for 2016.
- Is expense rising or falling in Barbados?
- Over the last ten years it is up 7.0%. 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 (% of GDP). 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 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.