Gross debt, General government, Percent of GDP in Barbados
Barbados: Gross debt, General government, Percent of GDP was 69.11 in 2031. ▲ Rising
Gross debt, General government, Percent of GDP in Barbados, 1994–2031
Source: International Monetary Fund.
Analysis
In 2031, gross debt, general government, percent of gdp in Barbados stood at 69.11.
Compared with earlier readings it is down 5.5% on the previous year and down 36.3% over ten years.
Over the whole period, gross debt, general government, percent of gdp in Barbados peaked at 134.59 in 2017 and was at its lowest, 47.04, in 1999.
That places Barbados 12th out of 36 countries with data for 2031, putting it in the middle of the range.
The long-run direction has been consistently rising across the 38 years of available data.
Gross debt, General government, Percent of GDP in Barbados, year by year
| Year | Value | Change |
|---|---|---|
| 1994 | 51.37 | — |
| 1995 | 51.98 | +1.2% |
| 1996 | 52.32 | +0.7% |
| 1997 | 51.96 | -0.7% |
| 1998 | 47.23 | -9.1% |
| 1999 | 47.04 | -0.4% |
| 2000 | 53.59 | +13.9% |
| 2001 | 59 | +10.1% |
| 2002 | 62.01 | +5.1% |
| 2003 | 61.78 | -0.4% |
| 2004 | 61.05 | -1.2% |
| 2005 | 62.72 | +2.7% |
| 2006 | 64.11 | +2.2% |
| 2007 | 64.95 | +1.3% |
| 2008 | 69.83 | +7.5% |
| 2009 | 83.47 | +19.5% |
| 2010 | 90.33 | +8.2% |
| 2011 | 94.39 | +4.5% |
| 2012 | 103.48 | +9.6% |
| 2013 | 111.68 | +7.9% |
| 2014 | 115.08 | +3.0% |
| 2015 | 122.48 | +6.4% |
| 2016 | 127.14 | +3.8% |
| 2017 | 134.59 | +5.9% |
| 2018 | 107.16 | -20.4% |
| 2019 | 101.56 | -5.2% |
| 2020 | 129.56 | +27.6% |
| 2021 | 108.56 | -16.2% |
| 2022 | 103.97 | -4.2% |
| 2023 | 104.12 | +0.1% |
| 2024 | 98.9 | -5.0% |
| 2025 | 94.24 | -4.7% |
| 2026 | 89.52 | -5.0% |
| 2027 | 85.08 | -5.0% |
| 2028 | 81.17 | -4.6% |
| 2029 | 77.03 | -5.1% |
| 2030 | 73.1 | -5.1% |
| 2031 | 69.11 | -5.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 50.32 | 47.04 | 52.32 | 6 |
| 2000s | 64.25 | 53.59 | 83.47 | 10 |
| 2010s | 110.79 | 90.33 | 134.59 | 10 |
| 2020s | 97.22 | 77.03 | 129.56 | 10 |
| 2030s | 71.1 | 69.11 | 73.1 | 2 |
Countries ranked near Barbados
- 9 Saint Kitts and Nevis 79.23 compare
- 10 Saint Lucia 77.37 compare
- 11 El Salvador 74.36 compare
- 13 Uruguay 67.31 compare
- 14 Grenada 66.75 compare
- 15 Mexico 63.59 compare
More external debt data for Barbados
- Net financial flows, IBRD -2.52 million NFL, current US$ (2016)
- Net financial flows, IBRD (NFL, current US$), annual growth rate 10.18 % change on previous year (2016)
- Other investment, Debt instruments 611.91 million US dollar (2013)
- Other investment, Debt instruments (Assets, Positions, US dollar) 5.43 % change on previous year (2013)
- Other investment, Debt instruments, Deposit taking corporations 227.03 million US dollar (2013)
- Other investment, Debt instruments (Assets, Positions, US dollar) 2,204 US dollar per person (2013)
- Other investment, Debt instruments (Assets, Positions, US dollar) 0.1081 US dollar per US$ of GDP (2013)
- Liabilities, International Liquidity, Liabilities to Nonresidents 379.92 million (2023)
- Net lending (+) / net borrowing (-), General government, Percent of 0.5244 (2030)
- Other investment, Debt instruments, Deposit taking corporations 1.99 % change on previous year (2013)
Frequently asked questions
- What is gross debt, general government, percent of gdp in Barbados?
- Gross debt, general government, percent of gdp in Barbados was 69.11 in 2031, according to International Monetary Fund.
- What is the highest gross debt, general government, percent of gdp recorded in Barbados?
- The highest recorded value was 134.59 in 2017.
- What is the lowest gross debt, general government, percent of gdp recorded in Barbados?
- The lowest recorded value was 47.04 in 1999.
- How does Barbados rank for gross debt, general government, percent of gdp?
- Barbados ranks 12th out of 36 countries with data for 2031.
- Is gross debt, general government, percent of gdp rising or falling in Barbados?
- Over the last ten years it is down 36.3%. The long-run trend across the full record is rising.
- Where does this Barbados data come from?
- The figures come from International Monetary Fund, published as part of Gross debt, General government, Percent of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 38 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
The WHD Regional Economic Outlook (REO) provides information on recent economic developments and prospects for countries in the Western Hemisphere. Data for the Western Hemisphere REO are prepared in conjunction and are consistent with the semi-annual World Economic Outlook (WEO) exercises. REO aggregate data may differ from WEO aggregates due to differences in group membership. Composite data for country groups are weighted averages of data for individual countries. Arithmetic weighted averages are used for all concepts except for inflation and broad money, for which geometric averages are used. PPP GDP weights from the WEO database are used for the aggregation of real GDP growth, real non-oil GDP growth, real per capita GDP growth, investment, national savings, broad money, claims on the nonfinancial private sector, and real and nominal effective exchange rates. Aggregates for other concepts are weighted by GDP in U.S. dollars at market exchange rates.