Barbados
Government finance and price level data from the World Bank WDI.
Government finances
Central government data (World Bank WDI). Not directly comparable with EU Maastricht figures which use general government.
Government debt
125% GDP
2016
Govt expenditure
28.8% GDP
2016
Budget deficit
4.1% GDP
2016
Price level
Barbados is 9.5% more expensive than the USA overall (2025). Index: USA = 100.
Overall price level
109.5(USA=100)
2025
Source: World Bank WDI (PA.NUS.PPP / PA.NUS.FCRF × 100). GDP price level only.
Government debt since 2005
| Year | Debt (% GDP) | Change |
|---|---|---|
| 2005 | 63.8 | — |
| 2006 | 62.4 | -1.4 |
| 2007 | 66.8 | +4.4 |
| 2008 | 71.1 | +4.3 |
| 2009 | 86.9 | +15.8 |
| 2010 | 79.9 | -7 |
| 2011 | 83.9 | +4.1 |
| 2012 | 94.8 | +10.8 |
| 2013 | 99.6 | +4.8 |
| 2014 | 107.1 | +7.5 |
| 2015 | 117.2 | +10.2 |
| 2016 | 125 | +7.8 |
Data sources
| Dataset | Source | Coverage |
|---|---|---|
| Govt debt / expenditure / revenue / surplus | World Bank WDI (GC.* indicators) | 2000–2024 |
| Price level index (USA=100) | World Bank WDI PPP/XR ratio | 1990–2023 |
| Labour tax wedge | Eurostat earn_nt_taxrate | EEA/EU only |
| Statutory tax rates | OECD / EC Taxation Trends 2024 | EU+EFTA only |