Barbados Budget Deficit
General government net lending/borrowing as % of GDP GGXCNL_NGDP
Overview
Barbados's budget deficit stood at -0.34% in 2025, a rise of +0.54% from 2024. The IMF projects -0.34% by 2025. Barbados ranked 37th globally.
Data & projection
| Year | Budget Deficit | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | 0.52% | - | - |
| 2029* IMF | 0.47% | - | - |
| 2028* IMF | 0.29% | - | - |
| 2027* IMF | 0.28% | - | - |
| 2026* IMF | 0.07% | - | - |
| 2025* IMF | -0.34% | - | - |
| 2025 | -0.34% | +0.54% | #37 |
| 2024 | -0.88% | +0.81% | #141 |
| 2023 | -1.69% | +0.22% | #118 |
| 2022 | -1.90% | +2.44% | #114 |
| 2021 | -4.35% | +0.13% | #92 |
| 2020 | -4.47% | −7.51% | #125 |
| 2019 | 3.03% | +3.37% | #178 |
| 2018 | -0.34% | +3.53% | #126 |
| 2017 | -3.87% | +0.97% | #52 |
| 2016 | -4.84% | +3.31% | #49 |
| 2015 | -8.15% | −1.56% | #20 |
| 2014 | -6.59% | +2.38% | #19 |
| 2013 | -8.97% | −1.93% | #7 |
| 2012 | -7.04% | −3.40% | #22 |
| 2011 | -3.64% | +3.85% | #66 |
Detected Pattern
Analysis
Barbados matched the Stagflation Risk pattern in 2011. Historically, 38% of countries showing this pattern (117 out of 307) saw budget deficit improve within 24 months. View full analysis →
Frequently Asked Questions
Barbados's budget deficit was -0.34% in 2025. Ranked 37th globally. This represents a 61.3% increase from the previous year.
Barbados's budget deficit peaked at 6.63% in 1994.
The lowest budget deficit in Barbados was -8.97% in 2013.
Barbados ranks 37th globally in budget deficit as of 2025.
The World Bank indicator code is GGXCNL_NGDP. Data sourced from IMF WEO.
Barbados's budget deficit is projected to reach -0.34% by 2025 based on IMF projection.
The budget deficit of Barbados in 2025 was -0.34%. This ranks 37th in the world.
Cite this page
@misc{historysaid_barbados_budget-deficit,
title = {Barbados Budget Deficit},
url = {https://historysaid.com/barbados/budget-deficit},
publisher = {HistorySaid},
year = {2026}
}