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Barbados Government Revenue

General government revenue as % of GDP  GGR_NGDP

27.41% −1.46% (-5.1%)
Year 2025 Rank #95 Global Peak 28.87% (2024) Source IMF WEO

Barbados Government Revenue (1994–2025)

Overview

Barbados's government revenue stood at 27.41% in 2025, a decline of +1.46% from 2024. The IMF projects 27.41% by 2025. Barbados ranked 95th globally.

Data & projection

Year Government Revenue YoY change Rank
2030* IMF 27.57% - -
2029* IMF 27.57% - -
2028* IMF 27.56% - -
2027* IMF 27.63% - -
2026* IMF 27.59% - -
2025* IMF 27.41% - -
2025 27.41% −1.46% #95
2024 28.87% +2.24% #83
2023 26.64% −0.89% #99
2022 27.52% +1.49% #92
2021 26.03% −2.10% #93
2020 28.13% +1.56% #79
2019 26.57% +0.25% #97
2018 26.33% +0.50% #98
2017 25.83% +0.22% #101
2016 25.61% +2.41% #99
2015 23.20% +0.68% #116
2014 22.51% +0.68% #127
2013 21.84% −1.53% #133
2012 23.36% −0.77% #121
2011 24.13% +2.13% #111
Show all years (1994-2025)
* IMF World Economic Outlook projection

Detected Pattern

Stagflation Risk
GDP growth below 2% combined with inflation above 8% and rising unemployment. The worst macro combination for policymakers.
Inflation 9.4% GDP growth -0.3% Unemployment 11.2%
Occurred 307 times, 117 successful
Inflation
26.9%
GDP growth
-4.2%
Unemployment
14.6%
Inflation
185.7%
GDP growth
-14.0%
Unemployment
60.8%
Inflation
14.4%
GDP growth
1.1%
Unemployment
9.1%
Inflation
33.9%
GDP growth
-1.5%
Unemployment
17.0%
Inflation
736.1%
GDP growth
1.7%
Unemployment
9.4%
Inflation
13.6%
GDP growth
1.3%
Unemployment
14.1%

Analysis

Barbados matched the Stagflation Risk pattern in 2011. Historically, 38% of countries showing this pattern (117 out of 307) saw government revenue improve within 24 months. View full analysis →

Frequently Asked Questions

What is Barbados's government revenue?

Barbados's government revenue was 27.41% in 2025. Ranked 95th globally. This represents a 5.1% decrease from the previous year.

What was the highest government revenue in Barbados?

Barbados's government revenue peaked at 28.87% in 2024.

What was the lowest government revenue in Barbados?

The lowest government revenue in Barbados was 21.84% in 2013.

How does Barbados rank in government revenue?

Barbados ranks 95th globally in government revenue as of 2025.

What is the World Bank indicator code for government revenue?

The World Bank indicator code is GGR_NGDP. Data sourced from IMF WEO.

What is the projected government revenue of Barbados in 2025?

Barbados's government revenue is projected to reach 27.41% by 2025 based on IMF projection.

What is the government revenue of Barbados in 2025?

The government revenue of Barbados in 2025 was 27.41%. This ranks 95th in the world.

Cite this page

APA
Barbados Government Revenue. HistorySaid. Retrieved April 1, 2026, from https://historysaid.com/barbados/government-revenue
BibTeX
@misc{historysaid_barbados_government-revenue, title = {Barbados Government Revenue}, url = {https://historysaid.com/barbados/government-revenue}, publisher = {HistorySaid}, year = {2026} }