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Barbados Government Spending

Government expenditure as % of GDP  GC.XPN.TOTL.GD.ZS

Barbados's government spending was 28.79% in 2016, ranked 92nd globally. This represents a 1.4% decrease from 2015. Data from World Bank, covering 2003–2016.

28.79% −0.41% (-1.4%)
Year 2016 Rank #92 Global Peak 33.98% (2009) Source World Bank

Barbados Government Spending (2003–2016)

Overview

Barbados's government spending stood at 28.79% in 2016, a decline of +0.41% from 2015. Barbados ranked 92nd globally.

Barbados’ government spending as a share of GDP averaged 28.79 in 2016, placing the country 92nd in the world according to the World Bank. Over the 14‑year series from 2003 to 2016, fiscal outlays rose from a low of 25.79 in 2004 to a high of 33.98 in 2009, reflecting an expansionary response to the global financial crisis and subsequent stimulus measures. After the 2009 peak, spending gradually receded, reaching 26.98 in 2003 before stabilising around the high‑20s in the later years. Barbados’ 2016 level is comparable to peers such as Georgia (28.67) and Colombia (28.63), suggesting a similar fiscal stance among small open economies that balance social programmes with debt sustainability. The modest decline from the post‑crisis peak indicates a return to more restrained budgets, and future trajectories will likely depend on the island’s capacity to diversify revenue sources while managing public debt pressures.

Data & projection

Year Government Spending YoY change Rank
2016 28.79% −0.41% #92
2015 29.20% +1.25% #92
2014 27.95% −1.36% #85
2013 29.31% +0.89% #82
2012 28.42% +1.88% #82
2011 26.54% −0.89% #72
2010 27.43% −6.55% #72
2009 33.98% +3.12% #80
2008 30.86% +1.62% #76
2007 29.25% +2.35% #65
2006 26.90% −1.21% #58
2005 28.10% +2.31% #62
2004 25.79% −1.19% #61
2003 26.98% – #58

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 spending improve within 24 months. View full analysis →

Frequently Asked Questions

What is Barbados's government spending?▾

Barbados's government spending was 28.79% in 2016. Ranked 92nd globally. This represents a 1.4% decrease from the previous year.

What was the highest government spending in Barbados?▾

Barbados's government spending peaked at 33.98% in 2009.

What was the lowest government spending in Barbados?▾

The lowest government spending in Barbados was 25.79% in 2004.

How does Barbados rank in government spending?▾

Barbados ranks 92nd globally in government spending as of 2016.

What is the World Bank indicator code for government spending?▾

The World Bank indicator code is GC.XPN.TOTL.GD.ZS. Data sourced from World Bank.

What is the government spending of Barbados in 2016?▾

The government spending of Barbados in 2016 was 28.79%. This ranks 92nd in the world.

Cite this page

APA
Barbados Government Spending. HistorySaid. Retrieved October 21, 2026, from https://historysaid.com/barbados/government-spending/
BibTeX
@misc{historysaid_barbados_government-spending, title = {Barbados Government Spending}, url = {https://historysaid.com/barbados/government-spending/}, publisher = {HistorySaid}, year = {2026} }
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