Barbados Interest Payments to Revenue
Interest payments as % of revenue GC.XPN.INTP.RV.ZS
Barbados's interest payments to revenue was 25.63% in 2016, ranked 135th globally. This represents a 2.0% decrease from 2015. Data from World Bank, covering 2003–2016.
Overview
Barbados's interest payments to revenue stood at 25.63% in 2016, a decline of +0.53pp from 2015. Barbados ranked 135th globally.
Barbados' interest payments to revenue ratio has fluctuated significantly over the past 14 years, with the latest figure standing at 25.63% in 2016. This percentage ranked Barbados 135 globally, according to the World Bank. Notably, the island nation experienced a peak of 26.90% in 2014, exceeding even Jamaica's 27.88% that same year, and a trough of 13.72% in 2004. The persistent reliance on debt financing has contributed to this volatility, with interest payments eating into the government's revenue. As a result, Barbados' fiscal sustainability has been a pressing concern. In comparison, Zambia's 24.84% interest payments to revenue ratio in 2016 suggests that Barbados' situation is somewhat better managed, but still precarious. A stable economic recovery, coupled with a reduction in debt servicing costs, would be necessary to alter the trajectory of Barbados' interest payments to revenue ratio and move it towards a more sustainable path.
Data & projection
| Year | Interest Payments to Revenue | YoY change | Rank |
|---|---|---|---|
| 2016 | 25.63% | −0.53pp | #135 |
| 2015 | 26.17% | −0.74pp | #136 |
| 2014 | 26.90% | +1.06pp | #131 |
| 2013 | 25.85% | +2.56pp | #123 |
| 2012 | 23.28% | +2.99pp | #125 |
| 2011 | 20.29% | +0.02pp | #119 |
| 2010 | 20.27% | +3.27pp | #115 |
| 2009 | 17.00% | +1.94pp | #113 |
| 2008 | 15.06% | −0.30pp | #106 |
| 2007 | 15.35% | +0.75pp | #99 |
| 2006 | 14.61% | +0.81pp | #95 |
| 2005 | 13.80% | +0.08pp | #90 |
| 2004 | 13.72% | −1.29pp | #84 |
| 2003 | 15.01% | – | #80 |
Detected Pattern
Analysis
Barbados matched the Stagflation Risk pattern in 2011. Historically, 38% of countries showing this pattern (117 out of 307) saw interest payments to revenue improve within 24 months. View full analysis →
Frequently Asked Questions
Barbados's interest payments to revenue was 25.63% in 2016. Ranked 135th globally. This represents a 2.0% decrease from the previous year.
Barbados's interest payments to revenue peaked at 26.90% in 2014.
The lowest interest payments to revenue in Barbados was 13.72% in 2004.
Barbados ranks 135th globally in interest payments to revenue as of 2016.
The World Bank indicator code is GC.XPN.INTP.RV.ZS. Data sourced from World Bank.
The interest payments to revenue of Barbados in 2016 was 25.63%. This ranks 135th in the world.
Cite this page
@misc{historysaid_barbados_interest-to-revenue,
title = {Barbados Interest Payments to Revenue},
url = {https://historysaid.com/barbados/interest-to-revenue/},
publisher = {HistorySaid},
year = {2026}
}