Barbados recorded a Government Budget deficit equal to 1.40 percent of the country's Gross Domestic Product in 2018.

Government Budget in Barbados averaged -4.84 percent of GDP from 2000 until 2018, reaching an all time high of -1.30 percent of GDP in 2000 and a record low of -11.80 percent of GDP in 2013. This page provides - Barbados Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Barbados Government Budget - values, historical data and charts - was last updated on October of 2020.

Government Budget in Barbados is expected to reach -5.00 percent of GDP by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Barbados Government Budget is projected to trend around -4.50 percent of GDP in 2021 and -4.00 percent of GDP in 2022, according to our econometric models.

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Barbados Government Budget

Actual Previous Highest Lowest Dates Unit Frequency
-1.40 -4.20 -1.30 -11.80 2000 - 2018 percent of GDP Yearly

Barbados Government Last Previous Highest Lowest Unit
Government Budget -1.40 -4.20 -1.30 -11.80 percent of GDP [+]
Credit Rating 22.00 [+]