Barbados recorded a Government Budget deficit equal to 4.20 percent of the country's Gross Domestic Product in 2017. Government Budget in Barbados averaged -5.03 percent of GDP from 2000 until 2017, 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.
Government Budget in Barbados is expected to be -6.70 percent of GDP by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Barbados Government Budget is projected to trend around -5.80 percent of GDP in 2020, according to our econometric models.