Barbados recorded a Government Budget surplus equal to 1.50 percent of the country's Gross Domestic Product in 2024. Government Budget in Barbados averaged -3.87 percent of GDP from 2000 until 2025, reaching an all time high of 3.10 percent of GDP in 2019 and a record low of -11.80 percent of GDP in 2013. source: Central Bank of Barbados
Government Budget in Barbados is expected to reach -0.20 percent of GDP by the end of 2025, according to Trading Economics global macro models and analysts expectations. In the long-term, the Barbados Government Budget is projected to trend around -0.50 percent of GDP in 2026 and -1.00 percent of GDP in 2027, according to our econometric models.