Barbados recorded a Government Budget deficit equal to 5 percent of the country's Gross Domestic Product in 2021. source: Caribbean Centre for Money and Finance
Government Budget in Barbados averaged -4.42 percent of GDP from 2000 until 2021, 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. 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 July of 2022.
Government Budget in Barbados is expected to reach -3.50 percent of GDP by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the Barbados Government Budget is projected to trend around -1.00 percent of GDP in 2023 and 0.50 percent of GDP in 2024, according to our econometric models.