Barbados: Government deficit (% of GDP)

Name: Barbados: Government deficit (% of GDP)
Creator: Global Macro Database
License: https://www.globalmacrodata.com/license.html

Percent of GDP · 1972–2025 · 43 observations · forecasts to 2031 · govdef_GDP

2025: −0.309%percent of GDP
Change on 2024: +0.5 pointsfrom −0.836%
Average, 2016–2025: −1.82%10 years
Record high and low: 6.28% (1994)low −8.46% (2013)

Government deficit (% of GDP)

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ForecastPercent of GDP

Compare with other countries →Definition of Government deficit (% of GDP)

Recent values

Percent of GDP

Year	Value
2031	0.604	Forecast
2030	0.389	Forecast
2029	0.289	Forecast
2028	0.136	Forecast
2027	0.167	Forecast
2026	-0.0572	Forecast
2025	-0.309
2024	-0.836
2023	-1.57
2022	-1.74
2021	-3.88
2020	-4.19
2019	2.86
2018	-0.321
2017	-3.64
2016	-4.55

Sources

This series is derived from other GMD variables.

Barbados documentation (PDF)

Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →

GMD release 2026_09 · License & terms

Government deficit (% of GDP)

Recent values

Sources

More for Barbados

Government deficit (% of GDP) elsewhere