Claims on central government, etc. in Barbados
Barbados: Claims on central government, etc. was 21.0% in 2023. ◆ Volatile
Claims on central government, etc. in Barbados, 1966–2023
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % GDP.
Analysis
The most recent figure for claims on central government, etc. in Barbados is 21.0%, measured in 2023.
The figure is down 4.5% on the previous year and down 6.1% over ten years.
Over the whole period, claims on central government, etc. in Barbados peaked at 37.1% in 2017 and was at its lowest, -5.8%, in 1972.
Barbados ranks 45th of 186 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Claims on central government, etc. in Barbados, year by year
| Year | % GDP | Change |
|---|---|---|
| 1966 | -4.4% | — |
| 1967 | -2.9% | -34.0% |
| 1968 | -2.1% | -28.5% |
| 1969 | -3.8% | +84.0% |
| 1970 | -5.0% | +31.9% |
| 1971 | -2.1% | -58.8% |
| 1972 | -5.8% | +181.7% |
| 1973 | -2.4% | -58.7% |
| 1974 | 3.1% | -230.7% |
| 1975 | 1.4% | -55.0% |
| 1976 | 6.5% | +363.1% |
| 1977 | 9.1% | +38.2% |
| 1978 | 9.0% | -0.7% |
| 1979 | 8.3% | -8.0% |
| 1980 | 4.9% | -40.2% |
| 1981 | 7.0% | +42.5% |
| 1982 | 7.0% | -1.0% |
| 1983 | 6.9% | -1.0% |
| 1984 | 6.6% | -4.4% |
| 1985 | 4.8% | -27.9% |
| 1986 | 4.8% | +1.8% |
| 1987 | 6.9% | +42.7% |
| 1988 | 8.3% | +20.3% |
| 1989 | 6.7% | -19.3% |
| 1990 | 10.0% | +48.9% |
| 1991 | 12.4% | +24.1% |
| 1992 | 14.3% | +15.0% |
| 1993 | 15.3% | +7.3% |
| 1994 | 11.7% | -23.6% |
| 1995 | 11.4% | -2.8% |
| 1996 | 12.8% | +12.4% |
| 1997 | 12.3% | -4.0% |
| 1998 | 10.8% | -12.1% |
| 1999 | 9.4% | -12.8% |
| 2000 | 7.5% | -20.6% |
| 2001 | 7.1% | -5.2% |
| 2002 | 14.3% | +102.1% |
| 2003 | 16.3% | +14.0% |
| 2004 | 16.0% | -1.7% |
| 2005 | 12.4% | -23.0% |
| 2006 | 9.7% | -21.4% |
| 2007 | 10.3% | +6.1% |
| 2008 | 12.5% | +21.1% |
| 2009 | 15.3% | +22.6% |
| 2012 | 18.5% | +21.1% |
| 2013 | 22.4% | +20.9% |
| 2014 | 24.3% | +8.5% |
| 2015 | 30.2% | +24.1% |
| 2016 | 36.0% | +19.2% |
| 2017 | 37.1% | +3.2% |
| 2018 | 18.4% | -50.4% |
| 2019 | 17.9% | -2.5% |
| 2020 | 18.5% | +3.3% |
| 2021 | 21.1% | +13.8% |
| 2022 | 22.0% | +4.5% |
| 2023 | 21.0% | -4.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | -3.3% | -4.4% | -2.1% | 4 |
| 1970s | 2.2% | -5.8% | 9.1% | 10 |
| 1980s | 6.4% | 4.8% | 8.3% | 10 |
| 1990s | 12.0% | 9.4% | 15.3% | 10 |
| 2000s | 12.1% | 7.1% | 16.3% | 10 |
| 2010s | 25.6% | 17.9% | 37.1% | 8 |
| 2020s | 20.7% | 18.5% | 22.0% | 4 |
Countries ranked near Barbados
More financial sector data for Barbados
- Net domestic credit (current LCU), per capita 42,954 current LCU per person (2023)
- Net domestic credit (current LCU), per unit of GDP 1.68 current LCU per US$ of GDP (2023)
- Net domestic credit (current LCU), annual growth rate 1.79 % change on previous year (2023)
- Gold reserves at 35 SDRs per ounce 0 SDR (2024)
- Gold reserves at market value 0 SDR (2024)
- Reserves excluding gold, foreign exchange 1.22 billion SDR (2024)
- Reserves excluding gold 1.27 billion SDR (2024)
- Total reserves (gold at market value) 1.27 billion SDR (2024)
- Total reserves (gold at national valuation) 1.27 billion SDR (2024)
- Total reserves (gold at national valuation) (SDR), per capita 4,489 SDR per person (2024)
Frequently asked questions
- What is claims on central government, etc. in Barbados?
- Claims on central government, etc. in Barbados was 21.0% in 2023, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest claims on central government, etc. recorded in Barbados?
- The highest recorded value was 37.1% in 2017.
- What is the lowest claims on central government, etc. recorded in Barbados?
- The lowest recorded value was -5.8% in 1972.
- How does Barbados rank for claims on central government, etc.?
- Barbados ranks 45th out of 186 countries with data for 2023.
- Is claims on central government, etc. rising or falling in Barbados?
- Over the last ten years it is down 6.1%. The long-run trend across the full record is volatile.
- Where does this Barbados data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Claims on central government, etc. (% GDP). Statizoid updates them automatically from the source API.
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About this data
Claims on central government include loans to central government institutions net of deposits. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.