Barbados General government revenue (% of GDP) Statistics

11, Dec 2019, EST.

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Country or Region: Barbados › Change country
Economic Indicator: General government revenue (% of GDP) › See all Barbados indicators, › See General government revenue (% of GDP) data for all countries
Detailed Analysis for Year: 2015 › Change year
Full Dataset: from 1980 to 2019
Dataset updated: 17th March 2015
Data Source: International Monetary Fund (IMF)
National or Regional Currency: Barbados Dollar
Currency Symbol: BBD

Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. See notes for: General government revenue (National currency).

General government revenue (% of GDP) Statistics for Barbados , Year 2015 - In Detail

General government revenue (% of GDP) for Barbados in year 2015 is 36.58 %. Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities.

This makes Barbados No. 48 in world rankings according to General government revenue (% of GDP) in year 2015. The world's average General government revenue (% of GDP) value is 30.23 %; Barbados is 6.35 more than the average.

In the previous year, 2014, General government revenue (% of GDP) for Barbados was 36.61 % General government revenue (% of GDP) for Barbados in 2015 was or will be 0.07% less than it was or will be in 2014.

In the following or forecasted year, 2016, General government revenue (% of GDP) for Barbados was or will be 37.43 %, which is 2.32% more than the 2015 figure.

* Source: IMF
General government revenue (% of GDP) for Barbados, in other Years
Year %
  2021 38.77
  2020 38.693
  2019 38.347
  2018 38.01
  2017 37.722
  2016 37.43
2015 36.58
  2014 36.605
  2013 34.725
  2012 36.673
  2011 37.534
  2010 33.631
  2009 31.702
  2008 34.892
  2007 34.587
  2006 32.836
  2005 33.31
  2004 34.988
  2003 35.678
  2002 34.93
  2001 36.132
  2000 31.255
  1999 33.793
  1998 31.618
  1997 31.176
  1996 30.99
  1995 30.901
  1994 29.56
  1993 n/a
  1992 n/a
  1991 n/a
  1990 n/a
  1989 n/a
  1988 n/a
  1987 n/a
  1986 n/a
  1985 n/a
  1984 n/a
  1983 n/a
  1982 n/a
  1981 n/a
  1980 n/a