Barbados—Government Revenue Excluding Grants (% of GDP)
Latest Value
25.2%
2016
YoY Change
+14.1%
2015 → 2016
Maximum
28.6%
2004
Minimum
20.4%
2013
CAGR
-0.9%
14 years
Last
25.2%
Previous
22.1%
Highest
28.6%
Lowest
20.4%
Unit
% of GDP
Source
World Bank World Development Indicators
Barbados's government revenue excluding grants (% of GDP) was 25.2% in 2016. This represents a +14.1% change from 2015. Over the past 14 years, the highest recorded value was 28.6% (2004) and the lowest was 20.4% (2013). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2016 | 25.2% | +14.1% |
| 2015 | 22.1% | +7.4% |
| 2014 | 20.6% | +0.7% |
| 2013 | 20.4% | -6.3% |
| 2012 | 21.8% | -6.0% |
| 2011 | 23.2% | +4.7% |
| 2010 | 22.2% | -20.6% |
| 2009 | 27.9% | +2.4% |
| 2008 | 27.3% | +0.9% |
| 2007 | 27.0% | +2.7% |
| 2006 | 26.3% | -5.9% |
| 2005 | 28.0% | -2.2% |
| 2004 | 28.6% | +1.0% |
| 2003 | 28.3% |
Top Countries — Government Revenue Excluding Grants (% of GDP)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Nauru | 115.5% | 2024 |
| 2 | Kiribati | 80.2% | 2023 |
| 3 | Timor-Leste | 51.5% | 2022 |
| 4 | Norway | 51.5% | 2024 |
| 5 | Austria | 45.1% | 2024 |
| 6 | Greece | 44.8% | 2024 |
| 7 | Luxembourg | 44.6% | 2024 |
| 8 | Slovenia | 43.5% | 2024 |
| 9 | France | 42.1% | 2024 |
| 10 | Lesotho | 42.0% | 2024 |
About This Indicator
Definition
Revenue is an increase in net worth resulting from a transaction. Grants are excluded from this figure. 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.
Methodology
Original contributors: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Unit
% of GDP