Barbados—Fiscal Balance (% of GDP)
Category: Fiscal & MonetarySource: IMF World Economic Outlook ↗Global Rank: #30 of 192Updated August 2026
Latest Value
0.6%
2031
YoY Change
+50.0%
2030 → 2031
Global Rank
#30
of 192 countries
Maximum
4.7%
2000
Minimum
-8.5%
2013
CAGR
-6.4%
32 years
Last
0.6%
Previous
0.4%
Highest
4.7%
Lowest
-8.5%
Unit
Percent of GDP
Source
IMF World Economic Outlook
Barbados's fiscal balance (% of GDP) was -0.1% in 2026, ranking #30 out of 192 countries. This represents a +50.0% change from 2030. Over the past 27 years, the highest recorded value was 4.7% (2000) and the lowest was -8.5% (2013). The IMF WEO projects 0.6% by 2031. Data sourced from the IMF World Economic Outlook.
Actual
IMF Forecast
Source: IMF World Economic Outlook
Historical Data
| Year | Value | Change |
|---|---|---|
| 2031 | 0.6% | +50.0% |
| 2030 | 0.4% | +33.3% |
| 2029 | 0.3% | +200.0% |
| 2028 | 0.1% | -50.0% |
| 2027 | 0.2% | +300.0% |
| 2026 | -0.1% | +66.7% |
| 2025 | -0.3% | +62.5% |
| 2024 | -0.8% | +50.0% |
| 2023 | -1.6% | +5.9% |
| 2022 | -1.7% | +56.4% |
| 2021 | -3.9% | +7.1% |
| 2020 | -4.2% | -244.8% |
| 2019 | 2.9% | +1066.7% |
| 2018 | -0.3% | +91.7% |
| 2017 | -3.6% | +20.0% |
| 2016 | -4.5% | +40.8% |
| 2015 | -7.6% | -22.6% |
| 2014 | -6.2% | +27.1% |
| 2013 | -8.5% | -26.9% |
| 2012 | -6.7% | -91.4% |
| 2011 | -3.5% | +50.7% |
| 2010 | -7.1% | -14.5% |
| 2009 | -6.2% | -59.0% |
| 2008 | -3.9% | +4.9% |
| 2007 | -4.1% | -32.3% |
| 2006 | -3.1% | -10.7% |
| 2005 | -2.8% | -3.7% |
| 2004 | -2.7% | +6.9% |
| 2003 | -2.9% | +42.0% |
| 2002 | -5.0% | -231.6% |
| 2001 | 3.8% | -19.1% |
| 2000 | 4.7% |
IMF Forecast
Projections from the IMF World Economic Outlook. These are staff estimates, not guarantees.
| Year | Projected Value | Change from Previous |
|---|---|---|
| 2026Forecast | -0.1% | +66.7% |
| 2027Forecast | 0.2% | +300.0% |
| 2028Forecast | 0.1% | -50.0% |
| 2029Forecast | 0.3% | +200.0% |
| 2030Forecast | 0.4% | +33.3% |
| 2031Forecast | 0.6% | +50.0% |
Top Countries — Fiscal Balance (% of GDP)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Kuwait | 27.6% | 2026 |
| 2 | Naoero | 13.1% | 2026 |
| 3 | Norway | 10.2% | 2026 |
| 4 | Oman | 5.2% | 2026 |
| 5 | United Arab Emirates | 4.9% | 2026 |
| 6 | Macao SAR, China | 4.2% | 2026 |
| 7 | Lesotho | 4.2% | 2026 |
| 8 | Singapore | 3.3% | 2026 |
| 9 | Lebanon | 3.3% | 2025 |
| 10 | Liechtenstein | 3.0% | 2026 |
About This Indicator
Definition
General government net lending/borrowing as a percentage of GDP. A positive value indicates a fiscal surplus; negative indicates a deficit.
Methodology
Revenue minus expenditure minus net acquisition of nonfinancial assets, as a percentage of GDP. A comprehensive measure of the fiscal balance.
Unit
Percent of GDP