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Barbados Fiscal Balance
-0.8% GDPas of 2024
Barbados's fiscal balance stands at -0.8% GDP as of 2024. The indicator has increased from -6.2% in 2014 to -0.8% in 2024. Source: IMF WEO.
Historical trend (2014–2024)
Fiscal Balance — Year by Year
| Year | Value | Change |
|---|---|---|
| 2014 | -6.2% GDP | — |
| 2015 | -7.6% GDP | -1.4pp |
| 2016 | -4.5% GDP | +3.1pp |
| 2017 | -3.6% GDP | +0.9pp |
| 2018 | -0.3% GDP | +3.3pp |
| 2019 | 2.9% GDP | +3.2pp |
| 2020 | -4.2% GDP | -7.1pp |
| 2021 | -3.9% GDP | +0.3pp |
| 2022 | -1.7% GDP | +2.2pp |
| 2023 | -1.6% GDP | +0.1pp |
| 2024 | -0.8% GDP | +0.8pp |
Source: IMF WEO. Data retrieved from World Bank WDI and IMF WEO databases. Values represent official estimates; may be subject to revision.