Barbados Government Revenue, Expenditure and Finance
BB: Expenditure: % of GDP
BB: Expenditure: % of GDP data was reported at 33.732 % in 2016. This records a decrease from the previous number of 35.150 % for 2015. BB: Expenditure: % of GDP data is updated yearly, averaging 32.826 % from Dec 2003 to 2016, with 14 observations. The data reached an all-time high of 35.488 % in 2012 and a record low of 25.795 % in 2004. BB: Expenditure: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Barbados – Table BB.World Bank.WDI: Government Revenue, Expenditure and Finance. Expense is cash payments for operating activities of the government in providing goods and services. It includes compensation of employees (such as wages and salaries), interest and subsidies, grants, social benefits, and other expenses such as rent and dividends.;International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD GDP estimates.;Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 33.732 2016 | yearly | 2003 - 2016 |
View Barbados's BB: Expenditure: % of GDP from 2003 to 2016 in the chart:
BB: Expenditure: Compensation of Employees
BB: Expenditure: Compensation of Employees data was reported at 807.095 BBD mn in 2016. This records a decrease from the previous number of 809.827 BBD mn for 2015. BB: Expenditure: Compensation of Employees data is updated yearly, averaging 818.115 BBD mn from Dec 2003 to 2016, with 14 observations. The data reached an all-time high of 906.113 BBD mn in 2012 and a record low of 701.290 BBD mn in 2005. BB: Expenditure: Compensation of Employees data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Barbados – Table BB.World Bank.WDI: Government Revenue, Expenditure and Finance. Compensation of employees consists of all payments in cash, as well as in kind (such as food and housing), to employees in return for services rendered, and government contributions to social insurance schemes such as social security and pensions that provide benefits to employees.;International Monetary Fund, Government Finance Statistics Yearbook and data files.;;
| Last | Frequency | Range |
|---|---|---|
| 807.095 2016 | yearly | 2003 - 2016 |
View Barbados's BB: Expenditure: Compensation of Employees from 2003 to 2016 in the chart:
BB: Expenditure: Compensation of Employees: % of Expenditure
BB: Expenditure: Compensation of Employees: % of Expenditure data was reported at 24.701 % in 2016. This records an increase from the previous number of 24.334 % for 2015. BB: Expenditure: Compensation of Employees: % of Expenditure data is updated yearly, averaging 28.751 % from Dec 2003 to 2016, with 14 observations. The data reached an all-time high of 45.202 % in 2003 and a record low of 24.334 % in 2015. BB: Expenditure: Compensation of Employees: % of Expenditure data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Barbados – Table BB.World Bank.WDI: Government Revenue, Expenditure and Finance. Compensation of employees consists of all payments in cash, as well as in kind (such as food and housing), to employees in return for services rendered, and government contributions to social insurance schemes such as social security and pensions that provide benefits to employees.;International Monetary Fund, Government Finance Statistics Yearbook and data files.;Median;
| Last | Frequency | Range |
|---|---|---|
| 24.701 2016 | yearly | 2003 - 2016 |
View Barbados's BB: Expenditure: Compensation of Employees: % of Expenditure from 2003 to 2016 in the chart:
BB: Expenditure: Goods and Services Expenditure
BB: Expenditure: Goods and Services Expenditure data was reported at 435.702 BBD mn in 2016. This records an increase from the previous number of 434.833 BBD mn for 2015. BB: Expenditure: Goods and Services Expenditure data is updated yearly, averaging 434.679 BBD mn from Dec 2003 to 2016, with 14 observations. The data reached an all-time high of 469.345 BBD mn in 2012 and a record low of 185.400 BBD mn in 2004. BB: Expenditure: Goods and Services Expenditure data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Barbados – Table BB.World Bank.WDI: Government Revenue, Expenditure and Finance. Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Own-account capital formation is excluded.;International Monetary Fund, Government Finance Statistics Yearbook and data files.;;
| Last | Frequency | Range |
|---|---|---|
| 435.702 2016 | yearly | 2003 - 2016 |
View Barbados's BB: Expenditure: Goods and Services Expenditure from 2003 to 2016 in the chart:
BB: Expenditure: Goods and Services Expenditure: % of Expenditure
BB: Expenditure: Goods and Services Expenditure: % of Expenditure data was reported at 13.335 % in 2016. This records an increase from the previous number of 13.066 % for 2015. BB: Expenditure: Goods and Services Expenditure: % of Expenditure data is updated yearly, averaging 13.702 % from Dec 2003 to 2016, with 14 observations. The data reached an all-time high of 15.268 % in 2011 and a record low of 10.433 % in 2004. BB: Expenditure: Goods and Services Expenditure: % of Expenditure data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Barbados – Table BB.World Bank.WDI: Government Revenue, Expenditure and Finance. Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Own-account capital formation is excluded.;International Monetary Fund, Government Finance Statistics Yearbook and data files.;Median;
| Last | Frequency | Range |
|---|---|---|
| 13.335 2016 | yearly | 2003 - 2016 |
View Barbados's BB: Expenditure: Goods and Services Expenditure: % of Expenditure from 2003 to 2016 in the chart:
BB: Expenditure: Interest Payments
BB: Expenditure: Interest Payments data was reported at 736.152 BBD mn in 2016. This records an increase from the previous number of 663.885 BBD mn for 2015. BB: Expenditure: Interest Payments data is updated yearly, averaging 459.408 BBD mn from Dec 2003 to 2016, with 14 observations. The data reached an all-time high of 736.152 BBD mn in 2016 and a record low of 271.700 BBD mn in 2004. BB: Expenditure: Interest Payments data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Barbados – Table BB.World Bank.WDI: Government Revenue, Expenditure and Finance. Interest payments include interest payments on government debt--including long-term bonds, long-term loans, and other debt instruments--to domestic and foreign residents.;International Monetary Fund, Government Finance Statistics Yearbook and data files.;;
| Last | Frequency | Range |
|---|---|---|
| 736.152 2016 | yearly | 2003 - 2016 |
View Barbados's BB: Expenditure: Interest Payments from 2003 to 2016 in the chart:
BB: Expenditure: Interest Payments: % of Expenditure
BB: Expenditure: Interest Payments: % of Expenditure data was reported at 22.530 % in 2016. This records an increase from the previous number of 19.949 % for 2015. BB: Expenditure: Interest Payments: % of Expenditure data is updated yearly, averaging 15.766 % from Dec 2003 to 2016, with 14 observations. The data reached an all-time high of 22.530 % in 2016 and a record low of 13.352 % in 2008. BB: Expenditure: Interest Payments: % of Expenditure data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Barbados – Table BB.World Bank.WDI: Government Revenue, Expenditure and Finance. Interest payments include interest payments on government debt--including long-term bonds, long-term loans, and other debt instruments--to domestic and foreign residents.;International Monetary Fund, Government Finance Statistics Yearbook and data files.;Median;
| Last | Frequency | Range |
|---|---|---|
| 22.530 2016 | yearly | 2003 - 2016 |
View Barbados's BB: Expenditure: Interest Payments: % of Expenditure from 2003 to 2016 in the chart:
BB: Expenditure: Interest Payments: % of Revenue
BB: Expenditure: Interest Payments: % of Revenue data was reported at 25.633 % in 2016. This records a decrease from the previous number of 26.165 % for 2015. BB: Expenditure: Interest Payments: % of Revenue data is updated yearly, averaging 18.631 % from Dec 2003 to 2016, with 14 observations. The data reached an all-time high of 26.904 % in 2014 and a record low of 13.717 % in 2004. BB: Expenditure: Interest Payments: % of Revenue data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Barbados – Table BB.World Bank.WDI: Government Revenue, Expenditure and Finance. Interest payments include interest payments on government debt--including long-term bonds, long-term loans, and other debt instruments--to domestic and foreign residents.;International Monetary Fund, Government Finance Statistics Yearbook and data files.;Median;
| Last | Frequency | Range |
|---|---|---|
| 25.633 2016 | yearly | 2003 - 2016 |
View Barbados's BB: Expenditure: Interest Payments: % of Revenue from 2003 to 2016 in the chart:
BB: Expenditure: Other Expenditure
BB: Expenditure: Other Expenditure data was reported at 50.683 BBD mn in 2016. This records a decrease from the previous number of 58.644 BBD mn for 2015. BB: Expenditure: Other Expenditure data is updated yearly, averaging 55.404 BBD mn from Dec 2003 to 2016, with 14 observations. The data reached an all-time high of 75.926 BBD mn in 2010 and a record low of 0.000 BBD mn in 2006. BB: Expenditure: Other Expenditure data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Barbados – Table BB.World Bank.WDI: Government Revenue, Expenditure and Finance. Other expense is spending on dividends, rent, and other miscellaneous expenses, including provision for consumption of fixed capital.;International Monetary Fund, Government Finance Statistics Yearbook and data files.;;
| Last | Frequency | Range |
|---|---|---|
| 50.683 2016 | yearly | 2003 - 2016 |
View Barbados's BB: Expenditure: Other Expenditure from 2003 to 2016 in the chart:
BB: Expenditure: Other Expenditure: % of GDP
BB: Expenditure: Other Expenditure: % of GDP data was reported at 1.551 % in 2016. This records a decrease from the previous number of 1.762 % for 2015. BB: Expenditure: Other Expenditure: % of GDP data is updated yearly, averaging 1.762 % from Dec 2003 to 2016, with 13 observations. The data reached an all-time high of 3.022 % in 2005 and a record low of 0.954 % in 2007. BB: Expenditure: Other Expenditure: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Barbados – Table BB.World Bank.WDI: Government Revenue, Expenditure and Finance. Other expense is spending on dividends, rent, and other miscellaneous expenses, including provision for consumption of fixed capital.;International Monetary Fund, Government Finance Statistics Yearbook and data files.;Median;
| Last | Frequency | Range |
|---|---|---|
| 1.551 2016 | yearly | 2003 - 2016 |
View Barbados's BB: Expenditure: Other Expenditure: % of GDP from 2003 to 2016 in the chart:
BB: Expenditure: Subsidies and Other Transfers
BB: Expenditure: Subsidies and Other Transfers data was reported at 1,237.829 BBD mn in 2016. This records a decrease from the previous number of 1,360.784 BBD mn for 2015. BB: Expenditure: Subsidies and Other Transfers data is updated yearly, averaging 1,227.595 BBD mn from Dec 2003 to 2016, with 14 observations. The data reached an all-time high of 1,360.784 BBD mn in 2015 and a record low of 439.408 BBD mn in 2003. BB: Expenditure: Subsidies and Other Transfers data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Barbados – Table BB.World Bank.WDI: Government Revenue, Expenditure and Finance. Subsidies, grants, and other social benefits include all unrequited, nonrepayable transfers on current account to private and public enterprises; grants to foreign governments, international organizations, and other government units; and social security, social assistance benefits, and employer social benefits in cash and in kind.;International Monetary Fund, Government Finance Statistics Yearbook and data files.;;
| Last | Frequency | Range |
|---|---|---|
| 1,237.829 2016 | yearly | 2003 - 2016 |
View Barbados's BB: Expenditure: Subsidies and Other Transfers from 2003 to 2016 in the chart:
BB: Expenditure: Subsidies and Other Transfers: % of Expenditure
BB: Expenditure: Subsidies and Other Transfers: % of Expenditure data was reported at 37.884 % in 2016. This records a decrease from the previous number of 40.889 % for 2015. BB: Expenditure: Subsidies and Other Transfers: % of Expenditure data is updated yearly, averaging 39.382 % from Dec 2003 to 2016, with 14 observations. The data reached an all-time high of 42.255 % in 2008 and a record low of 25.368 % in 2003. BB: Expenditure: Subsidies and Other Transfers: % of Expenditure data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Barbados – Table BB.World Bank.WDI: Government Revenue, Expenditure and Finance. Subsidies, grants, and other social benefits include all unrequited, nonrepayable transfers on current account to private and public enterprises; grants to foreign governments, international organizations, and other government units; and social security, social assistance benefits, and employer social benefits in cash and in kind.;International Monetary Fund, Government Finance Statistics Yearbook and data files.;Median;
| Last | Frequency | Range |
|---|---|---|
| 37.884 2016 | yearly | 2003 - 2016 |
View Barbados's BB: Expenditure: Subsidies and Other Transfers: % of Expenditure from 2003 to 2016 in the chart:
BB: Grants and Other Revenue
BB: Grants and Other Revenue data was reported at 215.681 BBD mn in 2016. This records an increase from the previous number of 142.259 BBD mn for 2015. BB: Grants and Other Revenue data is updated yearly, averaging 162.642 BBD mn from Dec 2003 to 2016, with 14 observations. The data reached an all-time high of 323.764 BBD mn in 2009 and a record low of 86.400 BBD mn in 2004. BB: Grants and Other Revenue data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Barbados – Table BB.World Bank.WDI: Government Revenue, Expenditure and Finance. Grants and other revenue include grants from other foreign governments, international organizations, and other government units; interest; dividends; rent; requited, nonrepayable receipts for public purposes (such as fines, administrative fees, and entrepreneurial income from government ownership of property); and voluntary, unrequited, nonrepayable receipts other than grants.;International Monetary Fund, Government Finance Statistics Yearbook and data files.;;
| Last | Frequency | Range |
|---|---|---|
| 215.681 2016 | yearly | 2003 - 2016 |
View Barbados's BB: Grants and Other Revenue from 2003 to 2016 in the chart:
BB: Grants and Other Revenue: % of Revenue
BB: Grants and Other Revenue: % of Revenue data was reported at 7.510 % in 2016. This records an increase from the previous number of 5.607 % for 2015. BB: Grants and Other Revenue: % of Revenue data is updated yearly, averaging 6.818 % from Dec 2003 to 2016, with 14 observations. The data reached an all-time high of 12.788 % in 2009 and a record low of 4.028 % in 2006. BB: Grants and Other Revenue: % of Revenue data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Barbados – Table BB.World Bank.WDI: Government Revenue, Expenditure and Finance. Grants and other revenue include grants from other foreign governments, international organizations, and other government units; interest; dividends; rent; requited, nonrepayable receipts for public purposes (such as fines, administrative fees, and entrepreneurial income from government ownership of property); and voluntary, unrequited, nonrepayable receipts other than grants.;International Monetary Fund, Government Finance Statistics Yearbook and data files.;Median;
| Last | Frequency | Range |
|---|---|---|
| 7.510 2016 | yearly | 2003 - 2016 |
View Barbados's BB: Grants and Other Revenue: % of Revenue from 2003 to 2016 in the chart:
BB: Net Acquisition of Financial Assets: % of GDP
BB: Net Acquisition of Financial Assets: % of GDP data was reported at 2.990 % in 2016. This records a decrease from the previous number of 5.177 % for 2015. BB: Net Acquisition of Financial Assets: % of GDP data is updated yearly, averaging 2.459 % from Dec 2003 to 2016, with 13 observations. The data reached an all-time high of 5.177 % in 2015 and a record low of -1.996 % in 2014. BB: Net Acquisition of Financial Assets: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Barbados – Table BB.World Bank.WDI: Government Revenue, Expenditure and Finance. Net acquisition of government financial assets includes domestic and foreign financial claims, SDRs, and gold bullion held by monetary authorities as a reserve asset. The net acquisition of financial assets should be offset by the net incurrence of liabilities.;International Monetary Fund, Government Finance Statistics Yearbook and data files.;Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 2.990 2016 | yearly | 2003 - 2016 |
View Barbados's BB: Net Acquisition of Financial Assets: % of GDP from 2003 to 2016 in the chart:
BB: Net Incurrence of Liabilities: Total
BB: Net Incurrence of Liabilities: Total data was reported at 464.422 BBD mn in 2016. This records a decrease from the previous number of 999.908 BBD mn for 2015. BB: Net Incurrence of Liabilities: Total data is updated yearly, averaging 877.258 BBD mn from Dec 2003 to 2016, with 13 observations. The data reached an all-time high of 1,064.639 BBD mn in 2012 and a record low of 66.842 BBD mn in 2003. BB: Net Incurrence of Liabilities: Total data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Barbados – Table BB.World Bank.WDI: Government Revenue, Expenditure and Finance. Net incurrence of government liabilities includes foreign financing (obtained from nonresidents) and domestic financing (obtained from residents), or the means by which a government provides financial resources to cover a budget deficit or allocates financial resources arising from a budget surplus. The net incurrence of liabilities should be offset by the net acquisition of financial assets.;International Monetary Fund, Government Finance Statistics Yearbook and data files.;;
| Last | Frequency | Range |
|---|---|---|
| 464.422 2016 | yearly | 2003 - 2016 |
View Barbados's BB: Net Incurrence of Liabilities: Total from 2003 to 2016 in the chart:
BB: Net Incurrence of Liabilities: Total: % of GDP
BB: Net Incurrence of Liabilities: Total: % of GDP data was reported at 4.805 % in 2016. This records a decrease from the previous number of 10.582 % for 2015. BB: Net Incurrence of Liabilities: Total: % of GDP data is updated yearly, averaging 9.378 % from Dec 2003 to 2016, with 13 observations. The data reached an all-time high of 11.547 % in 2012 and a record low of 1.041 % in 2003. BB: Net Incurrence of Liabilities: Total: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Barbados – Table BB.World Bank.WDI: Government Revenue, Expenditure and Finance. Net incurrence of government liabilities includes foreign financing (obtained from nonresidents) and domestic financing (obtained from residents), or the means by which a government provides financial resources to cover a budget deficit or allocates financial resources arising from a budget surplus. The net incurrence of liabilities should be offset by the net acquisition of financial assets.;International Monetary Fund, Government Finance Statistics Yearbook and data files.;Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 4.805 2016 | yearly | 2003 - 2016 |
View Barbados's BB: Net Incurrence of Liabilities: Total: % of GDP from 2003 to 2016 in the chart:
BB: Net Investment in Nonfinancial Assets
BB: Net Investment in Nonfinancial Assets data was reported at 82.691 BBD mn in 2015. This records a decrease from the previous number of 84.552 BBD mn for 2014. BB: Net Investment in Nonfinancial Assets data is updated yearly, averaging 90.783 BBD mn from Dec 2003 to 2015, with 13 observations. The data reached an all-time high of 535.757 BBD mn in 2007 and a record low of 44.606 BBD mn in 2011. BB: Net Investment in Nonfinancial Assets data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Barbados – Table BB.World Bank.WDI: Government Revenue, Expenditure and Finance. Net investment in government nonfinancial assets includes fixed assets, inventories, valuables, and nonproduced assets. Nonfinancial assets are stores of value and provide benefits either through their use in the production of goods and services or in the form of property income and holding gains. Net investment in nonfinancial assets also includes consumption of fixed capital.;International Monetary Fund, Government Finance Statistics Yearbook and data files.;;
| Last | Frequency | Range |
|---|---|---|
| 82.691 2015 | yearly | 2003 - 2015 |
View Barbados's BB: Net Investment in Nonfinancial Assets from 2003 to 2015 in the chart:
BB: Net Investment in Nonfinancial Assets: % of GDP
BB: Net Investment in Nonfinancial Assets: % of GDP data was reported at 0.875 % in 2015. This records a decrease from the previous number of 0.900 % for 2014. BB: Net Investment in Nonfinancial Assets: % of GDP data is updated yearly, averaging 0.970 % from Dec 2003 to 2015, with 13 observations. The data reached an all-time high of 5.731 % in 2007 and a record low of 0.479 % in 2011. BB: Net Investment in Nonfinancial Assets: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Barbados – Table BB.World Bank.WDI: Government Revenue, Expenditure and Finance. Net investment in government nonfinancial assets includes fixed assets, inventories, valuables, and nonproduced assets. Nonfinancial assets are stores of value and provide benefits either through their use in the production of goods and services or in the form of property income and holding gains. Net investment in nonfinancial assets also includes consumption of fixed capital.;International Monetary Fund, Government Finance Statistics Yearbook and data files.;Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 0.875 2015 | yearly | 2003 - 2015 |
View Barbados's BB: Net Investment in Nonfinancial Assets: % of GDP from 2003 to 2015 in the chart:
BB: Net Lending (+) / Net Borrowing (-): % of GDP
BB: Net Lending (+) / Net Borrowing (-): % of GDP data was reported at -4.865 % in 2016. This records an increase from the previous number of -8.683 % for 2015. BB: Net Lending (+) / Net Borrowing (-): % of GDP data is updated yearly, averaging -5.380 % from Dec 2003 to 2016, with 14 observations. The data reached an all-time high of -1.768 % in 2004 and a record low of -11.172 % in 2013. BB: Net Lending (+) / Net Borrowing (-): % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Barbados – Table BB.World Bank.WDI: Government Revenue, Expenditure and Finance. Net lending (+) / net borrowing (–) equals government revenue minus expense, minus net investment in nonfinancial assets. It is also equal to the net result of transactions in financial assets and liabilities. Net lending/net borrowing is a summary measure indicating the extent to which government is either putting financial resources at the disposal of other sectors in the economy or abroad, or utilizing the financial resources generated by other sectors in the economy or from abroad.;International Monetary Fund, Government Finance Statistics Yearbook and data files.;Weighted average;
| Last | Frequency | Range |
|---|---|---|
| -4.865 2016 | yearly | 2003 - 2016 |
View Barbados's BB: Net Lending (+) / Net Borrowing (-): % of GDP from 2003 to 2016 in the chart:
BB: Revenue Excluding Grants: % of GDP
BB: Revenue Excluding Grants: % of GDP data was reported at 29.557 % in 2016. This records an increase from the previous number of 26.607 % for 2015. BB: Revenue Excluding Grants: % of GDP data is updated yearly, averaging 27.190 % from Dec 2003 to 2016, with 14 observations. The data reached an all-time high of 29.557 % in 2016 and a record low of 24.687 % in 2013. BB: Revenue Excluding Grants: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Barbados – Table BB.World Bank.WDI: Government Revenue, Expenditure and Finance. Revenue is cash receipts from taxes, social contributions, and other revenues such as fines, fees, rent, and income from property or sales. Grants are also considered as revenue but are excluded here.;International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD GDP estimates.;Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 29.557 2016 | yearly | 2003 - 2016 |
View Barbados's BB: Revenue Excluding Grants: % of GDP from 2003 to 2016 in the chart:
BB: Revenue and Grants: Revenue: Customs and Other Import Duties
BB: Revenue and Grants: Revenue: Customs and Other Import Duties data was reported at 245.189 BBD mn in 2016. This records an increase from the previous number of 231.646 BBD mn for 2015. BB: Revenue and Grants: Revenue: Customs and Other Import Duties data is updated yearly, averaging 194.857 BBD mn from Dec 2003 to 2016, with 14 observations. The data reached an all-time high of 245.189 BBD mn in 2016 and a record low of 160.319 BBD mn in 2003. BB: Revenue and Grants: Revenue: Customs and Other Import Duties data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Barbados – Table BB.World Bank.WDI: Government Revenue, Expenditure and Finance. Customs and other import duties are all levies collected on goods that are entering the country or services delivered by nonresidents to residents. They include levies imposed for revenue or protection purposes and determined on a specific or ad valorem basis as long as they are restricted to imported goods or services.;International Monetary Fund, Government Finance Statistics Yearbook and data files.;;
| Last | Frequency | Range |
|---|---|---|
| 245.189 2016 | yearly | 2003 - 2016 |
View Barbados's BB: Revenue and Grants: Revenue: Customs and Other Import Duties from 2003 to 2016 in the chart:
BB: Revenue and Grants: Revenue: Customs and Other Import Duties: % of Tax Revenue
BB: Revenue and Grants: Revenue: Customs and Other Import Duties: % of Tax Revenue data was reported at 9.232 % in 2016. This records a decrease from the previous number of 9.674 % for 2015. BB: Revenue and Grants: Revenue: Customs and Other Import Duties: % of Tax Revenue data is updated yearly, averaging 8.955 % from Dec 2003 to 2016, with 14 observations. The data reached an all-time high of 10.932 % in 2004 and a record low of 8.063 % in 2009. BB: Revenue and Grants: Revenue: Customs and Other Import Duties: % of Tax Revenue data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Barbados – Table BB.World Bank.WDI: Government Revenue, Expenditure and Finance. Customs and other import duties are all levies collected on goods that are entering the country or services delivered by nonresidents to residents. They include levies imposed for revenue or protection purposes and determined on a specific or ad valorem basis as long as they are restricted to imported goods or services.;International Monetary Fund, Government Finance Statistics Yearbook and data files.;;
| Last | Frequency | Range |
|---|---|---|
| 9.232 2016 | yearly | 2003 - 2016 |
View Barbados's BB: Revenue and Grants: Revenue: Customs and Other Import Duties: % of Tax Revenue from 2003 to 2016 in the chart:
BB: Revenue and Grants: Revenue: Other Taxes
BB: Revenue and Grants: Revenue: Other Taxes data was reported at 231.071 BBD mn in 2016. This records an increase from the previous number of 182.775 BBD mn for 2015. BB: Revenue and Grants: Revenue: Other Taxes data is updated yearly, averaging 177.497 BBD mn from Dec 2003 to 2016, with 14 observations. The data reached an all-time high of 231.071 BBD mn in 2016 and a record low of 104.200 BBD mn in 2004. BB: Revenue and Grants: Revenue: Other Taxes data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Barbados – Table BB.World Bank.WDI: Government Revenue, Expenditure and Finance. Other taxes include employer payroll or labor taxes, taxes on property, and taxes not allocable to other categories, such as penalties for late payment or nonpayment of taxes.;International Monetary Fund, Government Finance Statistics Yearbook and data files.;;
| Last | Frequency | Range |
|---|---|---|
| 231.071 2016 | yearly | 2003 - 2016 |
View Barbados's BB: Revenue and Grants: Revenue: Other Taxes from 2003 to 2016 in the chart:
BB: Revenue and Grants: Revenue: Other Taxes: % of Revenue
BB: Revenue and Grants: Revenue: Other Taxes: % of Revenue data was reported at 8.046 % in 2016. This records an increase from the previous number of 7.204 % for 2015. BB: Revenue and Grants: Revenue: Other Taxes: % of Revenue data is updated yearly, averaging 7.216 % from Dec 2003 to 2016, with 14 observations. The data reached an all-time high of 9.469 % in 2014 and a record low of 5.261 % in 2004. BB: Revenue and Grants: Revenue: Other Taxes: % of Revenue data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Barbados – Table BB.World Bank.WDI: Government Revenue, Expenditure and Finance. Other taxes include employer payroll or labor taxes, taxes on property, and taxes not allocable to other categories, such as penalties for late payment or nonpayment of taxes.;International Monetary Fund, Government Finance Statistics Yearbook and data files.;Median;
| Last | Frequency | Range |
|---|---|---|
| 8.046 2016 | yearly | 2003 - 2016 |
View Barbados's BB: Revenue and Grants: Revenue: Other Taxes: % of Revenue from 2003 to 2016 in the chart:
BB: Revenue and Grants: Revenue: Tax Revenue
BB: Revenue and Grants: Revenue: Tax Revenue data was reported at 2,655.965 BBD mn in 2016. This records an increase from the previous number of 2,394.448 BBD mn for 2015. BB: Revenue and Grants: Revenue: Tax Revenue data is updated yearly, averaging 2,223.937 BBD mn from Dec 2003 to 2016, with 14 observations. The data reached an all-time high of 2,655.965 BBD mn in 2016 and a record low of 1,620.375 BBD mn in 2003. BB: Revenue and Grants: Revenue: Tax Revenue data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Barbados – Table BB.World Bank.WDI: Government Revenue, Expenditure and Finance. Tax revenue refers to compulsory transfers to the central government for public purposes. Certain compulsory transfers such as fines, penalties, and most social security contributions are excluded. Refunds and corrections of erroneously collected tax revenue are treated as negative revenue.;International Monetary Fund, Government Finance Statistics Yearbook and data files.;;
| Last | Frequency | Range |
|---|---|---|
| 2,655.965 2016 | yearly | 2003 - 2016 |
View Barbados's BB: Revenue and Grants: Revenue: Tax Revenue from 2003 to 2016 in the chart:
BB: Revenue and Grants: Revenue: Tax Revenue: % of GDP
BB: Revenue and Grants: Revenue: Tax Revenue: % of GDP data was reported at 27.419 % in 2016. This records an increase from the previous number of 25.290 % for 2015. BB: Revenue and Grants: Revenue: Tax Revenue: % of GDP data is updated yearly, averaging 25.287 % from Dec 2003 to 2016, with 14 observations. The data reached an all-time high of 27.419 % in 2016 and a record low of 23.029 % in 2013. BB: Revenue and Grants: Revenue: Tax Revenue: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Barbados – Table BB.World Bank.WDI: Government Revenue, Expenditure and Finance. Tax revenue refers to compulsory transfers to the central government for public purposes. Certain compulsory transfers such as fines, penalties, and most social security contributions are excluded. Refunds and corrections of erroneously collected tax revenue are treated as negative revenue.;International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD GDP estimates.;Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 27.419 2016 | yearly | 2003 - 2016 |
View Barbados's BB: Revenue and Grants: Revenue: Tax Revenue: % of GDP from 2003 to 2016 in the chart:
BB: Revenue and Grants: Revenue: Taxes on Exports
BB: Revenue and Grants: Revenue: Taxes on Exports data was reported at 0.700 BBD mn in 2004. This records a decrease from the previous number of 1.048 BBD mn for 2003. BB: Revenue and Grants: Revenue: Taxes on Exports data is updated yearly, averaging 0.874 BBD mn from Dec 2003 to 2004, with 2 observations. The data reached an all-time high of 1.048 BBD mn in 2003 and a record low of 0.700 BBD mn in 2004. BB: Revenue and Grants: Revenue: Taxes on Exports data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Barbados – Table BB.World Bank.WDI: Government Revenue, Expenditure and Finance. Taxes on exports are all levies on goods being transported out of the country or services being delivered to nonresidents by residents. Rebates on exported goods that are repayments of previously paid general consumption taxes, excise taxes, or import duties are deducted from the gross amounts receivable from these taxes, not from amounts receivable from export taxes.;International Monetary Fund, Government Finance Statistics Yearbook and data files.;;
| Last | Frequency | Range |
|---|---|---|
| 0.000 2016 | yearly | 2003 - 2016 |
View Barbados's BB: Revenue and Grants: Revenue: Taxes on Exports from 2003 to 2016 in the chart:
BB: Revenue and Grants: Revenue: Taxes on Exports: % of Tax Revenue
BB: Revenue and Grants: Revenue: Taxes on Exports: % of Tax Revenue data was reported at 0.039 % in 2004. This records a decrease from the previous number of 0.065 % for 2003. BB: Revenue and Grants: Revenue: Taxes on Exports: % of Tax Revenue data is updated yearly, averaging 0.052 % from Dec 2003 to 2004, with 2 observations. The data reached an all-time high of 0.065 % in 2003 and a record low of 0.039 % in 2004. BB: Revenue and Grants: Revenue: Taxes on Exports: % of Tax Revenue data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Barbados – Table BB.World Bank.WDI: Government Revenue, Expenditure and Finance. Taxes on exports are all levies on goods being transported out of the country or services being delivered to nonresidents by residents. Rebates on exported goods that are repayments of previously paid general consumption taxes, excise taxes, or import duties are deducted from the gross amounts receivable from these taxes, not from amounts receivable from export taxes.;International Monetary Fund, Government Finance Statistics Yearbook and data files.;;
| Last | Frequency | Range |
|---|---|---|
| 0.000 2016 | yearly | 2003 - 2016 |
View Barbados's BB: Revenue and Grants: Revenue: Taxes on Exports: % of Tax Revenue from 2003 to 2016 in the chart:
BB: Revenue and Grants: Revenue: Taxes on Goods and Services
BB: Revenue and Grants: Revenue: Taxes on Goods and Services data was reported at 1,317.590 BBD mn in 2016. This records an increase from the previous number of 1,226.930 BBD mn for 2015. BB: Revenue and Grants: Revenue: Taxes on Goods and Services data is updated yearly, averaging 1,083.678 BBD mn from Dec 2003 to 2016, with 14 observations. The data reached an all-time high of 1,317.590 BBD mn in 2016 and a record low of 744.568 BBD mn in 2003. BB: Revenue and Grants: Revenue: Taxes on Goods and Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Barbados – Table BB.World Bank.WDI: Government Revenue, Expenditure and Finance. Taxes on goods and services include general sales and turnover or value added taxes, selective excises on goods, selective taxes on services, taxes on the use of goods or property, taxes on extraction and production of minerals, and profits of fiscal monopolies.;International Monetary Fund, Government Finance Statistics Yearbook and data files.;;
| Last | Frequency | Range |
|---|---|---|
| 1,317.590 2016 | yearly | 2003 - 2016 |
View Barbados's BB: Revenue and Grants: Revenue: Taxes on Goods and Services from 2003 to 2016 in the chart:
BB: Revenue and Grants: Revenue: Taxes on Goods and Services: % Value Added of Industry and Services
BB: Revenue and Grants: Revenue: Taxes on Goods and Services: % Value Added of Industry and Services data was reported at 15.794 % in 2016. This records an increase from the previous number of 14.880 % for 2015. BB: Revenue and Grants: Revenue: Taxes on Goods and Services: % Value Added of Industry and Services data is updated yearly, averaging 13.831 % from Dec 2003 to 2016, with 14 observations. The data reached an all-time high of 15.953 % in 2011 and a record low of 12.578 % in 2009. BB: Revenue and Grants: Revenue: Taxes on Goods and Services: % Value Added of Industry and Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Barbados – Table BB.World Bank.WDI: Government Revenue, Expenditure and Finance. Taxes on goods and services include general sales and turnover or value added taxes, selective excises on goods, selective taxes on services, taxes on the use of goods or property, taxes on extraction and production of minerals, and profits of fiscal monopolies.;International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD value added estimates.;;
| Last | Frequency | Range |
|---|---|---|
| 15.794 2016 | yearly | 2003 - 2016 |
View Barbados's BB: Revenue and Grants: Revenue: Taxes on Goods and Services: % Value Added of Industry and Services from 2003 to 2016 in the chart:
BB: Revenue and Grants: Revenue: Taxes on Goods and Services: % of Revenue
BB: Revenue and Grants: Revenue: Taxes on Goods and Services: % of Revenue data was reported at 45.879 % in 2016. This records a decrease from the previous number of 48.357 % for 2015. BB: Revenue and Grants: Revenue: Taxes on Goods and Services: % of Revenue data is updated yearly, averaging 44.569 % from Dec 2003 to 2016, with 14 observations. The data reached an all-time high of 49.776 % in 2013 and a record low of 39.608 % in 2009. BB: Revenue and Grants: Revenue: Taxes on Goods and Services: % of Revenue data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Barbados – Table BB.World Bank.WDI: Government Revenue, Expenditure and Finance. Taxes on goods and services include general sales and turnover or value added taxes, selective excises on goods, selective taxes on services, taxes on the use of goods or property, taxes on extraction and production of minerals, and profits of fiscal monopolies.;International Monetary Fund, Government Finance Statistics Yearbook and data files.;Median;
| Last | Frequency | Range |
|---|---|---|
| 45.879 2016 | yearly | 2003 - 2016 |
View Barbados's BB: Revenue and Grants: Revenue: Taxes on Goods and Services: % of Revenue from 2003 to 2016 in the chart:
BB: Revenue and Grants: Revenue: Taxes on Income: Profits and Capital Gains: % of Revenue
BB: Revenue and Grants: Revenue: Taxes on Income: Profits and Capital Gains: % of Revenue data was reported at 29.983 % in 2016. This records an increase from the previous number of 29.661 % for 2015. BB: Revenue and Grants: Revenue: Taxes on Income: Profits and Capital Gains: % of Revenue data is updated yearly, averaging 31.195 % from Dec 2003 to 2016, with 14 observations. The data reached an all-time high of 36.957 % in 2007 and a record low of 27.632 % in 2013. BB: Revenue and Grants: Revenue: Taxes on Income: Profits and Capital Gains: % of Revenue data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Barbados – Table BB.World Bank.WDI: Government Revenue, Expenditure and Finance. Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.;International Monetary Fund, Government Finance Statistics Yearbook and data files.;Median;
| Last | Frequency | Range |
|---|---|---|
| 29.983 2016 | yearly | 2003 - 2016 |
View Barbados's BB: Revenue and Grants: Revenue: Taxes on Income: Profits and Capital Gains: % of Revenue from 2003 to 2016 in the chart:
BB: Revenue and Grants: Revenue: Taxes on Income: Profits and Capital Gains: % of Total Taxes
BB: Revenue and Grants: Revenue: Taxes on Income: Profits and Capital Gains: % of Total Taxes data was reported at 32.420 % in 2016. This records an increase from the previous number of 31.430 % for 2015. BB: Revenue and Grants: Revenue: Taxes on Income: Profits and Capital Gains: % of Total Taxes data is updated yearly, averaging 33.829 % from Dec 2003 to 2016, with 14 observations. The data reached an all-time high of 38.582 % in 2007 and a record low of 29.622 % in 2013. BB: Revenue and Grants: Revenue: Taxes on Income: Profits and Capital Gains: % of Total Taxes data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Barbados – Table BB.World Bank.WDI: Government Revenue, Expenditure and Finance. Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.;International Monetary Fund, Government Finance Statistics Yearbook and data files.;;
| Last | Frequency | Range |
|---|---|---|
| 32.420 2016 | yearly | 2003 - 2016 |
View Barbados's BB: Revenue and Grants: Revenue: Taxes on Income: Profits and Capital Gains: % of Total Taxes from 2003 to 2016 in the chart:
BB: Revenue and Grants: Revenue: Taxes on International Trade
BB: Revenue and Grants: Revenue: Taxes on International Trade data was reported at 246.234 BBD mn in 2016. This records an increase from the previous number of 232.165 BBD mn for 2015. BB: Revenue and Grants: Revenue: Taxes on International Trade data is updated yearly, averaging 202.364 BBD mn from Dec 2003 to 2016, with 14 observations. The data reached an all-time high of 246.234 BBD mn in 2016 and a record low of 166.624 BBD mn in 2003. BB: Revenue and Grants: Revenue: Taxes on International Trade data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Barbados – Table BB.World Bank.WDI: Government Revenue, Expenditure and Finance. Taxes on international trade include import duties, export duties, profits of export or import monopolies, exchange profits, and exchange taxes.;International Monetary Fund, Government Finance Statistics Yearbook and data files.;;
| Last | Frequency | Range |
|---|---|---|
| 246.234 2016 | yearly | 2003 - 2016 |
View Barbados's BB: Revenue and Grants: Revenue: Taxes on International Trade from 2003 to 2016 in the chart:
BB: Revenue and Grants: Revenue: Taxes on International Trade: % of Revenue
BB: Revenue and Grants: Revenue: Taxes on International Trade: % of Revenue data was reported at 8.574 % in 2016. This records a decrease from the previous number of 9.150 % for 2015. BB: Revenue and Grants: Revenue: Taxes on International Trade: % of Revenue data is updated yearly, averaging 8.499 % from Dec 2003 to 2016, with 14 observations. The data reached an all-time high of 9.910 % in 2004 and a record low of 7.328 % in 2009. BB: Revenue and Grants: Revenue: Taxes on International Trade: % of Revenue data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Barbados – Table BB.World Bank.WDI: Government Revenue, Expenditure and Finance. Taxes on international trade include import duties, export duties, profits of export or import monopolies, exchange profits, and exchange taxes.;International Monetary Fund, Government Finance Statistics Yearbook and data files.;Median;
| Last | Frequency | Range |
|---|---|---|
| 8.574 2016 | yearly | 2003 - 2016 |
View Barbados's BB: Revenue and Grants: Revenue: Taxes on International Trade: % of Revenue from 2003 to 2016 in the chart:
BB: Social Contributions: % of Revenue
BB: Social Contributions: % of Revenue data was reported at 0.008 % in 2016. This records a decrease from the previous number of 0.022 % for 2015. BB: Social Contributions: % of Revenue data is updated yearly, averaging 0.031 % from Dec 2003 to 2016, with 14 observations. The data reached an all-time high of 5.998 % in 2004 and a record low of 0.008 % in 2016. BB: Social Contributions: % of Revenue data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Barbados – Table BB.World Bank.WDI: Government Revenue, Expenditure and Finance. Social contributions include social security contributions by employees, employers, and self-employed individuals, and other contributions whose source cannot be determined. They also include actual or imputed contributions to social insurance schemes operated by governments.;International Monetary Fund, Government Finance Statistics Yearbook and data files.;Median;
| Last | Frequency | Range |
|---|---|---|
| 0.008 2016 | yearly | 2003 - 2016 |