Barbados BB: GDP: % of GDP: Final Consumption Expenditure: General Government

Barbados BB: GDP: % of GDP: Final Consumption Expenditure: General Government data was reported at 11.844 % in 2022. This records a decrease from the previous number of 12.703 % for 2021. Barbados BB: GDP: % of GDP: Final Consumption Expenditure: General Government data is updated yearly, averaging 13.424 % from Dec 1975 (Median) to 2022, with 48 observations. The data reached an all-time high of 19.339 % in 2003 and a record low of 10.819 % in 2019. Barbados BB: GDP: % of GDP: Final Consumption Expenditure: General Government 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: Gross Domestic Product: Share of GDP. Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. General government FCE includes all government current expenditures for purchases of goods and services (including compensation of employees), and most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. 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.;Country official statistics, National Statistical Offices (NSOs); National Accounts data files, Central Banks; Staff estimates, World Bank (WB);Weighted average;

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