Share of government expenditure going to interest payments in Barbados

Barbados: Share of government expenditure going to interest payments was 22.53 in 2016. ▲ Rising

Latest (2016)
22.53
Change on year
up 12.9%
World rank
10th
of 152 countries
All-time high
22.53
in 2016
All-time low
13.35
in 2008
Years of data
14
2003–2016

Share of government expenditure going to interest payments in Barbados, 2003–2016

05101520252003200920162003: 15.82004: 15.32005: 13.72006: 14.32007: 14.22008: 13.42009: 14.22010: 15.72011: 17.52012: 17.32013: 182014: 20.52015: 19.92016: 22.5

Source: Our World in Data.

Analysis

The most recent figure for share of government expenditure going to interest payments in Barbados is 22.53, measured in 2016. That is the highest value across all 14 years on record.

Compared with earlier readings it is up 12.9% on the previous year and up 57.4% over ten years.

Over the whole period, share of government expenditure going to interest payments in Barbados peaked at 22.53 in 2016 and was at its lowest, 13.35, in 2008.

That places Barbados 10th out of 152 countries with data for 2016, putting it in the top 10%.

The long-run direction has been consistently rising across the 14 years of available data.

Share of government expenditure going to interest payments in Barbados, year by year

Annual values for Share of government expenditure going to interest payments in Barbados, 2003 to 2016.
Year Value Change
2003 15.84
2004 15.29 -3.4%
2005 13.75 -10.1%
2006 14.32 +4.2%
2007 14.22 -0.7%
2008 13.35 -6.1%
2009 14.18 +6.2%
2010 15.7 +10.7%
2011 17.54 +11.7%
2012 17.25 -1.6%
2013 18 +4.3%
2014 20.53 +14.1%
2015 19.95 -2.8%
2016 22.53 +12.9%

Averages by decade

DecadeAverage LowestHighest Years
2000s 14.42 13.35 15.84 7
2010s 18.78 15.7 22.53 7

Countries ranked near Barbados

  1. 7 Brazil 24.14 compare
  2. 8 Bangladesh 24.03 compare
  3. 9 India 23.23 compare
  4. 11 Jamaica 21.99 compare
  5. 12 Gabon 20.36 compare
  6. 13 Seychelles 19.68 compare

See the full ranking of 152 places →

More reference data data for Barbados

All data for Barbados →

Frequently asked questions

What is share of government expenditure going to interest payments in Barbados?
Share of government expenditure going to interest payments in Barbados was 22.53 in 2016, according to Our World in Data.
What is the highest share of government expenditure going to interest payments recorded in Barbados?
The highest recorded value was 22.53 in 2016.
What is the lowest share of government expenditure going to interest payments recorded in Barbados?
The lowest recorded value was 13.35 in 2008.
How does Barbados rank for share of government expenditure going to interest payments?
Barbados ranks 10th out of 152 countries with data for 2016.
Is share of government expenditure going to interest payments rising or falling in Barbados?
Over the last ten years it is up 57.4%. The long-run trend across the full record is rising.
Where does this Barbados data come from?
The figures come from Our World in Data, published as part of Share of government expenditure going to interest payments. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 14 observations, free to reuse under CC BY 4.0 (Our World in Data).

Share, cite or embed this page

Cite this page

Share of government expenditure going to interest payments in Barbados. Statizoid, drawing on Our World in Data. Retrieved 24 August 2026, from https://reference.statizoid.com/stat/share-of-government-expenditure-going-to-interest-payments/barbados/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under CC BY 4.0 (Our World in Data); please keep the attribution.

<a href="https://reference.statizoid.com/stat/share-of-government-expenditure-going-to-interest-payments/barbados/">Share of government expenditure going to interest payments in Barbados</a> — Statizoid

About this data

Indicator
Share of government expenditure going to interest payments
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
152 places, 4,278 data points, 1972–2024
Last refreshed