Ratio of government expenditure to gross domestic product (GDP) in Barbados 2029
The ratio of government expenditure to GDP in Barbados was forecast to continuously decrease between 2024 and 2029 by in total 2.3 percentage points. According to this forecast, in 2029, the ratio will have decreased for the ninth consecutive year to 25.37 percent.
This indicator depicts the general government expenditure as a share of the national gross domestic product. The International Monetary Fund defines the general government expenditure as consisting of total expense and the net acquisition of nonfinancial assets. The gross domestic product represents the total value of final goods and services produced during a year.
Find more key insights for the ratio of government expenditure to GDP in countries like Bahamas, Antigua & Barbuda, and Haiti.
This indicator depicts the general government expenditure as a share of the national gross domestic product. The International Monetary Fund defines the general government expenditure as consisting of total expense and the net acquisition of nonfinancial assets. The gross domestic product represents the total value of final goods and services produced during a year.
Find more key insights for the ratio of government expenditure to GDP in countries like Bahamas, Antigua & Barbuda, and Haiti.
