Barbados - Expense

Expense (current LCU)

The value for Expense (current LCU) in Barbados was 3,267,461,000 as of 2016. As the graph below shows, over the past 13 years this indicator reached a maximum value of 3,327,973,000 in 2015 and a minimum value of 1,732,120,000 in 2003.

Definition: 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.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

Year Value
2003 1,732,120,000
2004 1,777,000,000
2005 2,146,850,000
2006 2,268,690,000
2007 2,734,967,000
2008 2,956,990,000
2009 3,035,556,000
2010 3,112,336,000
2011 3,006,152,000
2012 3,274,721,000
2013 3,322,375,000
2014 3,142,014,000
2015 3,327,973,000
2016 3,267,461,000

Expense (% of GDP)

Expense (% of GDP) in Barbados was 33.82 as of 2016. Its highest value over the past 13 years was 35.52 in 2013, while its lowest value was 25.79 in 2004.

Definition: 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.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD GDP estimates.

See also:

Year Value
2003 26.98
2004 25.79
2005 28.10
2006 26.90
2007 29.26
2008 30.90
2009 33.99
2010 34.35
2011 32.27
2012 35.52
2013 35.52
2014 33.45
2015 35.29
2016 33.82

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance