
Gross debt in Barbados
The government gross debt refers to the total of all sums of money that have to be paid to other countries, communities or institutions. Not included in the gross debt are the demands of a country to foreign ones.The gross debt in Barbados in the period from 1998 to 2021 was between 1.5 billion and 7.9 billion USD. The hightest level within the past 23 years was reached in 2017. However, the liabilities in 2021 have been only seven billion USD
Based on the number of inhabitants, this is a debt of 24,439 USD per person. For comparison, the average debt per person in the same year in the European Union was 33,827 USD.
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Gross debt of the last 23 years in billion USD
Year | Barbados total | Barbados per capita | EU per capita |
---|---|---|---|
1998 | 1.54 bn USD | 5,703 USD | 14,079 USD |
1999 | 1.60 bn USD | 5,914 USD | 14,032 USD |
2000 | 1.87 bn USD | 6,905 USD | 11,241 USD |
2001 | 2.07 bn USD | 7,597 USD | 11,263 USD |
2002 | 2.22 bn USD | 8,130 USD | 12,266 USD |
2003 | 2.32 bn USD | 8,442 USD | 15,295 USD |
2004 | 2.50 bn USD | 9,065 USD | 17,606 USD |
2005 | 2.87 bn USD | 10,397 USD | 18,337 USD |
2006 | 3.28 bn USD | 11,828 USD | 18,887 USD |
2007 | 3.64 bn USD | 13,064 USD | 20,910 USD |
2008 | 3.92 bn USD | 14,015 USD | 24,100 USD |
2009 | 4.48 bn USD | 15,945 USD | 25,376 USD |
2010 | 4.93 bn USD | 17,489 USD | 26,515 USD |
2011 | 5.23 bn USD | 18,491 USD | 29,254 USD |
2012 | 5.72 bn USD | 20,169 USD | 28,198 USD |
2013 | 6.33 bn USD | 22,258 USD | 30,008 USD |
2014 | 6.55 bn USD | 22,983 USD | 30,677 USD |
2015 | 6.99 bn USD | 25,132 USD | 25,944 USD |
2016 | 7.28 bn USD | 26,120 USD | 26,287 USD |
2017 | 7.93 bn USD | 28,393 USD | 27,108 USD |
2018 | 6.49 bn USD | 23,197 USD | 28,543 USD |
2019 | 6.37 bn USD | 22,729 USD | 27,264 USD |
2020 | 6.64 bn USD | 23,641 USD | 30,919 USD |
2021 | 6.87 bn USD | 24,439 USD | 33,827 USD |