
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 2020 was between 1.5 billion and 7.9 billion USD. The hightest level within the past 22 years was reached in 2017. However, the liabilities in 2020 have been only seven billion USD
Based on the number of inhabitants, this is a debt of 25,026 USD per person. For comparison, the average debt per person in the same year in the European Union was 30,783 USD.
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Gross debt of the last 22 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 | 11,232 USD |
2001 | 2.07 bn USD | 7,597 USD | 11,255 USD |
2002 | 2.22 bn USD | 8,130 USD | 12,258 USD |
2003 | 2.32 bn USD | 8,442 USD | 15,286 USD |
2004 | 2.50 bn USD | 9,065 USD | 17,595 USD |
2005 | 2.87 bn USD | 10,397 USD | 18,327 USD |
2006 | 3.28 bn USD | 11,828 USD | 18,877 USD |
2007 | 3.64 bn USD | 13,064 USD | 20,898 USD |
2008 | 3.92 bn USD | 14,015 USD | 24,086 USD |
2009 | 4.48 bn USD | 15,945 USD | 25,361 USD |
2010 | 4.93 bn USD | 17,489 USD | 26,496 USD |
2011 | 5.23 bn USD | 18,491 USD | 29,231 USD |
2012 | 5.72 bn USD | 20,169 USD | 28,174 USD |
2013 | 6.33 bn USD | 22,258 USD | 29,981 USD |
2014 | 6.55 bn USD | 22,983 USD | 30,648 USD |
2015 | 6.99 bn USD | 25,132 USD | 25,918 USD |
2016 | 7.28 bn USD | 26,120 USD | 26,261 USD |
2017 | 7.93 bn USD | 28,393 USD | 27,024 USD |
2018 | 6.49 bn USD | 23,197 USD | 28,448 USD |
2019 | 6.37 bn USD | 22,729 USD | 27,168 USD |
2020 | 7.02 bn USD | 25,026 USD | 30,783 USD |