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. On the other hand 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 1.6 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 7 billion USD

Based on the number of inhabitants, this is in Barbados a debt of 23,116 USD per person. For comparison: The average debt per person in the same year in the European Union was 30,780 USD.

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Gross debt of the last 22 years in billion USD

YearBarbados totalBarbados per capitaEU per capita
19981.57 bn USD5,819 USD12,387 USD
19991.63 bn USD6,034 USD12,342 USD
20001.91 bn USD7,045 USD9,877 USD
20012.11 bn USD7,751 USD9,894 USD
20022.27 bn USD8,295 USD10,773 USD
20032.36 bn USD8,614 USD13,433 USD
20042.55 bn USD9,249 USD15,459 USD
20052.93 bn USD10,608 USD16,095 USD
20063.25 bn USD11,713 USD16,570 USD
20073.64 bn USD13,059 USD18,334 USD
20083.92 bn USD14,006 USD21,119 USD
20094.48 bn USD15,945 USD22,222 USD
20104.93 bn USD17,489 USD26,496 USD
20115.23 bn USD18,491 USD29,231 USD
20125.72 bn USD20,169 USD28,064 USD
20136.33 bn USD22,258 USD29,836 USD
20146.55 bn USD22,984 USD30,512 USD
20156.97 bn USD24,443 USD25,813 USD
20167.27 bn USD25,451 USD26,165 USD
20177.92 bn USD27,675 USD26,931 USD
20186.47 bn USD22,586 USD28,362 USD
20196.23 bn USD21,707 USD27,095 USD
20206.64 bn USD23,116 USD30,780 USD

Comparison of the gross debt per capita with the European Union in Euro

      Barbados       European Union

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