Barbados
Population
0.3 million
GDP per capita
16,817 US$
Synthesis
major macro economic indicators
| 2020 | 2021 | 2022 (e) | 2023 (p) | |
|---|---|---|---|---|
| GDP growth (%) | -13.5 | -0.3 | 10.5 | 4.0 |
| Inflation (yearly average, %) | 2.8 | 3.5 | 8.5 | 4.0 |
| Budget balance (% GDP)* | -4.8 | -4.8 | -3.2 | -1.5 |
| Current account balance (% GDP) | -5.9 | -10.9 | -10.0 | -8.0 |
| Public debt (% GDP) | 137.2 | 137.9 | 118.0 | 112.0 |
(e): Estimate (f): Forecast *Fiscal year from April 1st to March 31st. 2023 data: 2023/24