General Government Primary Net Lending/Borrowing for Barbados
BRBGGXONLBGDP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.35
Year-over-Year Change
42.46%
Date Range
1/1/1994 - 1/1/2030
Summary
The General Government Primary Net Lending/Borrowing for Barbados measures the difference between government revenue and non-interest expenditures. It is a key indicator of fiscal sustainability and the government's ability to manage its finances.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This economic trend represents the balance between the government's receipts and non-interest spending, excluding debt service costs. It provides insight into the government's fiscal position and helps policymakers assess the effectiveness of fiscal policies.
Methodology
The data is collected and calculated by the International Monetary Fund (IMF) based on reports from the Barbados government.
Historical Context
Analysts and policymakers use this metric to evaluate the government's fiscal management and the overall health of the public finances.
Key Facts
- Barbados has run a primary deficit since 2008.
- The primary balance reached a low of -6.5% of GDP in 2013.
- The government has implemented fiscal consolidation measures in recent years.
FAQs
Q: What does this economic trend measure?
A: The General Government Primary Net Lending/Borrowing for Barbados measures the difference between the government's revenue and non-interest expenditures, excluding debt service costs.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the government's fiscal position and ability to manage its finances, which is crucial for evaluating fiscal sustainability and the effectiveness of economic policies.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the International Monetary Fund (IMF) based on reports from the Barbados government.
Q: How is this trend used in economic policy?
A: Analysts and policymakers use this metric to assess the government's fiscal management and the overall health of the public finances, which informs policy decisions.
Q: Are there update delays or limitations?
A: The data may be subject to revisions and updates from the IMF and Barbados government, and there may be delays in reporting.
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Citation
U.S. Federal Reserve, General Government Primary Net Lending/Borrowing for Barbados (BRBGGXONLBGDP), retrieved from FRED.