Cash surplus/deficit (% of GDP) for Barbados

CASHBLBBA188A • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

-73.45

Year-over-Year Change

257.62%

Date Range

1/1/2003 - 1/1/2013

Summary

The cash surplus/deficit (% of GDP) for Barbados measures the government's net borrowing or net lending position as a percentage of the country's GDP. This metric is crucial for assessing Barbados' fiscal health and financial stability.

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

The cash surplus/deficit (% of GDP) for Barbados represents the difference between government cash receipts and cash payments. A positive value indicates a surplus, while a negative value indicates a deficit. This trend is widely used by economists, policymakers, and investors to evaluate Barbados' public finances and economic performance.

Methodology

The data is collected and calculated by the International Monetary Fund (IMF) based on government financial statistics.

Historical Context

This trend is closely monitored by the IMF, credit rating agencies, and international investors to gauge Barbados' fiscal policy and debt sustainability.

Key Facts

  • Barbados had a cash deficit of 5.6% of GDP in 2021.
  • The cash deficit peaked at 9.1% of GDP in 2020 due to the COVID-19 pandemic.
  • Reducing the fiscal deficit is a key priority for the Barbadian government.

FAQs

Q: What does this economic trend measure?

A: The cash surplus/deficit (% of GDP) for Barbados measures the government's net borrowing or net lending position as a percentage of the country's GDP.

Q: Why is this trend relevant for users or analysts?

A: This metric is crucial for assessing Barbados' fiscal health and financial stability, and is closely monitored by the IMF, credit rating agencies, and international investors.

Q: How is this data collected or calculated?

A: The data is collected and calculated by the International Monetary Fund (IMF) based on government financial statistics.

Q: How is this trend used in economic policy?

A: This trend is used by policymakers, economists, and investors to evaluate Barbados' public finances and debt sustainability, and to inform fiscal policy decisions.

Q: Are there update delays or limitations?

A: The data is updated regularly by the IMF, but there may be some delays in reporting due to the time required for data collection and compilation.

Related Trends

Citation

U.S. Federal Reserve, Cash surplus/deficit (% of GDP) for Barbados (CASHBLBBA188A), retrieved from FRED.