Share of government consumption in GDP vs. share of population living in extreme poverty in Barbados

Barbados: Share of government consumption in GDP vs. share of population living in extreme poverty was 28.0% in 2023. ▲ Rising

Latest (2023)
28.0%
Change on year
down 13.0%
World rank
24th
of 184 countries
All-time high
32.2%
in 2022
All-time low
7.3%
in 1960
Years of data
64
1960–2023

Share of government consumption in GDP vs. share of population living in extreme poverty in Barbados, 1960–2023

51015202530196019912023

Source: Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data. Measured in % of GDP.

Analysis

The most recent figure for share of government consumption in gdp vs. share of population living in extreme poverty in Barbados is 28.0%, measured in 2023.

The figure is down 13.0% on the previous year and up 22.5% over ten years.

Over the whole period, share of government consumption in gdp vs. share of population living in extreme poverty in Barbados peaked at 32.2% in 2022 and was at its lowest, 7.3%, in 1960.

Barbados ranks 24th of 184 countries on this measure, in the top quarter.

The long-run direction has been consistently rising across the 64 years of available data.

Share of government consumption in GDP vs. share of population living in extreme poverty in Barbados, year by year

Annual values for Share of government consumption in GDP vs. share of population living in extreme poverty in Barbados, 1960 to 2023.
Year % of GDP Change
1960 7.3%
1961 8.5% +16.7%
1962 8.3% -2.3%
1963 7.6% -7.7%
1964 7.7% +1.5%
1965 8.2% +6.3%
1966 9.0% +9.5%
1967 9.8% +8.9%
1968 9.9% +0.6%
1969 10.7% +8.0%
1970 10.4% -2.7%
1971 10.8% +4.5%
1972 10.9% +0.3%
1973 12.7% +16.8%
1974 12.1% -4.6%
1975 9.8% -19.2%
1976 10.1% +2.9%
1977 9.8% -2.7%
1978 9.8% -0.2%
1979 9.6% -2.5%
1980 10.2% +6.9%
1981 11.6% +13.9%
1982 10.5% -10.0%
1983 9.8% -6.1%
1984 10.0% +1.7%
1985 12.6% +25.6%
1986 10.9% -12.8%
1987 8.5% -21.9%
1988 10.6% +23.9%
1989 10.6% +0.2%
1990 8.9% -15.8%
1991 12.9% +44.1%
1992 16.7% +29.7%
1993 18.8% +12.5%
1994 13.0% -30.8%
1995 13.5% +3.5%
1996 15.3% +13.3%
1997 14.9% -2.0%
1998 15.8% +5.7%
1999 15.1% -4.4%
2000 15.8% +4.6%
2001 15.4% -2.8%
2002 15.9% +3.2%
2003 22.4% +41.3%
2004 20.2% -10.1%
2005 20.6% +2.4%
2006 18.5% -10.2%
2007 19.9% +7.3%
2008 22.2% +11.4%
2009 23.2% +4.9%
2010 20.0% -13.9%
2011 21.2% +6.0%
2012 22.4% +5.8%
2013 22.8% +1.8%
2014 21.6% -5.6%
2015 21.2% -1.9%
2016 21.4% +1.1%
2017 20.0% -6.5%
2018 24.9% +24.7%
2019 24.3% -2.4%
2020 25.0% +2.8%
2021 28.8% +15.3%
2022 32.2% +11.5%
2023 28.0% -13.0%

Averages by decade

DecadeAverage LowestHighest Years
1960s 8.7% 7.3% 10.7% 10
1970s 10.6% 9.6% 12.7% 10
1980s 10.5% 8.5% 12.6% 10
1990s 14.5% 8.9% 18.8% 10
2000s 19.4% 15.4% 23.2% 10
2010s 22.0% 20.0% 24.9% 10
2020s 28.5% 25.0% 32.2% 4

Countries ranked near Barbados

  1. 21 Zimbabwe 29.6% compare
  2. 22 Iran, Islamic Republic of 29.4% compare
  3. 23 Mongolia 29.0% compare
  4. 25 Sweden 28.0% compare
  5. 26 Burundi 27.9% compare
  6. 27 Bulgaria 27.6% compare

See the full ranking of 184 places →

More poverty & inequality data for Barbados

All data for Barbados →

Frequently asked questions

What is share of government consumption in gdp vs. share of population living in extreme poverty in Barbados?
Share of government consumption in gdp vs. share of population living in extreme poverty in Barbados was 28.0% in 2023, according to Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data.
What is the highest share of government consumption in gdp vs. share of population living in extreme poverty recorded in Barbados?
The highest recorded value was 32.2% in 2022.
What is the lowest share of government consumption in gdp vs. share of population living in extreme poverty recorded in Barbados?
The lowest recorded value was 7.3% in 1960.
How does Barbados rank for share of government consumption in gdp vs. share of population living in extreme poverty?
Barbados ranks 24th out of 184 countries with data for 2023.
Is share of government consumption in gdp vs. share of population living in extreme poverty rising or falling in Barbados?
Over the last ten years it is up 22.5%. The long-run trend across the full record is rising.
Where does this Barbados data come from?
The figures come from Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data, published as part of Share of government consumption in GDP vs. share of population living in extreme poverty. Statizoid updates them automatically from the source API.

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Share of government consumption in GDP vs. share of population living in extreme poverty in Barbados. Statizoid, drawing on Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data. Retrieved 05 September 2026, from https://poverty.statizoid.com/stat/share-of-government-consumption-in-gdp-vs-share-in-extreme-poverty/barbados/

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About this data

Indicator
Share of government consumption in GDP vs. share of population living in extreme poverty
Unit
% of GDP
Source
Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
184 places, 10,907 data points, 1950–2023
Last refreshed

Government consumption divided by gross domestic product, expressed as a percentage.