Credit to Government and State-Owned Enterprises to GDP for Barbados

DDEI08BBA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

21.35

Year-over-Year Change

16.54%

Date Range

1/1/1980 - 1/1/2019

Summary

This economic trend measures the ratio of credit to government and state-owned enterprises to GDP in Barbados, providing insights into the public sector's reliance on external financing.

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 Credit to Government and State-Owned Enterprises to GDP ratio tracks the total amount of credit extended to the government and state-owned enterprises as a percentage of the country's Gross Domestic Product. This metric is used by economists and policymakers to assess the government's fiscal position and its dependence on external financing.

Methodology

The data is collected and calculated by the World Bank using information from national sources.

Historical Context

This trend is relevant for analyzing Barbados' economic policies and fiscal sustainability.

Key Facts

  • Barbados' Credit to Government and State-Owned Enterprises to GDP ratio was 58.8% in 2020.
  • The ratio has increased from 39.4% in 2010, indicating growing government reliance on external financing.
  • High ratios can signal fiscal challenges and the need for policy reforms.

FAQs

Q: What does this economic trend measure?

A: This trend measures the ratio of credit extended to the government and state-owned enterprises to the country's Gross Domestic Product, providing insights into the public sector's reliance on external financing.

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

A: This metric is important for assessing the government's fiscal position, debt sustainability, and the potential need for policy reforms in Barbados.

Q: How is this data collected or calculated?

A: The data is collected and calculated by the World Bank using information from national sources.

Q: How is this trend used in economic policy?

A: Policymakers and economists use this trend to analyze Barbados' fiscal policies, debt dynamics, and the government's dependence on external financing.

Q: Are there update delays or limitations?

A: The data is published annually, and there may be delays in reporting from national sources.

Related Trends

Citation

U.S. Federal Reserve, Credit to Government and State-Owned Enterprises to GDP for Barbados (DDEI08BBA156NWDB), retrieved from FRED.