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Government > Spending Stats: compare key data on Barbados & United States

Definitions

  • Compensation of employees > % of expense: Compensation of employees consists of all payments in cash, as well as in kind (such as food and housing), to employees in return for services rendered, and government contributions to social insurance schemes such as social security and pensions that provide benefits to employees."
  • Compensation of employees > Current LCU: Compensation of employees consists of all payments in cash, as well as in kind (such as food and housing), to employees in return for services rendered, and government contributions to social insurance schemes such as social security and pensions that provide benefits to employees."
  • Expense > % of GDP: Expense is cash payments for operating activities of the government in providing goods and services. It includes compensation of employees (such as wages and salaries), interest and subsidies, grants, social benefits, and other expenses such as rent and dividends."
  • Expense > Current LCU: Expense is cash payments for operating activities of the government in providing goods and services. It includes compensation of employees (such as wages and salaries), interest and subsidies, grants, social benefits, and other expenses such as rent and dividends."
  • Goods and services expense > % of expense: Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Own-account capital formation is excluded.
  • Goods and services expense > Current LCU: Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Own-account capital formation is excluded.
  • Interest payments > % of expense: Interest payments include interest payments on government debt--including long-term bonds, long-term loans, and other debt instruments--to domestic and foreign residents."
  • Interest payments > % of revenue: Interest payments include interest payments on government debt--including long-term bonds, long-term loans, and other debt instruments--to domestic and foreign residents."
  • Interest payments > Current LCU: Interest payments include interest payments on government debt--including long-term bonds, long-term loans, and other debt instruments--to domestic and foreign residents."
  • Other expense > % of expense: Other expense is spending on dividends, rent, and other miscellaneous expenses, including provision for consumption of fixed capital."
  • Other expense > Current LCU: Other expense is spending on dividends, rent, and other miscellaneous expenses, including provision for consumption of fixed capital."
  • Subsidies and other transfers > % of expense: Subsidies, grants, and other social benefits include all unrequited, nonrepayable transfers on current account to private and public enterprises; grants to foreign governments, international organisations, and other government units; and social security, social assistance benefits, and employer social benefits in cash and in kind."
  • Subsidies and other transfers > Current LCU: Subsidies, grants, and other social benefits include all unrequited, nonrepayable transfers on current account to private and public enterprises; grants to foreign governments, international organisations, and other government units; and social security, social assistance benefits, and employer social benefits in cash and in kind."
STAT Barbados United States HISTORY
Compensation of employees > % of expense 29.59%
Ranked 32nd. 2 times more than United States
12.08%
Ranked 75th.

Compensation of employees > Current LCU 809.15 million
Ranked 90th.
399.42 billion
Ranked 14th. 494 times more than Barbados

Expense > % of GDP 40.11%
Ranked 12th. 55% more than United States
25.94%
Ranked 2nd.

Expense > Current LCU 2.73 billion
Ranked 92nd.
3.7 trillion
Ranked 1st. 1352 times more than Barbados

Goods and services expense > % of expense 13.42%
Ranked 51st.
15.67%
Ranked 32nd. 17% more than Barbados

Goods and services expense > Current LCU 366.98 million
Ranked 93th.
518.29 billion
Ranked 9th. 1412 times more than Barbados

Interest payments > % of expense 14.22%
Ranked 13th. 95% more than United States
7.31%
Ranked 3rd.

Interest payments > % of revenue 15.35%
Ranked 11th. 29% more than United States
11.93%
Ranked 1st.

Interest payments > Current LCU 388.98 million
Ranked 84th.
270.49 billion
Ranked 1st. 695 times more than Barbados

Other expense > % of expense 0.95%
Ranked 84th.
26.91%
Ranked 1st. 28 times more than Barbados

Other expense > Current LCU 26.09 million
Ranked 87th.
995.12 billion
Ranked 1st. 38136 times more than Barbados

Subsidies and other transfers > % of expense 42.77%
Ranked 46th.
69.14%
Ranked 1st. 62% more than Barbados

Subsidies and other transfers > Current LCU 1.17 billion
Ranked 86th.
2.56 trillion
Ranked 1st. 2186 times more than Barbados

SOURCES: International Monetary Fund, Government Finance Statistics Yearbook and data files.; International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD GDP estimates.

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