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Economy of Barbados vs Egypt compared: GDP & Debt

Updated on by Georank

Barbados has a GDP of $8.02B compared to $365B for Egypt, ranking 157/197 and 43/197 by economy size, respectively.

Barbados has $7.55B in government debt (94.2% of GDP), compared to $317B (86.8% of GDP) in Egypt.

Barbados vs Egypt GDP by year

Barbados
Egypt
1x
Year GDP, current $
Barbados Egypt
2025 $8,016,550,000 $365,254,630,180
2024 $7,597,571,450 $389,059,910,593
2023 $7,223,248,150 $395,926,071,448
2022 $6,886,644,900 $476,747,720,365
2021 $5,948,900,600 $424,671,765,456
2020 $5,403,246,950 $383,817,841,547
2019 $6,166,710,800 $318,678,815,490
2018 $6,001,101,550 $262,588,632,527
2017 $5,847,381,600 $248,362,771,739
2016 $5,679,029,450 $332,441,717,791
2015 $5,699,619,150 $329,366,576,819
2014 $5,684,901,000 $305,595,408,895
2013 $5,660,059,700 $288,434,108,527
2012 $5,486,500,500 $279,116,666,667
2011 $5,563,162,050 $235,989,672,978
2010 $5,428,683,250 $218,983,666,062
2009 $4,466,809,600 $189,147,005,445
2008 $4,790,410,400 $162,818,181,818
2007 $4,675,767,950 $130,437,828,371
2006 $4,217,323,400 $107,426,086,957
2005 $3,819,500,000 $89,660,339,660
2004 $3,444,500,000 $78,782,467,532
2003 $3,209,500,000 $80,288,461,538
2002 $3,106,500,000 $85,146,067,416
2001 $3,054,500,000 $96,684,636,119
2000 $3,059,500,000 $99,838,543,960
1999 $2,951,822,205 $90,710,704,807
1998 $2,817,083,478 $84,828,807,556
1997 $2,498,384,130 $78,436,578,171
1996 $2,363,645,403 $67,629,716,981
1995 $2,216,974,096 $60,159,245,060
1994 $2,151,344,901 $51,897,983,393
1993 $2,063,342,117 $46,578,631,453
1992 $1,957,000,000 $41,855,986,519
1991 $2,020,583,702 $37,387,836,491
1990 $2,012,131,457 $42,978,914,311
1989 $2,006,165,167 $39,756,299,050
1988 $1,812,757,918 $34,980,124,929
1987 $1,704,370,308 $40,455,616,654
1986 $1,547,755,183 $41,253,507,951
1985 $1,409,536,121 $39,053,502,251
1984 $1,346,890,071 $33,971,188,992
1983 $1,236,016,507 $30,966,239,814
1982 $1,163,923,830 $27,655,172,414
1981 $1,114,204,743 $22,136,081,081
1980 $1,012,280,615 $21,669,908,176
1979 $670,362,452 $18,020,571,429
1978 $552,883,707 $14,811,704,063
1977 $495,097,668 $14,400,806,876
1976 $435,911,269 $13,315,988,083
1975 $402,178,605 $11,632,178,869
1974 $311,804,630 $9,228,963,225
1973 $260,767,828 $10,098,534,613
1972 $213,725,217 $9,299,638,056
1971 $186,826,503 $8,609,283,346
1970 $166,210,203 $8,042,200,452
1969 $141,393,142 $6,524,455,206
1968 $125,733,669 $5,932,242,991
1967 $125,554,009 $5,605,484,299
1966 $113,195,123 $5,278,005,612
1965 $105,021,997 $4,948,667,540
1964 $99,252,731 $4,709,245,762
1963 $99,893,761 $4,187,146,232
1962 $88,782,583 $4,035,462,027
1961 $85,363,759 $4,494,575,611
1960 $80,021,847 $4,206,270,352

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/barbados/egypt | CC BY

GDP per capita in Barbados vs Egypt by year

Barbados
GDP per capita

GDP per capita, PPP
Egypt
GDP per capita

GDP per capita, PPP
1x
Year Current $
Barbados Egypt
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $28,365 - $3,086 -
2024 $26,897 $24,823 $3,338 $19,094
2023 $25,584 $23,660 $3,457 $18,525
2022 $24,393 $22,193 $4,233 $17,527
2021 $21,084 $17,683 $3,827 $15,579
2020 $19,181 $16,555 $3,511 $15,232
2019 $21,929 $19,971 $2,963 $13,364
2018 $21,378 $19,777 $2,485 $12,329
2017 $20,871 $18,437 $2,395 $11,125
2016 $20,311 $19,176 $3,271 $10,666
2015 $20,429 $19,186 $3,307 $10,903
2014 $20,424 $18,595 $3,133 $10,256
2013 $20,384 $19,032 $3,026 $10,511
2012 $19,811 $19,605 $2,996 $10,342
2011 $20,146 $20,316 $2,591 $8,988
2010 $19,723 $20,033 $2,455 $8,838
2009 $16,295 $20,324 $2,162 $8,465
2008 $17,566 $21,376 $1,896 $8,191
2007 $17,235 $20,949 $1,548 $7,641
2006 $15,620 $20,076 $1,299 $7,079
2005 $14,214 $18,450 $1,106 $6,554
2004 $12,886 $17,299 $991 $6,207
2003 $12,076 $16,707 $1,031 $5,928
2002 $11,760 $16,133 $1,117 $5,753
2001 $11,640 $15,866 $1,295 $5,650
2000 $11,675 $15,914 $1,366 $5,452
1999 $11,244 $14,873 $1,268 $5,121
1998 $10,734 $14,621 $1,213 $4,869
1997 $9,522 $13,941 $1,146 $4,661
1996 $9,012 $13,090 $1,009 $4,434
1995 $8,460 $12,375 $916 $4,235
1994 $8,223 $11,900 $807 $4,048
1993 $7,905 $11,448 $740 $3,895
1992 $7,519 $11,127 $681 $3,784
1991 $7,790 $11,576 $623 $3,627
1990 $7,781 $11,687 $736 $3,566
1989 $7,773 - $701 -
1988 $7,033 - $634 -
1987 $6,625 - $754 -
1986 $6,031 - $790 -
1985 $5,510 - $770 -
1984 $5,284 - $690 -
1983 $4,866 - $648 -
1982 $4,599 - $596 -
1981 $4,417 - $490 -
1980 $4,025 - $493 -
1979 $2,668 - $421 -
1978 $2,198 - $355 -
1977 $1,968 - $353 -
1976 $1,734 - $335 -
1975 $1,601 - $299.2 -
1974 $1,243 - $243.1 -
1973 $1,042 - $272.2 -
1972 $856 - $256.5 -
1971 $750 - $243 -
1970 $666 - $232.3 -
1969 $567 - $193 -
1968 $506 - $179.8 -
1967 $508 - $174.1 -
1966 $462 - $168.1 -
1965 $433 - $161.6 -
1964 $414 - $157.7 -
1963 $421 - $143.9 -
1962 $377 - $142.4 -
1961 $366 - $162.8 -
1960 $347 - $156.4 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/barbados/egypt | CC BY

Barbados' GDP per capita is $28,365, ranking 48/197, compared to $3,086 in Egypt, ranking 143/197. Adjusted for purchasing power (GDP per capita PPP), Barbados ranks 84th at $24,823, while Egypt ranks 99th at $19,094.

Economic indicators

Barbados Egypt
Gross domestic product
$8.02B
2025
$365B
2025
GDP rank
157/197
2025
43/197
2025
GDP growth
2.7%
2024-2025
4.39%
2024-2025
GDP per capita
$28,365
2025
$3,086
2025
GDP per capita rank
48/197
2025
143/197
2025
GDP per capita, PPP
$24,823
2024
$19,094
2024
GDP per capita PPP rank
84/197
2024
99/197
2024
Government debt
$7.55B
2025
$317B
2025
Debt-to-GDP ratio
94.2%
2025
86.8%
2025
Government debt per person
$26,731
2025
$2,679
2025
Government debt per person rank
28/185
2025
110/185
2025
Average annual personal income after taxes
$19,127
2026
$1,841
2026
Market capitalization of domestic companies
$2.78B
2020
$62.9B
2025
Number of billionaires
1
2026
5
2026
Income share by richest 10%
25.8%
2016
24.6%
2021
Income share by poorest 10%
2.5%
2016
4.2%
2021
Government expenditure, % of GDP
27%
2025
22.7%
2025
Consumer prices inflation
0.85%
2024-2025
14.1%
2024-2025
Central bank interest rate
2%
2020
19%
2026
Unemployment rate
6.03%
2024
5.95%
2024
Population
282789
121012163

Spending and national debt comparison by year

Barbados
Spending

Debt
Egypt
Spending

Debt
1x
Year % of GDP
Barbados Egypt
Government spending Government debt Government spending Government debt
2025 27% 94.2% 22.7% 86.8%
2024 28.1% 98.9% 22.9% 90.9%
2023 26.5% 104.1% 22.7% 95.9%
2022 26.9% 104% 24.9% 88.5%
2021 27.1% 108.6% 25.5% 89.9%
2020 30.6% 129.6% 25.7% 86.2%
2019 22.2% 101.6% 26.9% 80.1%
2018 25% 107.2% 28.6% 87.9%
2017 28% 134.6% 30.6% 97.8%
2016 28.6% 127.1% 31% 91.6%
2015 29.2% 122.5% 31.3% 83.8%
2014 27.4% 115.1% 33.9% 80.9%
2013 29.1% 111.7% 32.9% 79.8%
2012 28.9% 103.5% 29.2% 69.9%
2011 26.5% 94.4% 30.5% 72.8%
2010 28% 90.3% 31.4% 69.6%
2009 27.8% 83.5% 32.5% 69.5%
2008 27.1% 69.8% 32.7% 66.8%
2007 26.1% 64.9% 31.3% 76.3%
2006 25% 64.1% 34.5% 85.9%
2005 26.4% 62.7% 30.3% 98.3%
2004 26.2% 61% 30.1% 96.5%
2003 27.7% 61.8% 30.6% 97.1%
2002 29.1% 62% 30.9% 85.8%
2001 20.7% 59% 27.9% 79.1%
2000 19.7% 53.6% 26% 71.7%
1999 18.5% 47% 26.3% 72.4%
1998 17.8% 47.2% - 73.8%
1997 19.6% 52% - -
1996 19.1% 52.3% - -
1995 17.3% 52% - -
1994 15.9% 51.4% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1994–2025, retrieved 2026-07-08).

GeoRank.org/economy/barbados/egypt | CC BY

In 2025, Barbados' government spending was $2.16B, accounting for 27% of its GDP, while Egypt spent $82.8B, or 22.7% of GDP.

Debt-to-GDP ratio is 94.2% in Barbados and 86.8% in Egypt, ranking 28/185 and 33/185, respectively.

Government deficit by year

Deficit/surplus
Barbados

Egypt
1x
Year Deficit/surplus, % of GDP
Barbados Egypt
2025 -0.31% -6.55%
2024 -0.84% -7.12%
2023 -1.57% -5.77%
2022 -1.74% -5.74%
2021 -3.88% -6.96%
2020 -4.19% -7.47%
2019 2.86% -7.6%
2018 -0.32% -8.97%
2017 -3.64% -9.9%
2016 -4.55% -11.8%
2015 -7.58% -10.4%
2014 -6.2% -10.7%
2013 -8.46% -12.3%
2012 -6.69% -9.47%
2011 -3.47% -9.6%
2010 -7.1% -7.45%
2009 -6.19% -6.2%
2008 -3.94% -6.05%
2007 -4.08% -4.9%
2006 -3.13% -7.35%
2005 -2.78% -6.69%
2004 -2.73% -5.76%
2003 -2.86% -5.73%
2002 -4.96% -6.77%
2001 3.83% -1.07%
2000 4.68% 1.32%
1999 5.06% 2.14%
1998 5.63% -
1997 5.15% -
1996 3.5% -
1995 5.79% -
1994 6.28% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1994–2025, retrieved 2026-07-08).

GeoRank.org/economy/barbados/egypt | CC BY

In 2025, Barbados' government deficit, the difference between spending and revenue, was $24.8M, equivalent to 0.31% of GDP. This compares to Egypt's deficit of $23.9B, or 6.55% of GDP.

Over the past 27 years, Barbados recorded a fiscal deficit in 23 of those years, while Egypt ran a deficit in 25 years. On average, Barbados posted an annual deficit equal to 2.77% of GDP, compared to deficit of 6.85% of GDP for Egypt.

Inflation comparison by year

Inflation
Barbados

Egypt
1x
Year Consumer prices inflation
Barbados Egypt
2025 0.85% 14.1%
2024 1.45% 28.3%
2023 3.19% 33.9%
2022 - 13.9%
2021 - 5.21%
2020 - 5.04%
2019 1.68% 9.15%
2018 3.11% 14.4%
2017 4.66% 29.5%
2016 1.28% 13.8%
2015 -1.11% 10.4%
2014 1.77% 10.1%
2013 1.81% 9.47%
2012 4.53% 7.11%
2011 9.43% 10.1%
2010 5.82% 11.3%
2009 3.64% 11.8%
2008 8.11% 18.3%
2007 4.03% 9.32%
2006 7.31% 7.64%
2005 6.08% 4.87%
2004 1.39% 11.3%
2003 1.62% 4.51%
2002 0.13% 2.74%
2001 2.58% 2.27%
2000 2.44% 2.68%
1999 1.56% 3.08%
1998 -1.27% 3.87%
1997 7.71% 4.63%

Data sources: World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

GeoRank.org/economy/barbados/egypt | CC BY

Over the past 29 years, Barbados has recorded an average annual inflation rate of 3.22%, compared with 10.8% in Egypt. In 2025, inflation was 0.85% in Barbados and 14.1% in Egypt.

Top exports between countries

Barbados
Export category Export value
Wood & paper products $1K
Egypt
Export category Export value
Processed food, beverages & tobacco $309K
Metals $292K
Raw agricultural goods $111K
Raw materials & minerals $72K
Textiles & consumer goods $67K
Chemicals & pharma $62K
Miscellaneous $1K

Balance of trade

Barbados Egypt
Current account balance
-$296M
2017
-$13.9B
2025
Current account balance ranking
96/190
2017
178/190
2025
Current account balance, % of GDP
-5.07%
2017
-3.82%
2025
Goods imports
$1.53B
2017
$85.5B
2025
Goods exports
$705M
2017
$42.4B
2025
Service imports
$687M
2017
$29.6B
2025
Service exports
$1.52B
2017
$34.1B
2025
Imports of goods and services, % of GDP n/a
31.5%
2025
Exports of goods and services, % of GDP
14.5%
2026
19.8%
2025

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Barbados Egypt
Economic freedom 70.4 50.3
Economic freedom ranking 34/197 160/197
Property rights 76.4 35.5
Government integrity 71.3 27.1
Judicial effectiveness 87.3 24
Tax burden 83.2 85.7
Government spending 74.5 83.4
Fiscal health 76.5 21.8
Business freedom 72.3 51.4
Labor freedom 54.3 43.1
Monetary freedom 80.8 56
Trade freedom 48.2 60.2
Investment freedom 60 65
Financial freedom 60 50

Economic freedom comparison by year

Barbados
Egypt
1x
Year Economic freedom index
Barbados Egypt
2026 70.4 50.3
2025 68.9 50.9
2024 66.8 49.7
2023 69.8 49.6
2022 71.3 49.1
2021 65 55.7
2020 61.4 54
2019 64.7 52.5
2018 57 53.4
2017 54.5 52.6
2016 68.3 56
2015 67.9 55.2
2014 68.3 52.9
2013 69.3 54.8
2012 69 57.9
2011 68.5 59.1
2010 68.3 59
2009 71.5 58
2008 71.3 58.5
2007 70 54.4
2006 71.9 53.2
2005 70.1 55.8
2004 69.4 55.5
2003 71.3 55.3
2002 73.6 54.1
2001 71.5 51.5
2000 69.5 51.7
1999 66.7 58
1998 67.9 55.8
1997 64.5 54.5
1996 62.3 52
1995 - 45.7

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08).

GeoRank.org/economy/barbados/egypt | CC BY

The Economic Freedom Index for Barbados is 70.4, ranking 34/197, compared to 50.3 for Egypt, ranking 160/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Barbados Egypt
Services, % of GDP
75.8%
2024
47.3%
2025
Industry, % of GDP
12.2%
2024
32.1%
2025
Agriculture, forestry, and fishing, % of GDP
1.55%
2024
16.6%
2025
GNI, Atlas method
$7.65B
2025
$386B
2025
GNI per capita, PPP
$24,840
2025
$19,330
2025
Total reserves including gold
$1.65B
2024
$48.9B
2025
Total reserves ranking
131/177
2024
49/177
2025
Net foreign direct investment
-$208M
2017
-$14.8B
2025
Net inflows of foreign direct investment
$303M
2024
$46.6B
2024
Net outflows of foreign direct investment
$18.6M
2024
$508M
2024
Servicing debt to the IMF, % of GNI n/a
8.86%
2024
Poverty at national poverty lines
25.7%
2016
33.5%
2021
Gross capital formation, % of GDP n/a
12.9%
2025

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

GeoRank.org/economy/barbados/egypt | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1994–2025, retrieved 2026-07-08)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  4. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  5. TradeMap (2023–2025, retrieved 2026-07-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  7. LivingCost (2026, retrieved 2026-07-08)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.