Afreximbank: Barbados Public Debt Falls to 96% of GDP
Cairo – October 12, 2026 -- Barbados cut public debt from 104.1% of GDP at end-FY2023/24 to 96% at end-March 2026, backed by a primary fiscal surplus of 4.2% of GDP in FY2025/26, according to a Country Brief released by African Export-Import Bank (Afreximbank).
Growth to slow to 1.9% in 2026 after 5.6% post-pandemic average
GDP growth averaged 5.6% between 2021 and 2026, driven by the rebound in tourism. Afreximbank forecasts expansion of 1.9% in 2026 and 2.3% in 2027. It cites resilient tourism inflows, a strong pipeline of investment projects and targeted government support for households and businesses.