Barbados: Shadow economy

(measure: percent; Source: Medina and Schneider (2018))
* indicates monthly or quarterly data series

Barbados: Shadow economy, percent of GDP

: For that indicator, Medina and Schneider (2018) provides data for Barbados from to . The average value for Barbados during that period was percent with a minumum of percent in and a maximum of percent in . See the global rankings for that indicator or use the country comparator to compare trends over time.
No data for this country


Definition: The shadow economy as percent of total annual GDP. Detailed methodology of the estimations can be obtained from the following International Monetary Fund working paper by Leandro Medina and Friedrich Schneider (2018): Shadow Economies Around the World: What Did We Learn Over the Last 20 Years?
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