Bank nonperforming loans to total gross loans in Barbados
Barbados: Bank nonperforming loans to total gross loans was 5.8% in 2022. ▬ Flat
Bank nonperforming loans to total gross loans in Barbados, 2016–2022
Source: Financial Soundness Indicators, International Monetary Fund (IMF). Measured in %.
Analysis
Barbados recorded 5.8% for bank nonperforming loans to total gross loans in 2022. That is the lowest value across all 7 years on record.
That represents a change of down 19.3% on the previous year and down 16.1% over ten years.
That places Barbados 37th out of 150 countries with data for 2022, putting it in the top quarter.
Bank nonperforming loans to total gross loans in Barbados, year by year
| Year | % | Change |
|---|---|---|
| 2016 | 7.0% | — |
| 2017 | 5.9% | -15.6% |
| 2018 | 6.5% | +10.3% |
| 2019 | 6.1% | -6.2% |
| 2020 | 6.7% | +10.4% |
| 2021 | 7.2% | +7.9% |
| 2022 | 5.8% | -19.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 6.4% | 5.9% | 7.0% | 4 |
| 2020s | 6.6% | 5.8% | 7.2% | 3 |
Countries ranked near Barbados
More financial sector data for Barbados
- Net domestic credit (current LCU), per capita 42,954 current LCU per person (2023)
- Net domestic credit (current LCU), per unit of GDP 1.68 current LCU per US$ of GDP (2023)
- Net domestic credit (current LCU), annual growth rate 1.79 % change on previous year (2023)
- Gold reserves at 35 SDRs per ounce 0 SDR (2024)
- Gold reserves at market value 0 SDR (2024)
- Reserves excluding gold, foreign exchange 1.22 billion SDR (2024)
- Reserves excluding gold 1.27 billion SDR (2024)
- Total reserves (gold at market value) 1.27 billion SDR (2024)
- Total reserves (gold at national valuation) 1.27 billion SDR (2024)
- Total reserves (gold at national valuation) (SDR), per capita 4,489 SDR per person (2024)
Frequently asked questions
- What is bank nonperforming loans to total gross loans in Barbados?
- Bank nonperforming loans to total gross loans in Barbados was 5.8% in 2022, according to Financial Soundness Indicators, International Monetary Fund (IMF).
- What is the highest bank nonperforming loans to total gross loans recorded in Barbados?
- The highest recorded value was 7.2% in 2021.
- What is the lowest bank nonperforming loans to total gross loans recorded in Barbados?
- The lowest recorded value was 5.8% in 2022.
- How does Barbados rank for bank nonperforming loans to total gross loans?
- Barbados ranks 37th out of 150 countries with data for 2022.
- Is bank nonperforming loans to total gross loans rising or falling in Barbados?
- Over the last ten years it is down 16.1%. The long-run trend across the full record is flat.
- Where does this Barbados data come from?
- The figures come from Financial Soundness Indicators, International Monetary Fund (IMF), published as part of Bank nonperforming loans to total gross loans (%). Statizoid updates them automatically from the source API.
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About this data
The indicator measures the proportion of a deposit taker’s loan portfolio that is impaired or at risk of default. It is calculated as the ratio of non-performing loans (NPLs) to total gross loans, where NPLs are defined as loans that are past due by 90 days or more or are otherwise considered unlikely to be repaid in full without the realization of collateral. Both non-performing loans and total gross loans should be reported at their gross book value, without deducting for loan-loss provisions or collateral. This indicator provides a key measure of asset quality and potential credit risk in the banking system.