Broad money in Barbados
Barbados: Broad money was 14.09 billion current LCU in 2023. ◆ Volatile
Broad money in Barbados, 1966–2023
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Barbados recorded 14.09 billion current LCU for broad money in 2023. That is the highest value across all 56 years on record.
The figure is up 0.9% on the previous year and up 43.4% over ten years.
Over the whole period, broad money in Barbados peaked at 14.09 billion current LCU in 2023 and was at its lowest, 89.90 million current LCU, in 1966.
That places Barbados 144th out of 167 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Broad money in Barbados, year by year
| Year | current LCU | Change |
|---|---|---|
| 1966 | 89.90 million current LCU | — |
| 1967 | 107.50 million current LCU | +19.6% |
| 1968 | 142.30 million current LCU | +32.4% |
| 1969 | 152.90 million current LCU | +7.4% |
| 1970 | 176.50 million current LCU | +15.4% |
| 1971 | 208.90 million current LCU | +18.4% |
| 1972 | 240.20 million current LCU | +15.0% |
| 1973 | 246.07 million current LCU | +2.4% |
| 1974 | 295.58 million current LCU | +20.1% |
| 1975 | 345.91 million current LCU | +17.0% |
| 1976 | 390.56 million current LCU | +12.9% |
| 1977 | 429.56 million current LCU | +10.0% |
| 1978 | 532.91 million current LCU | +24.1% |
| 1979 | 674.35 million current LCU | +26.5% |
| 1980 | 769.65 million current LCU | +14.1% |
| 1981 | 882.21 million current LCU | +14.6% |
| 1982 | 959.44 million current LCU | +8.8% |
| 1983 | 1.07 billion current LCU | +11.2% |
| 1984 | 1.15 billion current LCU | +7.4% |
| 1985 | 1.25 billion current LCU | +9.1% |
| 1986 | 1.35 billion current LCU | +7.8% |
| 1987 | 1.59 billion current LCU | +18.0% |
| 1988 | 1.77 billion current LCU | +11.1% |
| 1989 | 1.82 billion current LCU | +2.7% |
| 1990 | 2.06 billion current LCU | +13.6% |
| 1991 | 2.05 billion current LCU | -0.7% |
| 1992 | 2.16 billion current LCU | +5.3% |
| 1993 | 2.23 billion current LCU | +3.6% |
| 1994 | 2.40 billion current LCU | +7.6% |
| 1995 | 2.52 billion current LCU | +4.8% |
| 1996 | 2.97 billion current LCU | +17.9% |
| 1997 | 3.15 billion current LCU | +6.1% |
| 1998 | 3.40 billion current LCU | +7.9% |
| 1999 | 3.64 billion current LCU | +7.1% |
| 2000 | 3.99 billion current LCU | +9.6% |
| 2001 | 5.36 billion current LCU | +34.2% |
| 2002 | 6.18 billion current LCU | +15.4% |
| 2003 | 6.47 billion current LCU | +4.6% |
| 2004 | 7.23 billion current LCU | +11.7% |
| 2005 | 8.45 billion current LCU | +16.9% |
| 2006 | 8.90 billion current LCU | +5.3% |
| 2007 | 10.76 billion current LCU | +20.9% |
| 2008 | 10.89 billion current LCU | +1.2% |
| 2009 | 10.95 billion current LCU | +0.6% |
| 2012 | 9.47 billion current LCU | -13.5% |
| 2013 | 9.82 billion current LCU | +3.8% |
| 2014 | 10.13 billion current LCU | +3.2% |
| 2015 | 10.75 billion current LCU | +6.1% |
| 2016 | 11.20 billion current LCU | +4.2% |
| 2017 | 11.34 billion current LCU | +1.2% |
| 2018 | 11.32 billion current LCU | -0.1% |
| 2019 | 11.66 billion current LCU | +3.0% |
| 2020 | 12.50 billion current LCU | +7.3% |
| 2021 | 13.25 billion current LCU | +6.0% |
| 2022 | 13.96 billion current LCU | +5.3% |
| 2023 | 14.09 billion current LCU | +0.9% |
Barbados compared with similar countries
- Barbados's 14.09 billion current LCU is below the median for high income countries, which is 1.81 trillion current LCU, 1% of the median. (41 countries reporting)
- Barbados's 14.09 billion current LCU is below the median for Latin America & Caribbean, which is 220.40 billion current LCU, 6% of the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 123.15 million current LCU | 89.90 million current LCU | 152.90 million current LCU | 4 |
| 1970s | 354.05 million current LCU | 176.50 million current LCU | 674.35 million current LCU | 10 |
| 1980s | 1.26 billion current LCU | 769.65 million current LCU | 1.82 billion current LCU | 10 |
| 1990s | 2.66 billion current LCU | 2.05 billion current LCU | 3.64 billion current LCU | 10 |
| 2000s | 7.92 billion current LCU | 3.99 billion current LCU | 10.95 billion current LCU | 10 |
| 2010s | 10.71 billion current LCU | 9.47 billion current LCU | 11.66 billion current LCU | 8 |
| 2020s | 13.45 billion current LCU | 12.50 billion current LCU | 14.09 billion current LCU | 4 |
Countries ranked near Barbados
More financial sector data for Barbados
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0022 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 61.36 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0016 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 44.81 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0022 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 61.36 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is broad money in Barbados?
- Broad money in Barbados was 14.09 billion current LCU in 2023, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest broad money recorded in Barbados?
- The highest recorded value was 14.09 billion current LCU in 2023.
- What is the lowest broad money recorded in Barbados?
- The lowest recorded value was 89.90 million current LCU in 1966.
- How does Barbados rank for broad money?
- Barbados ranks 144th out of 167 countries with data for 2023.
- Is broad money rising or falling in Barbados?
- Over the last ten years it is up 43.4%. The long-run trend across the full record is volatile.
- Where does this Barbados data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Broad money (current LCU). Statizoid updates them automatically from the source API.
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About this data
Broad money is the sum of all liquid financial instruments held by money-holding sectors that are widely accepted in an economy as a medium of exchange, plus those that can be converted into a medium of exchange at short notice at, or close to, their full nominal value. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.