Broad Money (Domestic currency) in Barbados
Barbados: Broad Money (Domestic currency) was 14.09 billion Domestic currency in 2023. ▲ Rising
Latest (2023)
14.09 billion Domestic currency
Change on year
up 0.9%
World rank
129th
of 144 countries
All-time high
14.09 billion Domestic currency
in 2023
All-time low
5.36 billion Domestic currency
in 2001
Years of data
21
2001–2023
Broad Money in Barbados, 2001–2023
Source: International Monetary Fund. Measured in Domestic currency.
Analysis
Barbados recorded 14.09 billion Domestic currency for broad money in 2023. That is the highest value across all 21 years on record.
That represents a change of 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 Domestic currency in 2023 and was at its lowest, 5.36 billion Domestic currency, in 2001.
That places Barbados 129th out of 144 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 21 years of available data.
Broad Money (Domestic currency) in Barbados, year by year
| Year | Domestic currency | Change |
|---|---|---|
| 2001 | 5.36 billion Domestic currency | — |
| 2002 | 6.18 billion Domestic currency | +15.4% |
| 2003 | 6.47 billion Domestic currency | +4.6% |
| 2004 | 7.23 billion Domestic currency | +11.7% |
| 2005 | 8.45 billion Domestic currency | +16.9% |
| 2006 | 8.90 billion Domestic currency | +5.3% |
| 2007 | 10.76 billion Domestic currency | +20.9% |
| 2008 | 10.89 billion Domestic currency | +1.2% |
| 2009 | 10.95 billion Domestic currency | +0.6% |
| 2012 | 9.47 billion Domestic currency | -13.5% |
| 2013 | 9.82 billion Domestic currency | +3.8% |
| 2014 | 10.13 billion Domestic currency | +3.2% |
| 2015 | 10.75 billion Domestic currency | +6.1% |
| 2016 | 11.20 billion Domestic currency | +4.2% |
| 2017 | 11.34 billion Domestic currency | +1.2% |
| 2018 | 11.32 billion Domestic currency | -0.1% |
| 2019 | 11.66 billion Domestic currency | +3.0% |
| 2020 | 12.50 billion Domestic currency | +7.3% |
| 2021 | 13.25 billion Domestic currency | +6.0% |
| 2022 | 13.96 billion Domestic currency | +5.3% |
| 2023 | 14.09 billion Domestic currency | +0.9% |
Barbados compared with similar countries
- Barbados's 14.09 billion Domestic currency is below the median for high income countries, which is 1.83 trillion Domestic currency, 1% of the median. (33 countries reporting)
- Barbados's 14.09 billion Domestic currency is below the median for Latin America & Caribbean, which is 581.36 billion Domestic currency, 2% of the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 8.35 billion Domestic currency | 5.36 billion Domestic currency | 10.95 billion Domestic currency | 9 |
| 2010s | 10.71 billion Domestic currency | 9.47 billion Domestic currency | 11.66 billion Domestic currency | 8 |
| 2020s | 13.45 billion Domestic currency | 12.50 billion Domestic currency | 14.09 billion Domestic currency | 4 |
Countries ranked near Barbados
- 126 Brunei 17.15 billion Domestic currency compare
- 127 Oman 16.07 billion Domestic currency compare
- 128 Lesotho 14.28 billion Domestic currency compare
- 130 Fiji 11.14 billion Domestic currency compare
- 131 Bahamas 9.56 billion Domestic currency compare
- 132 Solomon Islands 6.41 billion Domestic currency compare
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 Domestic currency in 2023, according to International Monetary Fund.
- What is the highest broad money recorded in Barbados?
- The highest recorded value was 14.09 billion Domestic currency in 2023.
- What is the lowest broad money recorded in Barbados?
- The lowest recorded value was 5.36 billion Domestic currency in 2001.
- How does Barbados rank for broad money?
- Barbados ranks 129th out of 144 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 rising.
- Where does this Barbados data come from?
- The figures come from International Monetary Fund, published as part of Broad Money (Domestic currency). Statizoid updates them automatically from the source API.
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About this data
Monetary and Financial Statistics (MFS), Monetary Aggregates 2026 April