Broad money growth (annual %) in Barbados
Barbados: Broad money growth (annual %) was 0.9% in 2023. ◆ Volatile
Broad money growth in Barbados, 1967–2023
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in annual %.
Analysis
In 2023, broad money growth in Barbados stood at 0.9%.
Compared with earlier readings it is down 82.5% on the previous year and down 75.1% over ten years.
Over the whole period, broad money growth in Barbados peaked at 34.2% in 2001 and was at its lowest, -0.7%, in 1991.
That places Barbados 156th 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 growth (annual %) in Barbados, year by year
| Year | annual % | Change |
|---|---|---|
| 1967 | 19.6% | — |
| 1968 | 32.4% | +65.4% |
| 1969 | 7.4% | -77.0% |
| 1970 | 15.4% | +107.2% |
| 1971 | 18.4% | +18.9% |
| 1972 | 15.0% | -18.4% |
| 1973 | 2.4% | -83.7% |
| 1974 | 20.1% | +723.3% |
| 1975 | 17.0% | -15.4% |
| 1976 | 12.9% | -24.2% |
| 1977 | 10.0% | -22.6% |
| 1978 | 24.1% | +140.9% |
| 1979 | 26.5% | +10.3% |
| 1980 | 14.1% | -46.8% |
| 1981 | 14.6% | +3.5% |
| 1982 | 8.8% | -40.1% |
| 1983 | 11.2% | +28.2% |
| 1984 | 7.4% | -33.9% |
| 1985 | 9.1% | +23.0% |
| 1986 | 7.8% | -14.1% |
| 1987 | 18.0% | +129.7% |
| 1988 | 11.1% | -38.4% |
| 1989 | 2.7% | -75.9% |
| 1990 | 13.6% | +405.8% |
| 1991 | -0.7% | -105.4% |
| 1992 | 5.3% | -825.7% |
| 1993 | 3.6% | -32.7% |
| 1994 | 7.6% | +110.8% |
| 1995 | 4.8% | -37.1% |
| 1996 | 17.9% | +277.4% |
| 1997 | 6.1% | -65.7% |
| 1998 | 7.9% | +29.1% |
| 1999 | 7.1% | -10.1% |
| 2000 | 9.6% | +34.6% |
| 2001 | 34.2% | +256.6% |
| 2002 | 15.4% | -55.1% |
| 2003 | 4.6% | -70.0% |
| 2004 | 11.7% | +154.1% |
| 2005 | 16.9% | +44.0% |
| 2006 | 5.3% | -68.3% |
| 2007 | 20.9% | +291.2% |
| 2008 | 1.2% | -94.5% |
| 2009 | 0.6% | -50.3% |
| 2013 | 3.8% | +555.9% |
| 2014 | 3.2% | -15.7% |
| 2015 | 6.1% | +93.2% |
| 2016 | 4.2% | -32.2% |
| 2017 | 1.2% | -70.7% |
| 2018 | -0.1% | -110.6% |
| 2019 | 3.0% | -2402.8% |
| 2020 | 7.3% | +144.9% |
| 2021 | 6.0% | -17.7% |
| 2022 | 5.3% | -10.5% |
| 2023 | 0.9% | -82.5% |
Barbados compared with similar countries
- Barbados's 0.9% is below the median for high income countries, which is 5.9%, 16% of the median. (41 countries reporting)
- Barbados's 0.9% is below the median for Latin America & Caribbean, which is 10.2%, 9% of the median. (33 countries reporting)
Biggest year-on-year movements
Years where Broad money growth (annual %) in Barbados changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2019 | +2402.8% | -0.1% | 3.0% |
| 1992 | +825.7% | -0.7% | 5.3% |
| 1974 | +723.3% | 2.4% | 20.1% |
| 2013 | +555.9% | 0.6% | 3.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 19.8% | 7.4% | 32.4% | 3 |
| 1970s | 16.2% | 2.4% | 26.5% | 10 |
| 1980s | 10.5% | 2.7% | 18.0% | 10 |
| 1990s | 7.3% | -0.7% | 17.9% | 10 |
| 2000s | 12.0% | 0.6% | 34.2% | 10 |
| 2010s | 3.0% | -0.1% | 6.1% | 7 |
| 2020s | 4.9% | 0.9% | 7.3% | 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 growth in Barbados?
- Broad money growth in Barbados was 0.9% in 2023, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest broad money growth recorded in Barbados?
- The highest recorded value was 34.2% in 2001.
- What is the lowest broad money growth recorded in Barbados?
- The lowest recorded value was -0.7% in 1991.
- How does Barbados rank for broad money growth?
- Barbados ranks 156th out of 167 countries with data for 2023.
- Is broad money growth rising or falling in Barbados?
- Over the last ten years it is down 75.1%. 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 growth (annual %). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.