Broad money to total reserves ratio (International Financial) in Barbados
Barbados: Broad money to total reserves ratio (International Financial) was 4.39 in 2023. ▲ Rising
Broad money to total reserves ratio in Barbados, 1966–2023
Source: International Financial Statistics database, International Monetary Fund (IMF).
Analysis
The most recent figure for broad money to total reserves ratio in Barbados is 4.39, measured in 2023.
The figure is down 4.5% on the previous year and down 39.2% over ten years.
Over the whole period, broad money to total reserves ratio in Barbados peaked at 21.32 in 2017 and was at its lowest, 3.68, in 1974.
That places Barbados 46th out of 159 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 56 years of available data.
Broad money to total reserves ratio (International Financial) in Barbados, year by year
| Year | Value | Change |
|---|---|---|
| 1966 | 4.33 | — |
| 1967 | 6.69 | +54.4% |
| 1968 | 4.58 | -31.4% |
| 1969 | 6.13 | +33.7% |
| 1970 | 5.32 | -13.2% |
| 1971 | 5.61 | +5.4% |
| 1972 | 4.47 | -20.4% |
| 1973 | 3.88 | -13.1% |
| 1974 | 3.68 | -5.2% |
| 1975 | 4.33 | +17.7% |
| 1976 | 6.97 | +61.0% |
| 1977 | 5.78 | -17.0% |
| 1978 | 4.43 | -23.4% |
| 1979 | 5.07 | +14.5% |
| 1980 | 4.75 | -6.3% |
| 1981 | 4.26 | -10.3% |
| 1982 | 3.84 | -10.0% |
| 1983 | 4.22 | +10.1% |
| 1984 | 4.24 | +0.4% |
| 1985 | 4.39 | +3.5% |
| 1986 | 4.35 | -0.8% |
| 1987 | 5.34 | +22.7% |
| 1988 | 6.38 | +19.3% |
| 1989 | 8.07 | +26.6% |
| 1990 | 8.72 | +8.1% |
| 1991 | 11.67 | +33.7% |
| 1992 | 7.7 | -34.0% |
| 1993 | 7.38 | -4.2% |
| 1994 | 6.1 | -17.3% |
| 1995 | 5.71 | -6.4% |
| 1996 | 5.09 | -10.8% |
| 1997 | 5.91 | +16.1% |
| 1998 | 4.62 | -21.9% |
| 1999 | 6 | +29.8% |
| 2000 | 4.22 | -29.6% |
| 2001 | 3.88 | -8.1% |
| 2002 | 4.62 | +19.1% |
| 2003 | 4.38 | -5.2% |
| 2004 | 6.23 | +42.2% |
| 2005 | 7 | +12.3% |
| 2006 | 7 | -0.1% |
| 2007 | 6.41 | -8.4% |
| 2008 | 7.37 | +15.0% |
| 2009 | 6.28 | -14.7% |
| 2012 | 5.64 | -10.3% |
| 2013 | 7.21 | +28.0% |
| 2014 | 8.01 | +11.1% |
| 2015 | 9.71 | +21.2% |
| 2016 | 12.97 | +33.5% |
| 2017 | 21.32 | +64.4% |
| 2018 | 10.6 | -50.3% |
| 2019 | 7.55 | -28.8% |
| 2020 | 4.6 | -39.0% |
| 2021 | 3.96 | -14.0% |
| 2022 | 4.59 | +16.0% |
| 2023 | 4.39 | -4.5% |
Barbados compared with similar countries
- Barbados's 4.39 is above the median for high income countries, which is 3.49, 1.3× the median. (41 countries reporting)
- Barbados's 4.39 is above the median for Latin America & Caribbean, which is 3.56, 1.2× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 5.43 | 4.33 | 6.69 | 4 |
| 1970s | 4.95 | 3.68 | 6.97 | 10 |
| 1980s | 4.98 | 3.84 | 8.07 | 10 |
| 1990s | 6.89 | 4.62 | 11.67 | 10 |
| 2000s | 5.74 | 3.88 | 7.37 | 10 |
| 2010s | 10.38 | 5.64 | 21.32 | 8 |
| 2020s | 4.39 | 3.96 | 4.6 | 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 to total reserves ratio in Barbados?
- Broad money to total reserves ratio in Barbados was 4.39 in 2023, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest broad money to total reserves ratio recorded in Barbados?
- The highest recorded value was 21.32 in 2017.
- What is the lowest broad money to total reserves ratio recorded in Barbados?
- The lowest recorded value was 3.68 in 1974.
- How does Barbados rank for broad money to total reserves ratio?
- Barbados ranks 46th out of 159 countries with data for 2023.
- Is broad money to total reserves ratio rising or falling in Barbados?
- Over the last ten years it is down 39.2%. The long-run trend across the full record is rising.
- 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 to total reserves ratio. 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. Reserve assets are external assets, including monetary gold, that are readily available to and controlled by monetary authorities for meeting balance of payments financing needs, for intervention in exchange markets to affect the currency exchange rate, and for other related purposes (such as maintaining confidence in the currency and the economy, and serving as a basis for foreign borrowing). Reserve assets must be denominated and settled in foreign currency. This indicator is expressed as a ratio (a÷b).