Claims on other sectors of the domestic economy in Barbados
Barbados: Claims on other sectors of the domestic economy was 1.5% in 2023. ◆ Volatile
Claims on other sectors of the domestic economy in Barbados, 2002–2023
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in annual growth as % of broad money.
Analysis
The most recent figure for claims on other sectors of the domestic economy in Barbados is 1.5%, measured in 2023.
That represents a change of down 39.7% on the previous year and up 127.0% over ten years.
Over the whole period, claims on other sectors of the domestic economy in Barbados peaked at 14.8% in 2005 and was at its lowest, -5.6%, in 2013.
That places Barbados 129th out of 151 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.
Claims on other sectors of the domestic economy in Barbados, year by year
| Year | annual growth as % of broad money | Change |
|---|---|---|
| 2002 | 4.4% | — |
| 2003 | 4.7% | +6.9% |
| 2004 | 12.0% | +158.4% |
| 2005 | 14.8% | +22.8% |
| 2006 | 8.8% | -40.5% |
| 2007 | 5.7% | -35.1% |
| 2008 | 6.4% | +12.2% |
| 2009 | 2.1% | -67.2% |
| 2013 | -5.6% | -365.3% |
| 2014 | -1.6% | -70.6% |
| 2015 | -0.8% | -50.1% |
| 2016 | 0.5% | -161.6% |
| 2017 | 1.9% | +276.6% |
| 2018 | -0.5% | -128.3% |
| 2019 | -1.2% | +117.5% |
| 2020 | -0.6% | -49.4% |
| 2021 | -0.1% | -82.5% |
| 2022 | 2.5% | -2508.1% |
| 2023 | 1.5% | -39.7% |
Barbados compared with similar countries
- Barbados's 1.5% is below the median for high income countries, which is 3.8%, 39% of the median. (35 countries reporting)
- Barbados's 1.5% is below the median for Latin America & Caribbean, which is 5.0%, 30% of the median. (32 countries reporting)
Biggest year-on-year movements
Years where Claims on other sectors of the domestic economy 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 |
|---|---|---|---|
| 2022 | +2508.1% | -0.1% | 2.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 7.3% | 2.1% | 14.8% | 8 |
| 2010s | -1.0% | -5.6% | 1.9% | 7 |
| 2020s | 0.8% | -0.6% | 2.5% | 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 claims on other sectors of the domestic economy in Barbados?
- Claims on other sectors of the domestic economy in Barbados was 1.5% in 2023, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest claims on other sectors of the domestic economy recorded in Barbados?
- The highest recorded value was 14.8% in 2005.
- What is the lowest claims on other sectors of the domestic economy recorded in Barbados?
- The lowest recorded value was -5.6% in 2013.
- How does Barbados rank for claims on other sectors of the domestic economy?
- Barbados ranks 129th out of 151 countries with data for 2023.
- Is claims on other sectors of the domestic economy rising or falling in Barbados?
- Over the last ten years it is up 127.0%. 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 Claims on other sectors of the domestic economy (annual growth as % of broad money). Statizoid updates them automatically from the source API.
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About this data
Claims on other sectors of the domestic economy include gross credit from the financial system to households, nonprofit institutions serving households, nonfinancial corporations, state and local governments, and social security funds. 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 represents the annual percentage growth in the ratio of claims to broad money.