Currency in circulation outside of depository corporations in Barbados
Barbados: Currency in circulation outside of depository corporations was 381.83 million Domestic currency in 2023. ▼ Falling
Currency in circulation outside of depository corporations in Barbados, 2001–2023
Source: International Monetary Fund. Measured in Domestic currency.
Analysis
Barbados recorded 381.83 million Domestic currency for currency in circulation outside of depository corporations in 2023.
The figure is up 13.0% on the previous year and down 6.4% over ten years.
Over the whole period, currency in circulation outside of depository corporations in Barbados peaked at 493.99 million Domestic currency in 2009 and was at its lowest, 242.92 million Domestic currency, in 2020.
Barbados ranks 133rd of 145 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 21 years of available data.
Currency in circulation outside of depository corporations in Barbados, year by year
| Year | Domestic currency | Change |
|---|---|---|
| 2001 | 312.07 million Domestic currency | — |
| 2002 | 336.73 million Domestic currency | +7.9% |
| 2003 | 328.98 million Domestic currency | -2.3% |
| 2004 | 399.06 million Domestic currency | +21.3% |
| 2005 | 449.06 million Domestic currency | +12.5% |
| 2006 | 465.81 million Domestic currency | +3.7% |
| 2007 | 492.58 million Domestic currency | +5.7% |
| 2008 | 481.03 million Domestic currency | -2.3% |
| 2009 | 493.99 million Domestic currency | +2.7% |
| 2012 | 440.36 million Domestic currency | -10.9% |
| 2013 | 407.89 million Domestic currency | -7.4% |
| 2014 | 430.51 million Domestic currency | +5.5% |
| 2015 | 448.40 million Domestic currency | +4.2% |
| 2016 | 477.80 million Domestic currency | +6.6% |
| 2017 | 472.12 million Domestic currency | -1.2% |
| 2018 | 383.56 million Domestic currency | -18.8% |
| 2019 | 290.58 million Domestic currency | -24.2% |
| 2020 | 242.92 million Domestic currency | -16.4% |
| 2021 | 280.43 million Domestic currency | +15.4% |
| 2022 | 337.93 million Domestic currency | +20.5% |
| 2023 | 381.83 million Domestic currency | +13.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 417.70 million Domestic currency | 312.07 million Domestic currency | 493.99 million Domestic currency | 9 |
| 2010s | 418.90 million Domestic currency | 290.58 million Domestic currency | 477.80 million Domestic currency | 8 |
| 2020s | 310.78 million Domestic currency | 242.92 million Domestic currency | 381.83 million Domestic currency | 4 |
Countries ranked near Barbados
- 130 Eswatini 771.17 million Domestic currency compare
- 131 Belize 666.97 million Domestic currency compare
- 132 Bahamas 428.38 million Domestic currency compare
- 134 Antigua and Barbuda 323.92 million Domestic currency compare
- 135 Saint Vincent and the Grenadines 279.52 million Domestic currency compare
- 136 Grenada 260.39 million 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 currency in circulation outside of depository corporations in Barbados?
- Currency in circulation outside of depository corporations in Barbados was 381.83 million Domestic currency in 2023, according to International Monetary Fund.
- What is the highest currency in circulation outside of depository corporations recorded in Barbados?
- The highest recorded value was 493.99 million Domestic currency in 2009.
- What is the lowest currency in circulation outside of depository corporations recorded in Barbados?
- The lowest recorded value was 242.92 million Domestic currency in 2020.
- How does Barbados rank for currency in circulation outside of depository corporations?
- Barbados ranks 133rd out of 145 countries with data for 2023.
- Is currency in circulation outside of depository corporations rising or falling in Barbados?
- Over the last ten years it is down 6.4%. The long-run trend across the full record is falling.
- Where does this Barbados data come from?
- The figures come from International Monetary Fund, published as part of Currency in circulation outside of depository corporations (Domestic currency). Statizoid updates them automatically from the source API.
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About this data
The Monetary and Financial Statistics (MFS), Monetary Aggregates dataset presents monetary aggregates based on standardized SRF data, while also reflecting country-specific components aligned with national definitions.