Current account balance (credit less debit), Net (credits less debits) in Barbados
Barbados: Current account balance (credit less debit), Net (credits less debits) was -296.40 million in 2017. ▲ Rising
Current account balance (credit less debit), Net (credits less debits) in Barbados, 2005–2017
Source: International Monetary Fund.
Analysis
The most recent figure for current account balance (credit less debit), net (credits less debits) in Barbados is -296.40 million, measured in 2017.
Compared with earlier readings it is up 34.5% on the previous year and up 14.7% over ten years.
Over the whole period, current account balance (credit less debit), net (credits less debits) in Barbados peaked at -98.73 million in 2015 and was at its lowest, -645.56 million, in 2014.
Barbados ranks 106th of 198 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 13 years of available data.
Current account balance (credit less debit), Net (credits less debits) in Barbados, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -495.74 million | — |
| 2006 | -442.37 million | -10.8% |
| 2007 | -347.37 million | -21.5% |
| 2008 | -431.91 million | +24.3% |
| 2009 | -381.05 million | -11.8% |
| 2010 | -272.35 million | -28.5% |
| 2011 | -173.61 million | -36.3% |
| 2012 | -448.50 million | +158.3% |
| 2013 | -252.49 million | -43.7% |
| 2014 | -645.56 million | +155.7% |
| 2015 | -98.73 million | -84.7% |
| 2016 | -452.39 million | +358.2% |
| 2017 | -296.40 million | -34.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -419.69 million | -495.74 million | -347.37 million | 5 |
| 2010s | -330.00 million | -645.56 million | -98.73 million | 8 |
Countries ranked near Barbados
- 103 Seychelles -175.67 million compare
- 104 Antigua and Barbuda -181.37 million compare
- 105 Grenada -270.77 million compare
- 107 Netherlands Antilles -339.95 million compare
- 108 North Macedonia -356.02 million compare
- 109 Syrian Arab Republic -367.39 million compare
More financial sector data for Barbados
- Net domestic credit (current LCU), per capita 42,954 current LCU per person (2023)
- Net domestic credit (current LCU), per unit of GDP 1.68 current LCU per US$ of GDP (2023)
- Net domestic credit (current LCU), annual growth rate 1.79 % change on previous year (2023)
- Gold reserves at 35 SDRs per ounce 0 SDR (2024)
- Gold reserves at market value 0 SDR (2024)
- Reserves excluding gold, foreign exchange 1.22 billion SDR (2024)
- Reserves excluding gold 1.27 billion SDR (2024)
- Total reserves (gold at market value) 1.27 billion SDR (2024)
- Total reserves (gold at national valuation) 1.27 billion SDR (2024)
- Total reserves (gold at national valuation) (SDR), per capita 4,489 SDR per person (2024)
Frequently asked questions
- What is current account balance (credit less debit), net (credits less debits) in Barbados?
- Current account balance (credit less debit), net (credits less debits) in Barbados was -296.40 million in 2017, according to International Monetary Fund.
- What is the highest current account balance (credit less debit), net (credits less debits) recorded in Barbados?
- The highest recorded value was -98.73 million in 2015.
- What is the lowest current account balance (credit less debit), net (credits less debits) recorded in Barbados?
- The lowest recorded value was -645.56 million in 2014.
- How does Barbados rank for current account balance (credit less debit), net (credits less debits)?
- Barbados ranks 106th out of 198 countries with data for 2017.
- Is current account balance (credit less debit), net (credits less debits) rising or falling in Barbados?
- Over the last ten years it is up 14.7%. 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 Current account balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.