Current account balance (credit less debit), Net (credits less) in Barbados
Barbados: Current account balance (credit less debit), Net (credits less) 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) 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% |
Barbados compared with similar countries
- Barbados's -296.40 million is below the median for high income countries, which is 547.38 million. (72 countries reporting)
- Barbados's -296.40 million is below the median for Latin America & Caribbean, which is -169.22 million, 1.8× the median. (37 countries reporting)
Biggest year-on-year movements
Years where Current account balance (credit less debit), Net (credits less) 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 |
|---|---|---|---|
| 2016 | -358.2% | -98.73 million | -452.39 million |
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 Syria -367.39 million 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 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.