Discount Rate, Percent per annum in Barbados
Barbados: Discount Rate, Percent per annum was 2 in 2022. ▼ Falling
Discount Rate, Percent per annum in Barbados, 1977–2022
Source: International Monetary Fund.
Analysis
In 2022, discount rate, percent per annum in Barbados stood at 2. That is the lowest value across all 46 years on record.
Compared with earlier readings it is down 71.4% over ten years.
Over the whole period, discount rate, percent per annum in Barbados peaked at 22 in 1981 and was at its lowest, 2, in 2020.
That places Barbados 64th out of 70 countries with data for 2022, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 46 years of available data.
Discount Rate, Percent per annum in Barbados, year by year
| Year | Value | Change |
|---|---|---|
| 1977 | 6 | — |
| 1978 | 6 | +0.0% |
| 1979 | 6 | +0.0% |
| 1980 | 7 | +16.7% |
| 1981 | 22 | +214.3% |
| 1982 | 20 | -9.1% |
| 1983 | 16 | -20.0% |
| 1984 | 16 | +0.0% |
| 1985 | 13 | -18.8% |
| 1986 | 8 | -38.5% |
| 1987 | 8 | +0.0% |
| 1988 | 8 | +0.0% |
| 1989 | 13.5 | +68.8% |
| 1990 | 13.5 | +0.0% |
| 1991 | 18 | +33.3% |
| 1992 | 12 | -33.3% |
| 1993 | 8 | -33.3% |
| 1994 | 9.5 | +18.8% |
| 1995 | 12.5 | +31.6% |
| 1996 | 12.5 | +0.0% |
| 1997 | 9 | -28.0% |
| 1998 | 9 | +0.0% |
| 1999 | 10 | +11.1% |
| 2000 | 10 | +0.0% |
| 2001 | 7.5 | -25.0% |
| 2002 | 7.5 | +0.0% |
| 2003 | 7.5 | +0.0% |
| 2004 | 7.5 | +0.0% |
| 2005 | 10 | +33.3% |
| 2006 | 12 | +20.0% |
| 2007 | 12 | +0.0% |
| 2008 | 10 | -16.7% |
| 2009 | 7 | -30.0% |
| 2010 | 7 | +0.0% |
| 2011 | 7 | +0.0% |
| 2012 | 7 | +0.0% |
| 2013 | 7 | +0.0% |
| 2014 | 7 | +0.0% |
| 2015 | 7 | +0.0% |
| 2016 | 7 | +0.0% |
| 2017 | 7 | +0.0% |
| 2018 | 7 | +0.0% |
| 2019 | 7 | +0.0% |
| 2020 | 2 | -71.4% |
| 2021 | 2 | +0.0% |
| 2022 | 2 | +0.0% |
Barbados compared with similar countries
- Barbados's 2 is below the median for high income countries, which is 3.35, 60% of the median. (15 countries reporting)
- Barbados's 2 is below the median for Latin America & Caribbean, which is 6.75, 30% of the median. (18 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 6 | 6 | 6 | 3 |
| 1980s | 13.15 | 7 | 22 | 10 |
| 1990s | 11.4 | 8 | 18 | 10 |
| 2000s | 9.1 | 7 | 12 | 10 |
| 2010s | 7 | 7 | 7 | 10 |
| 2020s | 2 | 2 | 2 | 3 |
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 discount rate, percent per annum in Barbados?
- Discount rate, percent per annum in Barbados was 2 in 2022, according to International Monetary Fund.
- What is the highest discount rate, percent per annum recorded in Barbados?
- The highest recorded value was 22 in 1981.
- What is the lowest discount rate, percent per annum recorded in Barbados?
- The lowest recorded value was 2 in 2020.
- How does Barbados rank for discount rate, percent per annum?
- Barbados ranks 64th out of 70 countries with data for 2022.
- Is discount rate, percent per annum rising or falling in Barbados?
- Over the last ten years it is down 71.4%. 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 Discount Rate, Percent per annum. Statizoid updates them automatically from the source API.
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About this data
The Monetary and Financial Statistics (MFS), Interest Rates dataset presents country-specific interest rate data across sectors and instruments, based on nationally defined methodologies.