Domestic credit to private sector in Barbados
Barbados: Domestic credit to private sector was 78.3% in 2019. ▲ Rising
Domestic credit to private sector in Barbados, 1974–2019
Source: World Development Indicators (WDI), World Bank. Measured in % of GDP.
Analysis
Barbados recorded 78.3% for domestic credit to private sector in 2019.
That represents a change of down 3.0% on the previous year and down 5.5% over ten years.
Over the whole period, domestic credit to private sector in Barbados peaked at 85.6% in 2012 and was at its lowest, 29.1%, in 1980.
Barbados ranks 49th of 187 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 44 years of available data.
Domestic credit to private sector in Barbados, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1974 | 40.3% | — |
| 1975 | 35.1% | -13.0% |
| 1976 | 37.0% | +5.4% |
| 1977 | 35.5% | -4.1% |
| 1978 | 35.7% | +0.7% |
| 1979 | 36.7% | +2.8% |
| 1980 | 29.1% | -20.7% |
| 1981 | 32.3% | +10.8% |
| 1982 | 33.0% | +2.3% |
| 1983 | 34.6% | +4.9% |
| 1984 | 32.6% | -5.8% |
| 1985 | 32.4% | -0.6% |
| 1986 | 31.8% | -1.7% |
| 1987 | 33.0% | +3.6% |
| 1988 | 34.2% | +3.8% |
| 1989 | 35.8% | +4.4% |
| 1990 | 36.2% | +1.2% |
| 1991 | 37.6% | +3.9% |
| 1992 | 38.5% | +2.4% |
| 1993 | 36.9% | -4.2% |
| 1994 | 39.0% | +5.5% |
| 1995 | 42.5% | +9.1% |
| 1996 | 41.6% | -2.1% |
| 1997 | 44.2% | +6.2% |
| 1998 | 45.4% | +2.7% |
| 1999 | 47.6% | +4.8% |
| 2000 | 47.9% | +0.7% |
| 2001 | 59.2% | +23.7% |
| 2002 | 60.5% | +2.0% |
| 2003 | 62.4% | +3.2% |
| 2004 | 67.3% | +7.8% |
| 2005 | 72.8% | +8.2% |
| 2006 | 73.7% | +1.3% |
| 2007 | 71.3% | -3.2% |
| 2008 | 75.6% | +6.0% |
| 2009 | 82.8% | +9.5% |
| 2012 | 85.6% | +3.4% |
| 2013 | 83.3% | -2.6% |
| 2014 | 82.0% | -1.6% |
| 2015 | 82.8% | +1.0% |
| 2016 | 82.2% | -0.8% |
| 2017 | 82.3% | +0.1% |
| 2018 | 80.7% | -1.9% |
| 2019 | 78.3% | -3.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 36.7% | 35.1% | 40.3% | 6 |
| 1980s | 32.9% | 29.1% | 35.8% | 10 |
| 1990s | 41.0% | 36.2% | 47.6% | 10 |
| 2000s | 67.3% | 47.9% | 82.8% | 10 |
| 2010s | 82.1% | 78.3% | 85.6% | 8 |
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 domestic credit to private sector in Barbados?
- Domestic credit to private sector in Barbados was 78.3% in 2019, according to World Development Indicators (WDI), World Bank.
- What is the highest domestic credit to private sector recorded in Barbados?
- The highest recorded value was 85.6% in 2012.
- What is the lowest domestic credit to private sector recorded in Barbados?
- The lowest recorded value was 29.1% in 1980.
- How does Barbados rank for domestic credit to private sector?
- Barbados ranks 49th out of 187 countries with data for 2019.
- Is domestic credit to private sector rising or falling in Barbados?
- Over the last ten years it is down 5.5%. The long-run trend across the full record is rising.
- Where does this Barbados data come from?
- The figures come from World Development Indicators (WDI), World Bank, published as part of Domestic credit to private sector (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Domestic credit to private sector refers to financial resources provided to the private sector, such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises.