Financial system deposits to GDP in Barbados
Barbados: Financial system deposits to GDP was 111.1% in 2019. ▲ Rising
Financial system deposits to GDP in Barbados, 1966–2019
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
Barbados recorded 111.1% for financial system deposits to gdp in 2019.
The figure is down 0.5% on the previous year and down 4.0% over ten years.
Over the whole period, financial system deposits to gdp in Barbados peaked at 115.8% in 2009 and was at its lowest, 30.5%, in 1975.
Barbados ranks 22nd of 185 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 52 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 48.4% | 40.9% | 54.4% | 4 |
| 1970s | 40.8% | 30.5% | 54.1% | 10 |
| 1980s | 37.7% | 32.7% | 43.2% | 10 |
| 1990s | 51.8% | 45.4% | 57.3% | 10 |
| 2000s | 97.0% | 60.1% | 115.8% | 10 |
| 2010s | 107.3% | 99.0% | 111.7% | 8 |
Countries ranked near Barbados
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 financial system deposits to gdp in Barbados?
- Financial system deposits to gdp in Barbados was 111.1% in 2019, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest financial system deposits to gdp recorded in Barbados?
- The highest recorded value was 115.8% in 2009.
- What is the lowest financial system deposits to gdp recorded in Barbados?
- The lowest recorded value was 30.5% in 1975.
- How does Barbados rank for financial system deposits to gdp?
- Barbados ranks 22nd out of 185 countries with data for 2019.
- Is financial system deposits to gdp rising or falling in Barbados?
- Over the last ten years it is down 4.0%. The long-run trend across the full record is rising.
- Where does this Barbados data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Financial system deposits to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Demand, time and saving deposits in deposit money banks and other financial institutions as a share of GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is demand and time and saving deposits, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF’s International Financial Statistics. Financial system deposits (IFS lines 24, 25, 44, and 45); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF).