Household Sector Loan Accounts with Commercial Banks per 1,000 Adults in Barbados
Barbados: Household Sector Loan Accounts with Commercial Banks per 1,000 Adults was 517.53 in 2024. ▼ Falling
Household Sector Loan Accounts with Commercial Banks per 1,000 Adults in Barbados, 2012–2024
Source: International Monetary Fund.
Analysis
In 2024, household sector loan accounts with commercial banks per 1,000 adults in Barbados stood at 517.53. That is the lowest value across all 13 years on record.
The figure is down 1.0% on the previous year and down 26.7% over ten years.
Over the whole period, household sector loan accounts with commercial banks per 1,000 adults in Barbados peaked at 799.16 in 2015 and was at its lowest, 517.53, in 2024.
Barbados ranks 31st of 98 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 13 years of available data.
Household Sector Loan Accounts with Commercial Banks per 1,000 Adults in Barbados, year by year
| Year | Value | Change |
|---|---|---|
| 2012 | 682.21 | — |
| 2013 | 659.72 | -3.3% |
| 2014 | 706.03 | +7.0% |
| 2015 | 799.16 | +13.2% |
| 2016 | 676.94 | -15.3% |
| 2017 | 649.02 | -4.1% |
| 2018 | 602.3 | -7.2% |
| 2019 | 639.78 | +6.2% |
| 2020 | 626.83 | -2.0% |
| 2021 | 592.33 | -5.5% |
| 2022 | 526.2 | -11.2% |
| 2023 | 522.75 | -0.7% |
| 2024 | 517.53 | -1.0% |
Barbados compared with similar countries
- Barbados's 517.53 is below the median for high income countries, which is 526.11, 98% of the median. (29 countries reporting)
- Barbados's 517.53 is above the median for Latin America & Caribbean, which is 340.05, 1.5× the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 676.89 | 602.3 | 799.16 | 8 |
| 2020s | 557.13 | 517.53 | 626.83 | 5 |
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 household sector loan accounts with commercial banks per 1,000 adults in Barbados?
- Household sector loan accounts with commercial banks per 1,000 adults in Barbados was 517.53 in 2024, according to International Monetary Fund.
- What is the highest household sector loan accounts with commercial banks per 1,000 adults recorded in Barbados?
- The highest recorded value was 799.16 in 2015.
- What is the lowest household sector loan accounts with commercial banks per 1,000 adults recorded in Barbados?
- The lowest recorded value was 517.53 in 2024.
- How does Barbados rank for household sector loan accounts with commercial banks per 1,000 adults?
- Barbados ranks 31st out of 98 countries with data for 2024.
- Is household sector loan accounts with commercial banks per 1,000 adults rising or falling in Barbados?
- Over the last ten years it is down 26.7%. 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 Household Sector Loan Accounts with Commercial Banks per 1,000 Adults. Statizoid updates them automatically from the source API.
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About this data
Gender-disaggregated data on access to and use of financial services.