Lending Rate, Percent per annum in Barbados
Barbados: Lending Rate, Percent per annum was 8.05 in 2022. ▼ Falling
Lending Rate, Percent per annum in Barbados, 1981–2022
Source: International Monetary Fund.
Analysis
In 2022, lending rate, percent per annum in Barbados stood at 8.05. That is the lowest value across all 42 years on record.
Compared with earlier readings it is down 7.5% over ten years.
Over the whole period, lending rate, percent per annum in Barbados peaked at 13.54 in 1992 and was at its lowest, 8.05, in 2016.
Barbados ranks 84th of 144 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 42 years of available data.
Lending Rate, Percent per annum in Barbados, year by year
| Year | Value | Change |
|---|---|---|
| 1981 | 11.46 | — |
| 1982 | 13.38 | +16.7% |
| 1983 | 11.79 | -11.8% |
| 1984 | 11.5 | -2.5% |
| 1985 | 10.56 | -8.2% |
| 1986 | 9.06 | -14.2% |
| 1987 | 8.75 | -3.4% |
| 1988 | 9.44 | +7.9% |
| 1989 | 9.92 | +5.1% |
| 1990 | 11.42 | +15.1% |
| 1991 | 12.42 | +8.8% |
| 1992 | 13.54 | +9.1% |
| 1993 | 8.92 | -34.2% |
| 1994 | 9.08 | +1.9% |
| 1995 | 10 | +10.1% |
| 1996 | 10 | +0.0% |
| 1997 | 9.83 | -1.7% |
| 1998 | 9.75 | -0.8% |
| 1999 | 9.4 | -3.6% |
| 2000 | 10.19 | +8.4% |
| 2001 | 9.58 | -5.9% |
| 2002 | 8.5 | -11.3% |
| 2003 | 8.5 | +0.0% |
| 2004 | 8.33 | -2.0% |
| 2005 | 9.17 | +10.0% |
| 2006 | 10.29 | +12.3% |
| 2007 | 10.76 | +4.5% |
| 2008 | 10.03 | -6.7% |
| 2009 | 9.2 | -8.3% |
| 2010 | 8.7 | -5.5% |
| 2011 | 8.7 | +0.0% |
| 2012 | 8.7 | +0.0% |
| 2013 | 8.7 | +0.0% |
| 2014 | 8.38 | -3.6% |
| 2015 | 8.06 | -3.9% |
| 2016 | 8.05 | -0.1% |
| 2017 | 8.05 | +0.0% |
| 2018 | 8.05 | +0.0% |
| 2019 | 8.05 | +0.0% |
| 2020 | 8.05 | +0.0% |
| 2021 | 8.05 | +0.0% |
| 2022 | 8.05 | +0.0% |
Barbados compared with similar countries
- Barbados's 8.05 is above the median for high income countries, which is 5.18, 1.6× the median. (37 countries reporting)
- Barbados's 8.05 is below the median for Latin America & Caribbean, which is 9.16, 88% of the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 10.65 | 8.75 | 13.38 | 9 |
| 1990s | 10.44 | 8.92 | 13.54 | 10 |
| 2000s | 9.46 | 8.33 | 10.76 | 10 |
| 2010s | 8.34 | 8.05 | 8.7 | 10 |
| 2020s | 8.05 | 8.05 | 8.05 | 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 lending rate, percent per annum in Barbados?
- Lending rate, percent per annum in Barbados was 8.05 in 2022, according to International Monetary Fund.
- What is the highest lending rate, percent per annum recorded in Barbados?
- The highest recorded value was 13.54 in 1992.
- What is the lowest lending rate, percent per annum recorded in Barbados?
- The lowest recorded value was 8.05 in 2016.
- How does Barbados rank for lending rate, percent per annum?
- Barbados ranks 84th out of 144 countries with data for 2022.
- Is lending rate, percent per annum rising or falling in Barbados?
- Over the last ten years it is down 7.5%. 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 Lending Rate, Percent per annum. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 42 observations, free to reuse under IMF Terms and Conditions (attribution required).
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.