Loans from nonresident banks (amounts outstanding) to GDP in Barbados
Barbados: Loans from nonresident banks (amounts outstanding) to GDP was 12.5% in 2021. ◆ Volatile
Loans from nonresident banks (amounts outstanding) to GDP in Barbados, 1985–2021
Source: Bank for International Settlements (BIS). Measured in %.
Analysis
Barbados recorded 12.5% for loans from nonresident banks (amounts outstanding) to gdp in 2021.
Compared with earlier readings it is up 10.0% on the previous year and down 56.1% over ten years.
Over the whole period, loans from nonresident banks (amounts outstanding) to gdp in Barbados peaked at 35.0% in 2009 and was at its lowest, 1.1%, in 1998.
That places Barbados 94th out of 136 countries with data for 2021, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Loans from nonresident banks (amounts outstanding) to GDP in Barbados, year by year
| Year | % | Change |
|---|---|---|
| 1985 | 1.8% | — |
| 1986 | 3.7% | +111.3% |
| 1987 | 4.5% | +20.6% |
| 1988 | 6.3% | +39.2% |
| 1989 | 5.0% | -20.7% |
| 1990 | 3.4% | -31.2% |
| 1991 | 2.0% | -42.3% |
| 1992 | 2.0% | +3.2% |
| 1993 | 2.2% | +6.7% |
| 1994 | 4.4% | +100.3% |
| 1995 | 9.7% | +123.0% |
| 1996 | 9.4% | -3.6% |
| 1997 | 2.7% | -71.0% |
| 1998 | 1.1% | -60.9% |
| 2000 | 3.3% | +206.9% |
| 2001 | 8.2% | +150.4% |
| 2002 | 8.0% | -1.7% |
| 2003 | 7.8% | -3.2% |
| 2004 | 7.3% | -6.8% |
| 2005 | 15.1% | +107.4% |
| 2006 | 18.7% | +24.4% |
| 2007 | 16.9% | -9.8% |
| 2008 | 23.2% | +37.5% |
| 2009 | 35.0% | +50.5% |
| 2010 | 32.9% | -5.9% |
| 2011 | 28.6% | -13.2% |
| 2012 | 28.8% | +1.0% |
| 2013 | 28.4% | -1.4% |
| 2014 | 14.7% | -48.3% |
| 2015 | 21.4% | +45.5% |
| 2016 | 17.8% | -16.8% |
| 2017 | 17.3% | -3.0% |
| 2018 | 16.9% | -2.3% |
| 2019 | 10.1% | -40.2% |
| 2020 | 11.4% | +13.1% |
| 2021 | 12.5% | +10.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 4.3% | 1.8% | 6.3% | 5 |
| 1990s | 4.1% | 1.1% | 9.7% | 9 |
| 2000s | 14.3% | 3.3% | 35.0% | 10 |
| 2010s | 21.7% | 10.1% | 32.9% | 10 |
| 2020s | 12.0% | 11.4% | 12.5% | 2 |
Countries ranked near Barbados
- 91 Korea 13.7% compare
- 92 Grenada 12.8% compare
- 93 Seychelles 12.8% compare
- 95 Costa Rica 11.7% compare
- 96 Angola 11.0% compare
- 97 Venezuela, Bolivarian Republic of 10.8% compare
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 loans from nonresident banks (amounts outstanding) to gdp in Barbados?
- Loans from nonresident banks (amounts outstanding) to gdp in Barbados was 12.5% in 2021, according to Bank for International Settlements (BIS).
- What is the highest loans from nonresident banks (amounts outstanding) to gdp recorded in Barbados?
- The highest recorded value was 35.0% in 2009.
- What is the lowest loans from nonresident banks (amounts outstanding) to gdp recorded in Barbados?
- The lowest recorded value was 1.1% in 1998.
- How does Barbados rank for loans from nonresident banks (amounts outstanding) to gdp?
- Barbados ranks 94th out of 136 countries with data for 2021.
- Is loans from nonresident banks (amounts outstanding) to gdp rising or falling in Barbados?
- Over the last ten years it is down 56.1%. The long-run trend across the full record is volatile.
- Where does this Barbados data come from?
- The figures come from Bank for International Settlements (BIS), published as part of Loans from nonresident banks (amounts outstanding) to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Ratio of outstanding offshore bank loans to GDP. An offshore bank is a bank located outside the country of residence of the depositor, typically in a low tax jurisdiction (or tax haven) that provides financial and legal advantages. Offshore bank loan data from BIS Statistical Appendix Table 7A: External loans and deposits of reporting banks vis-à-vis all sectors.