Money in Barbados
Barbados: Money was 3.27 billion in 2008. ◆ Volatile
Money in Barbados, 1966–2008
Source: International Monetary Fund.
Analysis
The most recent figure for money in Barbados is 3.27 billion, measured in 2008. That is the highest value across all 43 years on record.
Compared with earlier readings it is up 12.6% on the previous year and up 285.7% over ten years.
Over the whole period, money in Barbados peaked at 3.27 billion in 2008 and was at its lowest, 38.90 million, in 1966.
Barbados ranks 141st of 162 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Money in Barbados, year by year
| Year | Value | Change |
|---|---|---|
| 1966 | 38.90 million | — |
| 1967 | 42.10 million | +8.2% |
| 1968 | 51.90 million | +23.3% |
| 1969 | 56.80 million | +9.4% |
| 1970 | 55.70 million | -1.9% |
| 1971 | 62.50 million | +12.2% |
| 1972 | 67.80 million | +8.5% |
| 1973 | 77.46 million | +14.2% |
| 1974 | 91.16 million | +17.7% |
| 1975 | 108.29 million | +18.8% |
| 1976 | 117.62 million | +8.6% |
| 1977 | 138.17 million | +17.5% |
| 1978 | 165.17 million | +19.5% |
| 1979 | 233.50 million | +41.4% |
| 1980 | 252.94 million | +8.3% |
| 1981 | 264.49 million | +4.6% |
| 1982 | 269.43 million | +1.9% |
| 1983 | 335.02 million | +24.3% |
| 1984 | 328.30 million | -2.0% |
| 1985 | 383.39 million | +16.8% |
| 1986 | 417.83 million | +9.0% |
| 1987 | 485.27 million | +16.1% |
| 1988 | 551.15 million | +13.6% |
| 1989 | 485.96 million | -11.8% |
| 1990 | 559.20 million | +15.1% |
| 1991 | 518.68 million | -7.2% |
| 1992 | 534.41 million | +3.0% |
| 1993 | 499.50 million | -6.5% |
| 1994 | 561.17 million | +12.3% |
| 1995 | 462.61 million | -17.6% |
| 1996 | 675.08 million | +45.9% |
| 1997 | 675.62 million | +0.1% |
| 1998 | 848.88 million | +25.6% |
| 1999 | 979.70 million | +15.4% |
| 2000 | 1.20 billion | +22.0% |
| 2001 | 1.35 billion | +13.3% |
| 2002 | 1.67 billion | +23.5% |
| 2003 | 1.95 billion | +16.9% |
| 2004 | 2.23 billion | +13.9% |
| 2005 | 2.48 billion | +11.5% |
| 2006 | 2.45 billion | -1.2% |
| 2007 | 2.91 billion | +18.5% |
| 2008 | 3.27 billion | +12.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 47.42 million | 38.90 million | 56.80 million | 4 |
| 1970s | 111.74 million | 55.70 million | 233.50 million | 10 |
| 1980s | 377.38 million | 252.94 million | 551.15 million | 10 |
| 1990s | 631.49 million | 462.61 million | 979.70 million | 10 |
| 2000s | 2.17 billion | 1.20 billion | 3.27 billion | 9 |
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 money in Barbados?
- Money in Barbados was 3.27 billion in 2008, according to International Monetary Fund.
- What is the highest money recorded in Barbados?
- The highest recorded value was 3.27 billion in 2008.
- What is the lowest money recorded in Barbados?
- The lowest recorded value was 38.90 million in 1966.
- How does Barbados rank for money?
- Barbados ranks 141st out of 162 countries with data for 2008.
- Is money rising or falling in Barbados?
- Over the last ten years it is up 285.7%. The long-run trend across the full record is volatile.
- Where does this Barbados data come from?
- The figures come from International Monetary Fund, published as part of Money (Depository Corporations Survey, Domestic currency). Statizoid updates them automatically from the source API.
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About this data
The Monetary and Financial Statistics (MFS), Non-standard dataset provides discontinued, vintage country-reported financial data that are not harmonized and use country-specific terms.