Net domestic credit (current LCU), annual growth rate in Barbados
Barbados: Net domestic credit (current LCU), annual growth rate was 1.79 % change on previous year in 2023. ◆ Volatile
Latest (2023)
1.79 % change on previous year
Change on year
down 76.9%
World rank
155th
of 186 countries
All-time high
55.42 % change on previous year
in 1969
All-time low
-16.66 % change on previous year
in 2018
Years of data
54
1967–2023
Net domestic credit (current LCU), annual growth rate in Barbados, 1967–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Barbados recorded 1.79 % change on previous year for net domestic credit (current lcu), annual growth rate in 2023.
Compared with earlier readings it is down 76.9% on the previous year and up 961.0% over ten years.
Over the whole period, net domestic credit (current lcu), annual growth rate in Barbados peaked at 55.42 % change on previous year in 1969 and was at its lowest, -16.66 % change on previous year, in 2018.
That places Barbados 155th out of 186 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net domestic credit (current LCU), annual growth rate in Barbados, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1967 | 13.21 % change on previous year | — |
| 1968 | 18.68 % change on previous year | +41.4% |
| 1969 | 55.42 % change on previous year | +196.6% |
| 1970 | 22.69 % change on previous year | -59.1% |
| 1971 | 21.7 % change on previous year | -4.4% |
| 1972 | 6.79 % change on previous year | -68.7% |
| 1973 | 29.52 % change on previous year | +334.8% |
| 1974 | 17.81 % change on previous year | -39.7% |
| 1975 | 7.61 % change on previous year | -57.3% |
| 1976 | 29.31 % change on previous year | +285.2% |
| 1977 | 13.76 % change on previous year | -53.1% |
| 1978 | 15.04 % change on previous year | +9.3% |
| 1979 | 19.46 % change on previous year | +29.4% |
| 1980 | 15.34 % change on previous year | -21.2% |
| 1981 | 29.46 % change on previous year | +92.1% |
| 1982 | 6.16 % change on previous year | -79.1% |
| 1983 | 9.86 % change on previous year | +60.2% |
| 1984 | 6.14 % change on previous year | -37.7% |
| 1985 | -0.1228 % change on previous year | -102.0% |
| 1986 | 6.45 % change on previous year | -5348.2% |
| 1987 | 17.33 % change on previous year | +168.9% |
| 1988 | 14.91 % change on previous year | -14.0% |
| 1989 | 10.41 % change on previous year | -30.1% |
| 1990 | 10.48 % change on previous year | +0.7% |
| 1991 | 6.28 % change on previous year | -40.1% |
| 1992 | 1.05 % change on previous year | -83.2% |
| 1993 | 3.58 % change on previous year | +240.1% |
| 1994 | 3.41 % change on previous year | -4.8% |
| 1995 | 3.66 % change on previous year | +7.2% |
| 1996 | 8.04 % change on previous year | +119.9% |
| 1997 | 12.23 % change on previous year | +52.1% |
| 1998 | 13.09 % change on previous year | +7.1% |
| 1999 | 5.46 % change on previous year | -58.3% |
| 2000 | 1.29 % change on previous year | -76.3% |
| 2001 | 18.69 % change on previous year | +1345.5% |
| 2002 | 16 % change on previous year | -14.4% |
| 2003 | 8.92 % change on previous year | -44.2% |
| 2004 | 15.35 % change on previous year | +72.0% |
| 2005 | 14.43 % change on previous year | -6.0% |
| 2006 | 8.59 % change on previous year | -40.4% |
| 2007 | 8.35 % change on previous year | -2.8% |
| 2008 | 10.88 % change on previous year | +30.2% |
| 2009 | 4.26 % change on previous year | -60.8% |
| 2013 | -0.2077 % change on previous year | -104.9% |
| 2014 | 0.5919 % change on previous year | -384.9% |
| 2015 | 5.18 % change on previous year | +775.4% |
| 2016 | 5.84 % change on previous year | +12.7% |
| 2017 | 3.68 % change on previous year | -36.9% |
| 2018 | -16.66 % change on previous year | -552.3% |
| 2019 | -1.16 % change on previous year | -93.0% |
| 2020 | -2.57 % change on previous year | +121.0% |
| 2021 | 4.67 % change on previous year | -281.7% |
| 2022 | 7.75 % change on previous year | +65.7% |
| 2023 | 1.79 % change on previous year | -76.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 29.11 % change on previous year | 13.21 % change on previous year | 55.42 % change on previous year | 3 |
| 1970s | 18.37 % change on previous year | 6.79 % change on previous year | 29.52 % change on previous year | 10 |
| 1980s | 11.59 % change on previous year | -0.1228 % change on previous year | 29.46 % change on previous year | 10 |
| 1990s | 6.73 % change on previous year | 1.05 % change on previous year | 13.09 % change on previous year | 10 |
| 2000s | 10.68 % change on previous year | 1.29 % change on previous year | 18.69 % change on previous year | 10 |
| 2010s | -0.3903 % change on previous year | -16.66 % change on previous year | 5.84 % change on previous year | 7 |
| 2020s | 2.91 % change on previous year | -2.57 % change on previous year | 7.75 % change on previous year | 4 |
Countries ranked near Barbados
- 152 Antigua and Barbuda 2.23 % change on previous year compare
- 153 Lebanon 2.22 % change on previous year compare
- 154 Brunei 2.06 % change on previous year compare
- 156 Bahamas 1.52 % change on previous year compare
- 157 Cape Verde 1.41 % change on previous year compare
- 158 Dominica 1.36 % change on previous year compare
More financial sector data for Barbados
- Total reserves in months of imports, annual growth rate -25.37 % change on previous year (2017)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2017)
- Total reserves in months of imports, per capita 0 units per person (2017)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 8.89 % change on previous year (2024)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.1608 SDR per US$ of GDP (2024)
- Reserves excluding gold, foreign exchange (SDR), per capita 4,325 SDR per person (2024)
- Reserves excluding gold (SDR), annual growth rate 5.94 % change on previous year (2024)
- Reserves excluding gold (SDR), per capita 4,489 SDR per person (2024)
- Total reserves (gold at market value) (SDR), annual growth rate 5.94 % change on previous year (2024)
- Total reserves (gold at market value) (SDR), per capita 4,489 SDR per person (2024)
Frequently asked questions
- What is net domestic credit (current lcu), annual growth rate in Barbados?
- Net domestic credit (current lcu), annual growth rate in Barbados was 1.79 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest net domestic credit (current lcu), annual growth rate recorded in Barbados?
- The highest recorded value was 55.42 % change on previous year in 1969.
- What is the lowest net domestic credit (current lcu), annual growth rate recorded in Barbados?
- The lowest recorded value was -16.66 % change on previous year in 2018.
- How does Barbados rank for net domestic credit (current lcu), annual growth rate?
- Barbados ranks 155th out of 186 countries with data for 2023.
- Is net domestic credit (current lcu), annual growth rate rising or falling in Barbados?
- Over the last ten years it is up 961.0%. The long-run trend across the full record is volatile.
- Where does this Barbados data come from?
- The figures come from Statizoid (derived), published as part of Net domestic credit (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Net domestic credit (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Net domestic credit International Financial Statistics database, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Net domestic credit (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.