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
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% |
Barbados compared with similar countries
- Barbados's 1.79 % change on previous year is below the median for high income countries, which is 3.69 % change on previous year, 48% of the median. (61 countries reporting)
- Barbados's 1.79 % change on previous year is below the median for Latin America & Caribbean, which is 7.53 % change on previous year, 24% of the median. (33 countries reporting)
Biggest year-on-year movements
Years where Net domestic credit (current LCU), annual growth rate in Barbados changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1986 | +5348.2% | -0.1228 % change on previous year | 6.45 % change on previous year |
| 2001 | +1345.5% | 1.29 % change on previous year | 18.69 % change on previous year |
| 2015 | +775.4% | 0.5919 % change on previous year | 5.18 % change on previous year |
| 2018 | -552.3% | 3.68 % change on previous year | -16.66 % change on previous year |
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
- 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 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.