Net domestic credit (current LCU), per unit of GDP in Barbados
Barbados: Net domestic credit (current LCU), per unit of GDP was 1.68 current LCU per US$ of GDP in 2023. ▲ Rising
Net domestic credit (current LCU), per unit of GDP in Barbados, 1966–2023
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
In 2023, net domestic credit (current lcu), per unit of gdp in Barbados stood at 1.68 current LCU per US$ of GDP.
Compared with earlier readings it is down 3.0% on the previous year and down 16.2% over ten years.
Over the whole period, net domestic credit (current lcu), per unit of gdp in Barbados peaked at 2.25 current LCU per US$ of GDP in 2017 and was at its lowest, 0.5142 current LCU per US$ of GDP, in 1966.
That places Barbados 123rd out of 186 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 56 years of available data.
Net domestic credit (current LCU), per unit of GDP in Barbados, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1966 | 0.5142 current LCU per US$ of GDP | — |
| 1967 | 0.5248 current LCU per US$ of GDP | +2.1% |
| 1968 | 0.6219 current LCU per US$ of GDP | +18.5% |
| 1969 | 0.8596 current LCU per US$ of GDP | +38.2% |
| 1970 | 0.8972 current LCU per US$ of GDP | +4.4% |
| 1971 | 0.9714 current LCU per US$ of GDP | +8.3% |
| 1972 | 0.9068 current LCU per US$ of GDP | -6.7% |
| 1973 | 0.9626 current LCU per US$ of GDP | +6.2% |
| 1974 | 0.9484 current LCU per US$ of GDP | -1.5% |
| 1975 | 0.7912 current LCU per US$ of GDP | -16.6% |
| 1976 | 0.9439 current LCU per US$ of GDP | +19.3% |
| 1977 | 0.9454 current LCU per US$ of GDP | +0.2% |
| 1978 | 0.9739 current LCU per US$ of GDP | +3.0% |
| 1979 | 0.9595 current LCU per US$ of GDP | -1.5% |
| 1980 | 0.7329 current LCU per US$ of GDP | -23.6% |
| 1981 | 0.862 current LCU per US$ of GDP | +17.6% |
| 1982 | 0.876 current LCU per US$ of GDP | +1.6% |
| 1983 | 0.9062 current LCU per US$ of GDP | +3.5% |
| 1984 | 0.8827 current LCU per US$ of GDP | -2.6% |
| 1985 | 0.8424 current LCU per US$ of GDP | -4.6% |
| 1986 | 0.8166 current LCU per US$ of GDP | -3.1% |
| 1987 | 0.8701 current LCU per US$ of GDP | +6.6% |
| 1988 | 0.9401 current LCU per US$ of GDP | +8.0% |
| 1989 | 0.9379 current LCU per US$ of GDP | -0.2% |
| 1990 | 1.03 current LCU per US$ of GDP | +10.2% |
| 1991 | 1.09 current LCU per US$ of GDP | +5.8% |
| 1992 | 1.14 current LCU per US$ of GDP | +4.3% |
| 1993 | 1.12 current LCU per US$ of GDP | -1.8% |
| 1994 | 1.11 current LCU per US$ of GDP | -0.8% |
| 1995 | 1.12 current LCU per US$ of GDP | +0.6% |
| 1996 | 1.13 current LCU per US$ of GDP | +1.3% |
| 1997 | 1.2 current LCU per US$ of GDP | +6.2% |
| 1998 | 1.21 current LCU per US$ of GDP | +0.3% |
| 1999 | 1.21 current LCU per US$ of GDP | +0.6% |
| 2000 | 1.19 current LCU per US$ of GDP | -2.3% |
| 2001 | 1.41 current LCU per US$ of GDP | +18.9% |
| 2002 | 1.61 current LCU per US$ of GDP | +14.1% |
| 2003 | 1.7 current LCU per US$ of GDP | +5.4% |
| 2004 | 1.82 current LCU per US$ of GDP | +7.5% |
| 2005 | 1.88 current LCU per US$ of GDP | +3.2% |
| 2006 | 1.85 current LCU per US$ of GDP | -1.7% |
| 2007 | 1.81 current LCU per US$ of GDP | -2.3% |
| 2008 | 1.96 current LCU per US$ of GDP | +8.2% |
| 2009 | 2.19 current LCU per US$ of GDP | +11.8% |
| 2012 | 2.07 current LCU per US$ of GDP | -5.4% |
| 2013 | 2 current LCU per US$ of GDP | -3.3% |
| 2014 | 2.01 current LCU per US$ of GDP | +0.2% |
| 2015 | 2.1 current LCU per US$ of GDP | +4.9% |
| 2016 | 2.24 current LCU per US$ of GDP | +6.2% |
| 2017 | 2.25 current LCU per US$ of GDP | +0.7% |
| 2018 | 1.83 current LCU per US$ of GDP | -18.8% |
| 2019 | 1.76 current LCU per US$ of GDP | -3.8% |
| 2020 | 1.96 current LCU per US$ of GDP | +11.2% |
| 2021 | 1.86 current LCU per US$ of GDP | -4.9% |
| 2022 | 1.73 current LCU per US$ of GDP | -6.9% |
| 2023 | 1.68 current LCU per US$ of GDP | -3.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.6301 current LCU per US$ of GDP | 0.5142 current LCU per US$ of GDP | 0.8596 current LCU per US$ of GDP | 4 |
| 1970s | 0.93 current LCU per US$ of GDP | 0.7912 current LCU per US$ of GDP | 0.9739 current LCU per US$ of GDP | 10 |
| 1980s | 0.8667 current LCU per US$ of GDP | 0.7329 current LCU per US$ of GDP | 0.9401 current LCU per US$ of GDP | 10 |
| 1990s | 1.14 current LCU per US$ of GDP | 1.03 current LCU per US$ of GDP | 1.21 current LCU per US$ of GDP | 10 |
| 2000s | 1.74 current LCU per US$ of GDP | 1.19 current LCU per US$ of GDP | 2.19 current LCU per US$ of GDP | 10 |
| 2010s | 2.03 current LCU per US$ of GDP | 1.76 current LCU per US$ of GDP | 2.25 current LCU per US$ of GDP | 8 |
| 2020s | 1.81 current LCU per US$ of GDP | 1.68 current LCU per US$ of GDP | 1.96 current LCU per US$ of GDP | 4 |
Countries ranked near Barbados
- 120 Georgia 1.99 current LCU per US$ of GDP compare
- 121 Canada 1.83 current LCU per US$ of GDP compare
- 122 Switzerland 1.7 current LCU per US$ of GDP compare
- 124 Saint Kitts and Nevis 1.62 current LCU per US$ of GDP compare
- 125 France 1.59 current LCU per US$ of GDP compare
- 126 Luxembourg 1.57 current LCU per US$ of GDP compare
More financial sector data for Barbados
- 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)
- Total reserves (gold at national valuation) (SDR), annual growth rate 5.94 % change on previous year (2024)
- Total reserves (gold at national valuation) (SDR), per capita 4,489 SDR per person (2024)
- Total reserves in months of imports, annual growth rate -25.37 % change on previous year (2017)
Frequently asked questions
- What is net domestic credit (current lcu), per unit of gdp in Barbados?
- Net domestic credit (current lcu), per unit of gdp in Barbados was 1.68 current LCU per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest net domestic credit (current lcu), per unit of gdp recorded in Barbados?
- The highest recorded value was 2.25 current LCU per US$ of GDP in 2017.
- What is the lowest net domestic credit (current lcu), per unit of gdp recorded in Barbados?
- The lowest recorded value was 0.5142 current LCU per US$ of GDP in 1966.
- How does Barbados rank for net domestic credit (current lcu), per unit of gdp?
- Barbados ranks 123rd out of 186 countries with data for 2023.
- Is net domestic credit (current lcu), per unit of gdp rising or falling in Barbados?
- Over the last ten years it is down 16.2%. The long-run trend across the full record is rising.
- Where does this Barbados data come from?
- The figures come from Statizoid (derived), published as part of Net domestic credit (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Net domestic credit (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Net domestic credit (current LCU) ÷ GDP (current US$)
Computed from
- Net domestic credit International Financial Statistics database, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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
Net domestic credit (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.