Net domestic credit (current LCU) in Barbados
Barbados: Net domestic credit (current LCU) was 12.13 billion current LCU in 2023. ◆ Volatile
Net domestic credit in Barbados, 1966–2023
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for net domestic credit in Barbados is 12.13 billion current LCU, measured in 2023.
That represents a change of up 1.8% on the previous year and up 7.0% over ten years.
Over the whole period, net domestic credit in Barbados peaked at 13.16 billion current LCU in 2017 and was at its lowest, 58.20 million current LCU, in 1966.
That places Barbados 161st out of 187 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) in Barbados, year by year
| Year | current LCU | Change |
|---|---|---|
| 1966 | 58.20 million current LCU | — |
| 1967 | 65.89 million current LCU | +13.2% |
| 1968 | 78.20 million current LCU | +18.7% |
| 1969 | 121.54 million current LCU | +55.4% |
| 1970 | 149.12 million current LCU | +22.7% |
| 1971 | 181.48 million current LCU | +21.7% |
| 1972 | 193.80 million current LCU | +6.8% |
| 1973 | 251.01 million current LCU | +29.5% |
| 1974 | 295.71 million current LCU | +17.8% |
| 1975 | 318.21 million current LCU | +7.6% |
| 1976 | 411.47 million current LCU | +29.3% |
| 1977 | 468.07 million current LCU | +13.8% |
| 1978 | 538.45 million current LCU | +15.0% |
| 1979 | 643.23 million current LCU | +19.5% |
| 1980 | 741.87 million current LCU | +15.3% |
| 1981 | 960.45 million current LCU | +29.5% |
| 1982 | 1.02 billion current LCU | +6.2% |
| 1983 | 1.12 billion current LCU | +9.9% |
| 1984 | 1.19 billion current LCU | +6.1% |
| 1985 | 1.19 billion current LCU | -0.1% |
| 1986 | 1.26 billion current LCU | +6.4% |
| 1987 | 1.48 billion current LCU | +17.3% |
| 1988 | 1.70 billion current LCU | +14.9% |
| 1989 | 1.88 billion current LCU | +10.4% |
| 1990 | 2.08 billion current LCU | +10.5% |
| 1991 | 2.21 billion current LCU | +6.3% |
| 1992 | 2.23 billion current LCU | +1.1% |
| 1993 | 2.31 billion current LCU | +3.6% |
| 1994 | 2.39 billion current LCU | +3.4% |
| 1995 | 2.48 billion current LCU | +3.7% |
| 1996 | 2.68 billion current LCU | +8.0% |
| 1997 | 3.01 billion current LCU | +12.2% |
| 1998 | 3.40 billion current LCU | +13.1% |
| 1999 | 3.58 billion current LCU | +5.5% |
| 2000 | 3.63 billion current LCU | +1.3% |
| 2001 | 4.31 billion current LCU | +18.7% |
| 2002 | 5.00 billion current LCU | +16.0% |
| 2003 | 5.45 billion current LCU | +8.9% |
| 2004 | 6.28 billion current LCU | +15.3% |
| 2005 | 7.19 billion current LCU | +14.4% |
| 2006 | 7.81 billion current LCU | +8.6% |
| 2007 | 8.46 billion current LCU | +8.4% |
| 2008 | 9.38 billion current LCU | +10.9% |
| 2009 | 9.78 billion current LCU | +4.3% |
| 2012 | 11.36 billion current LCU | +16.2% |
| 2013 | 11.34 billion current LCU | -0.2% |
| 2014 | 11.40 billion current LCU | +0.6% |
| 2015 | 12.00 billion current LCU | +5.2% |
| 2016 | 12.70 billion current LCU | +5.8% |
| 2017 | 13.16 billion current LCU | +3.7% |
| 2018 | 10.97 billion current LCU | -16.7% |
| 2019 | 10.84 billion current LCU | -1.2% |
| 2020 | 10.56 billion current LCU | -2.6% |
| 2021 | 11.06 billion current LCU | +4.7% |
| 2022 | 11.91 billion current LCU | +7.7% |
| 2023 | 12.13 billion current LCU | +1.8% |
Barbados compared with similar countries
- Barbados's 12.13 billion current LCU is below the median for high income countries, which is 701.01 billion current LCU, 2% of the median. (61 countries reporting)
- Barbados's 12.13 billion current LCU is below the median for Latin America & Caribbean, which is 188.32 billion current LCU, 6% of the median. (33 countries reporting)
Biggest year-on-year movements
Years where Net domestic credit (current LCU) 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 |
|---|---|---|---|
| 1969 | +55.4% | 78.20 million current LCU | 121.54 million current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 80.96 million current LCU | 58.20 million current LCU | 121.54 million current LCU | 4 |
| 1970s | 345.06 million current LCU | 149.12 million current LCU | 643.23 million current LCU | 10 |
| 1980s | 1.26 billion current LCU | 741.87 million current LCU | 1.88 billion current LCU | 10 |
| 1990s | 2.64 billion current LCU | 2.08 billion current LCU | 3.58 billion current LCU | 10 |
| 2000s | 6.73 billion current LCU | 3.63 billion current LCU | 9.78 billion current LCU | 10 |
| 2010s | 11.72 billion current LCU | 10.84 billion current LCU | 13.16 billion current LCU | 8 |
| 2020s | 11.42 billion current LCU | 10.56 billion current LCU | 12.13 billion current LCU | 4 |
Countries ranked near Barbados
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 in Barbados?
- Net domestic credit in Barbados was 12.13 billion current LCU in 2023, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest net domestic credit recorded in Barbados?
- The highest recorded value was 13.16 billion current LCU in 2017.
- What is the lowest net domestic credit recorded in Barbados?
- The lowest recorded value was 58.20 million current LCU in 1966.
- How does Barbados rank for net domestic credit?
- Barbados ranks 161st out of 187 countries with data for 2023.
- Is net domestic credit rising or falling in Barbados?
- Over the last ten years it is up 7.0%. The long-run trend across the full record is volatile.
- Where does this Barbados data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Net domestic credit (current LCU). Statizoid updates them automatically from the source API.
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About this data
Net domestic credit is the sum of net claims on the central government and claims on other sectors of the domestic economy. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.