Number of Deposit Accounts, Commercial Banks, of Which: Household in Barbados
Barbados: Number of Deposit Accounts, Commercial Banks, of Which: Household was 309,447 in 2024. ▼ Falling
Number of Deposit Accounts, Commercial Banks, of Which: Household in Barbados, 2012–2024
Source: International Monetary Fund.
Analysis
Barbados recorded 309,447 for number of deposit accounts, commercial banks, of which: household in 2024.
Compared with earlier readings it is up 4.1% on the previous year and down 10.3% over ten years.
Over the whole period, number of deposit accounts, commercial banks, of which: household in Barbados peaked at 380,927 in 2012 and was at its lowest, 277,250, in 2019.
Barbados ranks 76th of 94 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 13 years of available data.
Number of Deposit Accounts, Commercial Banks, of Which: Household in Barbados, year by year
| Year | Value | Change |
|---|---|---|
| 2012 | 380,927 | — |
| 2013 | 377,322 | -0.9% |
| 2014 | 344,968 | -8.6% |
| 2015 | 335,172 | -2.8% |
| 2016 | 329,481 | -1.7% |
| 2017 | 307,694 | -6.6% |
| 2018 | 284,288 | -7.6% |
| 2019 | 277,250 | -2.5% |
| 2020 | 277,768 | +0.2% |
| 2021 | 280,544 | +1.0% |
| 2022 | 282,375 | +0.7% |
| 2023 | 297,139 | +5.2% |
| 2024 | 309,447 | +4.1% |
Barbados compared with similar countries
- Barbados's 309,447 is below the median for high income countries, which is 6.93 million, 4% of the median. (26 countries reporting)
- Barbados's 309,447 is below the median for Latin America & Caribbean, which is 6.20 million, 5% of the median. (18 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 329,638 | 277,250 | 380,927 | 8 |
| 2020s | 289,455 | 277,768 | 309,447 | 5 |
Countries ranked near Barbados
- 73 Guyana 567,094 compare
- 74 Chad 412,392 compare
- 75 Gabon 361,751
- 77 Equatorial Guinea 307,724 compare
- 78 Saint Lucia 179,619 compare
- 79 Seychelles 174,864 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 number of deposit accounts, commercial banks, of which: household in Barbados?
- Number of deposit accounts, commercial banks, of which: household in Barbados was 309,447 in 2024, according to International Monetary Fund.
- What is the highest number of deposit accounts, commercial banks, of which: household recorded in Barbados?
- The highest recorded value was 380,927 in 2012.
- What is the lowest number of deposit accounts, commercial banks, of which: household recorded in Barbados?
- The lowest recorded value was 277,250 in 2019.
- How does Barbados rank for number of deposit accounts, commercial banks, of which: household?
- Barbados ranks 76th out of 94 countries with data for 2024.
- Is number of deposit accounts, commercial banks, of which: household rising or falling in Barbados?
- Over the last ten years it is down 10.3%. The long-run trend across the full record is falling.
- Where does this Barbados data come from?
- The figures come from International Monetary Fund, published as part of Number of Deposit Accounts, Commercial Banks, of Which: Household Sector Deposit Accounts. Statizoid updates them automatically from the source API.
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About this data
Gender-disaggregated data on access to and use of financial services.