Number of Household Sector Deposit Accounts with Commercial Banks per in Barbados
Barbados: Number of Household Sector Deposit Accounts with Commercial Banks per was 1,324 in 2024. ▼ Falling
Number of Household Sector Deposit Accounts with Commercial Banks per in Barbados, 2012–2024
Source: International Monetary Fund.
Analysis
In 2024, number of household sector deposit accounts with commercial banks per in Barbados stood at 1,324.
That represents a change of up 3.8% on the previous year and down 14.0% over ten years.
Over the whole period, number of household sector deposit accounts with commercial banks per in Barbados peaked at 1,717 in 2012 and was at its lowest, 1,203, in 2020.
That places Barbados 52nd out of 92 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 13 years of available data.
Number of Household Sector Deposit Accounts with Commercial Banks per in Barbados, year by year
| Year | Value | Change |
|---|---|---|
| 2012 | 1,717 | — |
| 2013 | 1,692 | -1.5% |
| 2014 | 1,539 | -9.1% |
| 2015 | 1,487 | -3.4% |
| 2016 | 1,453 | -2.2% |
| 2017 | 1,350 | -7.1% |
| 2018 | 1,242 | -8.0% |
| 2019 | 1,206 | -2.9% |
| 2020 | 1,203 | -0.2% |
| 2021 | 1,211 | +0.6% |
| 2022 | 1,216 | +0.4% |
| 2023 | 1,275 | +4.9% |
| 2024 | 1,324 | +3.8% |
Barbados compared with similar countries
- Barbados's 1,324 is below the median for high income countries, which is 2,317, 57% of the median. (26 countries reporting)
- Barbados's 1,324 is below the median for Latin America & Caribbean, which is 1,509, 88% of the median. (18 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 1,461 | 1,206 | 1,717 | 8 |
| 2020s | 1,246 | 1,203 | 1,324 | 5 |
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 number of household sector deposit accounts with commercial banks per in Barbados?
- Number of household sector deposit accounts with commercial banks per in Barbados was 1,324 in 2024, according to International Monetary Fund.
- What is the highest number of household sector deposit accounts with commercial banks per recorded in Barbados?
- The highest recorded value was 1,717 in 2012.
- What is the lowest number of household sector deposit accounts with commercial banks per recorded in Barbados?
- The lowest recorded value was 1,203 in 2020.
- How does Barbados rank for number of household sector deposit accounts with commercial banks per?
- Barbados ranks 52nd out of 92 countries with data for 2024.
- Is number of household sector deposit accounts with commercial banks per rising or falling in Barbados?
- Over the last ten years it is down 14.0%. 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 Household Sector Deposit Accounts with Commercial Banks per 1,000 Adults. 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.