Number of Loan Accounts, Commercial Banks, of Which: Household Sector in Barbados
Barbados: Number of Loan Accounts, Commercial Banks, of Which: Household Sector was 120,981 in 2024. ▼ Falling
Number of Loan Accounts, Commercial Banks, of Which: Household Sector in Barbados, 2012–2024
Source: International Monetary Fund.
Analysis
The most recent figure for number of loan accounts, commercial banks, of which: household sector in Barbados is 120,981, measured in 2024. That is the lowest value across all 13 years on record.
That represents a change of down 0.7% on the previous year and down 23.6% over ten years.
Over the whole period, number of loan accounts, commercial banks, of which: household sector in Barbados peaked at 180,185 in 2015 and was at its lowest, 120,981, in 2024.
Barbados ranks 76th of 100 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 Loan Accounts, Commercial Banks, of Which: Household Sector in Barbados, year by year
| Year | Value | Change |
|---|---|---|
| 2012 | 151,384 | — |
| 2013 | 147,143 | -2.8% |
| 2014 | 158,306 | +7.6% |
| 2015 | 180,185 | +13.8% |
| 2016 | 153,482 | -14.8% |
| 2017 | 147,908 | -3.6% |
| 2018 | 137,895 | -6.8% |
| 2019 | 147,094 | +6.7% |
| 2020 | 144,684 | -1.6% |
| 2021 | 137,208 | -5.2% |
| 2022 | 122,223 | -10.9% |
| 2023 | 121,781 | -0.4% |
| 2024 | 120,981 | -0.7% |
Barbados compared with similar countries
- Barbados's 120,981 is below the median for high income countries, which is 2.93 million, 4% of the median. (29 countries reporting)
- Barbados's 120,981 is below the median for Latin America & Caribbean, which is 2.04 million, 6% of the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 152,925 | 137,895 | 180,185 | 8 |
| 2020s | 129,375 | 120,981 | 144,684 | 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 loan accounts, commercial banks, of which: household sector in Barbados?
- Number of loan accounts, commercial banks, of which: household sector in Barbados was 120,981 in 2024, according to International Monetary Fund.
- What is the highest number of loan accounts, commercial banks, of which: household sector recorded in Barbados?
- The highest recorded value was 180,185 in 2015.
- What is the lowest number of loan accounts, commercial banks, of which: household sector recorded in Barbados?
- The lowest recorded value was 120,981 in 2024.
- How does Barbados rank for number of loan accounts, commercial banks, of which: household sector?
- Barbados ranks 76th out of 100 countries with data for 2024.
- Is number of loan accounts, commercial banks, of which: household sector rising or falling in Barbados?
- Over the last ten years it is down 23.6%. 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 Loan Accounts, Commercial Banks, of Which: Household Sector Loan 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.