Outstanding Deposits, Commercial Banks, of Which: Household Sector in Barbados
Barbados: Outstanding Deposits, Commercial Banks, of Which: Household Sector was 5.32 billion in 2024. ▲ Rising
Outstanding Deposits, Commercial Banks, of Which: Household Sector in Barbados, 2004–2024
Source: International Monetary Fund.
Analysis
Barbados recorded 5.32 billion for outstanding deposits, commercial banks, of which: household sector in 2024. That is the highest value across all 21 years on record.
Compared with earlier readings it is up 2.4% on the previous year and up 16.4% over ten years.
Over the whole period, outstanding deposits, commercial banks, of which: household sector in Barbados peaked at 5.32 billion in 2024 and was at its lowest, 2.97 billion, in 2004.
Barbados ranks 108th of 127 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 21 years of available data.
Outstanding Deposits, Commercial Banks, of Which: Household Sector in Barbados, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 2.97 billion | — |
| 2005 | 3.19 billion | +7.5% |
| 2006 | 3.54 billion | +11.0% |
| 2007 | 4.02 billion | +13.6% |
| 2008 | 4.27 billion | +6.2% |
| 2009 | 4.29 billion | +0.6% |
| 2010 | 4.17 billion | -2.8% |
| 2011 | 4.23 billion | +1.3% |
| 2012 | 4.23 billion | -0.0% |
| 2013 | 4.44 billion | +4.9% |
| 2014 | 4.57 billion | +3.0% |
| 2015 | 4.56 billion | -0.1% |
| 2016 | 4.52 billion | -0.9% |
| 2017 | 4.42 billion | -2.3% |
| 2018 | 4.30 billion | -2.5% |
| 2019 | 4.33 billion | +0.6% |
| 2020 | 4.62 billion | +6.6% |
| 2021 | 4.87 billion | +5.5% |
| 2022 | 5.11 billion | +5.0% |
| 2023 | 5.19 billion | +1.5% |
| 2024 | 5.32 billion | +2.4% |
Barbados compared with similar countries
- Barbados's 5.32 billion is below the median for high income countries, which is 396.25 billion, 1% of the median. (51 countries reporting)
- Barbados's 5.32 billion is below the median for Latin America & Caribbean, which is 282.39 billion, 2% of the median. (20 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.71 billion | 2.97 billion | 4.29 billion | 6 |
| 2010s | 4.38 billion | 4.17 billion | 4.57 billion | 10 |
| 2020s | 5.02 billion | 4.62 billion | 5.32 billion | 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 outstanding deposits, commercial banks, of which: household sector in Barbados?
- Outstanding deposits, commercial banks, of which: household sector in Barbados was 5.32 billion in 2024, according to International Monetary Fund.
- What is the highest outstanding deposits, commercial banks, of which: household sector recorded in Barbados?
- The highest recorded value was 5.32 billion in 2024.
- What is the lowest outstanding deposits, commercial banks, of which: household sector recorded in Barbados?
- The lowest recorded value was 2.97 billion in 2004.
- How does Barbados rank for outstanding deposits, commercial banks, of which: household sector?
- Barbados ranks 108th out of 127 countries with data for 2024.
- Is outstanding deposits, commercial banks, of which: household sector rising or falling in Barbados?
- Over the last ten years it is up 16.4%. The long-run trend across the full record is rising.
- Where does this Barbados data come from?
- The figures come from International Monetary Fund, published as part of Outstanding Deposits, Commercial Banks, of Which: Household Sector Deposits. 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.