Private credit by deposit money banks and other financial in Barbados
Barbados: Private credit by deposit money banks and other financial was 81.2% in 2019. ▲ Rising
Private credit by deposit money banks and other financial in Barbados, 1966–2019
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
In 2019, private credit by deposit money banks and other financial in Barbados stood at 81.2%.
Compared with earlier readings it is down 3.3% on the previous year and down 0.7% over ten years.
Over the whole period, private credit by deposit money banks and other financial in Barbados peaked at 86.3% in 2012 and was at its lowest, 28.8%, in 1975.
Barbados ranks 45th of 187 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 52 years of available data.
Private credit by deposit money banks and other financial in Barbados, year by year
| Year | % | Change |
|---|---|---|
| 1966 | 35.0% | — |
| 1967 | 34.8% | -0.5% |
| 1968 | 35.5% | +2.0% |
| 1969 | 50.6% | +42.6% |
| 1970 | 55.5% | +9.8% |
| 1971 | 52.9% | -4.7% |
| 1972 | 54.4% | +2.8% |
| 1973 | 52.4% | -3.6% |
| 1974 | 38.3% | -26.9% |
| 1975 | 28.8% | -24.9% |
| 1976 | 28.9% | +0.4% |
| 1977 | 30.2% | +4.5% |
| 1978 | 30.4% | +0.7% |
| 1979 | 31.2% | +2.8% |
| 1980 | 29.1% | -6.7% |
| 1981 | 32.3% | +10.8% |
| 1982 | 33.0% | +2.3% |
| 1983 | 34.6% | +4.9% |
| 1984 | 32.6% | -5.8% |
| 1985 | 32.4% | -0.6% |
| 1986 | 31.8% | -1.7% |
| 1987 | 33.0% | +3.6% |
| 1988 | 34.2% | +3.8% |
| 1989 | 35.8% | +4.4% |
| 1990 | 36.2% | +1.2% |
| 1991 | 37.6% | +3.9% |
| 1992 | 38.5% | +2.4% |
| 1993 | 36.9% | -4.2% |
| 1994 | 39.0% | +5.5% |
| 1995 | 42.5% | +9.1% |
| 1996 | 41.6% | -2.1% |
| 1997 | 44.2% | +6.2% |
| 1998 | 45.4% | +2.7% |
| 1999 | 47.6% | +4.8% |
| 2000 | 47.9% | +0.7% |
| 2001 | 57.1% | +19.3% |
| 2002 | 57.6% | +0.8% |
| 2003 | 59.3% | +3.0% |
| 2004 | 64.3% | +8.4% |
| 2005 | 70.0% | +8.9% |
| 2006 | 69.8% | -0.3% |
| 2007 | 70.8% | +1.4% |
| 2008 | 75.6% | +6.8% |
| 2009 | 81.7% | +8.1% |
| 2012 | 86.3% | +5.6% |
| 2013 | 85.8% | -0.5% |
| 2014 | 83.2% | -3.1% |
| 2015 | 82.5% | -0.8% |
| 2016 | 80.2% | -2.7% |
| 2017 | 82.7% | +3.1% |
| 2018 | 83.9% | +1.5% |
| 2019 | 81.2% | -3.3% |
Barbados compared with similar countries
- Barbados's 81.2% is below the median for high income countries, which is 84.9%, 96% of the median. (62 countries reporting)
- Barbados's 81.2% is above the median for Latin America & Caribbean, which is 51.7%, 1.6× the median. (33 countries reporting)
Biggest year-on-year movements
Years where Private credit by deposit money banks and other financial 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 | +42.6% | 35.5% | 50.6% |
| 1974 | -26.9% | 52.4% | 38.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 38.9% | 34.8% | 50.6% | 4 |
| 1970s | 40.3% | 28.8% | 55.5% | 10 |
| 1980s | 32.9% | 29.1% | 35.8% | 10 |
| 1990s | 41.0% | 36.2% | 47.6% | 10 |
| 2000s | 65.4% | 47.9% | 81.7% | 10 |
| 2010s | 83.2% | 80.2% | 86.3% | 8 |
Countries ranked near Barbados
More financial sector data for Barbados
- Net domestic credit (current LCU), per capita 42,954 current LCU per person (2023)
- Net domestic credit (current LCU), per unit of GDP 1.68 current LCU per US$ of GDP (2023)
- Net domestic credit (current LCU), annual growth rate 1.79 % change on previous year (2023)
- Gold reserves at 35 SDRs per ounce 0 SDR (2024)
- Gold reserves at market value 0 SDR (2024)
- Reserves excluding gold, foreign exchange 1.22 billion SDR (2024)
- Reserves excluding gold 1.27 billion SDR (2024)
- Total reserves (gold at market value) 1.27 billion SDR (2024)
- Total reserves (gold at national valuation) 1.27 billion SDR (2024)
- Total reserves (gold at national valuation) (SDR), per capita 4,489 SDR per person (2024)
Frequently asked questions
- What is private credit by deposit money banks and other financial in Barbados?
- Private credit by deposit money banks and other financial in Barbados was 81.2% in 2019, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest private credit by deposit money banks and other financial recorded in Barbados?
- The highest recorded value was 86.3% in 2012.
- What is the lowest private credit by deposit money banks and other financial recorded in Barbados?
- The lowest recorded value was 28.8% in 1975.
- How does Barbados rank for private credit by deposit money banks and other financial?
- Barbados ranks 45th out of 187 countries with data for 2019.
- Is private credit by deposit money banks and other financial rising or falling in Barbados?
- Over the last ten years it is down 0.7%. The long-run trend across the full record is rising.
- Where does this Barbados data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Private credit by deposit money banks and other financial institutions to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Private credit by deposit money banks and other financial institutions to GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is credit to the private sector, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF’s International Financial Statistics. Private credit by deposit money banks and other financial institutions (IFS lines 22d and 42d); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF)