Private credit by deposit money banks to GDP in Barbados
Barbados: Private credit by deposit money banks to GDP was 81.2% in 2019. ▲ Rising
Private credit by deposit money banks to GDP in Barbados, 1966–2019
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
Barbados recorded 81.2% for private credit by deposit money banks to gdp in 2019.
The figure 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 to gdp in Barbados peaked at 86.3% in 2012 and was at its lowest, 28.8%, in 1975.
That places Barbados 40th out of 187 countries with data for 2019, putting it 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 to GDP 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 above the median for high income countries, which is 79.1%, 1.0× the median. (62 countries reporting)
- Barbados's 81.2% is above the median for Latin America & Caribbean, which is 50.9%, 1.6× the median. (33 countries reporting)
Biggest year-on-year movements
Years where Private credit by deposit money banks to GDP 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
- 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 private credit by deposit money banks to gdp in Barbados?
- Private credit by deposit money banks to gdp 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 to gdp recorded in Barbados?
- The highest recorded value was 86.3% in 2012.
- What is the lowest private credit by deposit money banks to gdp recorded in Barbados?
- The lowest recorded value was 28.8% in 1975.
- How does Barbados rank for private credit by deposit money banks to gdp?
- Barbados ranks 40th out of 187 countries with data for 2019.
- Is private credit by deposit money banks to gdp 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 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 (IFS line 22d); 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).