Real interest rate in Barbados
Barbados: Real interest rate was 8.2% in 2022. ◆ Volatile
Real interest rate in Barbados, 1981–2022
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in %.
Analysis
In 2022, real interest rate in Barbados stood at 8.2%.
Compared with earlier readings it is up 36.8% on the previous year and up 16.3% over ten years.
Over the whole period, real interest rate in Barbados peaked at 11.7% in 2000 and was at its lowest, -17.8%, in 2010.
Barbados ranks 36th of 149 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Real interest rate in Barbados, year by year
| Year | % | Change |
|---|---|---|
| 1981 | -0.7% | — |
| 1982 | 3.2% | -585.9% |
| 1983 | 5.8% | +80.5% |
| 1984 | 6.0% | +3.6% |
| 1985 | 6.8% | +13.4% |
| 1986 | 4.4% | -35.5% |
| 1987 | 1.3% | -70.0% |
| 1988 | 6.5% | +394.1% |
| 1989 | 2.9% | -55.5% |
| 1990 | 7.4% | +156.0% |
| 1991 | 7.6% | +2.3% |
| 1992 | 11.2% | +47.5% |
| 1993 | 3.5% | -68.4% |
| 1994 | 6.7% | +90.1% |
| 1995 | 8.9% | +32.2% |
| 1996 | 7.3% | -18.2% |
| 1997 | 8.8% | +21.4% |
| 1998 | 1.0% | -89.1% |
| 1999 | 4.8% | +393.5% |
| 2000 | 11.7% | +145.5% |
| 2001 | 7.2% | -38.6% |
| 2002 | 7.5% | +5.0% |
| 2003 | 7.3% | -2.9% |
| 2004 | 2.4% | -67.6% |
| 2005 | 2.3% | -1.0% |
| 2006 | 6.0% | +154.0% |
| 2007 | 2.0% | -66.8% |
| 2008 | 8.1% | +308.9% |
| 2009 | 11.2% | +39.1% |
| 2010 | -17.8% | -258.3% |
| 2011 | 6.0% | -133.7% |
| 2012 | 7.1% | +17.9% |
| 2013 | 5.6% | -21.2% |
| 2014 | 8.8% | +57.6% |
| 2015 | 6.9% | -20.9% |
| 2016 | 10.0% | +43.6% |
| 2017 | 5.6% | -43.6% |
| 2018 | 5.0% | -10.8% |
| 2019 | 5.4% | +7.7% |
| 2020 | 1.9% | -65.7% |
| 2021 | 6.0% | +224.4% |
| 2022 | 8.2% | +36.8% |
Barbados compared with similar countries
- Barbados's 8.2% is above the median for high income countries, which is 2.7%, 3.0× the median. (42 countries reporting)
- Barbados's 8.2% is above the median for Latin America & Caribbean, which is 4.6%, 1.8× the median. (31 countries reporting)
Biggest year-on-year movements
Years where Real interest rate 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 |
|---|---|---|---|
| 1982 | +585.9% | -0.7% | 3.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 4.0% | -0.7% | 6.8% | 9 |
| 1990s | 6.7% | 1.0% | 11.2% | 10 |
| 2000s | 6.6% | 2.0% | 11.7% | 10 |
| 2010s | 4.3% | -17.8% | 10.0% | 10 |
| 2020s | 5.4% | 1.9% | 8.2% | 3 |
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 real interest rate in Barbados?
- Real interest rate in Barbados was 8.2% in 2022, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest real interest rate recorded in Barbados?
- The highest recorded value was 11.7% in 2000.
- What is the lowest real interest rate recorded in Barbados?
- The lowest recorded value was -17.8% in 2010.
- How does Barbados rank for real interest rate?
- Barbados ranks 36th out of 149 countries with data for 2022.
- Is real interest rate rising or falling in Barbados?
- Over the last ten years it is up 16.3%. The long-run trend across the full record is volatile.
- Where does this Barbados data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Real interest rate (%). Statizoid updates them automatically from the source API.
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About this data
An interest rate is the amount charged, expressed as a percentage of the principal over a period of time, by the owners of certain kinds of financial assets for putting the financial assets at the disposal of another institutional unit. The real interest rate is the lending interest rate adjusted for inflation as measured by the GDP deflator. The terms and conditions attached to lending rates differ by country, however, limiting their comparability. This indicator is expressed as a percentage (a÷b)*100.