Secondary income balance (credit less debit), Net (credits less) in Barbados
Barbados: Secondary income balance (credit less debit), Net (credits less) was -58.40 million in 2017. ◆ Volatile
Secondary income balance (credit less debit), Net (credits less) in Barbados, 2005–2017
Source: International Monetary Fund.
Analysis
The most recent figure for secondary income balance (credit less debit), net (credits less) in Barbados is -58.40 million, measured in 2017.
The figure is down 38.2% on the previous year and down 444.3% over ten years.
Over the whole period, secondary income balance (credit less debit), net (credits less) in Barbados peaked at 19.57 million in 2014 and was at its lowest, -82.78 million, in 2008.
Barbados ranks 143rd of 197 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Secondary income balance (credit less debit), Net (credits less) in Barbados, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -51.88 million | — |
| 2006 | -21.64 million | -58.3% |
| 2007 | -10.73 million | -50.4% |
| 2008 | -82.78 million | +671.7% |
| 2009 | -54.17 million | -34.6% |
| 2010 | -36.63 million | -32.4% |
| 2011 | -60.37 million | +64.8% |
| 2012 | -12.76 million | -78.9% |
| 2013 | 10.43 million | -181.7% |
| 2014 | 19.57 million | +87.6% |
| 2015 | 8.80 million | -55.0% |
| 2016 | -42.26 million | -580.4% |
| 2017 | -58.40 million | +38.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -44.24 million | -82.78 million | -10.73 million | 5 |
| 2010s | -21.45 million | -60.37 million | 19.57 million | 8 |
Countries ranked near Barbados
- 140 Seychelles -21.17 million compare
- 141 Curaçao -24.18 million compare
- 142 Andorra -58.20 million
- 144 Aruba -77.68 million compare
- 145 Turks and Caicos Islands -78.01 million
- 146 Sint Maarten (Dutch part) -82.98 million compare
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 secondary income balance (credit less debit), net (credits less) in Barbados?
- Secondary income balance (credit less debit), net (credits less) in Barbados was -58.40 million in 2017, according to International Monetary Fund.
- What is the highest secondary income balance (credit less debit), net (credits less) recorded in Barbados?
- The highest recorded value was 19.57 million in 2014.
- What is the lowest secondary income balance (credit less debit), net (credits less) recorded in Barbados?
- The lowest recorded value was -82.78 million in 2008.
- How does Barbados rank for secondary income balance (credit less debit), net (credits less)?
- Barbados ranks 143rd out of 197 countries with data for 2017.
- Is secondary income balance (credit less debit), net (credits less) rising or falling in Barbados?
- Over the last ten years it is down 444.3%. The long-run trend across the full record is volatile.
- Where does this Barbados data come from?
- The figures come from International Monetary Fund, published as part of Secondary income balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.