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% |
Barbados compared with similar countries
- Barbados's -58.40 million is above the median for high income countries, which is -347.77 million, 17% of the median. (72 countries reporting)
- Barbados's -58.40 million is below the median for Latin America & Caribbean, which is 194.18 million. (37 countries reporting)
Biggest year-on-year movements
Years where Secondary income balance (credit less debit), Net (credits less) 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 |
|---|---|---|---|
| 2008 | -671.7% | -10.73 million | -82.78 million |
| 2016 | -580.4% | 8.80 million | -42.26 million |
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 Curacao -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
- 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 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.