Services balance (credit less debit), Net (credits less debits) (US) in Barbados
Barbados: Services balance (credit less debit), Net (credits less debits) (US) was 835.92 million in 2017. ▼ Falling
Services balance (credit less debit), Net (credits less debits) in Barbados, 2005–2017
Source: International Monetary Fund.
Analysis
The most recent figure for services balance (credit less debit), net (credits less debits) in Barbados is 835.92 million, measured in 2017.
Compared with earlier readings it is up 12.8% on the previous year and down 5.4% over ten years.
Over the whole period, services balance (credit less debit), net (credits less debits) in Barbados peaked at 883.20 million in 2007 and was at its lowest, 662.11 million, in 2010.
That places Barbados 70th out of 197 countries with data for 2017, putting it in the middle of the range.
The long-run direction has been consistently falling across the 13 years of available data.
Services balance (credit less debit), Net (credits less debits) (US) in Barbados, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 732.29 million | — |
| 2006 | 848.91 million | +15.9% |
| 2007 | 883.20 million | +4.0% |
| 2008 | 856.15 million | -3.1% |
| 2009 | 786.64 million | -8.1% |
| 2010 | 662.11 million | -15.8% |
| 2011 | 777.46 million | +17.4% |
| 2012 | 717.33 million | -7.7% |
| 2013 | 713.13 million | -0.6% |
| 2014 | 690.39 million | -3.2% |
| 2015 | 706.02 million | +2.3% |
| 2016 | 741.39 million | +5.0% |
| 2017 | 835.92 million | +12.8% |
Barbados compared with similar countries
- Barbados's 835.92 million is below the median for high income countries, which is 910.63 million, 92% of the median. (72 countries reporting)
- Barbados's 835.92 million is above the median for Latin America & Caribbean, which is 169.67 million, 4.9× the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 821.44 million | 732.29 million | 883.20 million | 5 |
| 2010s | 730.47 million | 662.11 million | 835.92 million | 8 |
Countries ranked near Barbados
- 67 Moldova 934.95 million compare
- 68 Uruguay 878.74 million compare
- 69 Saint Lucia 865.56 million compare
- 71 Belize 795.70 million compare
- 72 Turks and Caicos Islands 746.62 million
- 73 Seychelles 714.25 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 services balance (credit less debit), net (credits less debits) in Barbados?
- Services balance (credit less debit), net (credits less debits) in Barbados was 835.92 million in 2017, according to International Monetary Fund.
- What is the highest services balance (credit less debit), net (credits less debits) recorded in Barbados?
- The highest recorded value was 883.20 million in 2007.
- What is the lowest services balance (credit less debit), net (credits less debits) recorded in Barbados?
- The lowest recorded value was 662.11 million in 2010.
- How does Barbados rank for services balance (credit less debit), net (credits less debits)?
- Barbados ranks 70th out of 197 countries with data for 2017.
- Is services balance (credit less debit), net (credits less debits) rising or falling in Barbados?
- Over the last ten years it is down 5.4%. The long-run trend across the full record is falling.
- Where does this Barbados data come from?
- The figures come from International Monetary Fund, published as part of Services 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.