Total reserves in months of imports in Barbados
Barbados: Total reserves in months of imports was 1.26 in 2017. ▲ Rising
Total reserves in months of imports in Barbados, 1967–2017
Source: International Financial Statistics database, International Monetary Fund (IMF).
Analysis
In 2017, total reserves in months of imports in Barbados stood at 1.26.
That represents a change of down 25.4% on the previous year and down 66.3% over ten years.
Over the whole period, total reserves in months of imports in Barbados peaked at 5.29 in 2001 and was at its lowest, 1.15, in 1991.
Barbados ranks 157th of 178 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 51 years of available data.
Total reserves in months of imports in Barbados, year by year
| Year | Value | Change |
|---|---|---|
| 1967 | 1.19 | — |
| 1968 | 1.77 | +48.1% |
| 1969 | 1.21 | -31.4% |
| 1970 | 1.34 | +11.0% |
| 1971 | 1.44 | +7.3% |
| 1972 | 1.88 | +30.5% |
| 1973 | 1.88 | +0.1% |
| 1974 | 2.05 | +8.8% |
| 1975 | 1.89 | -7.8% |
| 1976 | 1.22 | -35.6% |
| 1977 | 1.41 | +15.4% |
| 1978 | 1.95 | +38.4% |
| 1979 | 1.65 | -15.2% |
| 1980 | 1.56 | -5.5% |
| 1981 | 1.79 | +15.0% |
| 1982 | 2.18 | +21.9% |
| 1983 | 2.02 | -7.6% |
| 1984 | 2.03 | +0.7% |
| 1985 | 2.28 | +11.9% |
| 1986 | 2.4 | +5.4% |
| 1987 | 2.44 | +1.8% |
| 1988 | 2.13 | -12.5% |
| 1989 | 1.52 | -29.0% |
| 1990 | 1.52 | +0.3% |
| 1991 | 1.15 | -24.1% |
| 1992 | 2.29 | +98.7% |
| 1993 | 2.16 | -5.8% |
| 1994 | 2.62 | +21.4% |
| 1995 | 2.4 | -8.4% |
| 1996 | 2.92 | +21.7% |
| 1997 | 2.35 | -19.5% |
| 1998 | 3.1 | +31.6% |
| 1999 | 2.39 | -23.0% |
| 2000 | 3.45 | +44.8% |
| 2001 | 5.29 | +53.2% |
| 2002 | 5 | -5.5% |
| 2003 | 4.89 | -2.2% |
| 2004 | 3.4 | -30.4% |
| 2005 | 3.09 | -9.1% |
| 2006 | 2.94 | -5.0% |
| 2007 | 3.73 | +26.9% |
| 2008 | 3.09 | -17.2% |
| 2009 | 4.19 | +35.8% |
| 2010 | 3.96 | -5.6% |
| 2011 | 3.61 | -8.7% |
| 2012 | 3.69 | +2.1% |
| 2013 | 2.81 | -23.7% |
| 2014 | 2.46 | -12.5% |
| 2015 | 2.42 | -1.8% |
| 2016 | 1.68 | -30.4% |
| 2017 | 1.26 | -25.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1.39 | 1.19 | 1.77 | 3 |
| 1970s | 1.67 | 1.22 | 2.05 | 10 |
| 1980s | 2.04 | 1.52 | 2.44 | 10 |
| 1990s | 2.29 | 1.15 | 3.1 | 10 |
| 2000s | 3.91 | 2.94 | 5.29 | 10 |
| 2010s | 2.74 | 1.26 | 3.96 | 8 |
Countries ranked near Barbados
More financial sector data for Barbados
- Total reserves in months of imports, annual growth rate -25.37 % change on previous year (2017)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2017)
- Total reserves in months of imports, per capita 0 units per person (2017)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 8.89 % change on previous year (2024)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.1608 SDR per US$ of GDP (2024)
- Reserves excluding gold, foreign exchange (SDR), per capita 4,325 SDR per person (2024)
- Reserves excluding gold (SDR), annual growth rate 5.94 % change on previous year (2024)
- Reserves excluding gold (SDR), per capita 4,489 SDR per person (2024)
- Total reserves (gold at market value) (SDR), annual growth rate 5.94 % change on previous year (2024)
- Total reserves (gold at market value) (SDR), per capita 4,489 SDR per person (2024)
Frequently asked questions
- What is total reserves in months of imports in Barbados?
- Total reserves in months of imports in Barbados was 1.26 in 2017, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest total reserves in months of imports recorded in Barbados?
- The highest recorded value was 5.29 in 2001.
- What is the lowest total reserves in months of imports recorded in Barbados?
- The lowest recorded value was 1.15 in 1991.
- How does Barbados rank for total reserves in months of imports?
- Barbados ranks 157th out of 178 countries with data for 2017.
- Is total reserves in months of imports rising or falling in Barbados?
- Over the last ten years it is down 66.3%. The long-run trend across the full record is rising.
- Where does this Barbados data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Total reserves in months of imports. Statizoid updates them automatically from the source API.
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About this data
Reserve assets are external assets, including monetary gold, that are readily available to and controlled by monetary authorities for meeting balance of payments financing needs, for intervention in exchange markets to affect the currency exchange rate, and for other related purposes (such as maintaining confidence in the currency and the economy, and serving as a basis for foreign borrowing). Reserve assets must be denominated and settled in foreign currency. This item is expressed in terms of the number of months of imports of goods and services they could pay for [X/(Imports/12)].