Current account balance (BoP, current US$), annual growth rate in Barbados
Barbados: Current account balance (BoP, current US$), annual growth rate was 34.48 % change on previous year in 2017. ◆ Volatile
Latest (2017)
34.48 % change on previous year
Change on year
up 109.6%
World rank
52nd
of 198 countries
All-time high
865.12 % change on previous year
in 1986
All-time low
-358.2 % change on previous year
in 2016
Years of data
49
1968–2017
Current account balance (BoP, current US$), annual growth rate in Barbados, 1968–2017
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2017, current account balance (bop, current us$), annual growth rate in Barbados stood at 34.48 % change on previous year.
The figure is up 109.6% on the previous year and up 60.6% over ten years.
Over the whole period, current account balance (bop, current us$), annual growth rate in Barbados peaked at 865.12 % change on previous year in 1986 and was at its lowest, -358.2 % change on previous year, in 2016.
Barbados ranks 52nd of 198 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance (BoP, current US$), annual growth rate in Barbados, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1968 | -44.51 % change on previous year | — |
| 1969 | -49.99 % change on previous year | +12.3% |
| 1970 | -16.74 % change on previous year | -66.5% |
| 1971 | 8.09 % change on previous year | -148.3% |
| 1972 | -9.45 % change on previous year | -216.9% |
| 1973 | -8.61 % change on previous year | -9.0% |
| 1974 | -14.23 % change on previous year | +65.4% |
| 1975 | 19.93 % change on previous year | -240.0% |
| 1976 | -51.32 % change on previous year | -357.5% |
| 1977 | 32.06 % change on previous year | -162.5% |
| 1978 | 50.18 % change on previous year | +56.5% |
| 1979 | -78.14 % change on previous year | -255.7% |
| 1980 | -44.91 % change on previous year | -42.5% |
| 1981 | -116.31 % change on previous year | +159.0% |
| 1982 | 39.62 % change on previous year | -134.1% |
| 1983 | -9.93 % change on previous year | -125.1% |
| 1984 | 62.59 % change on previous year | -730.6% |
| 1985 | 83.9 % change on previous year | +34.1% |
| 1986 | 865.12 % change on previous year | +931.1% |
| 1987 | -118.94 % change on previous year | -113.7% |
| 1988 | 826.08 % change on previous year | -794.5% |
| 1989 | -47.77 % change on previous year | -105.8% |
| 1990 | -124.58 % change on previous year | +160.8% |
| 1991 | -173.2 % change on previous year | +39.0% |
| 1992 | 850.37 % change on previous year | -591.0% |
| 1993 | -41.81 % change on previous year | -104.9% |
| 1994 | 57.65 % change on previous year | -237.9% |
| 1995 | -99.3 % change on previous year | -272.2% |
| 1997 | -156.9 % change on previous year | +58.0% |
| 1998 | -32.48 % change on previous year | -79.3% |
| 1999 | -24.58 % change on previous year | -24.3% |
| 2000 | 22.75 % change on previous year | -192.6% |
| 2001 | -8.86 % change on previous year | -139.0% |
| 2002 | -30.16 % change on previous year | +240.3% |
| 2003 | -29.98 % change on previous year | -0.6% |
| 2004 | -132.32 % change on previous year | +341.4% |
| 2005 | -13.38 % change on previous year | -89.9% |
| 2006 | 10.77 % change on previous year | -180.5% |
| 2007 | 21.48 % change on previous year | +99.5% |
| 2008 | -24.34 % change on previous year | -213.3% |
| 2009 | 11.78 % change on previous year | -148.4% |
| 2010 | 28.53 % change on previous year | +142.2% |
| 2011 | 36.25 % change on previous year | +27.1% |
| 2012 | -158.33 % change on previous year | -536.7% |
| 2013 | 43.7 % change on previous year | -127.6% |
| 2014 | -155.68 % change on previous year | -456.2% |
| 2015 | 84.71 % change on previous year | -154.4% |
| 2016 | -358.2 % change on previous year | -522.9% |
| 2017 | 34.48 % change on previous year | -109.6% |
Barbados compared with similar countries
- Barbados's 34.48 % change on previous year is above the median for high income countries, which is 1.97 % change on previous year, 17.5× the median. (71 countries reporting)
- Barbados's 34.48 % change on previous year is above the median for Latin America & Caribbean, which is -3.31 % change on previous year. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | -47.25 % change on previous year | -49.99 % change on previous year | -44.51 % change on previous year | 2 |
| 1970s | -6.82 % change on previous year | -78.14 % change on previous year | 50.18 % change on previous year | 10 |
| 1980s | 153.94 % change on previous year | -118.94 % change on previous year | 865.12 % change on previous year | 10 |
| 1990s | 28.35 % change on previous year | -173.2 % change on previous year | 850.37 % change on previous year | 9 |
| 2000s | -17.23 % change on previous year | -132.32 % change on previous year | 22.75 % change on previous year | 10 |
| 2010s | -55.57 % change on previous year | -358.2 % change on previous year | 84.71 % change on previous year | 8 |
Countries ranked near Barbados
- 49 Bhutan 36.44 % change on previous year compare
- 50 Samoa 36.12 % change on previous year compare
- 51 Faroe Islands 34.68 % change on previous year compare
- 53 Laos 31.36 % change on previous year compare
- 54 Tunisia 30.19 % change on previous year compare
- 55 South Africa 29.96 % change on previous year compare
More economy & growth data for Barbados
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.99 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 18.57 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0024 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 65.74 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 303.06 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 34.75 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0399 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,073 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 2.97 % change on previous year (2024)
Frequently asked questions
- What is current account balance (bop, current us$), annual growth rate in Barbados?
- Current account balance (bop, current us$), annual growth rate in Barbados was 34.48 % change on previous year in 2017, according to Statizoid (derived).
- What is the highest current account balance (bop, current us$), annual growth rate recorded in Barbados?
- The highest recorded value was 865.12 % change on previous year in 1986.
- What is the lowest current account balance (bop, current us$), annual growth rate recorded in Barbados?
- The lowest recorded value was -358.2 % change on previous year in 2016.
- How does Barbados rank for current account balance (bop, current us$), annual growth rate?
- Barbados ranks 52nd out of 198 countries with data for 2017.
- Is current account balance (bop, current us$), annual growth rate rising or falling in Barbados?
- Over the last ten years it is up 60.6%. The long-run trend across the full record is volatile.
- Where does this Barbados data come from?
- The figures come from Statizoid (derived), published as part of Current account balance (BoP, current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 49 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Current account balance (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Current account balance Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Current account balance (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.