Current account balance (BoP, current US$) in Barbados
Barbados: Current account balance (BoP, current US$) was -296.40 million BoP, current US$ in 2017. ◆ Volatile
Current account balance in Barbados, 1967–2017
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for current account balance in Barbados is -296.40 million BoP, current US$, measured in 2017.
Compared with earlier readings it is up 34.5% on the previous year and up 14.7% over ten years.
Over the whole period, current account balance in Barbados peaked at 146.17 million BoP, current US$ in 1992 and was at its lowest, -645.56 million BoP, current US$, in 2014.
Barbados ranks 104th of 200 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance (BoP, current US$) in Barbados, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1967 | -18.26 million BoP, current US$ | — |
| 1968 | -26.39 million BoP, current US$ | +44.5% |
| 1969 | -39.58 million BoP, current US$ | +50.0% |
| 1970 | -46.20 million BoP, current US$ | +16.7% |
| 1971 | -42.47 million BoP, current US$ | -8.1% |
| 1972 | -46.48 million BoP, current US$ | +9.5% |
| 1973 | -50.48 million BoP, current US$ | +8.6% |
| 1974 | -57.66 million BoP, current US$ | +14.2% |
| 1975 | -46.17 million BoP, current US$ | -19.9% |
| 1976 | -69.86 million BoP, current US$ | +51.3% |
| 1977 | -47.47 million BoP, current US$ | -32.1% |
| 1978 | -23.65 million BoP, current US$ | -50.2% |
| 1979 | -42.12 million BoP, current US$ | +78.1% |
| 1980 | -61.04 million BoP, current US$ | +44.9% |
| 1981 | -132.04 million BoP, current US$ | +116.3% |
| 1982 | -79.73 million BoP, current US$ | -39.6% |
| 1983 | -87.65 million BoP, current US$ | +9.9% |
| 1984 | -32.79 million BoP, current US$ | -62.6% |
| 1985 | -5.28 million BoP, current US$ | -83.9% |
| 1986 | 40.38 million BoP, current US$ | -865.1% |
| 1987 | -7.65 million BoP, current US$ | -118.9% |
| 1988 | 55.55 million BoP, current US$ | -826.1% |
| 1989 | 29.01 million BoP, current US$ | -47.8% |
| 1990 | -7.13 million BoP, current US$ | -124.6% |
| 1991 | -19.48 million BoP, current US$ | +173.2% |
| 1992 | 146.17 million BoP, current US$ | -850.4% |
| 1993 | 85.05 million BoP, current US$ | -41.8% |
| 1994 | 134.09 million BoP, current US$ | +57.7% |
| 1995 | 936,486 BoP, current US$ | -99.3% |
| 1996 | 140.86 million BoP, current US$ | +14941.8% |
| 1997 | -80.15 million BoP, current US$ | -156.9% |
| 1998 | -106.18 million BoP, current US$ | +32.5% |
| 1999 | -132.28 million BoP, current US$ | +24.6% |
| 2000 | -102.19 million BoP, current US$ | -22.8% |
| 2001 | -111.24 million BoP, current US$ | +8.9% |
| 2002 | -144.80 million BoP, current US$ | +30.2% |
| 2003 | -188.20 million BoP, current US$ | +30.0% |
| 2004 | -437.24 million BoP, current US$ | +132.3% |
| 2005 | -495.74 million BoP, current US$ | +13.4% |
| 2006 | -442.37 million BoP, current US$ | -10.8% |
| 2007 | -347.37 million BoP, current US$ | -21.5% |
| 2008 | -431.91 million BoP, current US$ | +24.3% |
| 2009 | -381.05 million BoP, current US$ | -11.8% |
| 2010 | -272.35 million BoP, current US$ | -28.5% |
| 2011 | -173.61 million BoP, current US$ | -36.3% |
| 2012 | -448.50 million BoP, current US$ | +158.3% |
| 2013 | -252.49 million BoP, current US$ | -43.7% |
| 2014 | -645.56 million BoP, current US$ | +155.7% |
| 2015 | -98.73 million BoP, current US$ | -84.7% |
| 2016 | -452.39 million BoP, current US$ | +358.2% |
| 2017 | -296.40 million BoP, current US$ | -34.5% |
Barbados compared with similar countries
- Barbados's -296.40 million BoP, current US$ is below the median for high income countries, which is 194.40 million BoP, current US$. (72 countries reporting)
- Barbados's -296.40 million BoP, current US$ is below the median for Latin America & Caribbean, which is -274.97 million BoP, current US$, 1.1× the median. (37 countries reporting)
Biggest year-on-year movements
Years where Current account balance (BoP, current US$) 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 |
|---|---|---|---|
| 1996 | +14941.8% | 936,486 BoP, current US$ | 140.86 million BoP, current US$ |
| 1986 | +865.1% | -5.28 million BoP, current US$ | 40.38 million BoP, current US$ |
| 1992 | +850.4% | -19.48 million BoP, current US$ | 146.17 million BoP, current US$ |
| 1988 | +826.1% | -7.65 million BoP, current US$ | 55.55 million BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | -28.07 million BoP, current US$ | -39.58 million BoP, current US$ | -18.26 million BoP, current US$ | 3 |
| 1970s | -47.26 million BoP, current US$ | -69.86 million BoP, current US$ | -23.65 million BoP, current US$ | 10 |
| 1980s | -28.12 million BoP, current US$ | -132.04 million BoP, current US$ | 55.55 million BoP, current US$ | 10 |
| 1990s | 16.19 million BoP, current US$ | -132.28 million BoP, current US$ | 146.17 million BoP, current US$ | 10 |
| 2000s | -308.21 million BoP, current US$ | -495.74 million BoP, current US$ | -102.19 million BoP, current US$ | 10 |
| 2010s | -330.00 million BoP, current US$ | -645.56 million BoP, current US$ | -98.73 million BoP, current US$ | 8 |
Countries ranked near Barbados
- 101 Bangladesh -203.16 million BoP, current US$ compare
- 102 Dominica -274.97 million BoP, current US$ compare
- 103 Antigua and Barbuda -281.35 million BoP, current US$ compare
- 105 Grenada -328.50 million BoP, current US$ compare
- 106 Equatorial Guinea -344.04 million BoP, current US$ compare
- 107 Syria -367.39 million BoP, current US$ compare
More economy & growth data for Barbados
- Real gdp growth, annual growth rate 85.61 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate -64.37 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.002 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 55.55 units per person (2025)
- SDRs holdings, SDR, annual growth rate -66.07 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0014 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 40.56 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -18.55 % change on previous year (2025)
Frequently asked questions
- What is current account balance in Barbados?
- Current account balance in Barbados was -296.40 million BoP, current US$ in 2017, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest current account balance recorded in Barbados?
- The highest recorded value was 146.17 million BoP, current US$ in 1992.
- What is the lowest current account balance recorded in Barbados?
- The lowest recorded value was -645.56 million BoP, current US$ in 2014.
- How does Barbados rank for current account balance?
- Barbados ranks 104th out of 200 countries with data for 2017.
- Is current account balance rising or falling in Barbados?
- Over the last ten years it is up 14.7%. The long-run trend across the full record is volatile.
- Where does this Barbados data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Current account balance (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Balance of current transactions (transactions in goods and services, earned income and transfer income) between residents and non-residents. The term current account balance is used in the external accounts and is expressed from the perspective of resident units. The term current external balance is used in the national accounts and is expressed from the perspective of the non-resident units, and therefore with the opposite sign. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.