Net secondary income in Barbados
Barbados: Net secondary income was -58.40 million BoP, current US$ in 2017. ◆ Volatile
Net secondary income in Barbados, 1967–2017
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2017, net secondary income in Barbados stood at -58.40 million BoP, current US$.
That represents a change of down 38.2% on the previous year and down 444.3% over ten years.
Over the whole period, net secondary income in Barbados peaked at 72.87 million BoP, current US$ in 2003 and was at its lowest, -82.78 million BoP, current US$, in 2008.
Barbados ranks 144th of 199 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 3.41 million BoP, current US$ | 2.68 million BoP, current US$ | 4.27 million BoP, current US$ | 3 |
| 1970s | 5.96 million BoP, current US$ | -3.60 million BoP, current US$ | 19.84 million BoP, current US$ | 10 |
| 1980s | 12.37 million BoP, current US$ | -1.86 million BoP, current US$ | 26.04 million BoP, current US$ | 10 |
| 1990s | 17.06 million BoP, current US$ | -4.42 million BoP, current US$ | 42.96 million BoP, current US$ | 10 |
| 2000s | 6.24 million BoP, current US$ | -82.78 million BoP, current US$ | 72.87 million BoP, current US$ | 10 |
| 2010s | -21.45 million BoP, current US$ | -60.37 million BoP, current US$ | 19.57 million BoP, current US$ | 8 |
Countries ranked near Barbados
- 141 Seychelles -21.17 million BoP, current US$ compare
- 142 Curaçao, Kingdom of the Netherlands -24.18 million BoP, current US$ compare
- 143 Andorra, Principality of -58.20 million BoP, current US$
- 145 Grenada -63.64 million BoP, current US$ compare
- 146 Aruba, Kingdom of the Netherlands -77.68 million BoP, current US$ compare
- 147 Turks and Caicos Islands -78.01 million BoP, current US$
More economy & growth data for Barbados
- Inflation of consumer prices 0.8466 (2025)
- Gdp per capita worldbank constant usd 23,014 (2025)
- Manufacturing value added to gdp 4.95 (2024)
- Gdp worldbank constant usd 6.50 billion (2025)
- Gdp per capita in international and market dollars 23,014 (2025)
- DEC alternative conversion factor 2 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 181.00 million current LCU (2025)
- Net secondary income (Net current transfers from abroad) 90.50 million current US$ (2025)
- Taxes less subsidies on products 1.67 billion current LCU (2025)
- Taxes less subsidies on products 833.40 million current US$ (2025)
Frequently asked questions
- What is net secondary income in Barbados?
- Net secondary income in Barbados was -58.40 million BoP, current US$ in 2017, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net secondary income recorded in Barbados?
- The highest recorded value was 72.87 million BoP, current US$ in 2003.
- What is the lowest net secondary income recorded in Barbados?
- The lowest recorded value was -82.78 million BoP, current US$ in 2008.
- How does Barbados rank for net secondary income?
- Barbados ranks 144th out of 199 countries with data for 2017.
- Is net secondary income 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 Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net secondary income (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Net secondary income (from abroad) comprises transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net secondary income is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. 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.