Net secondary income (Net current transfers from abroad) in Barbados
Barbados: Net secondary income (Net current transfers from abroad) was 77.78 million constant LCU in 2002. ◆ Volatile
Net secondary income (Net current transfers from abroad) in Barbados, 1992–2002
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.
Analysis
Barbados recorded 77.78 million constant LCU for net secondary income (net current transfers from abroad) in 2002. That is the highest value across all 11 years on record.
The figure is up 52.8% on the previous year and up 225.8% over ten years.
Over the whole period, net secondary income (net current transfers from abroad) in Barbados peaked at 77.78 million constant LCU in 2002 and was at its lowest, 9.04 million constant LCU, in 1993.
Barbados ranks 92nd of 125 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.
Net secondary income (Net current transfers from abroad) in Barbados, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1992 | 23.87 million constant LCU | — |
| 1993 | 9.04 million constant LCU | -62.1% |
| 1994 | 20.08 million constant LCU | +122.2% |
| 1995 | 17.97 million constant LCU | -10.5% |
| 1996 | 20.38 million constant LCU | +13.4% |
| 1997 | 23.26 million constant LCU | +14.1% |
| 1998 | 25.11 million constant LCU | +8.0% |
| 1999 | 38.92 million constant LCU | +55.0% |
| 2000 | 35.39 million constant LCU | -9.1% |
| 2001 | 50.91 million constant LCU | +43.8% |
| 2002 | 77.78 million constant LCU | +52.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 22.33 million constant LCU | 9.04 million constant LCU | 38.92 million constant LCU | 8 |
| 2000s | 54.69 million constant LCU | 35.39 million constant LCU | 77.78 million constant LCU | 3 |
Countries ranked near Barbados
- 89 Panama 167.11 million constant LCU compare
- 90 Trinidad and Tobago 154.64 million constant LCU compare
- 91 Turkmenistan 133.65 million constant LCU compare
- 93 Montenegro 70.34 million constant LCU
- 94 Belize 65.77 million constant LCU compare
- 95 Bahamas 29.58 million constant LCU 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)
- Gross value added at basic prices (GVA) (current LCU), annual growth 5.52 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 1.79 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 50,832 current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 2.7 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.7349 constant 2015 US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 20,846 constant 2015 US$ per person (2025)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 2.7 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 1.71 constant LCU per US$ of GDP (2025)
Frequently asked questions
- What is net secondary income (net current transfers from abroad) in Barbados?
- Net secondary income (net current transfers from abroad) in Barbados was 77.78 million constant LCU in 2002, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest net secondary income (net current transfers from abroad) recorded in Barbados?
- The highest recorded value was 77.78 million constant LCU in 2002.
- What is the lowest net secondary income (net current transfers from abroad) recorded in Barbados?
- The lowest recorded value was 9.04 million constant LCU in 1993.
- How does Barbados rank for net secondary income (net current transfers from abroad)?
- Barbados ranks 92nd out of 125 countries with data for 2002.
- Is net secondary income (net current transfers from abroad) rising or falling in Barbados?
- Over the last ten years it is up 225.8%. The long-run trend across the full record is volatile.
- Where does this Barbados data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Net secondary income (Net current transfers from abroad) (constant LCU). 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 constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.