Personal remittances, received in Barbados
Barbados: Personal remittances, received was 85.18 million current US$ in 2017. ◆ Volatile
Personal remittances, received in Barbados, 1970–2017
Source: IMF balance of payments data, International Monetary Fund (IMF). Measured in current US$.
Analysis
In 2017, personal remittances, received in Barbados stood at 85.18 million current US$.
Compared with earlier readings it is down 45.9% on the previous year and down 38.6% over ten years.
Over the whole period, personal remittances, received in Barbados peaked at 198.04 million current US$ in 2015 and was at its lowest, 4.40 million current US$, in 1970.
That places Barbados 160th out of 195 countries with data for 2017, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 8.34 million current US$ | 4.40 million current US$ | 14.20 million current US$ | 10 |
| 1980s | 15.91 million current US$ | 8.15 million current US$ | 32.00 million current US$ | 10 |
| 1990s | 64.14 million current US$ | 37.90 million current US$ | 98.70 million current US$ | 10 |
| 2000s | 116.53 million current US$ | 87.35 million current US$ | 138.67 million current US$ | 10 |
| 2010s | 150.24 million current US$ | 81.87 million current US$ | 198.04 million current US$ | 8 |
Countries ranked near Barbados
- 157 Solomon Islands 95.18 million current US$ compare
- 158 Mauritania 94.54 million current US$ compare
- 159 Saint Vincent and the Grenadines 88.32 million current US$ compare
- 161 Sao Tome and Principe 80.14 million current US$ compare
- 162 Marshall Islands 66.91 million current US$ compare
- 163 Bahamas 65.93 million current US$ compare
More economy & growth data for Barbados
- Inflation of consumer prices 0.8% (2025)
- GDP per capita 23,014 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 4.9% (2024)
- Gross domestic product (GDP) 6.50 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 23,014 constant 2015 US$ (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 personal remittances, received in Barbados?
- Personal remittances, received in Barbados was 85.18 million current US$ in 2017, according to IMF balance of payments data, International Monetary Fund (IMF).
- What is the highest personal remittances, received recorded in Barbados?
- The highest recorded value was 198.04 million current US$ in 2015.
- What is the lowest personal remittances, received recorded in Barbados?
- The lowest recorded value was 4.40 million current US$ in 1970.
- How does Barbados rank for personal remittances, received?
- Barbados ranks 160th out of 195 countries with data for 2017.
- Is personal remittances, received rising or falling in Barbados?
- Over the last ten years it is down 38.6%. The long-run trend across the full record is volatile.
- Where does this Barbados data come from?
- The figures come from IMF balance of payments data, International Monetary Fund (IMF), published as part of Personal remittances, received (current US$). Statizoid updates them automatically from the source API.
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About this data
Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees. Data are in current U.S. dollars.