Primary income payments (BoP, current US$) in Barbados
Barbados: Primary income payments (BoP, current US$) was 326.20 million BoP, current US$ in 2017. ◆ Volatile
Latest (2017)
326.20 million BoP, current US$
Change on year
down 61.1%
World rank
154th
of 200 countries
All-time high
839.46 million BoP, current US$
in 2016
All-time low
3.81 million BoP, current US$
in 1976
Years of data
51
1967–2017
Primary income payments in Barbados, 1967–2017
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Barbados recorded 326.20 million BoP, current US$ for primary income payments in 2017.
That represents a change of down 61.1% on the previous year and down 27.3% over ten years.
Over the whole period, primary income payments in Barbados peaked at 839.46 million BoP, current US$ in 2016 and was at its lowest, 3.81 million BoP, current US$, in 1976.
Barbados ranks 154th of 200 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Primary income payments (BoP, current US$) in Barbados, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1967 | 4.17 million BoP, current US$ | — |
| 1968 | 4.65 million BoP, current US$ | +11.4% |
| 1969 | 5.39 million BoP, current US$ | +15.9% |
| 1970 | 7.09 million BoP, current US$ | +31.6% |
| 1971 | 8.21 million BoP, current US$ | +15.8% |
| 1972 | 9.87 million BoP, current US$ | +20.2% |
| 1973 | 11.83 million BoP, current US$ | +19.9% |
| 1974 | 3.94 million BoP, current US$ | -66.7% |
| 1975 | 5.54 million BoP, current US$ | +40.5% |
| 1976 | 3.81 million BoP, current US$ | -31.3% |
| 1977 | 5.14 million BoP, current US$ | +35.1% |
| 1978 | 5.37 million BoP, current US$ | +4.4% |
| 1979 | 9.74 million BoP, current US$ | +81.5% |
| 1980 | 22.98 million BoP, current US$ | +135.8% |
| 1981 | 32.98 million BoP, current US$ | +43.5% |
| 1982 | 37.09 million BoP, current US$ | +12.5% |
| 1983 | 42.85 million BoP, current US$ | +15.5% |
| 1984 | 51.67 million BoP, current US$ | +20.6% |
| 1985 | 53.30 million BoP, current US$ | +3.2% |
| 1986 | 73.74 million BoP, current US$ | +38.4% |
| 1987 | 80.60 million BoP, current US$ | +9.3% |
| 1988 | 82.56 million BoP, current US$ | +2.4% |
| 1989 | 75.73 million BoP, current US$ | -8.3% |
| 1990 | 99.12 million BoP, current US$ | +30.9% |
| 1991 | 98.76 million BoP, current US$ | -0.4% |
| 1992 | 87.11 million BoP, current US$ | -11.8% |
| 1993 | 101.71 million BoP, current US$ | +16.8% |
| 1994 | 109.06 million BoP, current US$ | +7.2% |
| 1995 | 123.43 million BoP, current US$ | +13.2% |
| 1996 | 140.81 million BoP, current US$ | +14.1% |
| 1997 | 131.88 million BoP, current US$ | -6.3% |
| 1998 | 150.10 million BoP, current US$ | +13.8% |
| 1999 | 166.46 million BoP, current US$ | +10.9% |
| 2000 | 185.69 million BoP, current US$ | +11.6% |
| 2001 | 209.56 million BoP, current US$ | +12.9% |
| 2002 | 226.42 million BoP, current US$ | +8.0% |
| 2003 | 242.62 million BoP, current US$ | +7.2% |
| 2004 | 293.24 million BoP, current US$ | +20.9% |
| 2005 | 320.15 million BoP, current US$ | +9.2% |
| 2006 | 488.99 million BoP, current US$ | +52.7% |
| 2007 | 448.95 million BoP, current US$ | -8.2% |
| 2008 | 426.31 million BoP, current US$ | -5.0% |
| 2009 | 518.19 million BoP, current US$ | +21.6% |
| 2010 | 374.22 million BoP, current US$ | -27.8% |
| 2011 | 467.34 million BoP, current US$ | +24.9% |
| 2012 | 524.48 million BoP, current US$ | +12.2% |
| 2013 | 497.56 million BoP, current US$ | -5.1% |
| 2014 | 769.14 million BoP, current US$ | +54.6% |
| 2015 | 502.97 million BoP, current US$ | -34.6% |
| 2016 | 839.46 million BoP, current US$ | +66.9% |
| 2017 | 326.20 million BoP, current US$ | -61.1% |
Barbados compared with similar countries
- Barbados's 326.20 million BoP, current US$ is below the median for high income countries, which is 14.99 billion BoP, current US$, 2% of the median. (72 countries reporting)
- Barbados's 326.20 million BoP, current US$ is below the median for Latin America & Caribbean, which is 1.93 billion BoP, current US$, 17% of the median. (37 countries reporting)
Biggest year-on-year movements
Years where Primary income payments (BoP, current US$) 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 |
|---|---|---|---|
| 1980 | +135.8% | 9.74 million BoP, current US$ | 22.98 million BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 4.74 million BoP, current US$ | 4.17 million BoP, current US$ | 5.39 million BoP, current US$ | 3 |
| 1970s | 7.05 million BoP, current US$ | 3.81 million BoP, current US$ | 11.83 million BoP, current US$ | 10 |
| 1980s | 55.35 million BoP, current US$ | 22.98 million BoP, current US$ | 82.56 million BoP, current US$ | 10 |
| 1990s | 120.84 million BoP, current US$ | 87.11 million BoP, current US$ | 166.46 million BoP, current US$ | 10 |
| 2000s | 336.01 million BoP, current US$ | 185.69 million BoP, current US$ | 518.19 million BoP, current US$ | 10 |
| 2010s | 537.67 million BoP, current US$ | 326.20 million BoP, current US$ | 839.46 million BoP, current US$ | 8 |
Countries ranked near Barbados
- 151 East Timor 364.43 million BoP, current US$ compare
- 152 Kyrgyzstan 363.91 million BoP, current US$ compare
- 153 Nepal 357.29 million BoP, current US$ compare
- 155 Saint Lucia 290.12 million BoP, current US$ compare
- 156 Malawi 281.01 million BoP, current US$ compare
- 157 Mauritania 271.99 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 primary income payments in Barbados?
- Primary income payments in Barbados was 326.20 million BoP, current US$ in 2017, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest primary income payments recorded in Barbados?
- The highest recorded value was 839.46 million BoP, current US$ in 2016.
- What is the lowest primary income payments recorded in Barbados?
- The lowest recorded value was 3.81 million BoP, current US$ in 1976.
- How does Barbados rank for primary income payments?
- Barbados ranks 154th out of 200 countries with data for 2017.
- Is primary income payments rising or falling in Barbados?
- Over the last ten years it is down 27.3%. 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 Primary income payments (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Primary income payments refer to employee compensation paid to nonresident workers and investment income (payments on direct investment, portfolio investment, other investments).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.