Primary income receipts in Barbados
Barbados: Primary income receipts was 73.13 million BoP, current US$ in 2017. ◆ Volatile
Latest (2017)
73.13 million BoP, current US$
Change on year
down 71.6%
World rank
165th
of 199 countries
All-time high
455.93 million BoP, current US$
in 2011
All-time low
5.40 million BoP, current US$
in 1968
Years of data
51
1967–2017
Primary income receipts in Barbados, 1967–2017
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2017, primary income receipts in Barbados stood at 73.13 million BoP, current US$.
The figure is down 71.6% on the previous year and down 62.5% over ten years.
Over the whole period, primary income receipts in Barbados peaked at 455.93 million BoP, current US$ in 2011 and was at its lowest, 5.40 million BoP, current US$, in 1968.
Barbados ranks 165th of 199 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Primary income receipts in Barbados, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1967 | 6.00 million BoP, current US$ | — |
| 1968 | 5.40 million BoP, current US$ | -10.1% |
| 1969 | 6.67 million BoP, current US$ | +23.6% |
| 1970 | 8.33 million BoP, current US$ | +24.9% |
| 1971 | 8.89 million BoP, current US$ | +6.7% |
| 1972 | 9.37 million BoP, current US$ | +5.4% |
| 1973 | 12.30 million BoP, current US$ | +31.3% |
| 1974 | 10.02 million BoP, current US$ | -18.5% |
| 1975 | 11.57 million BoP, current US$ | +15.5% |
| 1976 | 11.28 million BoP, current US$ | -2.5% |
| 1977 | 10.83 million BoP, current US$ | -3.9% |
| 1978 | 13.53 million BoP, current US$ | +24.9% |
| 1979 | 15.87 million BoP, current US$ | +17.3% |
| 1980 | 26.45 million BoP, current US$ | +66.6% |
| 1981 | 31.80 million BoP, current US$ | +20.2% |
| 1982 | 29.95 million BoP, current US$ | -5.8% |
| 1983 | 26.20 million BoP, current US$ | -12.5% |
| 1984 | 36.15 million BoP, current US$ | +38.0% |
| 1985 | 24.40 million BoP, current US$ | -32.5% |
| 1986 | 44.56 million BoP, current US$ | +82.6% |
| 1987 | 46.92 million BoP, current US$ | +5.3% |
| 1988 | 45.28 million BoP, current US$ | -3.5% |
| 1989 | 47.50 million BoP, current US$ | +4.9% |
| 1990 | 44.45 million BoP, current US$ | -6.4% |
| 1991 | 47.05 million BoP, current US$ | +5.8% |
| 1992 | 48.45 million BoP, current US$ | +3.0% |
| 1993 | 51.05 million BoP, current US$ | +5.4% |
| 1994 | 58.00 million BoP, current US$ | +13.6% |
| 1995 | 57.75 million BoP, current US$ | -0.4% |
| 1996 | 65.35 million BoP, current US$ | +13.2% |
| 1997 | 69.45 million BoP, current US$ | +6.3% |
| 1998 | 75.60 million BoP, current US$ | +8.9% |
| 1999 | 80.60 million BoP, current US$ | +6.6% |
| 2000 | 84.80 million BoP, current US$ | +5.2% |
| 2001 | 87.60 million BoP, current US$ | +3.3% |
| 2002 | 89.22 million BoP, current US$ | +1.8% |
| 2003 | 93.15 million BoP, current US$ | +4.4% |
| 2004 | 111.03 million BoP, current US$ | +19.2% |
| 2005 | 135.26 million BoP, current US$ | +21.8% |
| 2006 | 131.44 million BoP, current US$ | -2.8% |
| 2007 | 194.86 million BoP, current US$ | +48.3% |
| 2008 | 271.19 million BoP, current US$ | +39.2% |
| 2009 | 271.05 million BoP, current US$ | -0.1% |
| 2010 | 237.84 million BoP, current US$ | -12.3% |
| 2011 | 455.93 million BoP, current US$ | +91.7% |
| 2012 | 211.43 million BoP, current US$ | -53.6% |
| 2013 | 297.66 million BoP, current US$ | +40.8% |
| 2014 | 71.81 million BoP, current US$ | -75.9% |
| 2015 | 280.30 million BoP, current US$ | +290.3% |
| 2016 | 257.43 million BoP, current US$ | -8.2% |
| 2017 | 73.13 million BoP, current US$ | -71.6% |
Barbados compared with similar countries
- Barbados's 73.13 million BoP, current US$ is below the median for high income countries, which is 11.49 billion BoP, current US$, 1% of the median. (72 countries reporting)
- Barbados's 73.13 million BoP, current US$ is below the median for Latin America & Caribbean, which is 377.30 million BoP, current US$, 19% of the median. (37 countries reporting)
Biggest year-on-year movements
Years where Primary income receipts in Barbados changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2015 | +290.3% | 71.81 million BoP, current US$ | 280.30 million BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 6.02 million BoP, current US$ | 5.40 million BoP, current US$ | 6.67 million BoP, current US$ | 3 |
| 1970s | 11.20 million BoP, current US$ | 8.33 million BoP, current US$ | 15.87 million BoP, current US$ | 10 |
| 1980s | 35.92 million BoP, current US$ | 24.40 million BoP, current US$ | 47.50 million BoP, current US$ | 10 |
| 1990s | 59.77 million BoP, current US$ | 44.45 million BoP, current US$ | 80.60 million BoP, current US$ | 10 |
| 2000s | 146.96 million BoP, current US$ | 84.80 million BoP, current US$ | 271.19 million BoP, current US$ | 10 |
| 2010s | 235.69 million BoP, current US$ | 71.81 million BoP, current US$ | 455.93 million BoP, current US$ | 8 |
Countries ranked near Barbados
- 162 Guinea-Bissau 82.04 million BoP, current US$ compare
- 163 Seychelles 78.31 million BoP, current US$ compare
- 164 Gambia 73.85 million BoP, current US$ compare
- 166 Liberia 71.16 million BoP, current US$ compare
- 167 Tonga 70.05 million BoP, current US$ compare
- 168 Solomon Islands 68.94 million BoP, current US$ 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 18.57 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0024 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 65.74 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 303.06 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 34.75 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0399 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,073 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 2.97 % change on previous year (2024)
Frequently asked questions
- What is primary income receipts in Barbados?
- Primary income receipts in Barbados was 73.13 million BoP, current US$ in 2017, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest primary income receipts recorded in Barbados?
- The highest recorded value was 455.93 million BoP, current US$ in 2011.
- What is the lowest primary income receipts recorded in Barbados?
- The lowest recorded value was 5.40 million BoP, current US$ in 1968.
- How does Barbados rank for primary income receipts?
- Barbados ranks 165th out of 199 countries with data for 2017.
- Is primary income receipts rising or falling in Barbados?
- Over the last ten years it is down 62.5%. 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 receipts (BoP, current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 51 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Primary income receipts refer to employee compensation paid to resident workers working abroad and investment income (receipts on direct investment, portfolio investment, other investments, and receipts on reserve assets). 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.