Secondary income, other sectors, payments in Barbados
Barbados: Secondary income, other sectors, payments was 87.47 million BoP, current US$ in 2017. ◆ Volatile
Secondary income, other sectors, payments in Barbados, 1967–2017
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Barbados recorded 87.47 million BoP, current US$ for secondary income, other sectors, payments in 2017.
Compared with earlier readings it is down 51.6% on the previous year and down 53.8% over ten years.
Over the whole period, secondary income, other sectors, payments in Barbados peaked at 240.67 million BoP, current US$ in 2005 and was at its lowest, 814,706 BoP, current US$, in 1967.
That places Barbados 149th out of 197 countries with data for 2017, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Secondary income, other sectors, payments in Barbados, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1967 | 814,706 BoP, current US$ | — |
| 1968 | 1.25 million BoP, current US$ | +53.9% |
| 1969 | 1.47 million BoP, current US$ | +17.4% |
| 1970 | 1.78 million BoP, current US$ | +21.2% |
| 1971 | 1.88 million BoP, current US$ | +5.4% |
| 1972 | 2.11 million BoP, current US$ | +12.0% |
| 1973 | 2.46 million BoP, current US$ | +17.0% |
| 1974 | 10.61 million BoP, current US$ | +330.5% |
| 1975 | 12.14 million BoP, current US$ | +14.4% |
| 1976 | 22.65 million BoP, current US$ | +86.6% |
| 1977 | 13.26 million BoP, current US$ | -41.5% |
| 1978 | 15.59 million BoP, current US$ | +17.5% |
| 1979 | 11.77 million BoP, current US$ | -24.5% |
| 1980 | 15.13 million BoP, current US$ | +28.5% |
| 1981 | 17.97 million BoP, current US$ | +18.8% |
| 1982 | 18.29 million BoP, current US$ | +1.8% |
| 1983 | 17.90 million BoP, current US$ | -2.1% |
| 1984 | 22.52 million BoP, current US$ | +25.8% |
| 1985 | 21.73 million BoP, current US$ | -3.5% |
| 1986 | 23.87 million BoP, current US$ | +9.9% |
| 1987 | 26.62 million BoP, current US$ | +11.5% |
| 1988 | 23.41 million BoP, current US$ | -12.1% |
| 1989 | 35.25 million BoP, current US$ | +50.6% |
| 1990 | 45.86 million BoP, current US$ | +30.1% |
| 1991 | 38.64 million BoP, current US$ | -15.7% |
| 1992 | 40.48 million BoP, current US$ | +4.8% |
| 1993 | 54.80 million BoP, current US$ | +35.4% |
| 1994 | 70.23 million BoP, current US$ | +28.2% |
| 1995 | 74.67 million BoP, current US$ | +6.3% |
| 1996 | 80.32 million BoP, current US$ | +7.6% |
| 1997 | 79.45 million BoP, current US$ | -1.1% |
| 1998 | 80.63 million BoP, current US$ | +1.5% |
| 1999 | 85.03 million BoP, current US$ | +5.5% |
| 2000 | 92.74 million BoP, current US$ | +9.1% |
| 2001 | 99.63 million BoP, current US$ | +7.4% |
| 2002 | 99.99 million BoP, current US$ | +0.4% |
| 2003 | 101.05 million BoP, current US$ | +1.1% |
| 2004 | 128.21 million BoP, current US$ | +26.9% |
| 2005 | 240.67 million BoP, current US$ | +87.7% |
| 2006 | 217.17 million BoP, current US$ | -9.8% |
| 2007 | 189.38 million BoP, current US$ | -12.8% |
| 2008 | 218.37 million BoP, current US$ | +15.3% |
| 2009 | 181.07 million BoP, current US$ | -17.1% |
| 2010 | 172.46 million BoP, current US$ | -4.8% |
| 2011 | 170.77 million BoP, current US$ | -1.0% |
| 2012 | 125.67 million BoP, current US$ | -26.4% |
| 2013 | 143.44 million BoP, current US$ | +14.1% |
| 2014 | 129.42 million BoP, current US$ | -9.8% |
| 2015 | 186.64 million BoP, current US$ | +44.2% |
| 2016 | 180.72 million BoP, current US$ | -3.2% |
| 2017 | 87.47 million BoP, current US$ | -51.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1.18 million BoP, current US$ | 814,706 BoP, current US$ | 1.47 million BoP, current US$ | 3 |
| 1970s | 9.43 million BoP, current US$ | 1.78 million BoP, current US$ | 22.65 million BoP, current US$ | 10 |
| 1980s | 22.27 million BoP, current US$ | 15.13 million BoP, current US$ | 35.25 million BoP, current US$ | 10 |
| 1990s | 65.01 million BoP, current US$ | 38.64 million BoP, current US$ | 85.03 million BoP, current US$ | 10 |
| 2000s | 156.83 million BoP, current US$ | 92.74 million BoP, current US$ | 240.67 million BoP, current US$ | 10 |
| 2010s | 149.57 million BoP, current US$ | 87.47 million BoP, current US$ | 186.64 million BoP, current US$ | 8 |
Countries ranked near Barbados
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)
- GDP (constant 2015 US$), annual growth rate 2.7 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.8114 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 23,014 constant 2015 US$ per person (2025)
- GDP (constant LCU), annual growth rate 2.7 % change on previous year (2025)
- GDP (constant LCU), per unit of GDP 1.91 constant LCU per US$ of GDP (2025)
- GDP (constant LCU), per capita 54,264 constant LCU per person (2025)
- GNI, Atlas method (current US$), annual growth rate 6.82 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 0.9546 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is secondary income, other sectors, payments in Barbados?
- Secondary income, other sectors, payments in Barbados was 87.47 million BoP, current US$ in 2017, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest secondary income, other sectors, payments recorded in Barbados?
- The highest recorded value was 240.67 million BoP, current US$ in 2005.
- What is the lowest secondary income, other sectors, payments recorded in Barbados?
- The lowest recorded value was 814,706 BoP, current US$ in 1967.
- How does Barbados rank for secondary income, other sectors, payments?
- Barbados ranks 149th out of 197 countries with data for 2017.
- Is secondary income, other sectors, payments rising or falling in Barbados?
- Over the last ten years it is down 53.8%. 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 Secondary income, other sectors, payments (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Secondary income refers to transfers recorded in the balance of payments whenever an economy provides or receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. 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.