Current account balance in Barbados
Barbados: Current account balance was -296.40 million BoP, current US$ in 2017. ◆ Volatile
Current account balance in Barbados, 1967–2017
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for current account balance in Barbados is -296.40 million BoP, current US$, measured in 2017.
Compared with earlier readings it is up 34.5% on the previous year and up 14.7% over ten years.
Over the whole period, current account balance in Barbados peaked at 146.17 million BoP, current US$ in 1992 and was at its lowest, -645.56 million BoP, current US$, in 2014.
Barbados ranks 103rd of 199 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | -28.07 million BoP, current US$ | -39.58 million BoP, current US$ | -18.26 million BoP, current US$ | 3 |
| 1970s | -47.26 million BoP, current US$ | -69.86 million BoP, current US$ | -23.65 million BoP, current US$ | 10 |
| 1980s | -28.12 million BoP, current US$ | -132.04 million BoP, current US$ | 55.55 million BoP, current US$ | 10 |
| 1990s | 16.19 million BoP, current US$ | -132.28 million BoP, current US$ | 146.17 million BoP, current US$ | 10 |
| 2000s | -308.21 million BoP, current US$ | -495.74 million BoP, current US$ | -102.19 million BoP, current US$ | 10 |
| 2010s | -330.00 million BoP, current US$ | -645.56 million BoP, current US$ | -98.73 million BoP, current US$ | 8 |
Countries ranked near Barbados
- 100 Bangladesh -239.44 million BoP, current US$ compare
- 101 Dominica -274.97 million BoP, current US$ compare
- 102 Antigua and Barbuda -281.35 million BoP, current US$ compare
- 104 Grenada -328.50 million BoP, current US$ compare
- 105 Equatorial Guinea -344.04 million BoP, current US$ compare
- 106 Syria -367.39 million BoP, current US$ compare
More economy & growth data for Barbados
- Manufacturing, value added 376.05 million current US$ (2024)
- Agriculture, forestry, and fishing, value added 92.53 million constant 2015 US$ (2024)
- Agriculture, forestry, and fishing, value added -4.2% (2024)
- Agriculture, forestry, and fishing, value added 228.57 million constant LCU (2024)
- GDP 15.34 billion constant LCU (2025)
- GDP growth 2.7% (2025)
- Manufacturing, value added 321.87 million constant 2015 US$ (2024)
- Manufacturing, value added 4.9% (2024)
- Manufacturing, value added 747.19 million constant LCU (2024)
- Agriculture, forestry, and fishing, value added 236.25 million current LCU (2024)
Frequently asked questions
- What is current account balance in Barbados?
- Current account balance in Barbados was -296.40 million BoP, current US$ in 2017, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest current account balance recorded in Barbados?
- The highest recorded value was 146.17 million BoP, current US$ in 1992.
- What is the lowest current account balance recorded in Barbados?
- The lowest recorded value was -645.56 million BoP, current US$ in 2014.
- How does Barbados rank for current account balance?
- Barbados ranks 103rd out of 199 countries with data for 2017.
- Is current account balance rising or falling in Barbados?
- Over the last ten years it is up 14.7%. 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 Current account balance (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Balance of current transactions (transactions in goods and services, earned income and transfer income) between residents and non-residents. The term current account balance is used in the external accounts and is expressed from the perspective of resident units. The term current external balance is used in the national accounts and is expressed from the perspective of the non-resident units, and therefore with the opposite sign. 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.