Personal remittances, paid in Barbados
Barbados: Personal remittances, paid was 48.76 million current US$ in 2017. ◆ Volatile
Personal remittances, paid in Barbados, 1970–2017
Source: IMF balance of payments data, International Monetary Fund (IMF). Measured in current US$.
Analysis
The most recent figure for personal remittances, paid in Barbados is 48.76 million current US$, measured in 2017.
That represents a change of down 5.5% on the previous year and down 11.8% over ten years.
Over the whole period, personal remittances, paid in Barbados peaked at 63.90 million current US$ in 2013 and was at its lowest, 100,000 current US$, in 1976.
That places Barbados 160th out of 195 countries with data for 2017, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 512,209 current US$ | 100,000 current US$ | 816,651 current US$ | 10 |
| 1980s | 2.01 million current US$ | 500,000 current US$ | 7.00 million current US$ | 10 |
| 1990s | 13.22 million current US$ | 6.25 million current US$ | 20.35 million current US$ | 10 |
| 2000s | 30.76 million current US$ | 18.25 million current US$ | 55.29 million current US$ | 10 |
| 2010s | 53.22 million current US$ | 35.03 million current US$ | 63.90 million current US$ | 8 |
Countries ranked near Barbados
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 personal remittances, paid in Barbados?
- Personal remittances, paid in Barbados was 48.76 million current US$ in 2017, according to IMF balance of payments data, International Monetary Fund (IMF).
- What is the highest personal remittances, paid recorded in Barbados?
- The highest recorded value was 63.90 million current US$ in 2013.
- What is the lowest personal remittances, paid recorded in Barbados?
- The lowest recorded value was 100,000 current US$ in 1976.
- How does Barbados rank for personal remittances, paid?
- Barbados ranks 160th out of 195 countries with data for 2017.
- Is personal remittances, paid rising or falling in Barbados?
- Over the last ten years it is down 11.8%. 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, paid (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.