Broad money (% of GDP) — all countries

Broad money (% of GDP) — Barbados

Broad money (% of GDP) in Barbados in 2023 — 97.53%. Ranked 21 in the world out of 125. Since 1966, the indicator has risen by 51.2 pp.

2023 97.53% −3.82 pp vs 2022
World rank 21of 125
Period maximum 122.55%2009
Period minimum 37.8%1980

Trend over time

1966–2023 · % of GDP

Broad money (% of GDP) — Barbados, 1966–2023050100150196619721978198419901996200220082014202020231966: 46.33%1967: 49.26%1968: 56.59%1969: 54.07%1970: 53.1%1971: 56.62%1972: 58.5%1973: 48.16%1974: 46.17%1975: 42.58%1976: 44.71%1977: 43.23%1978: 47.92%1979: 50.01%1980: 37.8%1981: 39.37%1982: 40.98%1983: 42.93%1984: 42.32%1985: 44.13%1986: 43.34%1987: 46.44%1988: 48.51%1989: 45.01%1990: 50.96%1991: 50.38%1992: 55.09%1993: 53.82%1994: 55.52%1995: 56.44%1996: 62.44%1997: 62.7%1998: 60.02%1999: 61.37%2000: 65.25%2001: 87.73%2002: 99.53%2003: 100.78%2004: 104.92%2005: 110.6%2006: 105.52%2007: 115.07%2008: 113.62%2009: 122.55%2012: 86.27%2013: 86.77%2014: 89.13%2015: 94.34%2016: 98.61%2017: 96.94%2018: 94.33%2019: 94.52%2020: 115.7%2021: 111.36%2022: 101.34%2023: 97.53%
Change over the period: +51.2 pp Annual average: 0.9 pp

Comparison, 2023

How the value compares with the world and the groups this territory belongs to: Barbados

Barbados 97.53%
World 135.57%
Broad money (% of GDP) — Barbados, by year Barbados All countries CSV XLSX
Year % Change, pp
2023 97.53 −3.82 pp
2022 101.34 −10.02 pp
2021 111.36 −4.34 pp
2020 115.7 +21.18 pp
2019 94.52 +0.19 pp
2018 94.33 −2.6 pp
2017 96.94 −1.68 pp
2016 98.61 +4.27 pp
2015 94.34 +5.21 pp
2014 89.13 +2.36 pp
2013 86.77 +0.5 pp
2012 86.27
2009 122.55 +8.93 pp
2008 113.62 −1.46 pp
2007 115.07 +9.56 pp
2006 105.52 −5.08 pp
2005 110.6 +5.68 pp
2004 104.92 +4.14 pp
2003 100.78 +1.25 pp
2002 99.53 +11.79 pp
2001 87.73 +22.48 pp
2000 65.25 +3.89 pp
1999 61.37 +1.35 pp
1998 60.02 −2.68 pp
1997 62.7 +0.26 pp
1996 62.44 +6 pp
1995 56.44 +0.92 pp
1994 55.52 +1.7 pp
1993 53.82 −1.27 pp
1992 55.09 +4.72 pp
1991 50.38 −0.59 pp
1990 50.96 +5.95 pp
1989 45.01 −3.5 pp
1988 48.51 +2.07 pp
1987 46.44 +3.11 pp
1986 43.34 −0.79 pp
1985 44.13 +1.81 pp
1984 42.32 −0.61 pp
1983 42.93 +1.94 pp
1982 40.98 +1.62 pp
1981 39.37 +1.56 pp
1980 37.8 −12.21 pp
1979 50.01 +2.09 pp
1978 47.92 +4.69 pp
1977 43.23 −1.48 pp
1976 44.71 +2.14 pp
1975 42.58 −3.59 pp
1974 46.17 −1.99 pp
1973 48.16 −10.33 pp
1972 58.5 +1.88 pp
1971 56.62 +3.52 pp
1970 53.1 −0.97 pp
1969 54.07 −2.52 pp
1968 56.59 +7.33 pp
1967 49.26 +2.93 pp
1966 46.33

About the indicator

Broad money, an aggregate close to M2/M3, as a percent of GDP: currency outside banks, demand deposits, time and savings deposits and, in a number of countries, short-term securities. The ratio to GDP is conventionally read as a measure of monetization and of the depth of the financial system, not as an indicator of inflationary pressure.

Source: World Economic Outlook (IMF), license IMF open data.