Credit to the private sector — all countries

Credit to the private sector — Barbados

Credit to the private sector in Barbados in 2023 — 59.73%. Ranked 49 in the world out of 153. Since 1966, the indicator has risen by 25.36 pp.

2023 59.73% −1.33 pp vs 2022
World rank 49of 153
Period maximum 82.77%2009
Period minimum 29.13%1980

Trend over time

1966–2023 · % of GDP

Credit to the private sector — Barbados, 1966–202320406080100196619721978198419901996200220082014202020231966: 34.37%1967: 33.09%1968: 33.17%1969: 46.78%1970: 49.88%1971: 51.25%1972: 53.01%1973: 49.86%1974: 40.34%1975: 35.09%1976: 36.99%1977: 35.49%1978: 35.75%1979: 36.73%1980: 29.13%1981: 32.27%1982: 33%1983: 34.63%1984: 32.62%1985: 32.4%1986: 31.84%1987: 32.97%1988: 34.24%1989: 35.76%1990: 36.2%1991: 37.62%1992: 38.53%1993: 36.92%1994: 38.96%1995: 42.5%1996: 41.63%1997: 44.2%1998: 45.38%1999: 47.57%2000: 47.9%2001: 59.25%2002: 60.45%2003: 62.4%2004: 67.27%2005: 72.76%2006: 73.68%2007: 71.28%2008: 75.53%2009: 82.77%2012: 71.9%2013: 68.86%2014: 67.74%2015: 68.65%2016: 69.94%2017: 70.11%2018: 68.56%2019: 67.32%2020: 75.94%2021: 68.49%2022: 61.06%2023: 59.73%
Change over the period: +25.36 pp Annual average: 0.44 pp

Comparison, 2023

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

Barbados 59.73%
World 135.97%
Credit to the private sector — Barbados, by year Barbados All countries CSV XLSX
Year % Change, pp
2023 59.73 −1.33 pp
2022 61.06 −7.43 pp
2021 68.49 −7.45 pp
2020 75.94 +8.62 pp
2019 67.32 −1.24 pp
2018 68.56 −1.55 pp
2017 70.11 +0.18 pp
2016 69.94 +1.29 pp
2015 68.65 +0.91 pp
2014 67.74 −1.12 pp
2013 68.86 −3.04 pp
2012 71.9
2009 82.77 +7.24 pp
2008 75.53 +4.25 pp
2007 71.28 −2.4 pp
2006 73.68 +0.92 pp
2005 72.76 +5.5 pp
2004 67.27 +4.87 pp
2003 62.4 +1.95 pp
2002 60.45 +1.2 pp
2001 59.25 +11.35 pp
2000 47.9 +0.34 pp
1999 47.57 +2.18 pp
1998 45.38 +1.19 pp
1997 44.2 +2.57 pp
1996 41.63 −0.87 pp
1995 42.5 +3.55 pp
1994 38.96 +2.03 pp
1993 36.92 −1.61 pp
1992 38.53 +0.91 pp
1991 37.62 +1.42 pp
1990 36.2 +0.44 pp
1989 35.76 +1.52 pp
1988 34.24 +1.27 pp
1987 32.97 +1.13 pp
1986 31.84 −0.57 pp
1985 32.4 −0.21 pp
1984 32.62 −2.02 pp
1983 34.63 +1.63 pp
1982 33 +0.74 pp
1981 32.27 +3.14 pp
1980 29.13 −7.6 pp
1979 36.73 +0.98 pp
1978 35.75 +0.25 pp
1977 35.49 −1.5 pp
1976 36.99 +1.91 pp
1975 35.09 −5.26 pp
1974 40.34 −9.52 pp
1973 49.86 −3.15 pp
1972 53.01 +1.76 pp
1971 51.25 +1.38 pp
1970 49.88 +3.09 pp
1969 46.78 +13.62 pp
1968 33.17 +0.08 pp
1967 33.09 −1.29 pp
1966 34.37

About the indicator

Domestic credit to the private sector by financial institutions as a percent of GDP: loans, purchases of non-equity securities, trade credit and other accounts receivable. An indicator of financial development, but of potential risk as well: growth that is too fast relative to GDP is one of the most reliable precursors of banking crises.

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