Current account balance — all countries

Current account balance — Barbados

Current account balance in Barbados in 2031 — -5.2%. Ranked 152 in the world out of 188. Since 1980, the indicator has fallen by 2.7 pp.

2031 -5.2% +0 pp vs 2030
World rank 152of 188
Period maximum 6.8%1992
Period minimum -10.3%1981

Trend over time

1980–2031 · % of GDP

Current account balance — Barbados, 1980–2031-15-10-5051019801986199219982004201020162022202820311980: -2.5%1981: -10.3%1982: -3.3%1983: -3.8%1984: 0.8%1985: 0.3%1986: -0.9%1987: -2.9%1988: 0.1%1989: -0.1%1990: -1.7%1991: -1.1%1992: 6.8%1993: 3.1%1994: 6%1995: 2.3%1996: 3.3%1997: -1.3%1998: -2.7%1999: -4%2000: -3.2%2001: -3.3%2002: -4.6%2003: -3.2%2004: -9.1%2005: -9%2006: -8.9%2007: -4.1%2008: -8.1%2009: -5%2010: -3.8%2011: -9.9%2012: -7.1%2013: -6.9%2014: -7.6%2015: -5.1%2016: -3.6%2017: -3.2%2018: -3.4%2019: -1%2020: -5.1%2021: -7.9%2022: -7.9%2023: -7.8%2024: -3.9%2025: -7.5%2026: -7%2027: -6.6%2028: -6%2029: -5.5%2030: -5.2%2031: -5.2%
Change over the period: −2.7 pp Annual average: -0.05 pp

Comparison, 2031

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

Barbados -5.2%
World computed 0.28%
Latin America & Caribbean computed -1.17%
High-income countries computed 0.13%
Current account balance — Barbados, by year Barbados All countries CSV XLSX
Year % Change, pp
2031 -5.2 +0 pp
2030 -5.2 +0.3 pp
2029 -5.5 +0.5 pp
2028 -6 +0.6 pp
2027 -6.6 +0.4 pp
2026 -7 +0.5 pp
2025 -7.5 −3.6 pp
2024 -3.9 +3.9 pp
2023 -7.8 +0.1 pp
2022 -7.9 +0 pp
2021 -7.9 −2.8 pp
2020 -5.1 −4.1 pp
2019 -1 +2.4 pp
2018 -3.4 −0.2 pp
2017 -3.2 +0.4 pp
2016 -3.6 +1.5 pp
2015 -5.1 +2.5 pp
2014 -7.6 −0.7 pp
2013 -6.9 +0.2 pp
2012 -7.1 +2.8 pp
2011 -9.9 −6.1 pp
2010 -3.8 +1.2 pp
2009 -5 +3.1 pp
2008 -8.1 −4 pp
2007 -4.1 +4.8 pp
2006 -8.9 +0.1 pp
2005 -9 +0.1 pp
2004 -9.1 −5.9 pp
2003 -3.2 +1.4 pp
2002 -4.6 −1.3 pp
2001 -3.3 −0.1 pp
2000 -3.2 +0.8 pp
1999 -4 −1.3 pp
1998 -2.7 −1.4 pp
1997 -1.3 −4.6 pp
1996 3.3 +1 pp
1995 2.3 −3.7 pp
1994 6 +2.9 pp
1993 3.1 −3.7 pp
1992 6.8 +7.9 pp
1991 -1.1 +0.6 pp
1990 -1.7 −1.6 pp
1989 -0.1 −0.2 pp
1988 0.1 +3 pp
1987 -2.9 −2 pp
1986 -0.9 −1.2 pp
1985 0.3 −0.5 pp
1984 0.8 +4.6 pp
1983 -3.8 −0.5 pp
1982 -3.3 +7 pp
1981 -10.3 −7.8 pp
1980 -2.5

About the indicator

The current account balance of the balance of payments as a percent of GDP: trade in goods and services, primary income (interest, dividends, compensation of employees) and secondary income (transfers). A surplus means a country earns more abroad than it spends and is building up external assets; a persistent deficit has to be financed by an inflow of capital.

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