Remittances paid — all countries

Remittances paid — Barbados

Remittances paid in Barbados in 2017 — 48,758,037 US$. Ranked 145 in the world out of 179. Since 1970, the indicator has risen by 8,765.1%.

2017 48.76M US$ −5.54% vs 2016
World rank 145of 179
Period maximum 63.9M US$2013
Period minimum 100,000 US$1976

Trend over time

1970–2017 · US$

Remittances paid — Barbados, 1970–2017020M40M60M80M19701975198019851990199520002005201020151970: 550,000 US$1971: 354,453 US$1972: 416,389 US$1973: 816,651 US$1974: 438,334 US$1975: 396,262 US$1976: 100,000 US$1977: 650,000 US$1978: 650,000 US$1979: 750,000 US$1980: 700,000 US$1981: 800,000 US$1982: 550,000 US$1983: 500,000 US$1984: 850,000 US$1985: 750,000 US$1986: 800,000 US$1987: 4,500,000 US$1988: 3,650,000 US$1989: 7,000,000 US$1990: 6,250,000 US$1991: 7,700,000 US$1992: 8,800,000 US$1993: 9,550,000 US$1994: 11,250,000 US$1995: 15,450,000 US$1996: 20,350,000 US$1997: 16,250,000 US$1998: 17,700,000 US$1999: 18,950,000 US$2000: 19,150,000 US$2001: 20,300,000 US$2002: 20,134,500 US$2003: 21,713,000 US$2004: 18,250,000 US$2005: 40,794,147 US$2006: 35,778,093 US$2007: 55,286,713 US$2008: 39,018,967 US$2009: 37,170,016 US$2010: 35,029,245 US$2011: 56,726,262 US$2012: 52,694,935 US$2013: 63,896,786 US$2014: 62,510,667 US$2015: 54,531,590 US$2016: 51,615,786 US$2017: 48,758,037 US$
Change over the period: +48.21M (+8,765.1%) Average annual rate: 10.01 %

Comparison, 2017

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

Barbados 48.76M US$
World 419B US$
Caribbean computed 3B US$
High-income countries computed 343B US$
Remittances paid — Barbados, by year Barbados All countries CSV XLSX
Year US$ Change Change, %
2017 48.76M −2.86M −5.54%
2016 51.62M −2.92M −5.35%
2015 54.53M −7.98M −12.76%
2014 62.51M −1.39M −2.17%
2013 63.9M +11.2M +21.26%
2012 52.69M −4.03M −7.11%
2011 56.73M +21.7M +61.94%
2010 35.03M −2.14M −5.76%
2009 37.17M −1.85M −4.74%
2008 39.02M −16.27M −29.42%
2007 55.29M +19.51M +54.53%
2006 35.78M −5.02M −12.3%
2005 40.79M +22.54M +123.53%
2004 18.25M −3.46M −15.95%
2003 21.71M +1.58M +7.84%
2002 20.13M −165,500 −0.82%
2001 20.3M +1.15M +6.01%
2000 19.15M +200,000 +1.06%
1999 18.95M +1.25M +7.06%
1998 17.7M +1.45M +8.92%
1997 16.25M −4.1M −20.15%
1996 20.35M +4.9M +31.72%
1995 15.45M +4.2M +37.33%
1994 11.25M +1.7M +17.8%
1993 9.55M +750,000 +8.52%
1992 8.8M +1.1M +14.29%
1991 7.7M +1.45M +23.2%
1990 6.25M −750,000 −10.71%
1989 7M +3.35M +91.78%
1988 3.65M −850,000 −18.89%
1987 4.5M +3.7M +462.5%
1986 800,000 +50,000 +6.67%
1985 750,000 −100,000 −11.76%
1984 850,000 +350,000 +70%
1983 500,000 −50,000 −9.09%
1982 550,000 −250,000 −31.25%
1981 800,000 +100,000 +14.29%
1980 700,000 −50,000 −6.67%
1979 750,000 +100,000 +15.38%
1978 650,000 +0 +0%
1977 650,000 +550,000 +550%
1976 100,000 −296,262 −74.76%
1975 396,262 −42,072 −9.6%
1974 438,334 −378,318 −46.33%
1973 816,651 +400,262 +96.13%
1972 416,389 +61,936 +17.47%
1971 354,453 −195,547 −35.55%
1970 550,000

About the indicator

Personal remittances sent from a country abroad. This is the mirror side of remittances received, and together the two divide the world into countries that take in labor migrants and countries that send them. The largest senders are the United States and the Gulf states, and for the latter the flow is enormous relative to the size of the economy: incomers make up the majority of those working there.

Important: Remittances sent and received should match at the world level, but they do not: some countries do not record the flow, and part of the transfers goes outside the statistics.

Source: World Development Indicators (World Bank), license CC BY 4.0.