Remittances received — all countries

Remittances received — Barbados

Remittances received in Barbados in 2017 — 85,175,893 US$. Ranked 142 in the world out of 178. Since 1970, the indicator has risen by 1,835.8%.

2017 85.18M US$ −45.92% vs 2016
World rank 142of 178
Period maximum 198M US$2015
Period minimum 4.4M US$1970

Trend over time

1970–2017 · US$

Remittances received — Barbados, 1970–2017050M100M150M200M19701975198019851990199520002005201020151970: 4,400,000 US$1971: 4,607,884 US$1972: 5,100,764 US$1973: 6,380,088 US$1974: 8,133,523 US$1975: 9,213,090 US$1976: 9,650,000 US$1977: 10,000,000 US$1978: 11,700,000 US$1979: 14,200,000 US$1980: 9,100,000 US$1981: 11,050,000 US$1982: 9,050,000 US$1983: 8,450,000 US$1984: 10,400,000 US$1985: 8,150,000 US$1986: 10,800,000 US$1987: 28,200,001 US$1988: 31,950,001 US$1989: 32,000,000 US$1990: 37,900,002 US$1991: 45,150,002 US$1992: 54,500,000 US$1993: 55,349,998 US$1994: 57,200,001 US$1995: 60,900,000 US$1996: 68,000,000 US$1997: 77,000,000 US$1998: 86,750,000 US$1999: 98,700,000 US$2000: 113,200,000 US$2001: 129,950,000 US$2002: 125,061,000 US$2003: 130,500,000 US$2004: 130,508,572 US$2005: 94,455,424 US$2006: 87,348,423 US$2007: 138,674,184 US$2008: 101,160,651 US$2009: 114,476,090 US$2010: 81,868,796 US$2011: 147,293,266 US$2012: 152,319,842 US$2013: 190,981,633 US$2014: 188,716,961 US$2015: 198,038,295 US$2016: 157,509,040 US$2017: 85,175,893 US$
Change over the period: +80.78M (+1,835.82%) Average annual rate: 6.51 %

Comparison, 2017

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

Barbados 85.18M US$
World 577B US$
High-income countries computed 158B US$
Remittances received — Barbados, by year Barbados All countries CSV XLSX
Year US$ Change Change, %
2017 85.18M −72.33M −45.92%
2016 158M −40.53M −20.47%
2015 198M +9.32M +4.94%
2014 189M −2.26M −1.19%
2013 191M +38.66M +25.38%
2012 152M +5.03M +3.41%
2011 147M +65.42M +79.91%
2010 81.87M −32.61M −28.48%
2009 114M +13.32M +13.16%
2008 101M −37.51M −27.05%
2007 139M +51.33M +58.76%
2006 87.35M −7.11M −7.52%
2005 94.46M −36.05M −27.63%
2004 131M +8,572 +0.01%
2003 131M +5.44M +4.35%
2002 125M −4.89M −3.76%
2001 130M +16.75M +14.8%
2000 113M +14.5M +14.69%
1999 98.7M +11.95M +13.78%
1998 86.75M +9.75M +12.66%
1997 77M +9M +13.24%
1996 68M +7.1M +11.66%
1995 60.9M +3.7M +6.47%
1994 57.2M +1.85M +3.34%
1993 55.35M +849,998 +1.56%
1992 54.5M +9.35M +20.71%
1991 45.15M +7.25M +19.13%
1990 37.9M +5.9M +18.44%
1989 32M +49,999 +0.16%
1988 31.95M +3.75M +13.3%
1987 28.2M +17.4M +161.11%
1986 10.8M +2.65M +32.52%
1985 8.15M −2.25M −21.63%
1984 10.4M +1.95M +23.08%
1983 8.45M −600,000 −6.63%
1982 9.05M −2M −18.1%
1981 11.05M +1.95M +21.43%
1980 9.1M −5.1M −35.92%
1979 14.2M +2.5M +21.37%
1978 11.7M +1.7M +17%
1977 10M +350,000 +3.63%
1976 9.65M +436,910 +4.74%
1975 9.21M +1.08M +13.27%
1974 8.13M +1.75M +27.48%
1973 6.38M +1.28M +25.08%
1972 5.1M +492,880 +10.7%
1971 4.61M +207,884 +4.72%
1970 4.4M

About the indicator

Personal remittances received by a country: the earnings of labor migrants sent home, plus transfers between households. For a couple of dozen countries this flow is larger than any single export item, and for several it exceeds a fifth of GDP — remittances then become the main external link of the economy, steadier than both direct investment and foreign aid: in a crisis they usually do not fall but rise, because migrants send their families more.

Important: Only transfers through banks and money transfer systems are counted. Cash brought in person does not reach the statistics, so the real volumes are higher — by estimates, noticeably so.

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