Remittances in Barbados
Barbados: Remittances was 1.46 in 2017. ▲ Rising
Remittances in Barbados, 1970–2017
Source: Our World in Data.
Analysis
The most recent figure for remittances in Barbados is 1.46, measured in 2017.
Compared with earlier readings it is down 47.5% on the previous year and down 50.9% over ten years.
Over the whole period, remittances in Barbados peaked at 4.25 in 2001 and was at its lowest, 0.5782, in 1985.
That places Barbados 113th out of 194 countries with data for 2017, putting it in the middle of the range.
The long-run direction has been consistently rising across the 48 years of available data.
Remittances in Barbados, year by year
| Year | Value | Change |
|---|---|---|
| 1970 | 2.65 | — |
| 1971 | 2.47 | -6.8% |
| 1972 | 2.39 | -3.2% |
| 1973 | 2.45 | +2.5% |
| 1974 | 2.61 | +6.6% |
| 1975 | 2.29 | -12.2% |
| 1976 | 2.21 | -3.4% |
| 1977 | 2.02 | -8.8% |
| 1978 | 2.12 | +4.8% |
| 1979 | 2.12 | +0.1% |
| 1980 | 0.899 | -57.6% |
| 1981 | 0.9917 | +10.3% |
| 1982 | 0.7775 | -21.6% |
| 1983 | 0.6836 | -12.1% |
| 1984 | 0.7721 | +12.9% |
| 1985 | 0.5782 | -25.1% |
| 1986 | 0.6978 | +20.7% |
| 1987 | 1.65 | +137.1% |
| 1988 | 1.76 | +6.5% |
| 1989 | 1.6 | -9.5% |
| 1990 | 1.88 | +18.1% |
| 1991 | 2.23 | +18.6% |
| 1992 | 2.78 | +24.6% |
| 1993 | 2.68 | -3.7% |
| 1994 | 2.66 | -0.9% |
| 1995 | 2.75 | +3.3% |
| 1996 | 2.88 | +4.7% |
| 1997 | 3.08 | +7.1% |
| 1998 | 3.08 | -0.1% |
| 1999 | 3.34 | +8.6% |
| 2000 | 3.7 | +10.7% |
| 2001 | 4.25 | +15.0% |
| 2002 | 4.03 | -5.4% |
| 2003 | 4.07 | +1.0% |
| 2004 | 3.79 | -6.8% |
| 2005 | 2.47 | -34.7% |
| 2006 | 2.07 | -16.2% |
| 2007 | 2.97 | +43.2% |
| 2008 | 2.11 | -28.8% |
| 2009 | 2.56 | +21.4% |
| 2010 | 1.51 | -41.2% |
| 2011 | 2.65 | +75.6% |
| 2012 | 2.78 | +4.9% |
| 2013 | 3.37 | +21.5% |
| 2014 | 3.32 | -1.6% |
| 2015 | 3.47 | +4.7% |
| 2016 | 2.77 | -20.2% |
| 2017 | 1.46 | -47.5% |
Barbados compared with similar countries
- Barbados's 1.46 is above the median for high income countries, which is 0.7013, 2.1× the median. (69 countries reporting)
- Barbados's 1.46 is below the median for Latin America & Caribbean, which is 2.87, 51% of the median. (37 countries reporting)
Biggest year-on-year movements
Years where Remittances in Barbados changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1987 | +137.1% | 0.6978 | 1.65 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.33 | 2.02 | 2.65 | 10 |
| 1980s | 1.04 | 0.5782 | 1.76 | 10 |
| 1990s | 2.74 | 1.88 | 3.34 | 10 |
| 2000s | 3.2 | 2.07 | 4.25 | 10 |
| 2010s | 2.67 | 1.46 | 3.47 | 8 |
Countries ranked near Barbados
More reference data data for Barbados
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0268 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0217 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.0558 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.0558 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.09 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.0377 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.118 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0.2758 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.0001 (2050)
Frequently asked questions
- What is remittances in Barbados?
- Remittances in Barbados was 1.46 in 2017, according to Our World in Data.
- What is the highest remittances recorded in Barbados?
- The highest recorded value was 4.25 in 2001.
- What is the lowest remittances recorded in Barbados?
- The lowest recorded value was 0.5782 in 1985.
- How does Barbados rank for remittances?
- Barbados ranks 113th out of 194 countries with data for 2017.
- Is remittances rising or falling in Barbados?
- Over the last ten years it is down 50.9%. The long-run trend across the full record is rising.
- Where does this Barbados data come from?
- The figures come from Our World in Data, published as part of Remittances. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 48 observations, free to reuse under CC BY 4.0 (Our World in Data).