Credit to Agriculture — Value Standard Local Currency in Barbados
Barbados: Credit to Agriculture — Value Standard Local Currency was 10.95 million SLC in 2021. ◆ Volatile
Credit to Agriculture — Value Standard Local Currency in Barbados, 1991–2021
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
In 2021, credit to agriculture — value standard local currency in Barbados stood at 10.95 million SLC.
That represents a change of up 15.5% on the previous year and down 51.5% over ten years.
Over the whole period, credit to agriculture — value standard local currency in Barbados peaked at 66.7 million SLC in 2000 and was at its lowest, 5.71 million SLC, in 2015.
That places Barbados 52nd out of 59 countries with data for 2021, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Credit to Agriculture — Value Standard Local Currency in Barbados, year by year
| Year | million SLC | Change |
|---|---|---|
| 1991 | 31.52 million SLC | — |
| 1992 | 31.06 million SLC | -1.5% |
| 1993 | 30.15 million SLC | -2.9% |
| 1994 | 35.85 million SLC | +18.9% |
| 1995 | 37.15 million SLC | +3.6% |
| 1996 | 41.72 million SLC | +12.3% |
| 1997 | 41.54 million SLC | -0.4% |
| 1998 | 47.33 million SLC | +13.9% |
| 1999 | 48 million SLC | +1.4% |
| 2000 | 66.7 million SLC | +39.0% |
| 2001 | 54.62 million SLC | -18.1% |
| 2002 | 45.67 million SLC | -16.4% |
| 2003 | 41.94 million SLC | -8.2% |
| 2004 | 32.34 million SLC | -22.9% |
| 2005 | 41.62 million SLC | +28.7% |
| 2006 | 48.74 million SLC | +17.1% |
| 2007 | 48.75 million SLC | +0.0% |
| 2008 | 44.59 million SLC | -8.5% |
| 2009 | 45.15 million SLC | +1.2% |
| 2010 | 24.87 million SLC | -44.9% |
| 2011 | 22.58 million SLC | -9.2% |
| 2012 | 16.42 million SLC | -27.3% |
| 2013 | 17.22 million SLC | +4.8% |
| 2014 | 9.18 million SLC | -46.7% |
| 2015 | 5.71 million SLC | -37.8% |
| 2016 | 6.39 million SLC | +12.0% |
| 2017 | 6.86 million SLC | +7.3% |
| 2018 | 6.79 million SLC | -1.0% |
| 2019 | 7.1 million SLC | +4.5% |
| 2020 | 9.48 million SLC | +33.5% |
| 2021 | 10.95 million SLC | +15.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 38.26 million SLC | 30.15 million SLC | 48 million SLC | 9 |
| 2000s | 47.01 million SLC | 32.34 million SLC | 66.7 million SLC | 10 |
| 2010s | 12.31 million SLC | 5.71 million SLC | 24.87 million SLC | 10 |
| 2020s | 10.22 million SLC | 9.48 million SLC | 10.95 million SLC | 2 |
Countries ranked near Barbados
- 49 Grenada 20.15 million SLC compare
- 50 Maldives 18.1 million SLC compare
- 51 Qatar 17.4 million SLC compare
- 53 Saint Lucia 7.51 million SLC compare
- 54 Antigua and Barbuda 2.06 million SLC compare
- 55 Saint Vincent and the Grenadines 1.98 million SLC compare
More agriculture & rural data for Barbados
- Agriculture, forestry, and fishing, value added (current US$), annual -1.03 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (current US$), per 0.0155 current US$ per US$ of GDP (2024)
- Agriculture, forestry, and fishing, value added (current US$), per 418.19 current US$ per person (2024)
- Rural population, annual growth rate -0.3404 % change on previous year (2025)
- Rural population, per unit of GDP 0 units per US$ of GDP (2025)
- Rural population, per capita 0.403 units per person (2025)
- Share of GDP from agriculture 1.6% (2024)
- Agriculture as a share of GDP vs. GDP per capita 1.6% (2024)
- Agricultural raw materials exports 0.1% (2024)
- Agricultural raw materials imports 0.9% (2024)
Frequently asked questions
- What is credit to agriculture — value standard local currency in Barbados?
- Credit to agriculture — value standard local currency in Barbados was 10.95 million SLC in 2021, according to Food and Agriculture Organization of the United Nations.
- What is the highest credit to agriculture — value standard local currency recorded in Barbados?
- The highest recorded value was 66.7 million SLC in 2000.
- What is the lowest credit to agriculture — value standard local currency recorded in Barbados?
- The lowest recorded value was 5.71 million SLC in 2015.
- How does Barbados rank for credit to agriculture — value standard local currency?
- Barbados ranks 52nd out of 59 countries with data for 2021.
- Is credit to agriculture — value standard local currency rising or falling in Barbados?
- Over the last ten years it is down 51.5%. The long-run trend across the full record is volatile.
- Where does this Barbados data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Credit to Agriculture — Value Standard Local Currency. Statizoid updates them automatically from the source API.
Download this data
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About this data
Credit to agriculture measures the amount of loans and advances given by the banking sector to farmers, rural households, agricultural cooperatives, or any other agri-related businesses. Each country’s central bank compiles its credit stocks by economic activities as part of its monetary and financial statistics publications via annual or quarterly reports online. Data collection has been carried out mostly through reports found on the central bank websites. Data are collected and compiled according to the International Standard Industrial Classification of All Economic Activities (ISIC Rev. 4: https://unstats.un.org/unsd/classifications/Econ/isic) with a special concentration on the credit to agriculture, forestry and fishing sector separately from the ones to manufacturing and services.