Total Credit — Value Standard Local Currency in Barbados
Barbados: Total Credit — Value Standard Local Currency was 6,401 million SLC in 2023. ▲ Rising
Total Credit — Value Standard Local Currency in Barbados, 1991–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
In 2023, total credit — value standard local currency in Barbados stood at 6,401 million SLC.
The figure is up 2.8% on the previous year and down 13.2% over ten years.
Over the whole period, total credit — value standard local currency in Barbados peaked at 7,938 million SLC in 2012 and was at its lowest, 1,218 million SLC, in 1992.
Barbados ranks 154th of 174 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 33 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1,690 million SLC | 1,218 million SLC | 2,612 million SLC | 9 |
| 2000s | 4,011 million SLC | 2,713 million SLC | 5,778 million SLC | 10 |
| 2010s | 6,768 million SLC | 5,701 million SLC | 7,938 million SLC | 10 |
| 2020s | 6,118 million SLC | 5,861 million SLC | 6,401 million SLC | 4 |
Countries ranked near Barbados
- 151 Bosnia and Herzegovina 9,987 million SLC compare
- 152 Brunei Darussalam 7,816 million SLC compare
- 153 Sierra Leone 6,986 million SLC compare
- 155 Gabon 5,449 million SLC compare
- 156 Solomon Islands 4,392 million SLC compare
- 157 Aruba 4,178 million SLC compare
More agriculture & rural data for Barbados
- Agriculture share gdp 1.55 (2024)
- Value added in the agricultural sector as of gdp vs gdp per capita 1.55 (2024)
- Agricultural raw materials exports 0.1% (2024)
- Agricultural raw materials imports 0.9% (2024)
- Rural population 40.3% (2025)
- Rural population growth -0.3% (2025)
- Rural population 113,898 (2025)
- Agriculture, forestry, and fishing, value added 1.6% (2024)
- Agriculture, forestry, and fishing, value added 118.12 million current US$ (2024)
- Cereal yield vs gdp per capita 2.79 (2024)
Frequently asked questions
- What is total credit — value standard local currency in Barbados?
- Total credit — value standard local currency in Barbados was 6,401 million SLC in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest total credit — value standard local currency recorded in Barbados?
- The highest recorded value was 7,938 million SLC in 2012.
- What is the lowest total credit — value standard local currency recorded in Barbados?
- The lowest recorded value was 1,218 million SLC in 1992.
- How does Barbados rank for total credit — value standard local currency?
- Barbados ranks 154th out of 174 countries with data for 2023.
- Is total credit — value standard local currency rising or falling in Barbados?
- Over the last ten years it is down 13.2%. The long-run trend across the full record is rising.
- Where does this Barbados data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Total Credit — Value Standard Local Currency. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 33 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
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.