Total Credit — Value US$, 2015 prices in Barbados
Barbados: Total Credit — Value US$, 2015 prices was 2,653 million USD in 2023. ▲ Rising
Total Credit — Value US$, 2015 prices in Barbados, 1991–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
Barbados recorded 2,653 million USD for total credit — value us$, 2015 prices in 2023.
The figure is down 0.4% on the previous year and down 27.6% over ten years.
Over the whole period, total credit — value us$, 2015 prices in Barbados peaked at 4,053 million USD in 2012 and was at its lowest, 1,052 million USD, in 1993.
That places Barbados 116th out of 166 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 33 years of available data.
Total Credit — Value US$, 2015 prices in Barbados, year by year
| Year | million USD | Change |
|---|---|---|
| 1991 | 1,165 million USD | — |
| 1992 | 1,082 million USD | -7.2% |
| 1993 | 1,052 million USD | -2.7% |
| 1994 | 1,226 million USD | +16.5% |
| 1995 | 1,243 million USD | +1.4% |
| 1996 | 1,285 million USD | +3.4% |
| 1997 | 1,560 million USD | +21.4% |
| 1998 | 1,680 million USD | +7.7% |
| 1999 | 1,815 million USD | +8.0% |
| 2000 | 1,910 million USD | +5.3% |
| 2001 | 1,882 million USD | -1.5% |
| 2002 | 1,986 million USD | +5.6% |
| 2003 | 1,935 million USD | -2.6% |
| 2004 | 2,134 million USD | +10.3% |
| 2005 | 2,441 million USD | +14.4% |
| 2006 | 2,861 million USD | +17.2% |
| 2007 | 2,771 million USD | -3.2% |
| 2008 | 3,062 million USD | +10.5% |
| 2009 | 3,143 million USD | +2.7% |
| 2010 | 2,987 million USD | -5.0% |
| 2011 | 2,923 million USD | -2.1% |
| 2012 | 4,053 million USD | +38.7% |
| 2013 | 3,665 million USD | -9.6% |
| 2014 | 3,571 million USD | -2.6% |
| 2015 | 3,571 million USD | +0.0% |
| 2016 | 3,586 million USD | +0.4% |
| 2017 | 3,512 million USD | -2.1% |
| 2018 | 2,907 million USD | -17.2% |
| 2019 | 2,830 million USD | -2.6% |
| 2020 | 2,637 million USD | -6.8% |
| 2021 | 2,523 million USD | -4.3% |
| 2022 | 2,663 million USD | +5.5% |
| 2023 | 2,653 million USD | -0.4% |
Barbados compared with similar countries
- Barbados's 2,653 million USD is below the median for high income countries, which is 62,034 million USD, 4% of the median. (52 countries reporting)
- Barbados's 2,653 million USD is below the median for Latin America & Caribbean, which is 9,381 million USD, 28% of the median. (30 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1,345 million USD | 1,052 million USD | 1,815 million USD | 9 |
| 2000s | 2,413 million USD | 1,882 million USD | 3,143 million USD | 10 |
| 2010s | 3,361 million USD | 2,830 million USD | 4,053 million USD | 10 |
| 2020s | 2,619 million USD | 2,523 million USD | 2,663 million USD | 4 |
Countries ranked near Barbados
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 total credit — value us$, 2015 prices in Barbados?
- Total credit — value us$, 2015 prices in Barbados was 2,653 million USD in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest total credit — value us$, 2015 prices recorded in Barbados?
- The highest recorded value was 4,053 million USD in 2012.
- What is the lowest total credit — value us$, 2015 prices recorded in Barbados?
- The lowest recorded value was 1,052 million USD in 1993.
- How does Barbados rank for total credit — value us$, 2015 prices?
- Barbados ranks 116th out of 166 countries with data for 2023.
- Is total credit — value us$, 2015 prices rising or falling in Barbados?
- Over the last ten years it is down 27.6%. 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 US$, 2015 prices. Statizoid updates them automatically from the source API.
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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.