Barbados BB: BOP: Current Account: Personal Remittances: Received: % of GDP

1970 - 2023 | Yearly | % | World Bank

Barbados BB: BOP: Current Account: Personal Remittances: Received: % of GDP data was reported at 1.332 % in 2023. This records a decrease from the previous number of 1.458 % for 2022. Barbados BB: BOP: Current Account: Personal Remittances: Received: % of GDP data is updated yearly, averaging 2.339 % from Dec 1970 (Median) to 2023, with 54 observations. The data reached an all-time high of 4.254 % in 2001 and a record low of 0.578 % in 1985. Barbados BB: BOP: Current Account: Personal Remittances: Received: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Barbados – Table BB.World Bank.WDI: Balance of Payments: Current Account. Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees.;World Bank staff estimates based on IMF balance of payments data, and World Bank and OECD GDP estimates.;Weighted average;Note: Data starting from 2005 are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6).

View Barbados's Barbados BB: BOP: Current Account: Personal Remittances: Received: % of GDP from 1970 to 2023 in the chart:

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Barbados Barbados BB: BOP: Current Account: Personal Remittances: Received: % of GDP
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Barbados Barbados BB: BOP: Current Account: Personal Remittances: Received: % of GDP

What was Barbados's Barbados BB: BOP: Current Account: Personal Remittances: Received: % of GDP in 2023?

Last Previous Min Max Unit Frequency Range
1.332 2023 1.458 2022 0.578 1985 4.254 2001 % yearly 1970 - 2023

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Barbados Key Series

National Accounts Last Frequency Range
Forecast: GDP PPP Per Capita (PPP Intl $) 22,233.861 2027 yearly 1980 - 2027
Forecast: Nominal GDP Per Capita (USD) 26,056.630 2027 yearly 1980 - 2027
Forecast: Real GDP Growth (%) 1.840 2027 yearly 1980 - 2027
Government and Public Finance Last Frequency Range
Forecast: Government Expenditure (BBD bn) 4.732 2030 yearly 1995 - 2030
Forecast: Government Net Debt (BBD bn) 14.552 2030 yearly 1995 - 2030
Forecast: Government Revenue (BBD bn) 4.848 2030 yearly 1995 - 2030
Demographic and Labour Market Last Frequency Range
Forecast: Population (Person mn) 0.294 2028 yearly 1980 - 2028
Forecast: Unemployment Rate (%) 7.677 2029 yearly 1981 - 2029
Inflation Last Frequency Range
Forecast: Consumer Price Index Growth (%) 2.427 2028 yearly 1980 - 2028
Balance of Payments Last Frequency Range
Forecast: Current Account Balance (USD bn) -0.445 2029 yearly 1980 - 2029

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