Money sent or brought back by migrants as a share of gdp in Barbados
Barbados: Money sent or brought back by migrants as a share of gdp was 1.46 in 2017. ▲ Rising
Money sent or brought back by migrants as a share of gdp in Barbados, 1970–2017
Source: Our World in Data.
Analysis
The most recent figure for money sent or brought back by migrants as a share of gdp 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, money sent or brought back by migrants as a share of gdp 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.
Money sent or brought back by migrants as a share of gdp 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 Money sent or brought back by migrants as a share of gdp 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 population data for Barbados
- Population regions with projections, annual growth rate -0.7043 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate -4.04 % change on previous year (2050)
- Population long run with projections, annual growth rate -0.7043 % change on previous year (2100)
- Un population 2024 vs 2022, annual growth rate -0.6177 % change on previous year (2100)
- Africa's Development Dynamics (AfDD) Table 05 - Demographic estimates 267.79 Persons (2050)
- Africa's Development Dynamics (AfDD) Table 03 - Annual population -0.0106 Percent per annum (2030)
- Projected population under age 5, annual growth rate -0.9003 % change on previous year (2100)
- Population growth rate -0.709 (2100)
- Population density 452.82 (2100)
- Projected population under age 5 8,035 (2100)
Frequently asked questions
- What is money sent or brought back by migrants as a share of gdp in Barbados?
- Money sent or brought back by migrants as a share of gdp in Barbados was 1.46 in 2017, according to Our World in Data.
- What is the highest money sent or brought back by migrants as a share of gdp recorded in Barbados?
- The highest recorded value was 4.25 in 2001.
- What is the lowest money sent or brought back by migrants as a share of gdp recorded in Barbados?
- The lowest recorded value was 0.5782 in 1985.
- How does Barbados rank for money sent or brought back by migrants as a share of gdp?
- Barbados ranks 113th out of 194 countries with data for 2017.
- Is money sent or brought back by migrants as a share of gdp 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 Money sent or brought back by migrants as a share of gdp. 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).