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 1.5% in 2017. ▲ Rising
Money sent or brought back by migrants as a share of GDP in Barbados, 1970–2017
Source: World Bank staff estimates based on IMF and OECD data (2026) – processed by Our World in Data. Measured in % of GDP.
Analysis
The most recent figure for money sent or brought back by migrants as a share of gdp in Barbados is 1.5%, 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 4.3% in 2001 and was at its lowest, 0.6%, 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 | % of GDP | Change |
|---|---|---|
| 1970 | 2.6% | — |
| 1971 | 2.5% | -6.8% |
| 1972 | 2.4% | -3.2% |
| 1973 | 2.4% | +2.5% |
| 1974 | 2.6% | +6.6% |
| 1975 | 2.3% | -12.2% |
| 1976 | 2.2% | -3.4% |
| 1977 | 2.0% | -8.8% |
| 1978 | 2.1% | +4.8% |
| 1979 | 2.1% | +0.1% |
| 1980 | 0.9% | -57.6% |
| 1981 | 1.0% | +10.3% |
| 1982 | 0.8% | -21.6% |
| 1983 | 0.7% | -12.1% |
| 1984 | 0.8% | +12.9% |
| 1985 | 0.6% | -25.1% |
| 1986 | 0.7% | +20.7% |
| 1987 | 1.7% | +137.1% |
| 1988 | 1.8% | +6.5% |
| 1989 | 1.6% | -9.5% |
| 1990 | 1.9% | +18.1% |
| 1991 | 2.2% | +18.6% |
| 1992 | 2.8% | +24.6% |
| 1993 | 2.7% | -3.7% |
| 1994 | 2.7% | -0.9% |
| 1995 | 2.7% | +3.3% |
| 1996 | 2.9% | +4.7% |
| 1997 | 3.1% | +7.1% |
| 1998 | 3.1% | -0.1% |
| 1999 | 3.3% | +8.6% |
| 2000 | 3.7% | +10.7% |
| 2001 | 4.3% | +15.0% |
| 2002 | 4.0% | -5.4% |
| 2003 | 4.1% | +1.0% |
| 2004 | 3.8% | -6.8% |
| 2005 | 2.5% | -34.7% |
| 2006 | 2.1% | -16.2% |
| 2007 | 3.0% | +43.2% |
| 2008 | 2.1% | -28.8% |
| 2009 | 2.6% | +21.4% |
| 2010 | 1.5% | -41.2% |
| 2011 | 2.6% | +75.6% |
| 2012 | 2.8% | +4.9% |
| 2013 | 3.4% | +21.5% |
| 2014 | 3.3% | -1.6% |
| 2015 | 3.5% | +4.7% |
| 2016 | 2.8% | -20.2% |
| 2017 | 1.5% | -47.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.3% | 2.0% | 2.6% | 10 |
| 1980s | 1.0% | 0.6% | 1.8% | 10 |
| 1990s | 2.7% | 1.9% | 3.3% | 10 |
| 2000s | 3.2% | 2.1% | 4.3% | 10 |
| 2010s | 2.7% | 1.5% | 3.5% | 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)
- World population growth -0.7% (2100)
- Population density 452.82 people per km² (2100)
- Number of children under 5, by world region 8,035 people (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 1.5% in 2017, according to World Bank staff estimates based on IMF and OECD data (2026) – processed by 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 4.3% 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 0.6% 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 World Bank staff estimates based on IMF and OECD data (2026) – processed by 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.
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About this data
Money sent or brought back by migrants refers to remittances a country has received in this year.