Barbados - Net current transfers from abroad

Net current transfers from abroad (current US$)

The latest value for Net current transfers from abroad (current US$) in Barbados was ($41,269,900) as of 2019. Over the past 33 years, the value for this indicator has fluctuated between $117,750,000 in 2003 and ($41,269,900) in 2019.

Definition: Current transfers comprise transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net current transfers from abroad is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1986 $11,186,800
1987 $5,667,976
1988 $16,457,020
1989 $4,723,314
1990 $42,509,820
1991 $33,013,470
1992 $40,550,000
1993 $20,782,580
1994 $35,151,400
1995 $33,759,260
1996 $42,211,500
1997 $57,922,740
1998 $66,176,100
1999 $82,931,440
2000 $97,700,000
2001 $112,800,000
2002 $108,350,000
2003 $117,750,000
2004 $114,400,000
2005 $65,400,000
2006 $82,849,000
2007 $56,054,000
2008 $26,802,950
2009 $20,300,000
2010 $38,894,500
2011 ($39,041,100)
2012 ($8,903,950)
2013 ($13,177,700)
2014 ($14,484,000)
2015 $1,970,150
2016 ($32,521,700)
2017 ($37,963,500)
2018 ($40,456,300)
2019 ($41,269,900)

Net current transfers from abroad (current LCU)

The value for Net current transfers from abroad (current LCU) in Barbados was -82,539,800 as of 2019. As the graph below shows, over the past 33 years this indicator reached a maximum value of 235,500,000 in 2003 and a minimum value of -82,539,800 in 2019.

Definition: Current transfers comprise transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net current transfers from abroad is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1986 22,500,000
1987 11,400,000
1988 33,100,000
1989 9,500,000
1990 85,500,000
1991 66,400,000
1992 81,100,000
1993 41,800,000
1994 70,700,000
1995 67,900,000
1996 84,900,000
1997 116,500,000
1998 133,100,000
1999 166,800,000
2000 195,400,000
2001 225,600,000
2002 216,700,000
2003 235,500,000
2004 228,800,000
2005 130,800,000
2006 165,698,000
2007 112,108,000
2008 53,605,900
2009 40,600,000
2010 77,789,000
2011 -78,082,200
2012 -17,807,900
2013 -26,355,400
2014 -28,968,000
2015 3,940,300
2016 -65,043,400
2017 -75,927,000
2018 -80,912,600
2019 -82,539,800

Net current transfers from abroad (constant LCU)

The value for Net current transfers from abroad (constant LCU) in Barbados was 77,780,800 as of 2002. As the graph below shows, over the past 10 years this indicator reached a maximum value of 77,780,800 in 2002 and a minimum value of 9,038,558 in 1993.

Definition: Current transfers comprise transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net current transfers from abroad is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1992 23,870,490
1993 9,038,558
1994 20,081,360
1995 17,966,000
1996 20,379,620
1997 23,257,480
1998 25,114,390
1999 38,915,250
2000 35,391,990
2001 50,906,200
2002 77,780,800

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts