Barbados: Secondary income, other sectors, payments (BoP, current US$)

Key figures

What the numbers say

In 2017, Barbados' secondary income, other sectors, payments (BoP, current US$) fell 51.6% on 2016 (from US$180.72 million to US$87.47 million).

Across the 30 yearly changes before that (1987 to 2016), the average change was +9.1% and a typical year strayed about 23.5% from that (the standard deviation). This year's change was 2.6 standard deviations below that average, so it was unusually large compared with the rest of the record.

On record, the biggest yearly rise was 330.5% in 1974 and the biggest yearly fall was 51.6% in 2017. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2008 to 2017 the straight-line trend is downward, about US$7.37 million a year. A straight line explains 35% of the movement over 10 observed years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

See how every economy compares in the full ranking.

What this measures

Secondary income refers to transfers recorded in the balance of payments whenever an economy provides or receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.

Regional and income-group figures are computed by the World Bank as a sum.

All 51 values

Secondary income, other sectors, payments (BoP, current US$) in nearby economies

• Antigua and Barbuda — US$144.77 million (2025)
• Argentina — US$1.53 billion (2025)
• Aruba — US$191.6 million (2023)
• Bahamas, The — US$287.45 million (2024)
• Belize — US$41.98 million (2025)
• Bolivia — US$146.76 million (2025)
• Brazil — US$2.66 billion (2025)
• Chile — US$4.74 billion (2025)
• Colombia — US$1.51 billion (2025)

More economic policy & debt data for Barbados

• GDP (current US$) — US$8.02 billion (2025)
• GDP (current LCU) — 16.03 billion (2025)
• GDP (constant 2015 US$) — US$6.5 billion (2025)
• GDP (constant LCU) — 15.34 billion (2025)
• GDP per capita (current US$) — US$28,365 (2025)
• GDP per capita (current LCU) — 56,730 (2025)
• GDP per capita (constant 2015 US$) — US$23,014 (2025)
• GDP per capita (constant LCU) — 54,263 (2025)
• GNI (current US$) — US$7.69 billion (2025)
• GNI (current LCU) — 15.38 billion (2025)
• GNI per capita (current LCU) — 54,417 (2025)

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
• Data analysis examples: 6 worked from one dataset — 3 min read
• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is Barbados's secondary income, other sectors, payments (BoP, current US$)?

US$87.47 million in 2017, according to the World Bank (World Development Indicators).

How has it changed since 1967?

It is up 10,636% from US$814,706 in 1967 (9.8% a year on average, compounded). The highest value was US$240.67 million in 2005 and the lowest US$814,706 in 1967.

Is the latest change in secondary income, other sectors, payments (BoP, current US$) unusual for Barbados?

In 2017, Barbados' secondary income, other sectors, payments (BoP, current US$) fell 51.6% on 2016 (from US$180.72 million to US$87.47 million). Across the 30 yearly changes before that (1987 to 2016), the average change was +9.1% and a typical year strayed about 23.5% from that (the standard deviation). This year's change was 2.6 standard deviations below that average, so it was unusually large compared with the rest of the record.

Where does this data come from?

Source

World Bank, World Development Indicators, indicator BM.TRF.PRVT.CD, licensed CC BY 4.0. Original source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.