Barbados: Foreign exchange reserves

* indicates monthly or quarterly data series
 Barbados

Foreign exchange reserves, billion currency units

 Latest value 3.21
 Reference March 2024
 Measure billion Barbados Dollar
 Data availability January 1988 - March 2024
 Average 0.97
 Min - Max 0.13 - 3.21
 Source Central Bank of Barbados
For that indicator, we provide data for Barbados from January 1988 to March 2024. The average value for Barbados during that period was 0.97 billion Barbados Dollar with a minimum of 0.13 billion Barbados Dollar in September 1991 and a maximum of 3.21 billion Barbados Dollar in March 2024. Click on the following link to see the values of Foreign exchange reserves, billion currency units around the world.
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* indicates monthly or quarterly data series


Recent values chart
Barbados - Foreign exchange reserves - recent values

Historical chart
Barbados - Foreign exchange reserves - historical chart - 1988-2024
Measure: billion Barbados Dollar
Source: Central Bank of Barbados


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Definition: Foreign exchange reserves consist of foreign currency, deposits denominated in foreign currency, Monetary Gold, Special Drawing Rights (SDRs) and Reserve position in the International Monetary Fund (IMF). Foreign exchange reserves are held by monetary authorities to finance trade imbalances, check the impact of foreign exchange fluctuations and address other issues under the purview of the central bank.

 Related indicators Latest value Reference Measure
 Terms of trade 92.62 2021 percent
 Trade openness 78.35 2022 percent
 Financial openness -1.242 2021 index points
 Exports, percent of GDP 35.13 2022 percent
 Exports, billion dollars 2.00 2022 billion U.S. dollars
 Imports, percent of GDP 43.22 2022 percent
 Imports, billion dollars 2.46 2022 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 3.51 2022 percent
 Foreign Direct Investment, billion dollars 0.20 2022 billion U.S. dollars
 Portfolio investment inflows, equities 2.58 2017 million dollars (current)
 Current account, percent of GDP -11.10 2022 percent
 Current account, in dollars -0.30 2017 billion U.S. dollars
 Trade balance, percent of GDP -8.09 2022 percent
 Trade balance, in dollars 0.02 2017 billion U.S. dollars
 Reserves 1.52 2022 billion U.S. dollars
 Remittances, percent of GDP 1.49 2022 percent
 Remittances 85.18 2022 million U.S. dollars
 Net errors and omissions -132.48 2017 million USD
 Foreign exchange reserves 2.83 9/2023 billion
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