Barbados - Current Account Balance 2021

Current account balance as % of GDP · World Bank
-10.26% −5.27% from 2020 Global rank: 33rd

Barbados's current account balance was -10.26% in 2021, decreased +5.27% from -4.99% in 2020. This was the 33rd highest globally.

Global Ranking - 2021
Current Account Balance by Country - 2021
RankCountryValueYoY
1st Palau -41.49% 5.3%
2nd Dominica -33.06% 10.6%
3rd Cambodia -29.61% -2,955.5%
4th St. Vincent and the Grenadines -23.21% -45.9%
5th Sint Maarten (Dutch part) -23.02% 2.0%
6th Mozambique -21.19% 20.1%
7th Bahamas, The -20.22% 8.1%
8th Lebanon -19.70% -77.1%
9th Curaçao -18.57% 31.7%
10th São Tomé and Principe -18.16% -62.3%
11th Antigua and Barbuda -17.78% -14.2%
12th Guyana -16.91% 2.5%
13th Fiji -16.51% -37.9%
14th Malawi -15.49% -12.0%
15th Nepal -14.52% -1,333.8%
16th Grenada -14.38% 10.7%
17th Niger -14.07% -6.7%
18th Yemen, Republic of -13.90% 11.5%
19th Mongolia -13.79% -172.2%
20th Samoa -13.31% -1,502.7%
21st Cayman Islands -13.10% 19.8%
22nd Mauritius -12.88% -45.0%
23rd Moldova -12.41% -61.4%
24th Cabo Verde -12.21% 20.4%
25th Senegal -12.09% -11.3%
26th Bhutan -11.53% 22.0%
27th Burundi -11.33% -1.6%
28th St. Lucia -11.30% 39.9%
29th Rwanda -10.92% 9.5%
30th Central African Republic -10.78% -36.3%
31st Seychelles -10.77% 14.0%
32nd Georgia -10.29% 17.3%
33rd Barbados -10.26% -105.7%
34th West Bank and Gaza -9.82% 19.9%
35th Tonga -9.55% -66.3%
36th Montenegro -9.29% 64.7%
37th Uganda -8.89% 6.3%
38th Mauritania -8.76% -28.6%
39th Kosovo -8.69% -24.0%
40th Maldives -8.63% 75.4%
41st Lesotho -8.13% -42.7%
42nd Jordan -8.03% -40.1%
43rd Kyrgyz Republic -7.98% -276.6%
44th Vanuatu -7.94% -24.8%
45th Sudan -7.65% 53.8%
46th Albania -7.60% 11.8%
47th Sierra Leone -7.29% -24.8%
48th Chile -7.28% -273.6%
49th Romania -7.21% -42.3%
50th Somalia, Fed. Rep. -7.06% -50.8%
51st Djibouti -6.63% -156.9%
52nd Belize -6.50% -4.0%
53rd Mali -6.39% -193.7%
54th Greece -6.35% 12.3%
55th Uzbekistan -6.33% -39.0%
56th Tunisia -5.88% 1.4%
57th New Zealand -5.64% -427.4%
58th Colombia -5.64% -64.4%
59th Cyprus -5.57% 42.6%
60th Oman -5.54% 66.5%
61st Honduras -5.46% -291.6%
62nd Madagascar -5.03% 6.4%
63rd Solomon Islands -5.02% -204.5%
64th Slovak Republic -4.79% -928.5%
65th Kenya -4.60% -25.7%
66th Egypt, Arab Republic of -4.38% -50.1%
67th Gambia, The -4.31% 25.5%
68th El Salvador -4.31% -487.9%
69th Hungary -4.29% -353.4%
70th Benin -4.15% -137.9%
71st Latvia -4.14% -236.1%
72nd Serbia -4.01% -2.0%
73rd Cameroon -3.99% -7.7%
74th Côte d'Ivoire -3.95% -26.2%
75th Bangladesh -3.79% -160.6%
76th Estonia -3.73% -47.6%
77th Sri Lanka -3.71% -163.8%
78th United States -3.68% -32.6%
79th Pakistan -3.52% -138.0%
80th Armenia -3.40% 15.1%
81st Tanzania -3.36% -46.0%
82nd St. Kitts and Nevis -3.35% 69.1%
83rd Costa Rica -3.18% -203.9%
84th Liberia -2.90% 82.3%
85th Dominican Republic -2.83% -67.4%
86th Ghana -2.82% -11.3%
87th Nicaragua -2.75% -173.3%
88th North Macedonia -2.68% 8.6%
89th Iceland -2.57% -238.0%
90th Uruguay -2.43% -279.6%
91st Algeria -2.42% 78.6%
92nd Brazil -2.36% -39.7%
93rd Morocco -2.36% -102.2%
94th Peru -2.25% -399.9%
95th Togo -2.24% -697.5%
96th Myanmar -2.19% -468.8%
97th Thailand -2.14% -151.2%
98th Czechia -2.05% -216.3%
99th Ukraine -1.94% -158.8%
100th Botswana -1.76% 82.0%
101st Philippines -1.51% -147.1%
102nd Bosnia and Herzegovina -1.47% 48.0%
103rd Kazakhstan -1.36% 79.0%
104th Poland -1.30% -153.9%
105th Viet Nam -1.26% -129.0%
106th Panama -1.21% -664.7%
107th Paraguay -1.07% -156.6%
108th India -1.06% -217.5%
109th Bulgaria -1.03% -333.4%
110th Congo, Democratic Republic of -0.99% 50.9%
111th United Kingdom -0.75% 74.3%
112th Türkiye -0.74% 82.5%
113th Guinea-Bissau -0.74% 71.1%
114th Portugal -0.67% 2.4%
115th Chad -0.54% 78.6%
116th Nigeria -0.53% 80.0%
117th Mexico -0.35% -114.5%
118th Comoros -0.32% 82.3%
119th South Sudan -0.13% 99.6%
120th Afghanistan -0.06% -100.4%
121st Canada -0.02% 98.9%
122nd Namibia -0.01% -100.4%
123rd France 0.24% 111.9%
124th Indonesia 0.30% 170.6%
125th Finland 0.33% -23.0%
126th Burkina Faso 0.39% -90.6%
127th Haiti 0.42% 17.9%
128th Spain 0.77% -3.0%
129th Croatia 0.81% 160.8%
130th Zimbabwe 0.84% -50.3%
131st Jamaica 0.93% 189.8%
132nd Argentina 1.36% 95.1%
133rd Lithuania 1.47% -79.6%
134th Austria 1.72% -49.0%
135th Belgium 1.87% 110.6%
136th China 1.94% 17.6%
137th Italy 2.04% -45.8%
138th Guatemala 2.17% -57.1%
139th Micronesia, Federated States of 2.26% 138.9%
140th Lao PDR 2.29% 239.4%
141st Eswatini 2.61% -61.8%
142nd Australia 2.63% 51.4%
143rd Aruba 2.75% 115.9%
144th Ecuador 2.84% 35.7%
145th Israel 3.02% -18.1%
146th Belarus 3.07% 1,154.0%
147th Bolivia, Plurinational State of 3.32% 7,830.7%
148th Slovenia 3.37% -54.0%
149th Gabon 3.46% 798.2%
150th Iran, Islamic Republic of 3.63% 308.0%
151st Nauru 3.76% 48.9%
152nd South Africa 3.77% 91.6%
153rd Malaysia 3.88% -6.9%
154th Japan 3.90% 31.4%
155th Korea 4.39% 0.8%
156th Turkmenistan 4.56% 438.0%
157th Saudi Arabia 4.57% 237.3%
158th Luxembourg 4.99% 1.5%
159th San Marino 5.40% 93.9%
160th Suriname 5.67% -36.8%
161st Equatorial Guinea 5.69% 779.6%
162nd Sweden 6.22% 11.0%
163rd Bahrain 6.37% 170.4%
164th Russian Federation 6.83% 187.4%
165th Germany 6.92% 9.5%
166th Kiribati 7.10% -77.9%
167th Switzerland 7.67% 1,262.6%
168th Tajikistan 8.23% 89.2%
169th Macao SAR, China 8.50% -42.6%
170th Denmark 8.61% 19.1%
171st Malta 9.34% -41.7%
172nd Netherlands 10.28% 80.6%
173rd Angola 10.56% 705.3%
174th Trinidad and Tobago 10.85% 267.1%
175th Brunei Darussalam 11.14% 160.3%
176th United Arab Emirates 11.35% 92.1%
177th Congo, Republic of 11.57% -7.9%
178th Iraq 11.71% 308.4%
179th Hong Kong SAR, China 11.83% 69.2%
180th Zambia 11.90% 0.9%
181st Ireland 12.28% 273.4%
182nd Papua New Guinea 12.58% -12.4%
183rd Bermuda 13.20% 6.5%
184th Qatar 14.64% 808.1%
185th Norway 14.80% 1,241.8%
186th Azerbaijan 14.96% 2,907.1%
187th Andorra 15.02% -3.2%
188th Libya 16.11% 257.8%
189th Liechtenstein 17.00% -3.8%
190th Singapore 19.80% 13.1%
191st Kuwait 23.55% 440.0%
192nd Tuvalu 24.14% 48.8%
193rd Guinea 27.18% 269.2%
194th Marshall Islands 29.19% 95.8%
195th Timor-Leste 54.76% 130.0%

FAQ

What was Barbados's current account balance in 2021?

Barbados's current account balance in 2021 was -10.26%. This ranked 33rd globally.

How did Barbados's current account balance change in 2021?

Barbados's current account balance decreased by 105.7% in 2021 compared to 2020.

Which country had the highest current account balance in 2021?

Timor-Leste had the highest current account balance in 2021 at 54.76%.

What is the current account balance of Barbados in 2021?

The current account balance of Barbados in 2021 was -10.26%. This ranked 33rd globally.

How does 2021 compare to 2020 for Barbados's current account balance?

Barbados's current account balance went from -4.99% in 2020 to -10.26% in 2021, a 105.7% decrease.