Macro-economic Data

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    A. Demography and Macroeconomy

    A.1 Population
    VariableEnd of 2015End of 2014End of 2013SourcesVar ID
    Total population.28 million.28 million.28 million
    WDI
    		A.1.1
    Urban population (% of total)31.48% of total31.55% of total31.65% of total
    WDI
    		A.1.4
    Urban population growth (annual %).04% -.04%
    WDI
    		A.1.5
    A.2 Economy
    VariableEnd of 2015End of 2014End of 2013SourcesVar ID
    GDP, current prices (U.S. dollars)4,412 USD (millions)4,353 USD (millions)4,371 USD (millions)
    WEO
    		A.2.1
    GDP based on PPP valuation of country GDP (Current international dollar)4,636 USD (millions)4,569 USD (millions)4,485 USD (millions)
    WEO
    		A.2.2
    GDP per capita, current prices (U.S. dollars)15,773.56 USD 15,596.53 USD 15,698.42 USD
    WEO
    		A.2.3
    GDP based on PPP per capita GDP (Current international dollar)16,574.83 USD 16,371.13 USD 16,106.88 USD
    WEO
    		A.2.4
    GDP, constant prices (Percent change).47%.23%-.04%
    WEO
    		A.2.5
    Inflation, end of period consumer prices (Percent change)-.68%2.31%1.06%
    WEO
    		A.2.6
    GDP, deflator (Index)790.49783.50788.60
    WEO
    		A.2.7
    Consumer price index117.40118.65116.46
    WDI
    		A.2.8
    Growth in urban household income (%/year)A.2.13
    Employment (% of total laborforce)A.2.14
    Unemployed11.9%11.8%11.6%A.2.14.3
    Interest Rates:A.2.15
    Central bank lending/discount rate7%7%7%
    IFS
    		A.2.15.1
    Yield on 3 months treasury bills2.82%3.2%3.4%
    IFS
    		A.2.15.2
    Average bank deposit rate1.32%2.51%2.51%
    IFS
    		A.2.15.4
    Lending rate8.06%8.38%8.7%
    IFS
    		A.2.15.5
    B. Housing Market
    B.1 Housing Stock: Production, Transactions
    VariableEnd of 2015End of 2014End of 2013SourcesVar ID
    Number of dwelling units:B.1.1
    Total  .09 millionB.1.1.1
    Percentage of vacant units  16.18% of totalB.1.2
    Characteristics of housing stock:B.1.3
    Tenure in urban areas (%):B.1.4
    Owner-occupied units  62.6% of totalB.1.4.1
    Private rental units  15.76% of totalB.1.4.3
    Public / social rental units  4.91% of totalB.1.4.4
    Other forms of tenure   5.44% of totalB.1.4.5
    Estimated Number of units completed/yearB.1.5
    B.2 Housing Prices and Cost for Urban Areas or Capital City
    VariableEnd of 2015End of 2014End of 2013SourcesVar ID
    Median urban house price in USD:B.2.1
    Median house price to median annual HH income:B.2.2
    Annual average % change in median house prices:B.2.3
    M2 construction cost for median quality houseB.2.4

    back to top | Country Data:
    Notes: As of Q2 2015.
    Notes: Barbados National Housing Corporation provides government subsidized housing loans for low-income borrowers.
    Notes: Barbados National Housing Corporation provides government subsidized housing loans for low-income borrowers.
    Notes: Barbados National Housing Corporation provides government subsidized housing loans for low-income borrowers.
    Notes: Barbados National Housing Corporation provides government subsidized housing loans for low-income borrowers.
    Notes: Barbados National Housing Corporation provides government subsidized housing loans for low-income borrowers.
    Notes: Barbados National Housing Corporation provides government subsidized housing loans for low-income borrowers.
    Notes: Barbados National Housing Corporation provides government subsidized housing loans for low-income borrowers.
    Notes: Data from Commercial Banks, Non-Banking Financial Institutions and Credit Unions. Data not available for National Housing Corporation, which provides affordable housing loans.
    Notes: Data from Commercial Banks, Non-Banking Financial Institutions and Credit Unions. Data not available for National Housing Corporation, which provides affordable housing loans.
    Notes: Data from Commercial Banks, Non-Banking Financial Institutions and Credit Unions. Data not available for National Housing Corporation, which provides affordable housing loans.
    Notes: Data from Commercial Banks, Non-Banking Financial Institutions and Credit Unions. Data not available for National Housing Corporation, which provides affordable housing loans.
    Notes: Data from Commercial Banks, Non-Banking Financial Institutions and Credit Unions. Data not available for National Housing Corporation, which provides affordable housing loans.
    Notes: Data from Commercial Banks, Non-Banking Financial Institutions and Credit Unions. Data not available for National Housing Corporation, which provides affordable housing loans.
    Notes: Data from Commercial Banks, Non-Banking Financial Institutions and Credit Unions. Data not available for National Housing Corporation, which provides affordable housing loans.
    Notes: Data from Commercial Banks, Non-Banking Financial Institutions and Credit Unions. Data not available for National Housing Corporation, which provides affordable housing loans.
    Notes: Data from Commercial Banks, Non-Banking Financial Institutions and Credit Unions. Data not available for National Housing Corporation, which provides affordable housing loans.
    Notes: Data from Commercial Banks, Non-Banking Financial Institutions and Credit Unions. Data not available for National Housing Corporation, which provides affordable housing loans.
    Notes: Data from Commercial Banks, Non-Banking Financial Institutions and Credit Unions. Data not available for National Housing Corporation, which provides affordable housing loans.
    Notes: Data from Commercial Banks, Non-Banking Financial Institutions and Credit Unions. Data not available for National Housing Corporation, which provides affordable housing loans.
    Notes: Data from Commercial Banks, Non-Banking Financial Institutions and Credit Unions. Data not available for National Housing Corporation, which provides affordable housing loans.
    Notes: Data from Commercial Banks, Non-Banking Financial Institutions and Credit Unions. Data not available for National Housing Corporation, which provides affordable housing loans.
    Notes: Data from Commercial Banks, Non-Banking Financial Institutions and Credit Unions. Data not available for National Housing Corporation, which provides affordable housing loans.
    Notes: Data from Commercial Banks, Non-Banking Financial Institutions and Credit Unions. Data not available for National Housing Corporation, which provides affordable housing loans.
    Notes: Data from Commercial Banks, Non-Banking Financial Institutions and Credit Unions. Data not available for National Housing Corporation, which provides affordable housing loans.
    Notes: Data from Commercial Banks, Non-Banking Financial Institutions and Credit Unions. Data not available for National Housing Corporation, which provides affordable housing loans.
    Notes: Data from Commercial Banks, Non-Banking Financial Institutions and Credit Unions. Data not available for National Housing Corporation, which provides affordable housing loans.
    Notes: Data from Commercial Banks, Non-Banking Financial Institutions and Credit Unions. Data not available for National Housing Corporation, which provides affordable housing loans.
    Notes: Data from Commercial Banks, Non-Banking Financial Institutions and Credit Unions. Data not available for National Housing Corporation, which provides affordable housing loans.
    Notes: Data from Commercial Banks, Non-Banking Financial Institutions and Credit Unions. Data not available for National Housing Corporation, which provides affordable housing loans.
    Notes: Data from Commercial Banks, Non-Banking Financial Institutions and Credit Unions. Data not available for National Housing Corporation, which provides affordable housing loans.
    Notes: Data from Commercial Banks, Non-Banking Financial Institutions and Credit Unions. Data not available for National Housing Corporation, which provides affordable housing loans.
    Notes: Data from Commercial Banks, Non-Banking Financial Institutions and Credit Unions. Data not available for National Housing Corporation, which provides affordable housing loans.
    Notes: Data from Commercial Banks, Non-Banking Financial Institutions and Credit Unions. Data not available for National Housing Corporation, which provides affordable housing loans.
    Notes: Data from Commercial Banks, Non-Banking Financial Institutions and Credit Unions. Data not available for National Housing Corporation, which provides affordable housing loans.
    Notes: Data from Commercial Banks, Non-Banking Financial Institutions and Credit Unions. Data not available for National Housing Corporation, which provides affordable housing loans.
    Notes: Data from Commercial Banks, Non-Banking Financial Institutions and Credit Unions. Data not available for National Housing Corporation, which provides affordable housing loans.
    Notes: Data from Commercial Banks, Non-Banking Financial Institutions and Credit Unions. Data not available for National Housing Corporation, which provides affordable housing loans.
    Notes: Data from Commercial Banks, Non-Banking Financial Institutions and Credit Unions. Data not available for National Housing Corporation, which provides affordable housing loans.
    Notes: Data from Commercial Banks, Non-Banking Financial Institutions and Credit Unions. Data not available for National Housing Corporation, which provides affordable housing loans.
    Notes: Housing Credit Fund operates as a second tier mortgage market wholesaler and provide funds to financial institutions which in turn on-lend to individual borrowers.
    Notes: Housing Credit Fund operates as a second tier mortgage market wholesaler and provide funds to financial institutions which in turn on-lend to individual borrowers.
    Notes: Housing Credit Fund operates as a second tier mortgage market wholesaler and provide funds to financial institutions which in turn on-lend to individual borrowers.
    Notes: Housing Credit Fund operates as a second tier mortgage market wholesaler and provide funds to financial institutions which in turn on-lend to individual borrowers.
    Notes: Housing Credit Fund operates as a second tier mortgage market wholesaler and provide funds to financial institutions which in turn on-lend to individual borrowers.
    Notes: Housing Credit Fund operates as a second tier mortgage market wholesaler and provide funds to financial institutions which in turn on-lend to individual borrowers.
    Notes: Housing Credit Fund operates as a second tier mortgage market wholesaler and provide funds to financial institutions which in turn on-lend to individual borrowers.
    Notes: Housing Credit Fund operates as a second tier mortgage market wholesaler and provide funds to financial institutions which in turn on-lend to individual borrowers.
    Notes: Housing Credit Fund operates as a second tier mortgage market wholesaler and provide funds to financial institutions which in turn on-lend to individual borrowers.
    Notes: Housing Credit Fund operates as a second tier mortgage market wholesaler and provide funds to financial institutions which in turn on-lend to individual borrowers.
    Notes: Housing Credit Fund operates as a second tier mortgage market wholesaler and provide funds to financial institutions which in turn on-lend to individual borrowers.
    Notes: Housing Credit Fund operates as a second tier mortgage market wholesaler and provide funds to financial institutions which in turn on-lend to individual borrowers.
    Notes: Housing Credit Fund operates as a second tier mortgage market wholesaler and provide funds to financial institutions which in turn on-lend to individual borrowers.
    Notes: Housing Credit Fund operates as a second tier mortgage market wholesaler and provide funds to financial institutions which in turn on-lend to individual borrowers.
    Notes: Housing Credit Fund operates as a second tier mortgage market wholesaler and provide funds to financial institutions which in turn on-lend to individual borrowers.
    Notes: Median value from leading commercial banks.
    Notes: No underwriting provisions in "credit risk management" section of bank supervision.
    Notes: No underwriting provisions in "credit risk management" section of bank supervision.
    Notes: No underwriting provisions in "credit risk management" section of bank supervision.
    Notes: No underwriting provisions in "credit risk management" section of bank supervision.
    Notes: The National Housing Corporation (NHC) primarily works to build housing projects in various regions of Barbados. They also offer more affordable mortgage options for citizens that qualify for this government housing. Outstanding loan balances by the NHC are negligible in size and are not reported by the central bank.
    Notes: This number reflects non-performing mortgage loans as a percentage of all mortgage loans for commercial banks, which issue the majority of mortgage loans in Barbados.
    Notes: This number reflects non-performing mortgage loans as a percentage of all mortgage loans for commercial banks, which issue the majority of mortgage loans in Barbados.
    Notes: This number reflects non-performing mortgage loans as a percentage of all mortgage loans for commercial banks, which issue the majority of mortgage loans in Barbados.
    Notes: This number reflects non-performing mortgage loans as a percentage of all mortgage loans for commercial banks, which issue the majority of mortgage loans in Barbados.
    Notes: Those with loans over 80% LTV need to pay for PMI (private mortgage insurance) for any mortgages from the NHC.
    Notes: Up to such value