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Barbados

Barbadian and Bajan Financial sector Stats

Definitions

  • Assets > Claims on governments > Etc. > Annual growth as % of M2: Claims on governments and other public entities (IFS line 32an + 32b + 32bx + 32c) usually comprise direct credit for specific purposes such as financing of the government budget deficit or loans to state enterprises, advances against future credit authorisations, and purchases of treasury bills and bonds, net of deposits by the public sector. Public sector deposits with the banking system also include sinking funds for the service of debt and temporary deposits of government revenues. Money and quasi money (M2) comprise the sum of currency outside banks, demand deposits other than those of the central government, and the time, savings, and foreign currency deposits of resident sectors other than the central government."
  • Assets > Claims on governments and other public entities > Current LCU: Claims on governments and other public entities (IFS line 32an + 32b + 32bx + 32c) usually comprise direct credit for specific purposes such as financing of the government budget deficit or loans to state enterprises, advances against future credit authorisations, and purchases of treasury bills and bonds, net of deposits by the public sector. Public sector deposits with the banking system also include sinking funds for the service of debt and temporary deposits of government revenues. Data are in current local currency."
  • Assets > Claims on private sector > Annual growth as % of M2: Claims on private sector (IFS line 32d) include gross credit from the financial system to individuals, enterprises, nonfinancial public entities not included under net domestic credit, and financial institutions not included elsewhere. Money and quasi money (M2) comprise the sum of currency outside banks, demand deposits other than those of the central government, and the time, savings, and foreign currency deposits of resident sectors other than the central government."
  • Assets > Domestic credit provided by banking sector > % of GDP: Domestic credit provided by the banking sector includes all credit to various sectors on a gross basis, with the exception of credit to the central government, which is net. The banking sector includes monetary authorities and deposit money banks, as well as other banking institutions where data are available (including institutions that do not accept transferable deposits but do incur such liabilities as time and savings deposits). Examples of other banking institutions are savings and mortgage loan institutions and building and loan associations."
  • Capital markets > Stocks traded > Total value > Current US$: Stocks traded refers to the total value of shares traded during the period.
  • Exchange rates and prices > GDP deflator > Base year varies by country: The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency. The base year varies by country.
  • Exchange rates and prices > Official exchange rate > LCU per US$ > Period average: Official exchange rate refers to the exchange rate determined by national authorities or to the rate determined in the legally sanctioned exchange market. It is calculated as an annual average based on monthly averages (local currency units relative to the U.S. dollar).
  • Interest rates > Deposit interest rate: Deposit interest rate is the rate paid by commercial or similar banks for demand, time, or savings deposits."
  • Interest rates > Interest rate spread > Lending rate minus deposit rate: Interest rate spread is the interest rate charged by banks on loans to prime customers minus the interest rate paid by commercial or similar banks for demand, time, or savings deposits."
  • Interest rates > Lending interest rate: Lending interest rate is the rate charged by banks on loans to prime customers.
  • Interest rates > Risk premium on lending > Prime rate minus treasury bill rate: Risk premium on lending is the interest rate charged by banks on loans to prime private sector customers minus the ""risk free"" treasury bill interest rate at which short-term government securities are issued or traded in the market. In some countries this spread may be negative, indicating that the market considers its best corporate clients to be lower risk than the government."
  • Monetary holdings > Liabilities > Bank liquid > Reserves to bank assets ratio: Ratio of bank liquid reserves to bank assets is the ratio of domestic currency holdings and deposits with the monetary authorities to claims on other governments, nonfinancial public enterprises, the private sector, and other banking institutions."
  • Monetary holdings > Liabilities > Money and quasi money > M2 > Current LCU: Money and quasi money comprise the sum of currency outside banks, demand deposits other than those of the central government, and the time, savings, and foreign currency deposits of resident sectors other than the central government. This definition of money supply is frequently called M2; it corresponds to lines 34 and 35 in the International Monetary Fund's (IMF) International Financial Statistics (IFS). Data are in current local currency."
  • Monetary holdings > Liabilities > Money and quasi money > M2 as % of GDP: Money and quasi money comprise the sum of currency outside banks, demand deposits other than those of the central government, and the time, savings, and foreign currency deposits of resident sectors other than the central government. This definition of money supply is frequently called M2; it corresponds to lines 34 and 35 in the International Monetary Fund's (IMF) International Financial Statistics (IFS)."
  • Monetary holdings > Liabilities > Money and quasi money > M2 to total > Reserves ratio: Money and quasi money comprise the sum of currency outside banks, demand deposits other than those of the central government, and the time, savings, and foreign currency deposits of resident sectors other than the central government. This definition is frequently called M2; it corresponds to lines 34 and 35 in the International Monetary Fund's (IMF) International Financial Statistics (IFS). Total reserves comprise holdings of monetary gold, special drawing rights, reserves of IMF members held by the IMF, and holdings of foreign exchange under the control of monetary authorities. The gold component of these reserves is valued at year-end (December 31) London prices."
STAT AMOUNT DATE RANK HISTORY
Assets > Claims on governments > Etc. > Annual growth as % of M2 2.38% 2008 49th out of 144
Assets > Claims on governments and other public entities > Current LCU 1.19 billion 2008 67th out of 145
Assets > Claims on private sector > Annual growth as % of M2 4.71% 2008 127th out of 143
Assets > Domestic credit provided by banking sector > % of GDP 123.71% 2008 16th out of 138
Capital markets > Stocks traded > Total value > Current US$ $187.51 million 2008 76th out of 94
Exchange rates and prices > GDP deflator > Base year varies by country 455.49 2002 18th out of 183
Exchange rates and prices > Official exchange rate > LCU per US$ > Period average $2.00 2009 89th out of 123
Interest rates > Deposit interest rate 5.13% 2007 67th out of 144
Interest rates > Interest rate spread > Lending rate minus deposit rate 5.62% 2007 84th out of 130
Interest rates > Lending interest rate 10.03% 2008 81st out of 126
Interest rates > Risk premium on lending > Prime rate minus treasury bill rate 5.84% 2008 25th out of 68
Monetary holdings > Liabilities > Bank liquid > Reserves to bank assets ratio 6.87% 2008 104th out of 158
Monetary holdings > Liabilities > Money and quasi money > M2 > Current LCU 10.67 billion 2008 116th out of 144
Monetary holdings > Liabilities > Money and quasi money > M2 as % of GDP 144.32% 2008 3rd out of 138
Monetary holdings > Liabilities > Money and quasi money > M2 to total > Reserves ratio 7.23 2008 19th out of 134

SOURCES: International Monetary Fund, International Financial Statistics and data files.; International Monetary Fund, International Financial Statistics and data files, and World Bank and OECD GDP estimates.; Standard & Poor's, Emerging Stock Markets Factbook and supplemental S&P; data.; World Bank national accounts data, and OECD National Accounts data files.; International Monetary Fund, International Financial Statistics.; International Monetary Fund, International Financial Statistics database.

Citation

"Barbados Financial sector Stats", NationMaster. Retrieved from http://www.nationmaster.com/country-info/profiles/Barbados/Economy/Financial-sector

Barbados Economy > Financial sector Profiles (Subcategories)

Assets 7 Interest rates 5
Capital markets 6 Monetary holdings 8
Exchange rates and prices 4