Cost of moneyBarbados
Savings vs inflation in Barbados
Is my bank account gaining or losing purchasing power?
Barbados's savings vs inflation is -0.71 % — #49 of 69 countries on the atlas (higher is better). Period 2022.
-0.71%
Source: Fiatmap derived metrics (own calculation from separately sourced components)
A bank account in Barbados loses about 0.7 pp of purchasing power a year — the deposit rate trails inflation.
Among 69 countries
- Rank
- #49 of 69
- higher is better
- Ranked behind
- 29 %
- 20 of 69 countries
In Americas: #16 of 21vs median 0.87 %: −1.58 pp (worse)
The neighbourhood
| # | Country | Savings vs inflation | vs Barbados |
|---|---|---|---|
| 47 | Switzerland | -0.07 % | +0.64 pp |
| 48 | Botswana | -0.31 % | +0.40 pp |
| 49 | Barbados | -0.71 % | — |
| 50 | Czech Republic | -0.86 % | −0.15 pp |
| 51 | Cambodia | -1.06 % | −0.35 pp |
Deposit rate minus inflation — whether an ordinary bank account gains or loses purchasing power. Our calculation from two separately sourced figures.
How to read this figure
Our own calculation: the bank deposit rate minus annual CPI inflation. Where the policy-rate real rate answers "does the central bank beat inflation", this answers the question an ordinary saver actually has — does MY account? Deposit rates come from the IMF (harmonised, ~100 economies), inflation from official CPI; we never compute it when either leg is missing.