Improvement in magnetic and electrical properties of multiferroic BiFeO3 in conjunction with their dependence on particle size is crucial due to its potential applications in multifunctional miniaturized devices. In this investigation, we report a study on particle size dependent structural, magnetic and electrical properties of sol-gel derived Bi0.9Ba0.1FeO3 nanoparticles of different sizes ranging from ∼ 12 to 49 nm. The substitution of Bi by Ba significantly suppresses oxygen vacancies, reduces leakage current density and Fe 2+ state. An improvement in both magnetic and electrical properties is observed for 10 % Ba-doped BiFeO3 nanoparticles compared to its undoped counterpart. The saturation magnetization of Bi0.9Ba0.1FeO3 nanoparticles increase with reducing particle size in contrast with a decreasing trend of ferroelectric polarization. Moreover, a first order metamagnetic transition is noticed for ∼ 49 nm Bi0.9Ba0.1FeO3 nanoparticles which disappeared with decreasing particle size. The observed strong size dependent multiferroic properties are attributed to the complex interaction between vacancy induced crystallographic defects, multiple valence states of Fe, uncompensated surface spins, crystallographic distortion and suppression of spiral spin cycloid of BiFeO3.