Exports of goods and services (BoP, current US$), per unit of GDP in Barbados
Barbados: Exports of goods and services (BoP, current US$), per unit of GDP was 0.381 BoP, current US$ per US$ of GDP in 2017. ▼ Falling
Latest (2017)
0.381 BoP, current US$ per US$ of GDP
Change on year
down 10.2%
World rank
100th
of 199 countries
All-time high
0.6014 BoP, current US$ per US$ of GDP
in 1979
All-time low
0.3785 BoP, current US$ per US$ of GDP
in 2010
Years of data
51
1967–2017
Exports of goods and services (BoP, current US$), per unit of GDP in Barbados, 1967–2017
Source: Statizoid (derived). Measured in BoP, current US$ per US$ of GDP.
Analysis
Barbados recorded 0.381 BoP, current US$ per US$ of GDP for exports of goods and services (bop, current us$), per unit of gdp in 2017.
That represents a change of down 10.2% on the previous year and down 17.9% over ten years.
Over the whole period, exports of goods and services (bop, current us$), per unit of gdp in Barbados peaked at 0.6014 BoP, current US$ per US$ of GDP in 1979 and was at its lowest, 0.3785 BoP, current US$ per US$ of GDP, in 2010.
Barbados ranks 100th of 199 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 51 years of available data.
Exports of goods and services (BoP, current US$), per unit of GDP in Barbados, year by year
| Year | BoP, current US$ per US$ of GDP | Change |
|---|---|---|
| 1967 | 0.5222 BoP, current US$ per US$ of GDP | — |
| 1968 | 0.5651 BoP, current US$ per US$ of GDP | +8.2% |
| 1969 | 0.517 BoP, current US$ per US$ of GDP | -8.5% |
| 1970 | 0.5368 BoP, current US$ per US$ of GDP | +3.8% |
| 1971 | 0.5415 BoP, current US$ per US$ of GDP | +0.9% |
| 1972 | 0.5483 BoP, current US$ per US$ of GDP | +1.2% |
| 1973 | 0.5268 BoP, current US$ per US$ of GDP | -3.9% |
| 1974 | 0.514 BoP, current US$ per US$ of GDP | -2.4% |
| 1975 | 0.4793 BoP, current US$ per US$ of GDP | -6.7% |
| 1976 | 0.4546 BoP, current US$ per US$ of GDP | -5.2% |
| 1977 | 0.5005 BoP, current US$ per US$ of GDP | +10.1% |
| 1978 | 0.5794 BoP, current US$ per US$ of GDP | +15.8% |
| 1979 | 0.6014 BoP, current US$ per US$ of GDP | +3.8% |
| 1980 | 0.5056 BoP, current US$ per US$ of GDP | -15.9% |
| 1981 | 0.4483 BoP, current US$ per US$ of GDP | -11.3% |
| 1982 | 0.4758 BoP, current US$ per US$ of GDP | +6.1% |
| 1983 | 0.4963 BoP, current US$ per US$ of GDP | +4.3% |
| 1984 | 0.5352 BoP, current US$ per US$ of GDP | +7.8% |
| 1985 | 0.5073 BoP, current US$ per US$ of GDP | -5.2% |
| 1986 | 0.4802 BoP, current US$ per US$ of GDP | -5.3% |
| 1987 | 0.3957 BoP, current US$ per US$ of GDP | -17.6% |
| 1988 | 0.4274 BoP, current US$ per US$ of GDP | +8.0% |
| 1989 | 0.4335 BoP, current US$ per US$ of GDP | +1.4% |
| 1990 | 0.422 BoP, current US$ per US$ of GDP | -2.6% |
| 1991 | 0.406 BoP, current US$ per US$ of GDP | -3.8% |
| 1992 | 0.4107 BoP, current US$ per US$ of GDP | +1.2% |
| 1993 | 0.4229 BoP, current US$ per US$ of GDP | +3.0% |
| 1994 | 0.4538 BoP, current US$ per US$ of GDP | +7.3% |
| 1995 | 0.4701 BoP, current US$ per US$ of GDP | +3.6% |
| 1996 | 0.5282 BoP, current US$ per US$ of GDP | +12.4% |
| 1997 | 0.473 BoP, current US$ per US$ of GDP | -10.4% |
| 1998 | 0.4293 BoP, current US$ per US$ of GDP | -9.2% |
| 1999 | 0.4279 BoP, current US$ per US$ of GDP | -0.3% |
| 2000 | 0.4584 BoP, current US$ per US$ of GDP | +7.1% |
| 2001 | 0.4264 BoP, current US$ per US$ of GDP | -7.0% |
| 2002 | 0.4211 BoP, current US$ per US$ of GDP | -1.3% |
| 2003 | 0.454 BoP, current US$ per US$ of GDP | +7.8% |
| 2004 | 0.4257 BoP, current US$ per US$ of GDP | -6.2% |
| 2005 | 0.4615 BoP, current US$ per US$ of GDP | +8.4% |
| 2006 | 0.4852 BoP, current US$ per US$ of GDP | +5.1% |
| 2007 | 0.4643 BoP, current US$ per US$ of GDP | -4.3% |
| 2008 | 0.4701 BoP, current US$ per US$ of GDP | +1.2% |
| 2009 | 0.4245 BoP, current US$ per US$ of GDP | -9.7% |
| 2010 | 0.3785 BoP, current US$ per US$ of GDP | -10.8% |
| 2011 | 0.3831 BoP, current US$ per US$ of GDP | +1.2% |
| 2012 | 0.3801 BoP, current US$ per US$ of GDP | -0.8% |
| 2013 | 0.414 BoP, current US$ per US$ of GDP | +8.9% |
| 2014 | 0.4123 BoP, current US$ per US$ of GDP | -0.4% |
| 2015 | 0.4138 BoP, current US$ per US$ of GDP | +0.4% |
| 2016 | 0.4244 BoP, current US$ per US$ of GDP | +2.6% |
| 2017 | 0.381 BoP, current US$ per US$ of GDP | -10.2% |
Barbados compared with similar countries
- Barbados's 0.381 BoP, current US$ per US$ of GDP is below the median for high income countries, which is 0.5197 BoP, current US$ per US$ of GDP, 73% of the median. (72 countries reporting)
- Barbados's 0.381 BoP, current US$ per US$ of GDP is below the median for Latin America & Caribbean, which is 0.3885 BoP, current US$ per US$ of GDP, 98% of the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.5348 BoP, current US$ per US$ of GDP | 0.517 BoP, current US$ per US$ of GDP | 0.5651 BoP, current US$ per US$ of GDP | 3 |
| 1970s | 0.5283 BoP, current US$ per US$ of GDP | 0.4546 BoP, current US$ per US$ of GDP | 0.6014 BoP, current US$ per US$ of GDP | 10 |
| 1980s | 0.4705 BoP, current US$ per US$ of GDP | 0.3957 BoP, current US$ per US$ of GDP | 0.5352 BoP, current US$ per US$ of GDP | 10 |
| 1990s | 0.4444 BoP, current US$ per US$ of GDP | 0.406 BoP, current US$ per US$ of GDP | 0.5282 BoP, current US$ per US$ of GDP | 10 |
| 2000s | 0.4491 BoP, current US$ per US$ of GDP | 0.4211 BoP, current US$ per US$ of GDP | 0.4852 BoP, current US$ per US$ of GDP | 10 |
| 2010s | 0.3984 BoP, current US$ per US$ of GDP | 0.3785 BoP, current US$ per US$ of GDP | 0.4244 BoP, current US$ per US$ of GDP | 8 |
Countries ranked near Barbados
- 97 Tunisia 0.3926 BoP, current US$ per US$ of GDP compare
- 98 Paraguay 0.3885 BoP, current US$ per US$ of GDP compare
- 99 Jordan 0.3878 BoP, current US$ per US$ of GDP compare
- 101 Gabon 0.3747 BoP, current US$ per US$ of GDP compare
- 102 Albania 0.3739 BoP, current US$ per US$ of GDP compare
- 103 Mauritania 0.3727 BoP, current US$ per US$ of GDP compare
More economy & growth data for Barbados
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.99 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 18.57 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0024 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 65.74 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 303.06 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 34.75 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0399 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,073 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 2.97 % change on previous year (2024)
Frequently asked questions
- What is exports of goods and services (bop, current us$), per unit of gdp in Barbados?
- Exports of goods and services (bop, current us$), per unit of gdp in Barbados was 0.381 BoP, current US$ per US$ of GDP in 2017, according to Statizoid (derived).
- What is the highest exports of goods and services (bop, current us$), per unit of gdp recorded in Barbados?
- The highest recorded value was 0.6014 BoP, current US$ per US$ of GDP in 1979.
- What is the lowest exports of goods and services (bop, current us$), per unit of gdp recorded in Barbados?
- The lowest recorded value was 0.3785 BoP, current US$ per US$ of GDP in 2010.
- How does Barbados rank for exports of goods and services (bop, current us$), per unit of gdp?
- Barbados ranks 100th out of 199 countries with data for 2017.
- Is exports of goods and services (bop, current us$), per unit of gdp rising or falling in Barbados?
- Over the last ten years it is down 17.9%. The long-run trend across the full record is falling.
- Where does this Barbados data come from?
- The figures come from Statizoid (derived), published as part of Exports of goods and services (BoP, current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Exports of goods and services (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Exports of goods and services (BoP, current US$) ÷ GDP (current US$)
Computed from
- Exports of goods and services Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Exports of goods and services (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.