Exports of goods and services in Barbados
Barbados: Exports of goods and services was 2.23 billion BoP, current US$ in 2017. ◆ Volatile
Latest (2017)
2.23 billion BoP, current US$
Change on year
down 7.6%
World rank
153rd
of 199 countries
All-time high
2.41 billion BoP, current US$
in 2016
All-time low
65.57 million BoP, current US$
in 1967
Years of data
51
1967–2017
Exports of goods and services in Barbados, 1967–2017
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for exports of goods and services in Barbados is 2.23 billion BoP, current US$, measured in 2017.
That represents a change of down 7.6% on the previous year and up 2.6% over ten years.
Over the whole period, exports of goods and services in Barbados peaked at 2.41 billion BoP, current US$ in 2016 and was at its lowest, 65.57 million BoP, current US$, in 1967.
Barbados ranks 153rd of 199 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Exports of goods and services in Barbados, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1967 | 65.57 million BoP, current US$ | — |
| 1968 | 71.05 million BoP, current US$ | +8.4% |
| 1969 | 73.10 million BoP, current US$ | +2.9% |
| 1970 | 89.23 million BoP, current US$ | +22.1% |
| 1971 | 101.17 million BoP, current US$ | +13.4% |
| 1972 | 117.18 million BoP, current US$ | +15.8% |
| 1973 | 137.37 million BoP, current US$ | +17.2% |
| 1974 | 160.26 million BoP, current US$ | +16.7% |
| 1975 | 192.78 million BoP, current US$ | +20.3% |
| 1976 | 198.17 million BoP, current US$ | +2.8% |
| 1977 | 247.80 million BoP, current US$ | +25.0% |
| 1978 | 320.33 million BoP, current US$ | +29.3% |
| 1979 | 403.15 million BoP, current US$ | +25.9% |
| 1980 | 511.76 million BoP, current US$ | +26.9% |
| 1981 | 499.55 million BoP, current US$ | -2.4% |
| 1982 | 553.82 million BoP, current US$ | +10.9% |
| 1983 | 613.45 million BoP, current US$ | +10.8% |
| 1984 | 720.81 million BoP, current US$ | +17.5% |
| 1985 | 715.09 million BoP, current US$ | -0.8% |
| 1986 | 743.28 million BoP, current US$ | +3.9% |
| 1987 | 674.49 million BoP, current US$ | -9.3% |
| 1988 | 774.78 million BoP, current US$ | +14.9% |
| 1989 | 869.59 million BoP, current US$ | +12.2% |
| 1990 | 849.17 million BoP, current US$ | -2.3% |
| 1991 | 820.39 million BoP, current US$ | -3.4% |
| 1992 | 803.77 million BoP, current US$ | -2.0% |
| 1993 | 872.59 million BoP, current US$ | +8.6% |
| 1994 | 976.38 million BoP, current US$ | +11.9% |
| 1995 | 1.04 billion BoP, current US$ | +6.7% |
| 1996 | 1.25 billion BoP, current US$ | +19.8% |
| 1997 | 1.18 billion BoP, current US$ | -5.3% |
| 1998 | 1.21 billion BoP, current US$ | +2.3% |
| 1999 | 1.26 billion BoP, current US$ | +4.4% |
| 2000 | 1.40 billion BoP, current US$ | +11.0% |
| 2001 | 1.30 billion BoP, current US$ | -7.1% |
| 2002 | 1.31 billion BoP, current US$ | +0.4% |
| 2003 | 1.46 billion BoP, current US$ | +11.4% |
| 2004 | 1.47 billion BoP, current US$ | +0.6% |
| 2005 | 1.76 billion BoP, current US$ | +20.2% |
| 2006 | 2.05 billion BoP, current US$ | +16.1% |
| 2007 | 2.17 billion BoP, current US$ | +6.1% |
| 2008 | 2.25 billion BoP, current US$ | +3.7% |
| 2009 | 1.90 billion BoP, current US$ | -15.8% |
| 2010 | 2.05 billion BoP, current US$ | +8.3% |
| 2011 | 2.13 billion BoP, current US$ | +3.7% |
| 2012 | 2.09 billion BoP, current US$ | -2.1% |
| 2013 | 2.34 billion BoP, current US$ | +12.4% |
| 2014 | 2.34 billion BoP, current US$ | +0.0% |
| 2015 | 2.36 billion BoP, current US$ | +0.6% |
| 2016 | 2.41 billion BoP, current US$ | +2.2% |
| 2017 | 2.23 billion BoP, current US$ | -7.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 69.91 million BoP, current US$ | 65.57 million BoP, current US$ | 73.10 million BoP, current US$ | 3 |
| 1970s | 196.74 million BoP, current US$ | 89.23 million BoP, current US$ | 403.15 million BoP, current US$ | 10 |
| 1980s | 667.66 million BoP, current US$ | 499.55 million BoP, current US$ | 869.59 million BoP, current US$ | 10 |
| 1990s | 1.03 billion BoP, current US$ | 803.77 million BoP, current US$ | 1.26 billion BoP, current US$ | 10 |
| 2000s | 1.71 billion BoP, current US$ | 1.30 billion BoP, current US$ | 2.25 billion BoP, current US$ | 10 |
| 2010s | 2.24 billion BoP, current US$ | 2.05 billion BoP, current US$ | 2.41 billion BoP, current US$ | 8 |
Countries ranked near Barbados
- 150 Aruba 3.15 billion BoP, current US$ compare
- 151 Eswatini 2.56 billion BoP, current US$ compare
- 152 Seychelles 2.31 billion BoP, current US$ compare
- 154 Tajikistan 2.12 billion BoP, current US$ compare
- 155 Curaçao 2.11 billion BoP, current US$ compare
- 156 New Caledonia 1.88 billion BoP, current US$ 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)
- Manufacturing, value added (constant LCU), per capita 2,645 constant LCU per person (2024)
- Industry (including construction), value added (current US$), annual 4.5 % change on previous year (2024)
- Industry (including construction), value added (current US$), per 0.1221 current US$ per US$ of GDP (2024)
- Industry (including construction), value added (current US$), per 3,283 current US$ per person (2024)
- Industry (including construction), value added (current LCU), annual 4.5 % change on previous year (2024)
- Industry (including construction), value added (current LCU), per 0.2441 current LCU per US$ of GDP (2024)
- Industry (including construction), value added (current LCU), per 6,567 current LCU per person (2024)
- Industry (including construction), value added (constant 2015 US$) 5.1 % change on previous year (2024)
Frequently asked questions
- What is exports of goods and services in Barbados?
- Exports of goods and services in Barbados was 2.23 billion BoP, current US$ in 2017, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest exports of goods and services recorded in Barbados?
- The highest recorded value was 2.41 billion BoP, current US$ in 2016.
- What is the lowest exports of goods and services recorded in Barbados?
- The lowest recorded value was 65.57 million BoP, current US$ in 1967.
- How does Barbados rank for exports of goods and services?
- Barbados ranks 153rd out of 199 countries with data for 2017.
- Is exports of goods and services rising or falling in Barbados?
- Over the last ten years it is up 2.6%. The long-run trend across the full record is volatile.
- Where does this Barbados data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Exports of goods and services (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Exports of goods includes changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. Exports of services includes services provided by residents to non-residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.