Exports of goods, services and primary income (BoP, current US$), per in Barbados
Barbados: Exports of goods, services and primary income (BoP, current US$), per was 0.3935 BoP, current US$ per US$ of GDP in 2017. ▼ Falling
Exports of goods, services and primary income (BoP, current US$), per in Barbados, 1967–2017
Source: Statizoid (derived). Measured in BoP, current US$ per US$ of GDP.
Analysis
In 2017, exports of goods, services and primary income (bop, current us$), per in Barbados stood at 0.3935 BoP, current US$ per US$ of GDP. That is the lowest value across all 51 years on record.
The figure is down 16.2% on the previous year and down 22.2% over ten years.
Over the whole period, exports of goods, services and primary income (bop, current us$), per in Barbados peaked at 0.6251 BoP, current US$ per US$ of GDP in 1979 and was at its lowest, 0.3935 BoP, current US$ per US$ of GDP, in 2017.
Barbados ranks 110th of 198 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, services and primary income (BoP, current US$), per in Barbados, year by year
| Year | BoP, current US$ per US$ of GDP | Change |
|---|---|---|
| 1967 | 0.57 BoP, current US$ per US$ of GDP | — |
| 1968 | 0.608 BoP, current US$ per US$ of GDP | +6.7% |
| 1969 | 0.5642 BoP, current US$ per US$ of GDP | -7.2% |
| 1970 | 0.587 BoP, current US$ per US$ of GDP | +4.0% |
| 1971 | 0.5891 BoP, current US$ per US$ of GDP | +0.4% |
| 1972 | 0.5921 BoP, current US$ per US$ of GDP | +0.5% |
| 1973 | 0.574 BoP, current US$ per US$ of GDP | -3.1% |
| 1974 | 0.5461 BoP, current US$ per US$ of GDP | -4.9% |
| 1975 | 0.5081 BoP, current US$ per US$ of GDP | -7.0% |
| 1976 | 0.4805 BoP, current US$ per US$ of GDP | -5.4% |
| 1977 | 0.5224 BoP, current US$ per US$ of GDP | +8.7% |
| 1978 | 0.6039 BoP, current US$ per US$ of GDP | +15.6% |
| 1979 | 0.6251 BoP, current US$ per US$ of GDP | +3.5% |
| 1980 | 0.5317 BoP, current US$ per US$ of GDP | -14.9% |
| 1981 | 0.4769 BoP, current US$ per US$ of GDP | -10.3% |
| 1982 | 0.5016 BoP, current US$ per US$ of GDP | +5.2% |
| 1983 | 0.5175 BoP, current US$ per US$ of GDP | +3.2% |
| 1984 | 0.562 BoP, current US$ per US$ of GDP | +8.6% |
| 1985 | 0.5246 BoP, current US$ per US$ of GDP | -6.6% |
| 1986 | 0.509 BoP, current US$ per US$ of GDP | -3.0% |
| 1987 | 0.4233 BoP, current US$ per US$ of GDP | -16.8% |
| 1988 | 0.4524 BoP, current US$ per US$ of GDP | +6.9% |
| 1989 | 0.4571 BoP, current US$ per US$ of GDP | +1.0% |
| 1990 | 0.4441 BoP, current US$ per US$ of GDP | -2.8% |
| 1991 | 0.4293 BoP, current US$ per US$ of GDP | -3.3% |
| 1992 | 0.4355 BoP, current US$ per US$ of GDP | +1.4% |
| 1993 | 0.4476 BoP, current US$ per US$ of GDP | +2.8% |
| 1994 | 0.4808 BoP, current US$ per US$ of GDP | +7.4% |
| 1995 | 0.4961 BoP, current US$ per US$ of GDP | +3.2% |
| 1996 | 0.5559 BoP, current US$ per US$ of GDP | +12.0% |
| 1997 | 0.5008 BoP, current US$ per US$ of GDP | -9.9% |
| 1998 | 0.4561 BoP, current US$ per US$ of GDP | -8.9% |
| 1999 | 0.4552 BoP, current US$ per US$ of GDP | -0.2% |
| 2000 | 0.4861 BoP, current US$ per US$ of GDP | +6.8% |
| 2001 | 0.4551 BoP, current US$ per US$ of GDP | -6.4% |
| 2002 | 0.4498 BoP, current US$ per US$ of GDP | -1.2% |
| 2003 | 0.483 BoP, current US$ per US$ of GDP | +7.4% |
| 2004 | 0.4579 BoP, current US$ per US$ of GDP | -5.2% |
| 2005 | 0.4969 BoP, current US$ per US$ of GDP | +8.5% |
| 2006 | 0.5164 BoP, current US$ per US$ of GDP | +3.9% |
| 2007 | 0.506 BoP, current US$ per US$ of GDP | -2.0% |
| 2008 | 0.5268 BoP, current US$ per US$ of GDP | +4.1% |
| 2009 | 0.4852 BoP, current US$ per US$ of GDP | -7.9% |
| 2010 | 0.4223 BoP, current US$ per US$ of GDP | -13.0% |
| 2011 | 0.465 BoP, current US$ per US$ of GDP | +10.1% |
| 2012 | 0.4186 BoP, current US$ per US$ of GDP | -10.0% |
| 2013 | 0.4666 BoP, current US$ per US$ of GDP | +11.5% |
| 2014 | 0.4249 BoP, current US$ per US$ of GDP | -8.9% |
| 2015 | 0.4629 BoP, current US$ per US$ of GDP | +8.9% |
| 2016 | 0.4697 BoP, current US$ per US$ of GDP | +1.5% |
| 2017 | 0.3935 BoP, current US$ per US$ of GDP | -16.2% |
Barbados compared with similar countries
- Barbados's 0.3935 BoP, current US$ per US$ of GDP is below the median for high income countries, which is 0.587 BoP, current US$ per US$ of GDP, 67% of the median. (72 countries reporting)
- Barbados's 0.3935 BoP, current US$ per US$ of GDP is below the median for Latin America & Caribbean, which is 0.4002 BoP, current US$ per US$ of GDP, 98% of the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.5807 BoP, current US$ per US$ of GDP | 0.5642 BoP, current US$ per US$ of GDP | 0.608 BoP, current US$ per US$ of GDP | 3 |
| 1970s | 0.5628 BoP, current US$ per US$ of GDP | 0.4805 BoP, current US$ per US$ of GDP | 0.6251 BoP, current US$ per US$ of GDP | 10 |
| 1980s | 0.4956 BoP, current US$ per US$ of GDP | 0.4233 BoP, current US$ per US$ of GDP | 0.562 BoP, current US$ per US$ of GDP | 10 |
| 1990s | 0.4702 BoP, current US$ per US$ of GDP | 0.4293 BoP, current US$ per US$ of GDP | 0.5559 BoP, current US$ per US$ of GDP | 10 |
| 2000s | 0.4863 BoP, current US$ per US$ of GDP | 0.4498 BoP, current US$ per US$ of GDP | 0.5268 BoP, current US$ per US$ of GDP | 10 |
| 2010s | 0.4405 BoP, current US$ per US$ of GDP | 0.3935 BoP, current US$ per US$ of GDP | 0.4697 BoP, current US$ per US$ of GDP | 8 |
Countries ranked near Barbados
- 107 Democratic Republic of Congo 0.4045 BoP, current US$ per US$ of GDP compare
- 108 Paraguay 0.4002 BoP, current US$ per US$ of GDP compare
- 109 Canada 0.399 BoP, current US$ per US$ of GDP compare
- 111 Mauritania 0.3922 BoP, current US$ per US$ of GDP compare
- 112 Gambia 0.3833 BoP, current US$ per US$ of GDP compare
- 113 Gabon 0.3825 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$), annual growth rate 2.97 % change on previous year (2024)
Frequently asked questions
- What is exports of goods, services and primary income (bop, current us$), per in Barbados?
- Exports of goods, services and primary income (bop, current us$), per in Barbados was 0.3935 BoP, current US$ per US$ of GDP in 2017, according to Statizoid (derived).
- What is the highest exports of goods, services and primary income (bop, current us$), per recorded in Barbados?
- The highest recorded value was 0.6251 BoP, current US$ per US$ of GDP in 1979.
- What is the lowest exports of goods, services and primary income (bop, current us$), per recorded in Barbados?
- The lowest recorded value was 0.3935 BoP, current US$ per US$ of GDP in 2017.
- How does Barbados rank for exports of goods, services and primary income (bop, current us$), per?
- Barbados ranks 110th out of 198 countries with data for 2017.
- Is exports of goods, services and primary income (bop, current us$), per rising or falling in Barbados?
- Over the last ten years it is down 22.2%. 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, services and primary income (BoP, current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Exports of goods, services and primary income (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Exports of goods, services and primary income (BoP, current US$) ÷ GDP (current US$)
Computed from
- Exports of goods, services and primary income Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Exports of goods, services and primary income (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.