Exports of goods, services and primary income in Barbados
Barbados: Exports of goods, services and primary income was 2.30 billion BoP, current US$ in 2017. ◆ Volatile
Exports of goods, services and primary income in Barbados, 1967–2017
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Barbados recorded 2.30 billion BoP, current US$ for exports of goods, services and primary income in 2017.
That represents a change of down 13.7% on the previous year and down 2.7% over ten years.
Over the whole period, exports of goods, services and primary income in Barbados peaked at 2.67 billion BoP, current US$ in 2016 and was at its lowest, 71.57 million BoP, current US$, in 1967.
That places Barbados 157th out of 199 countries with data for 2017, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Exports of goods, services and primary income in Barbados, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1967 | 71.57 million BoP, current US$ | — |
| 1968 | 76.44 million BoP, current US$ | +6.8% |
| 1969 | 79.77 million BoP, current US$ | +4.4% |
| 1970 | 97.56 million BoP, current US$ | +22.3% |
| 1971 | 110.06 million BoP, current US$ | +12.8% |
| 1972 | 126.55 million BoP, current US$ | +15.0% |
| 1973 | 149.67 million BoP, current US$ | +18.3% |
| 1974 | 170.28 million BoP, current US$ | +13.8% |
| 1975 | 204.35 million BoP, current US$ | +20.0% |
| 1976 | 209.44 million BoP, current US$ | +2.5% |
| 1977 | 258.63 million BoP, current US$ | +23.5% |
| 1978 | 333.86 million BoP, current US$ | +29.1% |
| 1979 | 419.03 million BoP, current US$ | +25.5% |
| 1980 | 538.21 million BoP, current US$ | +28.4% |
| 1981 | 531.35 million BoP, current US$ | -1.3% |
| 1982 | 583.77 million BoP, current US$ | +9.9% |
| 1983 | 639.65 million BoP, current US$ | +9.6% |
| 1984 | 756.96 million BoP, current US$ | +18.3% |
| 1985 | 739.49 million BoP, current US$ | -2.3% |
| 1986 | 787.84 million BoP, current US$ | +6.5% |
| 1987 | 721.41 million BoP, current US$ | -8.4% |
| 1988 | 820.06 million BoP, current US$ | +13.7% |
| 1989 | 917.09 million BoP, current US$ | +11.8% |
| 1990 | 893.62 million BoP, current US$ | -2.6% |
| 1991 | 867.44 million BoP, current US$ | -2.9% |
| 1992 | 852.22 million BoP, current US$ | -1.8% |
| 1993 | 923.64 million BoP, current US$ | +8.4% |
| 1994 | 1.03 billion BoP, current US$ | +12.0% |
| 1995 | 1.10 billion BoP, current US$ | +6.3% |
| 1996 | 1.31 billion BoP, current US$ | +19.5% |
| 1997 | 1.25 billion BoP, current US$ | -4.8% |
| 1998 | 1.28 billion BoP, current US$ | +2.7% |
| 1999 | 1.34 billion BoP, current US$ | +4.6% |
| 2000 | 1.49 billion BoP, current US$ | +10.7% |
| 2001 | 1.39 billion BoP, current US$ | -6.5% |
| 2002 | 1.40 billion BoP, current US$ | +0.5% |
| 2003 | 1.55 billion BoP, current US$ | +11.0% |
| 2004 | 1.58 billion BoP, current US$ | +1.7% |
| 2005 | 1.90 billion BoP, current US$ | +20.3% |
| 2006 | 2.18 billion BoP, current US$ | +14.7% |
| 2007 | 2.37 billion BoP, current US$ | +8.6% |
| 2008 | 2.52 billion BoP, current US$ | +6.6% |
| 2009 | 2.17 billion BoP, current US$ | -14.1% |
| 2010 | 2.29 billion BoP, current US$ | +5.8% |
| 2011 | 2.59 billion BoP, current US$ | +12.8% |
| 2012 | 2.30 billion BoP, current US$ | -11.2% |
| 2013 | 2.64 billion BoP, current US$ | +15.0% |
| 2014 | 2.42 billion BoP, current US$ | -8.5% |
| 2015 | 2.64 billion BoP, current US$ | +9.2% |
| 2016 | 2.67 billion BoP, current US$ | +1.1% |
| 2017 | 2.30 billion BoP, current US$ | -13.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 75.93 million BoP, current US$ | 71.57 million BoP, current US$ | 79.77 million BoP, current US$ | 3 |
| 1970s | 207.94 million BoP, current US$ | 97.56 million BoP, current US$ | 419.03 million BoP, current US$ | 10 |
| 1980s | 703.58 million BoP, current US$ | 531.35 million BoP, current US$ | 917.09 million BoP, current US$ | 10 |
| 1990s | 1.09 billion BoP, current US$ | 852.22 million BoP, current US$ | 1.34 billion BoP, current US$ | 10 |
| 2000s | 1.85 billion BoP, current US$ | 1.39 billion BoP, current US$ | 2.52 billion BoP, current US$ | 10 |
| 2010s | 2.48 billion BoP, current US$ | 2.29 billion BoP, current US$ | 2.67 billion BoP, current US$ | 8 |
Countries ranked near Barbados
- 154 Eswatini 2.71 billion BoP, current US$ compare
- 155 New Caledonia 2.55 billion BoP, current US$ compare
- 156 Seychelles 2.39 billion BoP, current US$ compare
- 158 Curaçao 2.27 billion BoP, current US$ compare
- 159 Togo 2.01 billion BoP, current US$ compare
- 160 Niger 1.92 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)
- 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$), annual growth rate 2.97 % change on previous year (2024)
Frequently asked questions
- What is exports of goods, services and primary income in Barbados?
- Exports of goods, services and primary income in Barbados was 2.30 billion BoP, current US$ in 2017, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest exports of goods, services and primary income recorded in Barbados?
- The highest recorded value was 2.67 billion BoP, current US$ in 2016.
- What is the lowest exports of goods, services and primary income recorded in Barbados?
- The lowest recorded value was 71.57 million BoP, current US$ in 1967.
- How does Barbados rank for exports of goods, services and primary income?
- Barbados ranks 157th out of 199 countries with data for 2017.
- Is exports of goods, services and primary income rising or falling in Barbados?
- Over the last ten years it is down 2.7%. 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, services and primary income (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. Primary income represents the return that accrues to institutional units for their contribution to the production process or for the provision of financial assets and renting natural resources to other institutional units. 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.