Goods exports (BoP, current US$), per unit of GDP in Barbados
Barbados: Goods exports (BoP, current US$), per unit of GDP was 0.1206 BoP, current US$ per US$ of GDP in 2017. ▼ Falling
Goods exports (BoP, current US$), per unit of GDP in Barbados, 1967–2017
Source: Statizoid (derived). Measured in BoP, current US$ per US$ of GDP.
Analysis
The most recent figure for goods exports (bop, current us$), per unit of gdp in Barbados is 0.1206 BoP, current US$ per US$ of GDP, measured in 2017.
Compared with earlier readings it is down 29.9% on the previous year and down 21.0% over ten years.
Over the whole period, goods exports (bop, current us$), per unit of gdp in Barbados peaked at 0.2872 BoP, current US$ per US$ of GDP in 1967 and was at its lowest, 0.0837 BoP, current US$ per US$ of GDP, in 1994.
Barbados ranks 147th 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.
Goods exports (BoP, current US$), per unit of GDP in Barbados, year by year
| Year | BoP, current US$ per US$ of GDP | Change |
|---|---|---|
| 1967 | 0.2872 BoP, current US$ per US$ of GDP | — |
| 1968 | 0.275 BoP, current US$ per US$ of GDP | -4.3% |
| 1969 | 0.2367 BoP, current US$ per US$ of GDP | -13.9% |
| 1970 | 0.2199 BoP, current US$ per US$ of GDP | -7.1% |
| 1971 | 0.1823 BoP, current US$ per US$ of GDP | -17.1% |
| 1972 | 0.1801 BoP, current US$ per US$ of GDP | -1.2% |
| 1973 | 0.1869 BoP, current US$ per US$ of GDP | +3.8% |
| 1974 | 0.2182 BoP, current US$ per US$ of GDP | +16.7% |
| 1975 | 0.2369 BoP, current US$ per US$ of GDP | +8.6% |
| 1976 | 0.2019 BoP, current US$ per US$ of GDP | -14.8% |
| 1977 | 0.2089 BoP, current US$ per US$ of GDP | +3.5% |
| 1978 | 0.2483 BoP, current US$ per US$ of GDP | +18.9% |
| 1979 | 0.1975 BoP, current US$ per US$ of GDP | -20.5% |
| 1980 | 0.1795 BoP, current US$ per US$ of GDP | -9.1% |
| 1981 | 0.1469 BoP, current US$ per US$ of GDP | -18.2% |
| 1982 | 0.1799 BoP, current US$ per US$ of GDP | +22.5% |
| 1983 | 0.2208 BoP, current US$ per US$ of GDP | +22.7% |
| 1984 | 0.2538 BoP, current US$ per US$ of GDP | +14.9% |
| 1985 | 0.2164 BoP, current US$ per US$ of GDP | -14.7% |
| 1986 | 0.1831 BoP, current US$ per US$ of GDP | -15.4% |
| 1987 | 0.0981 BoP, current US$ per US$ of GDP | -46.4% |
| 1988 | 0.099 BoP, current US$ per US$ of GDP | +0.9% |
| 1989 | 0.0934 BoP, current US$ per US$ of GDP | -5.7% |
| 1990 | 0.1088 BoP, current US$ per US$ of GDP | +16.5% |
| 1991 | 0.1023 BoP, current US$ per US$ of GDP | -6.0% |
| 1992 | 0.097 BoP, current US$ per US$ of GDP | -5.1% |
| 1993 | 0.0909 BoP, current US$ per US$ of GDP | -6.3% |
| 1994 | 0.0837 BoP, current US$ per US$ of GDP | -7.9% |
| 1995 | 0.1082 BoP, current US$ per US$ of GDP | +29.2% |
| 1996 | 0.119 BoP, current US$ per US$ of GDP | +10.0% |
| 1997 | 0.1136 BoP, current US$ per US$ of GDP | -4.5% |
| 1998 | 0.0931 BoP, current US$ per US$ of GDP | -18.0% |
| 1999 | 0.0925 BoP, current US$ per US$ of GDP | -0.7% |
| 2000 | 0.1033 BoP, current US$ per US$ of GDP | +11.7% |
| 2001 | 0.0947 BoP, current US$ per US$ of GDP | -8.4% |
| 2002 | 0.0905 BoP, current US$ per US$ of GDP | -4.5% |
| 2003 | 0.1054 BoP, current US$ per US$ of GDP | +16.6% |
| 2004 | 0.1078 BoP, current US$ per US$ of GDP | +2.2% |
| 2005 | 0.133 BoP, current US$ per US$ of GDP | +23.5% |
| 2006 | 0.1584 BoP, current US$ per US$ of GDP | +19.0% |
| 2007 | 0.1526 BoP, current US$ per US$ of GDP | -3.7% |
| 2008 | 0.1531 BoP, current US$ per US$ of GDP | +0.3% |
| 2009 | 0.1079 BoP, current US$ per US$ of GDP | -29.5% |
| 2010 | 0.1331 BoP, current US$ per US$ of GDP | +23.4% |
| 2011 | 0.1497 BoP, current US$ per US$ of GDP | +12.5% |
| 2012 | 0.1509 BoP, current US$ per US$ of GDP | +0.8% |
| 2013 | 0.1563 BoP, current US$ per US$ of GDP | +3.6% |
| 2014 | 0.17 BoP, current US$ per US$ of GDP | +8.7% |
| 2015 | 0.1649 BoP, current US$ per US$ of GDP | -3.0% |
| 2016 | 0.172 BoP, current US$ per US$ of GDP | +4.3% |
| 2017 | 0.1206 BoP, current US$ per US$ of GDP | -29.9% |
Barbados compared with similar countries
- Barbados's 0.1206 BoP, current US$ per US$ of GDP is below the median for high income countries, which is 0.2502 BoP, current US$ per US$ of GDP, 48% of the median. (72 countries reporting)
- Barbados's 0.1206 BoP, current US$ per US$ of GDP is below the median for Latin America & Caribbean, which is 0.137 BoP, current US$ per US$ of GDP, 88% of the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.2663 BoP, current US$ per US$ of GDP | 0.2367 BoP, current US$ per US$ of GDP | 0.2872 BoP, current US$ per US$ of GDP | 3 |
| 1970s | 0.2081 BoP, current US$ per US$ of GDP | 0.1801 BoP, current US$ per US$ of GDP | 0.2483 BoP, current US$ per US$ of GDP | 10 |
| 1980s | 0.1671 BoP, current US$ per US$ of GDP | 0.0934 BoP, current US$ per US$ of GDP | 0.2538 BoP, current US$ per US$ of GDP | 10 |
| 1990s | 0.1009 BoP, current US$ per US$ of GDP | 0.0837 BoP, current US$ per US$ of GDP | 0.119 BoP, current US$ per US$ of GDP | 10 |
| 2000s | 0.1207 BoP, current US$ per US$ of GDP | 0.0905 BoP, current US$ per US$ of GDP | 0.1584 BoP, current US$ per US$ of GDP | 10 |
| 2010s | 0.1522 BoP, current US$ per US$ of GDP | 0.1206 BoP, current US$ per US$ of GDP | 0.172 BoP, current US$ per US$ of GDP | 8 |
Countries ranked near Barbados
- 144 Dominican Republic 0.1252 BoP, current US$ per US$ of GDP compare
- 145 Israel 0.1248 BoP, current US$ per US$ of GDP compare
- 146 Burundi 0.1209 BoP, current US$ per US$ of GDP compare
- 148 Guatemala 0.1177 BoP, current US$ per US$ of GDP compare
- 149 Egypt 0.1161 BoP, current US$ per US$ of GDP compare
- 150 Tanzania 0.1151 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$), annual growth rate 2.97 % change on previous year (2024)
Frequently asked questions
- What is goods exports (bop, current us$), per unit of gdp in Barbados?
- Goods exports (bop, current us$), per unit of gdp in Barbados was 0.1206 BoP, current US$ per US$ of GDP in 2017, according to Statizoid (derived).
- What is the highest goods exports (bop, current us$), per unit of gdp recorded in Barbados?
- The highest recorded value was 0.2872 BoP, current US$ per US$ of GDP in 1967.
- What is the lowest goods exports (bop, current us$), per unit of gdp recorded in Barbados?
- The lowest recorded value was 0.0837 BoP, current US$ per US$ of GDP in 1994.
- How does Barbados rank for goods exports (bop, current us$), per unit of gdp?
- Barbados ranks 147th out of 199 countries with data for 2017.
- Is goods exports (bop, current us$), per unit of gdp rising or falling in Barbados?
- Over the last ten years it is down 21.0%. 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 Goods exports (BoP, current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Goods exports (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Goods exports (BoP, current US$) ÷ GDP (current US$)
Computed from
- Goods exports Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Goods exports (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.