Goods imports (BoP, current US$), per unit of GDP in Barbados
Barbados: Goods imports (BoP, current US$), per unit of GDP was 0.261 BoP, current US$ per US$ of GDP in 2017. ▼ Falling
Latest (2017)
0.261 BoP, current US$ per US$ of GDP
Change on year
down 4.2%
World rank
127th
of 199 countries
All-time high
0.6503 BoP, current US$ per US$ of GDP
in 1970
All-time low
0.253 BoP, current US$ per US$ of GDP
in 1992
Years of data
51
1967–2017
Goods imports (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 imports (bop, current us$), per unit of gdp in Barbados is 0.261 BoP, current US$ per US$ of GDP, measured in 2017.
The figure is down 4.2% on the previous year and down 27.3% over ten years.
Over the whole period, goods imports (bop, current us$), per unit of gdp in Barbados peaked at 0.6503 BoP, current US$ per US$ of GDP in 1970 and was at its lowest, 0.253 BoP, current US$ per US$ of GDP, in 1992.
That places Barbados 127th out of 199 countries with data for 2017, putting it in the middle of the range.
The long-run direction has been consistently falling across the 51 years of available data.
Goods imports (BoP, current US$), per unit of GDP in Barbados, year by year
| Year | BoP, current US$ per US$ of GDP | Change |
|---|---|---|
| 1967 | 0.5531 BoP, current US$ per US$ of GDP | — |
| 1968 | 0.6149 BoP, current US$ per US$ of GDP | +11.2% |
| 1969 | 0.6333 BoP, current US$ per US$ of GDP | +3.0% |
| 1970 | 0.6503 BoP, current US$ per US$ of GDP | +2.7% |
| 1971 | 0.6076 BoP, current US$ per US$ of GDP | -6.6% |
| 1972 | 0.6059 BoP, current US$ per US$ of GDP | -0.3% |
| 1973 | 0.5917 BoP, current US$ per US$ of GDP | -2.3% |
| 1974 | 0.6011 BoP, current US$ per US$ of GDP | +1.6% |
| 1975 | 0.4954 BoP, current US$ per US$ of GDP | -17.6% |
| 1976 | 0.503 BoP, current US$ per US$ of GDP | +1.5% |
| 1977 | 0.507 BoP, current US$ per US$ of GDP | +0.8% |
| 1978 | 0.5239 BoP, current US$ per US$ of GDP | +3.3% |
| 1979 | 0.5687 BoP, current US$ per US$ of GDP | +8.5% |
| 1980 | 0.4776 BoP, current US$ per US$ of GDP | -16.0% |
| 1981 | 0.4758 BoP, current US$ per US$ of GDP | -0.4% |
| 1982 | 0.4381 BoP, current US$ per US$ of GDP | -7.9% |
| 1983 | 0.465 BoP, current US$ per US$ of GDP | +6.1% |
| 1984 | 0.4526 BoP, current US$ per US$ of GDP | -2.7% |
| 1985 | 0.399 BoP, current US$ per US$ of GDP | -11.8% |
| 1986 | 0.36 BoP, current US$ per US$ of GDP | -9.8% |
| 1987 | 0.2867 BoP, current US$ per US$ of GDP | -20.4% |
| 1988 | 0.303 BoP, current US$ per US$ of GDP | +5.7% |
| 1989 | 0.3186 BoP, current US$ per US$ of GDP | +5.2% |
| 1990 | 0.3303 BoP, current US$ per US$ of GDP | +3.6% |
| 1991 | 0.3263 BoP, current US$ per US$ of GDP | -1.2% |
| 1992 | 0.253 BoP, current US$ per US$ of GDP | -22.5% |
| 1993 | 0.2639 BoP, current US$ per US$ of GDP | +4.3% |
| 1994 | 0.2681 BoP, current US$ per US$ of GDP | +1.6% |
| 1995 | 0.3289 BoP, current US$ per US$ of GDP | +22.7% |
| 1996 | 0.3327 BoP, current US$ per US$ of GDP | +1.2% |
| 1997 | 0.3761 BoP, current US$ per US$ of GDP | +13.1% |
| 1998 | 0.3441 BoP, current US$ per US$ of GDP | -8.5% |
| 1999 | 0.3505 BoP, current US$ per US$ of GDP | +1.9% |
| 2000 | 0.3517 BoP, current US$ per US$ of GDP | +0.3% |
| 2001 | 0.3262 BoP, current US$ per US$ of GDP | -7.2% |
| 2002 | 0.3225 BoP, current US$ per US$ of GDP | -1.1% |
| 2003 | 0.3486 BoP, current US$ per US$ of GDP | +8.1% |
| 2004 | 0.3834 BoP, current US$ per US$ of GDP | +10.0% |
| 2005 | 0.3926 BoP, current US$ per US$ of GDP | +2.4% |
| 2006 | 0.3746 BoP, current US$ per US$ of GDP | -4.6% |
| 2007 | 0.3591 BoP, current US$ per US$ of GDP | -4.1% |
| 2008 | 0.3723 BoP, current US$ per US$ of GDP | +3.7% |
| 2009 | 0.3018 BoP, current US$ per US$ of GDP | -18.9% |
| 2010 | 0.2733 BoP, current US$ per US$ of GDP | -9.4% |
| 2011 | 0.3077 BoP, current US$ per US$ of GDP | +12.6% |
| 2012 | 0.304 BoP, current US$ per US$ of GDP | -1.2% |
| 2013 | 0.2935 BoP, current US$ per US$ of GDP | -3.5% |
| 2014 | 0.2857 BoP, current US$ per US$ of GDP | -2.6% |
| 2015 | 0.2685 BoP, current US$ per US$ of GDP | -6.0% |
| 2016 | 0.2723 BoP, current US$ per US$ of GDP | +1.4% |
| 2017 | 0.261 BoP, current US$ per US$ of GDP | -4.2% |
Barbados compared with similar countries
- Barbados's 0.261 BoP, current US$ per US$ of GDP is below the median for high income countries, which is 0.3181 BoP, current US$ per US$ of GDP, 82% of the median. (72 countries reporting)
- Barbados's 0.261 BoP, current US$ per US$ of GDP is below the median for Latin America & Caribbean, which is 0.3117 BoP, current US$ per US$ of GDP, 84% of the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.6004 BoP, current US$ per US$ of GDP | 0.5531 BoP, current US$ per US$ of GDP | 0.6333 BoP, current US$ per US$ of GDP | 3 |
| 1970s | 0.5655 BoP, current US$ per US$ of GDP | 0.4954 BoP, current US$ per US$ of GDP | 0.6503 BoP, current US$ per US$ of GDP | 10 |
| 1980s | 0.3976 BoP, current US$ per US$ of GDP | 0.2867 BoP, current US$ per US$ of GDP | 0.4776 BoP, current US$ per US$ of GDP | 10 |
| 1990s | 0.3174 BoP, current US$ per US$ of GDP | 0.253 BoP, current US$ per US$ of GDP | 0.3761 BoP, current US$ per US$ of GDP | 10 |
| 2000s | 0.3533 BoP, current US$ per US$ of GDP | 0.3018 BoP, current US$ per US$ of GDP | 0.3926 BoP, current US$ per US$ of GDP | 10 |
| 2010s | 0.2833 BoP, current US$ per US$ of GDP | 0.261 BoP, current US$ per US$ of GDP | 0.3077 BoP, current US$ per US$ of GDP | 8 |
Countries ranked near Barbados
- 124 Uzbekistan 0.2622 BoP, current US$ per US$ of GDP compare
- 125 Germany 0.2617 BoP, current US$ per US$ of GDP compare
- 126 Spain 0.2616 BoP, current US$ per US$ of GDP compare
- 128 Togo 0.2607 BoP, current US$ per US$ of GDP compare
- 129 New Caledonia 0.2598 BoP, current US$ per US$ of GDP compare
- 130 Syria 0.2586 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$), annual growth rate 2.97 % change on previous year (2024)
Frequently asked questions
- What is goods imports (bop, current us$), per unit of gdp in Barbados?
- Goods imports (bop, current us$), per unit of gdp in Barbados was 0.261 BoP, current US$ per US$ of GDP in 2017, according to Statizoid (derived).
- What is the highest goods imports (bop, current us$), per unit of gdp recorded in Barbados?
- The highest recorded value was 0.6503 BoP, current US$ per US$ of GDP in 1970.
- What is the lowest goods imports (bop, current us$), per unit of gdp recorded in Barbados?
- The lowest recorded value was 0.253 BoP, current US$ per US$ of GDP in 1992.
- How does Barbados rank for goods imports (bop, current us$), per unit of gdp?
- Barbados ranks 127th out of 199 countries with data for 2017.
- Is goods imports (bop, current us$), per unit of gdp rising or falling in Barbados?
- Over the last ten years it is down 27.3%. 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 imports (BoP, current US$), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
Goods imports (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Goods imports (BoP, current US$) ÷ GDP (current US$)
Computed from
- Goods imports Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Goods imports (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.