Imports of goods and services (BoP, current US$), per unit of GDP in Barbados
Barbados: Imports of goods and services (BoP, current US$), per unit of GDP was 0.3784 BoP, current US$ per US$ of GDP in 2017. ▼ Falling
Latest (2017)
0.3784 BoP, current US$ per US$ of GDP
Change on year
down 4.0%
World rank
120th
of 199 countries
All-time high
0.848 BoP, current US$ per US$ of GDP
in 1970
All-time low
0.3299 BoP, current US$ per US$ of GDP
in 1992
Years of data
51
1967–2017
Imports of goods and services (BoP, current US$), per unit of GDP in Barbados, 1967–2017
Source: Statizoid (derived). Measured in BoP, current US$ per US$ of GDP.
Analysis
In 2017, imports of goods and services (bop, current us$), per unit of gdp in Barbados stood at 0.3784 BoP, current US$ per US$ of GDP.
Compared with earlier readings it is down 4.0% on the previous year and down 21.5% over ten years.
Over the whole period, imports of goods and services (bop, current us$), per unit of gdp in Barbados peaked at 0.848 BoP, current US$ per US$ of GDP in 1970 and was at its lowest, 0.3299 BoP, current US$ per US$ of GDP, in 1992.
Barbados ranks 120th 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.
Imports of goods and services (BoP, current US$), per unit of GDP in Barbados, year by year
| Year | BoP, current US$ per US$ of GDP | Change |
|---|---|---|
| 1967 | 0.7083 BoP, current US$ per US$ of GDP | — |
| 1968 | 0.8022 BoP, current US$ per US$ of GDP | +13.3% |
| 1969 | 0.8362 BoP, current US$ per US$ of GDP | +4.2% |
| 1970 | 0.848 BoP, current US$ per US$ of GDP | +1.4% |
| 1971 | 0.7962 BoP, current US$ per US$ of GDP | -6.1% |
| 1972 | 0.7889 BoP, current US$ per US$ of GDP | -0.9% |
| 1973 | 0.7451 BoP, current US$ per US$ of GDP | -5.5% |
| 1974 | 0.7221 BoP, current US$ per US$ of GDP | -3.1% |
| 1975 | 0.6108 BoP, current US$ per US$ of GDP | -15.4% |
| 1976 | 0.6238 BoP, current US$ per US$ of GDP | +2.1% |
| 1977 | 0.6276 BoP, current US$ per US$ of GDP | +0.6% |
| 1978 | 0.6579 BoP, current US$ per US$ of GDP | +4.8% |
| 1979 | 0.703 BoP, current US$ per US$ of GDP | +6.8% |
| 1980 | 0.59 BoP, current US$ per US$ of GDP | -16.1% |
| 1981 | 0.5892 BoP, current US$ per US$ of GDP | -0.1% |
| 1982 | 0.5552 BoP, current US$ per US$ of GDP | -5.8% |
| 1983 | 0.5692 BoP, current US$ per US$ of GDP | +2.5% |
| 1984 | 0.5503 BoP, current US$ per US$ of GDP | -3.3% |
| 1985 | 0.4924 BoP, current US$ per US$ of GDP | -10.5% |
| 1986 | 0.4505 BoP, current US$ per US$ of GDP | -8.5% |
| 1987 | 0.38 BoP, current US$ per US$ of GDP | -15.6% |
| 1988 | 0.3822 BoP, current US$ per US$ of GDP | +0.6% |
| 1989 | 0.404 BoP, current US$ per US$ of GDP | +5.7% |
| 1990 | 0.412 BoP, current US$ per US$ of GDP | +2.0% |
| 1991 | 0.4002 BoP, current US$ per US$ of GDP | -2.9% |
| 1992 | 0.3299 BoP, current US$ per US$ of GDP | -17.6% |
| 1993 | 0.3558 BoP, current US$ per US$ of GDP | +7.9% |
| 1994 | 0.3657 BoP, current US$ per US$ of GDP | +2.8% |
| 1995 | 0.4383 BoP, current US$ per US$ of GDP | +19.8% |
| 1996 | 0.4438 BoP, current US$ per US$ of GDP | +1.3% |
| 1997 | 0.4882 BoP, current US$ per US$ of GDP | +10.0% |
| 1998 | 0.4501 BoP, current US$ per US$ of GDP | -7.8% |
| 1999 | 0.4582 BoP, current US$ per US$ of GDP | +1.8% |
| 2000 | 0.4761 BoP, current US$ per US$ of GDP | +3.9% |
| 2001 | 0.4438 BoP, current US$ per US$ of GDP | -6.8% |
| 2002 | 0.4437 BoP, current US$ per US$ of GDP | -0.0% |
| 2003 | 0.4888 BoP, current US$ per US$ of GDP | +10.2% |
| 2004 | 0.5088 BoP, current US$ per US$ of GDP | +4.1% |
| 2005 | 0.5293 BoP, current US$ per US$ of GDP | +4.0% |
| 2006 | 0.5002 BoP, current US$ per US$ of GDP | -5.5% |
| 2007 | 0.482 BoP, current US$ per US$ of GDP | -3.6% |
| 2008 | 0.5106 BoP, current US$ per US$ of GDP | +5.9% |
| 2009 | 0.4424 BoP, current US$ per US$ of GDP | -13.4% |
| 2010 | 0.3968 BoP, current US$ per US$ of GDP | -10.3% |
| 2011 | 0.4014 BoP, current US$ per US$ of GDP | +1.2% |
| 2012 | 0.4024 BoP, current US$ per US$ of GDP | +0.3% |
| 2013 | 0.4251 BoP, current US$ per US$ of GDP | +5.6% |
| 2014 | 0.4066 BoP, current US$ per US$ of GDP | -4.3% |
| 2015 | 0.3936 BoP, current US$ per US$ of GDP | -3.2% |
| 2016 | 0.3941 BoP, current US$ per US$ of GDP | +0.1% |
| 2017 | 0.3784 BoP, current US$ per US$ of GDP | -4.0% |
Barbados compared with similar countries
- Barbados's 0.3784 BoP, current US$ per US$ of GDP is below the median for high income countries, which is 0.4933 BoP, current US$ per US$ of GDP, 77% of the median. (72 countries reporting)
- Barbados's 0.3784 BoP, current US$ per US$ of GDP is below the median for Latin America & Caribbean, which is 0.4141 BoP, current US$ per US$ of GDP, 91% of the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.7822 BoP, current US$ per US$ of GDP | 0.7083 BoP, current US$ per US$ of GDP | 0.8362 BoP, current US$ per US$ of GDP | 3 |
| 1970s | 0.7123 BoP, current US$ per US$ of GDP | 0.6108 BoP, current US$ per US$ of GDP | 0.848 BoP, current US$ per US$ of GDP | 10 |
| 1980s | 0.4963 BoP, current US$ per US$ of GDP | 0.38 BoP, current US$ per US$ of GDP | 0.59 BoP, current US$ per US$ of GDP | 10 |
| 1990s | 0.4142 BoP, current US$ per US$ of GDP | 0.3299 BoP, current US$ per US$ of GDP | 0.4882 BoP, current US$ per US$ of GDP | 10 |
| 2000s | 0.4826 BoP, current US$ per US$ of GDP | 0.4424 BoP, current US$ per US$ of GDP | 0.5293 BoP, current US$ per US$ of GDP | 10 |
| 2010s | 0.3998 BoP, current US$ per US$ of GDP | 0.3784 BoP, current US$ per US$ of GDP | 0.4251 BoP, current US$ per US$ of GDP | 8 |
Countries ranked near Barbados
- 117 Mexico 0.4039 BoP, current US$ per US$ of GDP compare
- 118 New Caledonia 0.387 BoP, current US$ per US$ of GDP compare
- 119 Germany 0.3808 BoP, current US$ per US$ of GDP compare
- 121 Panama 0.377 BoP, current US$ per US$ of GDP compare
- 122 Iraq 0.3738 BoP, current US$ per US$ of GDP compare
- 123 Trinidad and Tobago 0.3714 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$), annual growth rate 2.97 % change on previous year (2024)
Frequently asked questions
- What is imports of goods and services (bop, current us$), per unit of gdp in Barbados?
- Imports of goods and services (bop, current us$), per unit of gdp in Barbados was 0.3784 BoP, current US$ per US$ of GDP in 2017, according to Statizoid (derived).
- What is the highest imports of goods and services (bop, current us$), per unit of gdp recorded in Barbados?
- The highest recorded value was 0.848 BoP, current US$ per US$ of GDP in 1970.
- What is the lowest imports of goods and services (bop, current us$), per unit of gdp recorded in Barbados?
- The lowest recorded value was 0.3299 BoP, current US$ per US$ of GDP in 1992.
- How does Barbados rank for imports of goods and services (bop, current us$), per unit of gdp?
- Barbados ranks 120th out of 199 countries with data for 2017.
- Is imports of goods and services (bop, current us$), per unit of gdp rising or falling in Barbados?
- Over the last ten years it is down 21.5%. 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 Imports of goods and services (BoP, current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Imports of goods and services (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Imports of goods and services (BoP, current US$) ÷ GDP (current US$)
Computed from
- Imports of goods and services Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Imports of goods and services (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.