Imports of goods and services in Barbados
Barbados: Imports of goods and services was 2.21 billion BoP, current US$ in 2017. ◆ Volatile
Latest (2017)
2.21 billion BoP, current US$
Change on year
down 1.1%
World rank
164th
of 199 countries
All-time high
2.45 billion BoP, current US$
in 2008
All-time low
88.93 million BoP, current US$
in 1967
Years of data
51
1967–2017
Imports of goods and services in Barbados, 1967–2017
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for imports of goods and services in Barbados is 2.21 billion BoP, current US$, measured in 2017.
The figure is down 1.1% on the previous year and down 1.8% over ten years.
Over the whole period, imports of goods and services in Barbados peaked at 2.45 billion BoP, current US$ in 2008 and was at its lowest, 88.93 million BoP, current US$, in 1967.
Barbados ranks 164th of 199 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Imports of goods and services in Barbados, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1967 | 88.93 million BoP, current US$ | — |
| 1968 | 100.86 million BoP, current US$ | +13.4% |
| 1969 | 118.23 million BoP, current US$ | +17.2% |
| 1970 | 140.94 million BoP, current US$ | +19.2% |
| 1971 | 148.75 million BoP, current US$ | +5.5% |
| 1972 | 168.60 million BoP, current US$ | +13.3% |
| 1973 | 194.31 million BoP, current US$ | +15.2% |
| 1974 | 225.17 million BoP, current US$ | +15.9% |
| 1975 | 245.65 million BoP, current US$ | +9.1% |
| 1976 | 271.91 million BoP, current US$ | +10.7% |
| 1977 | 310.75 million BoP, current US$ | +14.3% |
| 1978 | 363.75 million BoP, current US$ | +17.1% |
| 1979 | 471.25 million BoP, current US$ | +29.6% |
| 1980 | 597.21 million BoP, current US$ | +26.7% |
| 1981 | 656.45 million BoP, current US$ | +9.9% |
| 1982 | 646.25 million BoP, current US$ | -1.6% |
| 1983 | 703.57 million BoP, current US$ | +8.9% |
| 1984 | 741.22 million BoP, current US$ | +5.4% |
| 1985 | 694.11 million BoP, current US$ | -6.4% |
| 1986 | 697.31 million BoP, current US$ | +0.5% |
| 1987 | 647.74 million BoP, current US$ | -7.1% |
| 1988 | 692.91 million BoP, current US$ | +7.0% |
| 1989 | 810.49 million BoP, current US$ | +17.0% |
| 1990 | 829.06 million BoP, current US$ | +2.3% |
| 1991 | 808.65 million BoP, current US$ | -2.5% |
| 1992 | 645.57 million BoP, current US$ | -20.2% |
| 1993 | 734.16 million BoP, current US$ | +13.7% |
| 1994 | 786.82 million BoP, current US$ | +7.2% |
| 1995 | 971.74 million BoP, current US$ | +23.5% |
| 1996 | 1.05 billion BoP, current US$ | +8.0% |
| 1997 | 1.22 billion BoP, current US$ | +16.3% |
| 1998 | 1.27 billion BoP, current US$ | +4.0% |
| 1999 | 1.35 billion BoP, current US$ | +6.7% |
| 2000 | 1.46 billion BoP, current US$ | +7.7% |
| 2001 | 1.36 billion BoP, current US$ | -6.9% |
| 2002 | 1.38 billion BoP, current US$ | +1.7% |
| 2003 | 1.57 billion BoP, current US$ | +13.8% |
| 2004 | 1.75 billion BoP, current US$ | +11.7% |
| 2005 | 2.02 billion BoP, current US$ | +15.3% |
| 2006 | 2.11 billion BoP, current US$ | +4.4% |
| 2007 | 2.25 billion BoP, current US$ | +6.8% |
| 2008 | 2.45 billion BoP, current US$ | +8.5% |
| 2009 | 1.98 billion BoP, current US$ | -19.2% |
| 2010 | 2.15 billion BoP, current US$ | +9.0% |
| 2011 | 2.23 billion BoP, current US$ | +3.7% |
| 2012 | 2.21 billion BoP, current US$ | -1.1% |
| 2013 | 2.41 billion BoP, current US$ | +9.0% |
| 2014 | 2.31 billion BoP, current US$ | -3.9% |
| 2015 | 2.24 billion BoP, current US$ | -3.0% |
| 2016 | 2.24 billion BoP, current US$ | -0.2% |
| 2017 | 2.21 billion BoP, current US$ | -1.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 102.68 million BoP, current US$ | 88.93 million BoP, current US$ | 118.23 million BoP, current US$ | 3 |
| 1970s | 254.11 million BoP, current US$ | 140.94 million BoP, current US$ | 471.25 million BoP, current US$ | 10 |
| 1980s | 688.73 million BoP, current US$ | 597.21 million BoP, current US$ | 810.49 million BoP, current US$ | 10 |
| 1990s | 966.54 million BoP, current US$ | 645.57 million BoP, current US$ | 1.35 billion BoP, current US$ | 10 |
| 2000s | 1.83 billion BoP, current US$ | 1.36 billion BoP, current US$ | 2.45 billion BoP, current US$ | 10 |
| 2010s | 2.25 billion BoP, current US$ | 2.15 billion BoP, current US$ | 2.41 billion BoP, current US$ | 8 |
Countries ranked near Barbados
- 161 Togo 2.39 billion BoP, current US$ compare
- 162 Seychelles 2.38 billion BoP, current US$ compare
- 163 Bermuda 2.30 billion BoP, current US$ compare
- 165 Lesotho 2.16 billion BoP, current US$ compare
- 166 French Polynesia 1.87 billion BoP, current US$ compare
- 167 Liberia 1.76 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)
- Manufacturing, value added (constant LCU), per capita 2,645 constant LCU per person (2024)
- Industry (including construction), value added (current US$), annual 4.5 % change on previous year (2024)
- Industry (including construction), value added (current US$), per 0.1221 current US$ per US$ of GDP (2024)
- Industry (including construction), value added (current US$), per 3,283 current US$ per person (2024)
- Industry (including construction), value added (current LCU), annual 4.5 % change on previous year (2024)
- Industry (including construction), value added (current LCU), per 0.2441 current LCU per US$ of GDP (2024)
- Industry (including construction), value added (current LCU), per 6,567 current LCU per person (2024)
- Industry (including construction), value added (constant 2015 US$) 5.1 % change on previous year (2024)
Frequently asked questions
- What is imports of goods and services in Barbados?
- Imports of goods and services in Barbados was 2.21 billion BoP, current US$ in 2017, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest imports of goods and services recorded in Barbados?
- The highest recorded value was 2.45 billion BoP, current US$ in 2008.
- What is the lowest imports of goods and services recorded in Barbados?
- The lowest recorded value was 88.93 million BoP, current US$ in 1967.
- How does Barbados rank for imports of goods and services?
- Barbados ranks 164th out of 199 countries with data for 2017.
- Is imports of goods and services rising or falling in Barbados?
- Over the last ten years it is down 1.8%. 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 Imports of goods and services (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Imports of goods includes change in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. Imports of services includes services provided by non-residents to residents. 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.