Imports of goods, services and primary income in Barbados
Barbados: Imports of goods, services and primary income was 2.54 billion BoP, current US$ in 2017. ◆ Volatile
Imports 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$.
Analysis
In 2017, imports of goods, services and primary income in Barbados stood at 2.54 billion BoP, current US$.
That represents a change of down 17.5% on the previous year and down 6.1% over ten years.
Over the whole period, imports of goods, services and primary income in Barbados peaked at 3.08 billion BoP, current US$ in 2014 and was at its lowest, 93.11 million BoP, current US$, in 1967.
Barbados ranks 164th of 200 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Imports of goods, services and primary income in Barbados, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1967 | 93.11 million BoP, current US$ | — |
| 1968 | 105.51 million BoP, current US$ | +13.3% |
| 1969 | 123.62 million BoP, current US$ | +17.2% |
| 1970 | 148.03 million BoP, current US$ | +19.7% |
| 1971 | 156.96 million BoP, current US$ | +6.0% |
| 1972 | 178.47 million BoP, current US$ | +13.7% |
| 1973 | 206.14 million BoP, current US$ | +15.5% |
| 1974 | 229.11 million BoP, current US$ | +11.1% |
| 1975 | 251.19 million BoP, current US$ | +9.6% |
| 1976 | 275.71 million BoP, current US$ | +9.8% |
| 1977 | 315.89 million BoP, current US$ | +14.6% |
| 1978 | 369.11 million BoP, current US$ | +16.8% |
| 1979 | 480.99 million BoP, current US$ | +30.3% |
| 1980 | 620.19 million BoP, current US$ | +28.9% |
| 1981 | 689.43 million BoP, current US$ | +11.2% |
| 1982 | 683.34 million BoP, current US$ | -0.9% |
| 1983 | 746.42 million BoP, current US$ | +9.2% |
| 1984 | 792.88 million BoP, current US$ | +6.2% |
| 1985 | 747.41 million BoP, current US$ | -5.7% |
| 1986 | 771.05 million BoP, current US$ | +3.2% |
| 1987 | 728.33 million BoP, current US$ | -5.5% |
| 1988 | 775.47 million BoP, current US$ | +6.5% |
| 1989 | 886.22 million BoP, current US$ | +14.3% |
| 1990 | 928.18 million BoP, current US$ | +4.7% |
| 1991 | 907.42 million BoP, current US$ | -2.2% |
| 1992 | 732.68 million BoP, current US$ | -19.3% |
| 1993 | 835.88 million BoP, current US$ | +14.1% |
| 1994 | 895.88 million BoP, current US$ | +7.2% |
| 1995 | 1.10 billion BoP, current US$ | +22.2% |
| 1996 | 1.19 billion BoP, current US$ | +8.6% |
| 1997 | 1.35 billion BoP, current US$ | +13.6% |
| 1998 | 1.42 billion BoP, current US$ | +4.9% |
| 1999 | 1.52 billion BoP, current US$ | +7.1% |
| 2000 | 1.64 billion BoP, current US$ | +8.1% |
| 2001 | 1.57 billion BoP, current US$ | -4.7% |
| 2002 | 1.60 billion BoP, current US$ | +2.5% |
| 2003 | 1.81 billion BoP, current US$ | +12.9% |
| 2004 | 2.05 billion BoP, current US$ | +12.9% |
| 2005 | 2.34 billion BoP, current US$ | +14.5% |
| 2006 | 2.60 billion BoP, current US$ | +11.0% |
| 2007 | 2.70 billion BoP, current US$ | +4.0% |
| 2008 | 2.87 billion BoP, current US$ | +6.3% |
| 2009 | 2.49 billion BoP, current US$ | -13.2% |
| 2010 | 2.53 billion BoP, current US$ | +1.4% |
| 2011 | 2.70 billion BoP, current US$ | +6.8% |
| 2012 | 2.73 billion BoP, current US$ | +1.2% |
| 2013 | 2.90 billion BoP, current US$ | +6.3% |
| 2014 | 3.08 billion BoP, current US$ | +6.1% |
| 2015 | 2.75 billion BoP, current US$ | -10.9% |
| 2016 | 3.08 billion BoP, current US$ | +12.1% |
| 2017 | 2.54 billion BoP, current US$ | -17.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 107.41 million BoP, current US$ | 93.11 million BoP, current US$ | 123.62 million BoP, current US$ | 3 |
| 1970s | 261.16 million BoP, current US$ | 148.03 million BoP, current US$ | 480.99 million BoP, current US$ | 10 |
| 1980s | 744.07 million BoP, current US$ | 620.19 million BoP, current US$ | 886.22 million BoP, current US$ | 10 |
| 1990s | 1.09 billion BoP, current US$ | 732.68 million BoP, current US$ | 1.52 billion BoP, current US$ | 10 |
| 2000s | 2.17 billion BoP, current US$ | 1.57 billion BoP, current US$ | 2.87 billion BoP, current US$ | 10 |
| 2010s | 2.79 billion BoP, current US$ | 2.53 billion BoP, current US$ | 3.08 billion BoP, current US$ | 8 |
Countries ranked near Barbados
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$), annual growth rate 2.97 % change on previous year (2024)
Frequently asked questions
- What is imports of goods, services and primary income in Barbados?
- Imports of goods, services and primary income in Barbados was 2.54 billion BoP, current US$ in 2017, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest imports of goods, services and primary income recorded in Barbados?
- The highest recorded value was 3.08 billion BoP, current US$ in 2014.
- What is the lowest imports of goods, services and primary income recorded in Barbados?
- The lowest recorded value was 93.11 million BoP, current US$ in 1967.
- How does Barbados rank for imports of goods, services and primary income?
- Barbados ranks 164th out of 200 countries with data for 2017.
- Is imports of goods, services and primary income rising or falling in Barbados?
- Over the last ten years it is down 6.1%. 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, services and primary income (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. 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.