Value of imported goods as a share of GDP in Barbados
Barbados: Value of imported goods as a share of GDP was 28.2% in 2024. ▼ Falling
Latest (2024)
28.2%
Change on year
down 4.1%
World rank
119th
of 201 countries
All-time high
80.7%
in 1970
All-time low
22.0%
in 2010
Years of data
63
1961–2024
Value of imported goods as a share of GDP in Barbados, 1961–2024
Source: International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data. Measured in %.
Analysis
Barbados recorded 28.2% for value of imported goods as a share of gdp in 2024.
The figure is down 4.1% on the previous year and down 7.9% over ten years.
Over the whole period, value of imported goods as a share of gdp in Barbados peaked at 80.7% in 1970 and was at its lowest, 22.0%, in 2010.
That places Barbados 119th out of 201 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 63 years of available data.
Value of imported goods as a share of GDP in Barbados, year by year
| Year | % | Change |
|---|---|---|
| 1961 | 51.8% | — |
| 1962 | 49.9% | -3.6% |
| 1963 | 49.6% | -0.7% |
| 1964 | 59.5% | +20.2% |
| 1965 | 59.2% | -0.5% |
| 1966 | 64.7% | +9.2% |
| 1967 | 57.7% | -10.8% |
| 1968 | 62.4% | +8.2% |
| 1970 | 80.7% | +29.2% |
| 1971 | 68.5% | -15.1% |
| 1972 | 63.3% | -7.6% |
| 1973 | 61.8% | -2.2% |
| 1974 | 62.9% | +1.7% |
| 1975 | 51.5% | -18.1% |
| 1976 | 51.8% | +0.6% |
| 1977 | 52.8% | +1.9% |
| 1978 | 53.3% | +1.0% |
| 1979 | 60.7% | +13.8% |
| 1980 | 49.1% | -19.1% |
| 1981 | 50.1% | +2.0% |
| 1982 | 45.9% | -8.4% |
| 1983 | 48.4% | +5.4% |
| 1984 | 47.3% | -2.2% |
| 1985 | 41.6% | -12.1% |
| 1986 | 35.7% | -14.2% |
| 1987 | 29.1% | -18.5% |
| 1988 | 30.9% | +6.3% |
| 1989 | 32.5% | +5.1% |
| 1990 | 34.3% | +5.5% |
| 1991 | 34.4% | +0.1% |
| 1992 | 28.1% | -18.2% |
| 1993 | 27.7% | -1.5% |
| 1994 | 28.0% | +1.3% |
| 1995 | 34.3% | +22.2% |
| 1996 | 34.9% | +1.7% |
| 1997 | 39.8% | +14.3% |
| 1998 | 36.3% | -9.0% |
| 1999 | 37.5% | +3.5% |
| 2000 | 37.8% | +0.7% |
| 2001 | 35.0% | -7.4% |
| 2002 | 34.5% | -1.5% |
| 2003 | 37.4% | +8.7% |
| 2004 | 42.8% | +14.4% |
| 2005 | 41.8% | -2.3% |
| 2006 | 38.4% | -8.2% |
| 2007 | 27.8% | -27.7% |
| 2008 | 36.4% | +31.1% |
| 2009 | 30.0% | -17.6% |
| 2010 | 22.0% | -26.7% |
| 2011 | 31.9% | +45.0% |
| 2012 | 32.2% | +1.0% |
| 2013 | 31.2% | -3.0% |
| 2014 | 30.6% | -2.0% |
| 2015 | 28.4% | -7.3% |
| 2016 | 28.5% | +0.6% |
| 2017 | 27.4% | -4.1% |
| 2018 | 26.6% | -2.6% |
| 2019 | 22.4% | -15.9% |
| 2020 | 27.6% | +23.4% |
| 2021 | 28.0% | +1.3% |
| 2022 | 31.1% | +11.1% |
| 2023 | 29.4% | -5.6% |
| 2024 | 28.2% | -4.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 56.8% | 49.6% | 64.7% | 8 |
| 1970s | 60.7% | 51.5% | 80.7% | 10 |
| 1980s | 41.1% | 29.1% | 50.1% | 10 |
| 1990s | 33.5% | 27.7% | 39.8% | 10 |
| 2000s | 36.2% | 27.8% | 42.8% | 10 |
| 2010s | 28.1% | 22.0% | 32.2% | 10 |
| 2020s | 28.9% | 27.6% | 31.1% | 5 |
Countries ranked near Barbados
- 116 Guatemala 28.7% compare
- 117 Azerbaijan 28.3% compare
- 118 Tajikistan 28.2% compare
- 120 Burkina Faso 27.8% compare
- 121 Philippines 27.7% compare
- 122 Spain 27.3% 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)
- Total reserves minus gold (current US$), annual growth rate 2.97 % change on previous year (2024)
- Total reserves minus gold (current US$), per unit of GDP 0.2177 current US$ per US$ of GDP (2024)
- Total reserves minus gold (current US$), per capita 5,854 current US$ per person (2024)
- Agriculture, forestry, and fishing, value added (current LCU), annual -1.03 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (current LCU), per 0.0311 current LCU per US$ of GDP (2024)
- Agriculture, forestry, and fishing, value added (current LCU), per 836.37 current LCU per person (2024)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) -4.25 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 0.0122 constant 2015 US$ per US$ of GDP (2024)
Frequently asked questions
- What is value of imported goods as a share of gdp in Barbados?
- Value of imported goods as a share of gdp in Barbados was 28.2% in 2024, according to International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data.
- What is the highest value of imported goods as a share of gdp recorded in Barbados?
- The highest recorded value was 80.7% in 1970.
- What is the lowest value of imported goods as a share of gdp recorded in Barbados?
- The lowest recorded value was 22.0% in 2010.
- How does Barbados rank for value of imported goods as a share of gdp?
- Barbados ranks 119th out of 201 countries with data for 2024.
- Is value of imported goods as a share of gdp rising or falling in Barbados?
- Over the last ten years it is down 7.9%. The long-run trend across the full record is falling.
- Where does this Barbados data come from?
- The figures come from International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data, published as part of Value of imported goods as a share of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 63 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Value of a country’s total goods imports, including freight and insurance costs, as a percentage of a country’s gross domestic product (GDP).