Net trade in goods and services in Barbados
Barbados: Net trade in goods and services was 15.07 million BoP, current US$ in 2017. β Volatile
Net trade in goods and services in Barbados, 1967β2017
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for net trade in goods and services in Barbados is 15.07 million BoP, current US$, measured in 2017.
Compared with earlier readings it is down 91.2% on the previous year and up 118.3% over ten years.
Over the whole period, net trade in goods and services in Barbados peaked at 199.45 million BoP, current US$ in 1996 and was at its lowest, -286.54 million BoP, current US$, in 2004.
That places Barbados 80th out of 199 countries with data for 2017, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | -32.77 million BoP, current US$ | -45.13 million BoP, current US$ | -23.36 million BoP, current US$ | 3 |
| 1970s | -57.36 million BoP, current US$ | -73.74 million BoP, current US$ | -43.41 million BoP, current US$ | 10 |
| 1980s | -21.06 million BoP, current US$ | -156.91 million BoP, current US$ | 81.87 million BoP, current US$ | 10 |
| 1990s | 60.19 million BoP, current US$ | -89.38 million BoP, current US$ | 199.45 million BoP, current US$ | 10 |
| 2000s | -125.40 million BoP, current US$ | -286.54 million BoP, current US$ | -53.11 million BoP, current US$ | 10 |
| 2010s | -6.57 million BoP, current US$ | -122.69 million BoP, current US$ | 171.90 million BoP, current US$ | 8 |
Countries ranked near Barbados
- 77 St. Lucia 43.19 million BoP, current US$ compare
- 78 CΓ΄te d'Ivoire 36.67 million BoP, current US$ compare
- 79 Sint Maarten, Kingdom of the Netherlands 15.33 million BoP, current US$ compare
- 81 Eswatini, Kingdom of -52.85 million BoP, current US$ compare
- 82 Tuvalu -57.04 million BoP, current US$ compare
- 83 Central African Republic -65.38 million 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)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.3651 (2025)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 2.74 (2025)
- Domestic currency per US dollar (End-of-period (EoP)) 2 (2025)
- US dollar per domestic currency (End-of-period (EoP)) 0.5 (2025)
- Gdp worldbank constant usd, annual growth rate 2.7 % change on previous year (2025)
- Gdp worldbank constant usd, per unit of GDP 0.8114 units per US$ of GDP (2025)
- Gdp worldbank constant usd, per capita 23,014 units per person (2025)
- Manufacturing value added to gdp, per unit of GDP 0 units per US$ of GDP (2024)
Frequently asked questions
- What is net trade in goods and services in Barbados?
- Net trade in goods and services in Barbados was 15.07 million BoP, current US$ in 2017, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net trade in goods and services recorded in Barbados?
- The highest recorded value was 199.45 million BoP, current US$ in 1996.
- What is the lowest net trade in goods and services recorded in Barbados?
- The lowest recorded value was -286.54 million BoP, current US$ in 2004.
- How does Barbados rank for net trade in goods and services?
- Barbados ranks 80th out of 199 countries with data for 2017.
- Is net trade in goods and services rising or falling in Barbados?
- Over the last ten years it is up 118.3%. 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 Net trade in goods and services (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. 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.