Net trade in goods (BoP, current US$), annual growth rate in Barbados
Barbados: Net trade in goods (BoP, current US$), annual growth rate was -44.14 % change on previous year in 2017. ◆ Volatile
Net trade in goods (BoP, current US$), annual growth rate in Barbados, 1968–2017
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2017, net trade in goods (bop, current us$), annual growth rate in Barbados stood at -44.14 % change on previous year.
That represents a change of down 1,319.2% on the previous year and down 650.1% over ten years.
Over the whole period, net trade in goods (bop, current us$), annual growth rate in Barbados peaked at 32.56 % change on previous year in 1992 and was at its lowest, -63.33 % change on previous year, in 1979.
That places Barbados 181st out of 199 countries with data for 2017, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net trade in goods (BoP, current US$), annual growth rate in Barbados, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1968 | -28.06 % change on previous year | — |
| 1969 | -31.2 % change on previous year | +11.2% |
| 1970 | -27.57 % change on previous year | -11.6% |
| 1971 | -11.06 % change on previous year | -59.9% |
| 1972 | -14.52 % change on previous year | +31.3% |
| 1973 | -16 % change on previous year | +10.2% |
| 1974 | -13.09 % change on previous year | -18.2% |
| 1975 | 12.92 % change on previous year | -198.7% |
| 1976 | -26.29 % change on previous year | -303.5% |
| 1977 | -12.41 % change on previous year | -52.8% |
| 1978 | -3.24 % change on previous year | -73.9% |
| 1979 | -63.33 % change on previous year | +1855.1% |
| 1980 | -21.26 % change on previous year | -66.4% |
| 1981 | -21.46 % change on previous year | +0.9% |
| 1982 | 18.01 % change on previous year | -183.9% |
| 1983 | -0.416 % change on previous year | -102.3% |
| 1984 | 11.28 % change on previous year | -2812.7% |
| 1985 | 3.85 % change on previous year | -65.9% |
| 1986 | -6.37 % change on previous year | -265.6% |
| 1987 | -17.42 % change on previous year | +173.4% |
| 1988 | -15.01 % change on previous year | -13.9% |
| 1989 | -22.22 % change on previous year | +48.1% |
| 1990 | 1.4 % change on previous year | -106.3% |
| 1991 | -1.58 % change on previous year | -212.9% |
| 1992 | 32.56 % change on previous year | -2160.2% |
| 1993 | -16.95 % change on previous year | -152.1% |
| 1994 | -11.1 % change on previous year | -34.5% |
| 1995 | -23.39 % change on previous year | +110.7% |
| 1996 | -3.23 % change on previous year | -86.2% |
| 1997 | -29.83 % change on previous year | +824.0% |
| 1998 | -7.79 % change on previous year | -73.9% |
| 1999 | -7.73 % change on previous year | -0.8% |
| 2000 | 0.2405 % change on previous year | -103.1% |
| 2001 | 6.92 % change on previous year | +2774.9% |
| 2002 | -1.93 % change on previous year | -127.9% |
| 2003 | -8.23 % change on previous year | +327.6% |
| 2004 | -21.71 % change on previous year | +163.6% |
| 2005 | -4.39 % change on previous year | -79.8% |
| 2006 | 7.99 % change on previous year | -282.1% |
| 2007 | -5.88 % change on previous year | -173.7% |
| 2008 | -8.74 % change on previous year | +48.5% |
| 2009 | 17.5 % change on previous year | -300.2% |
| 2010 | 12.11 % change on previous year | -30.8% |
| 2011 | -15.48 % change on previous year | -227.8% |
| 2012 | 4.47 % change on previous year | -128.9% |
| 2013 | 7.6 % change on previous year | +70.2% |
| 2014 | 15.2 % change on previous year | +99.9% |
| 2015 | 10.23 % change on previous year | -32.7% |
| 2016 | 3.62 % change on previous year | -64.6% |
| 2017 | -44.14 % change on previous year | -1319.2% |
Barbados compared with similar countries
- Barbados's -44.14 % change on previous year is below the median for high income countries, which is -3.79 % change on previous year, 11.6× the median. (71 countries reporting)
- Barbados's -44.14 % change on previous year is below the median for Latin America & Caribbean, which is -6.76 % change on previous year, 6.5× the median. (36 countries reporting)
Biggest year-on-year movements
Years where Net trade in goods (BoP, current US$), annual growth rate in Barbados changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1984 | +2812.7% | -0.416 % change on previous year | 11.28 % change on previous year |
| 2001 | +2774.9% | 0.2405 % change on previous year | 6.92 % change on previous year |
| 1992 | +2160.2% | -1.58 % change on previous year | 32.56 % change on previous year |
| 1979 | -1855.1% | -3.24 % change on previous year | -63.33 % change on previous year |
| 2017 | -1319.2% | 3.62 % change on previous year | -44.14 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | -29.63 % change on previous year | -31.2 % change on previous year | -28.06 % change on previous year | 2 |
| 1970s | -17.46 % change on previous year | -63.33 % change on previous year | 12.92 % change on previous year | 10 |
| 1980s | -7.1 % change on previous year | -22.22 % change on previous year | 18.01 % change on previous year | 10 |
| 1990s | -6.76 % change on previous year | -29.83 % change on previous year | 32.56 % change on previous year | 10 |
| 2000s | -1.82 % change on previous year | -21.71 % change on previous year | 17.5 % change on previous year | 10 |
| 2010s | -0.7986 % change on previous year | -44.14 % change on previous year | 15.2 % change on previous year | 8 |
Countries ranked near Barbados
- 178 Iraq -38.21 % change on previous year compare
- 179 Armenia -39.38 % change on previous year compare
- 180 Namibia -42.12 % change on previous year compare
- 182 Sudan -45.15 % change on previous year compare
- 183 Spain -51.11 % change on previous year compare
- 184 Lithuania -54.73 % change on previous year 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$), annual growth rate 2.97 % change on previous year (2024)
Frequently asked questions
- What is net trade in goods (bop, current us$), annual growth rate in Barbados?
- Net trade in goods (bop, current us$), annual growth rate in Barbados was -44.14 % change on previous year in 2017, according to Statizoid (derived).
- What is the highest net trade in goods (bop, current us$), annual growth rate recorded in Barbados?
- The highest recorded value was 32.56 % change on previous year in 1992.
- What is the lowest net trade in goods (bop, current us$), annual growth rate recorded in Barbados?
- The lowest recorded value was -63.33 % change on previous year in 1979.
- How does Barbados rank for net trade in goods (bop, current us$), annual growth rate?
- Barbados ranks 181st out of 199 countries with data for 2017.
- Is net trade in goods (bop, current us$), annual growth rate rising or falling in Barbados?
- Over the last ten years it is down 650.1%. The long-run trend across the full record is volatile.
- Where does this Barbados data come from?
- The figures come from Statizoid (derived), published as part of Net trade in goods (BoP, current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 50 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Net trade in goods (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Net trade in goods Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Net trade in goods (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.