Net trade in goods (BoP, current US$) in Barbados
Barbados: Net trade in goods (BoP, current US$) was -820.85 million BoP, current US$ in 2017. ◆ Volatile
Latest (2017)
-820.85 million BoP, current US$
Change on year
down 44.1%
World rank
103rd
of 200 countries
All-time high
-33.38 million BoP, current US$
in 1967
All-time low
-1.05 billion BoP, current US$
in 2008
Years of data
51
1967–2017
Net trade in goods in Barbados, 1967–2017
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for net trade in goods in Barbados is -820.85 million BoP, current US$, measured in 2017.
Compared with earlier readings it is down 44.1% on the previous year and up 15.0% over ten years.
Over the whole period, net trade in goods in Barbados peaked at -33.38 million BoP, current US$ in 1967 and was at its lowest, -1.05 billion BoP, current US$, in 2008.
That places Barbados 103rd out of 200 countries with data for 2017, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net trade in goods (BoP, current US$) in Barbados, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1967 | -33.38 million BoP, current US$ | — |
| 1968 | -42.74 million BoP, current US$ | +28.1% |
| 1969 | -56.08 million BoP, current US$ | +31.2% |
| 1970 | -71.54 million BoP, current US$ | +27.6% |
| 1971 | -79.45 million BoP, current US$ | +11.1% |
| 1972 | -90.99 million BoP, current US$ | +14.5% |
| 1973 | -105.55 million BoP, current US$ | +16.0% |
| 1974 | -119.37 million BoP, current US$ | +13.1% |
| 1975 | -103.95 million BoP, current US$ | -12.9% |
| 1976 | -131.28 million BoP, current US$ | +26.3% |
| 1977 | -147.58 million BoP, current US$ | +12.4% |
| 1978 | -152.36 million BoP, current US$ | +3.2% |
| 1979 | -248.84 million BoP, current US$ | +63.3% |
| 1980 | -301.75 million BoP, current US$ | +21.3% |
| 1981 | -366.50 million BoP, current US$ | +21.5% |
| 1982 | -300.50 million BoP, current US$ | -18.0% |
| 1983 | -301.75 million BoP, current US$ | +0.4% |
| 1984 | -267.70 million BoP, current US$ | -11.3% |
| 1985 | -257.40 million BoP, current US$ | -3.8% |
| 1986 | -273.81 million BoP, current US$ | +6.4% |
| 1987 | -321.51 million BoP, current US$ | +17.4% |
| 1988 | -369.76 million BoP, current US$ | +15.0% |
| 1989 | -451.94 million BoP, current US$ | +22.2% |
| 1990 | -445.61 million BoP, current US$ | -1.4% |
| 1991 | -452.65 million BoP, current US$ | +1.6% |
| 1992 | -305.26 million BoP, current US$ | -32.6% |
| 1993 | -357.00 million BoP, current US$ | +16.9% |
| 1994 | -396.62 million BoP, current US$ | +11.1% |
| 1995 | -489.39 million BoP, current US$ | +23.4% |
| 1996 | -505.19 million BoP, current US$ | +3.2% |
| 1997 | -655.89 million BoP, current US$ | +29.8% |
| 1998 | -706.99 million BoP, current US$ | +7.8% |
| 1999 | -761.62 million BoP, current US$ | +7.7% |
| 2000 | -759.79 million BoP, current US$ | -0.2% |
| 2001 | -707.25 million BoP, current US$ | -6.9% |
| 2002 | -720.87 million BoP, current US$ | +1.9% |
| 2003 | -780.23 million BoP, current US$ | +8.2% |
| 2004 | -949.61 million BoP, current US$ | +21.7% |
| 2005 | -991.27 million BoP, current US$ | +4.4% |
| 2006 | -912.08 million BoP, current US$ | -8.0% |
| 2007 | -965.75 million BoP, current US$ | +5.9% |
| 2008 | -1.05 billion BoP, current US$ | +8.7% |
| 2009 | -866.38 million BoP, current US$ | -17.5% |
| 2010 | -761.45 million BoP, current US$ | -12.1% |
| 2011 | -879.29 million BoP, current US$ | +15.5% |
| 2012 | -840.01 million BoP, current US$ | -4.5% |
| 2013 | -776.14 million BoP, current US$ | -7.6% |
| 2014 | -658.19 million BoP, current US$ | -15.2% |
| 2015 | -590.88 million BoP, current US$ | -10.2% |
| 2016 | -569.49 million BoP, current US$ | -3.6% |
| 2017 | -820.85 million BoP, current US$ | +44.1% |
Barbados compared with similar countries
- Barbados's -820.85 million BoP, current US$ is below the median for high income countries, which is -758.89 million BoP, current US$, 1.1× the median. (72 countries reporting)
- Barbados's -820.85 million BoP, current US$ is below the median for Latin America & Caribbean, which is -696.93 million BoP, current US$, 1.2× the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | -44.07 million BoP, current US$ | -56.08 million BoP, current US$ | -33.38 million BoP, current US$ | 3 |
| 1970s | -125.09 million BoP, current US$ | -248.84 million BoP, current US$ | -71.54 million BoP, current US$ | 10 |
| 1980s | -321.26 million BoP, current US$ | -451.94 million BoP, current US$ | -257.40 million BoP, current US$ | 10 |
| 1990s | -507.62 million BoP, current US$ | -761.62 million BoP, current US$ | -305.26 million BoP, current US$ | 10 |
| 2000s | -870.34 million BoP, current US$ | -1.05 billion BoP, current US$ | -707.25 million BoP, current US$ | 10 |
| 2010s | -737.04 million BoP, current US$ | -879.29 million BoP, current US$ | -569.49 million BoP, current US$ | 8 |
Countries ranked near Barbados
- 100 Togo -743.89 million BoP, current US$ compare
- 101 Lesotho -756.75 million BoP, current US$ compare
- 102 Mozambique -796.66 million BoP, current US$ compare
- 104 Sierra Leone -850.37 million BoP, current US$ compare
- 105 New Zealand -878.18 million BoP, current US$ compare
- 106 Seychelles -879.24 million BoP, current US$ compare
More economy & growth data for Barbados
- Real gdp growth, annual growth rate 85.61 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate -64.37 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.002 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 55.55 units per person (2025)
- SDRs holdings, SDR, annual growth rate -66.07 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0014 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 40.56 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -18.55 % change on previous year (2025)
Frequently asked questions
- What is net trade in goods in Barbados?
- Net trade in goods in Barbados was -820.85 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 recorded in Barbados?
- The highest recorded value was -33.38 million BoP, current US$ in 1967.
- What is the lowest net trade in goods recorded in Barbados?
- The lowest recorded value was -1.05 billion BoP, current US$ in 2008.
- How does Barbados rank for net trade in goods?
- Barbados ranks 103rd out of 200 countries with data for 2017.
- Is net trade in goods rising or falling in Barbados?
- Over the last ten years it is up 15.0%. 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 (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 is the difference between the exports and imports of goods. 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.