Primary income payments (BoP, current US$), per unit of GDP in Barbados
Barbados: Primary income payments (BoP, current US$), per unit of GDP was 0.0558 BoP, current US$ per US$ of GDP in 2017. ◆ Volatile
Primary income payments (BoP, current US$), per unit of GDP in Barbados, 1967–2017
Source: Statizoid (derived). Measured in BoP, current US$ per US$ of GDP.
Analysis
In 2017, primary income payments (bop, current us$), per unit of gdp in Barbados stood at 0.0558 BoP, current US$ per US$ of GDP.
Compared with earlier readings it is down 62.3% on the previous year and down 41.9% over ten years.
Over the whole period, primary income payments (bop, current us$), per unit of gdp in Barbados peaked at 0.1478 BoP, current US$ per US$ of GDP in 2016 and was at its lowest, 0.0087 BoP, current US$ per US$ of GDP, in 1976.
Barbados ranks 93rd of 199 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Primary income payments (BoP, current US$), per unit of GDP in Barbados, year by year
| Year | BoP, current US$ per US$ of GDP | Change |
|---|---|---|
| 1967 | 0.0332 BoP, current US$ per US$ of GDP | — |
| 1968 | 0.037 BoP, current US$ per US$ of GDP | +11.2% |
| 1969 | 0.0381 BoP, current US$ per US$ of GDP | +3.1% |
| 1970 | 0.0427 BoP, current US$ per US$ of GDP | +11.9% |
| 1971 | 0.044 BoP, current US$ per US$ of GDP | +3.0% |
| 1972 | 0.0462 BoP, current US$ per US$ of GDP | +5.0% |
| 1973 | 0.0454 BoP, current US$ per US$ of GDP | -1.7% |
| 1974 | 0.0126 BoP, current US$ per US$ of GDP | -72.1% |
| 1975 | 0.0138 BoP, current US$ per US$ of GDP | +8.9% |
| 1976 | 0.0087 BoP, current US$ per US$ of GDP | -36.6% |
| 1977 | 0.0104 BoP, current US$ per US$ of GDP | +19.0% |
| 1978 | 0.0097 BoP, current US$ per US$ of GDP | -6.5% |
| 1979 | 0.0145 BoP, current US$ per US$ of GDP | +49.7% |
| 1980 | 0.0227 BoP, current US$ per US$ of GDP | +56.2% |
| 1981 | 0.0296 BoP, current US$ per US$ of GDP | +30.4% |
| 1982 | 0.0319 BoP, current US$ per US$ of GDP | +7.7% |
| 1983 | 0.0347 BoP, current US$ per US$ of GDP | +8.8% |
| 1984 | 0.0384 BoP, current US$ per US$ of GDP | +10.6% |
| 1985 | 0.0378 BoP, current US$ per US$ of GDP | -1.4% |
| 1986 | 0.0476 BoP, current US$ per US$ of GDP | +26.0% |
| 1987 | 0.0473 BoP, current US$ per US$ of GDP | -0.8% |
| 1988 | 0.0455 BoP, current US$ per US$ of GDP | -3.7% |
| 1989 | 0.0377 BoP, current US$ per US$ of GDP | -17.1% |
| 1990 | 0.0493 BoP, current US$ per US$ of GDP | +30.5% |
| 1991 | 0.0489 BoP, current US$ per US$ of GDP | -0.8% |
| 1992 | 0.0445 BoP, current US$ per US$ of GDP | -8.9% |
| 1993 | 0.0493 BoP, current US$ per US$ of GDP | +10.7% |
| 1994 | 0.0507 BoP, current US$ per US$ of GDP | +2.8% |
| 1995 | 0.0557 BoP, current US$ per US$ of GDP | +9.8% |
| 1996 | 0.0596 BoP, current US$ per US$ of GDP | +7.0% |
| 1997 | 0.0528 BoP, current US$ per US$ of GDP | -11.4% |
| 1998 | 0.0533 BoP, current US$ per US$ of GDP | +0.9% |
| 1999 | 0.0564 BoP, current US$ per US$ of GDP | +5.8% |
| 2000 | 0.0607 BoP, current US$ per US$ of GDP | +7.6% |
| 2001 | 0.0686 BoP, current US$ per US$ of GDP | +13.0% |
| 2002 | 0.0729 BoP, current US$ per US$ of GDP | +6.2% |
| 2003 | 0.0756 BoP, current US$ per US$ of GDP | +3.7% |
| 2004 | 0.0851 BoP, current US$ per US$ of GDP | +12.6% |
| 2005 | 0.0838 BoP, current US$ per US$ of GDP | -1.5% |
| 2006 | 0.1159 BoP, current US$ per US$ of GDP | +38.3% |
| 2007 | 0.096 BoP, current US$ per US$ of GDP | -17.2% |
| 2008 | 0.089 BoP, current US$ per US$ of GDP | -7.3% |
| 2009 | 0.116 BoP, current US$ per US$ of GDP | +30.4% |
| 2010 | 0.0689 BoP, current US$ per US$ of GDP | -40.6% |
| 2011 | 0.084 BoP, current US$ per US$ of GDP | +21.9% |
| 2012 | 0.0956 BoP, current US$ per US$ of GDP | +13.8% |
| 2013 | 0.0879 BoP, current US$ per US$ of GDP | -8.0% |
| 2014 | 0.1353 BoP, current US$ per US$ of GDP | +53.9% |
| 2015 | 0.0882 BoP, current US$ per US$ of GDP | -34.8% |
| 2016 | 0.1478 BoP, current US$ per US$ of GDP | +67.5% |
| 2017 | 0.0558 BoP, current US$ per US$ of GDP | -62.3% |
Barbados compared with similar countries
- Barbados's 0.0558 BoP, current US$ per US$ of GDP is below the median for high income countries, which is 0.0777 BoP, current US$ per US$ of GDP, 72% of the median. (72 countries reporting)
- Barbados's 0.0558 BoP, current US$ per US$ of GDP is below the median for Latin America & Caribbean, which is 0.0565 BoP, current US$ per US$ of GDP, 99% of the median. (37 countries reporting)
Biggest year-on-year movements
Years where Primary income payments (BoP, current US$), per unit of GDP in Barbados changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1974 | -72.1% | 0.0454 BoP, current US$ per US$ of GDP | 0.0126 BoP, current US$ per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.0361 BoP, current US$ per US$ of GDP | 0.0332 BoP, current US$ per US$ of GDP | 0.0381 BoP, current US$ per US$ of GDP | 3 |
| 1970s | 0.0248 BoP, current US$ per US$ of GDP | 0.0087 BoP, current US$ per US$ of GDP | 0.0462 BoP, current US$ per US$ of GDP | 10 |
| 1980s | 0.0373 BoP, current US$ per US$ of GDP | 0.0227 BoP, current US$ per US$ of GDP | 0.0476 BoP, current US$ per US$ of GDP | 10 |
| 1990s | 0.052 BoP, current US$ per US$ of GDP | 0.0445 BoP, current US$ per US$ of GDP | 0.0596 BoP, current US$ per US$ of GDP | 10 |
| 2000s | 0.0864 BoP, current US$ per US$ of GDP | 0.0607 BoP, current US$ per US$ of GDP | 0.116 BoP, current US$ per US$ of GDP | 10 |
| 2010s | 0.0954 BoP, current US$ per US$ of GDP | 0.0558 BoP, current US$ per US$ of GDP | 0.1478 BoP, current US$ per US$ of GDP | 8 |
Countries ranked near Barbados
- 90 Italy 0.0567 BoP, current US$ per US$ of GDP compare
- 91 Belize 0.0565 BoP, current US$ per US$ of GDP compare
- 92 Germany 0.0564 BoP, current US$ per US$ of GDP compare
- 94 Israel 0.0555 BoP, current US$ per US$ of GDP compare
- 95 Cote d'Ivoire 0.0535 BoP, current US$ per US$ of GDP compare
- 96 Egypt 0.0533 BoP, current US$ per US$ of GDP 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$), annual growth rate 2.97 % change on previous year (2024)
Frequently asked questions
- What is primary income payments (bop, current us$), per unit of gdp in Barbados?
- Primary income payments (bop, current us$), per unit of gdp in Barbados was 0.0558 BoP, current US$ per US$ of GDP in 2017, according to Statizoid (derived).
- What is the highest primary income payments (bop, current us$), per unit of gdp recorded in Barbados?
- The highest recorded value was 0.1478 BoP, current US$ per US$ of GDP in 2016.
- What is the lowest primary income payments (bop, current us$), per unit of gdp recorded in Barbados?
- The lowest recorded value was 0.0087 BoP, current US$ per US$ of GDP in 1976.
- How does Barbados rank for primary income payments (bop, current us$), per unit of gdp?
- Barbados ranks 93rd out of 199 countries with data for 2017.
- Is primary income payments (bop, current us$), per unit of gdp rising or falling in Barbados?
- Over the last ten years it is down 41.9%. 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 Primary income payments (BoP, current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Primary income payments (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Primary income payments (BoP, current US$) ÷ GDP (current US$)
Computed from
- Primary income payments Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Primary income payments (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.