Secondary income, other sectors, payments (BoP, current US$), per in Barbados
Barbados: Secondary income, other sectors, payments (BoP, current US$), per was 0.015 BoP, current US$ per US$ of GDP in 2017. ▲ Rising
Secondary income, other sectors, payments (BoP, current US$), per in Barbados, 1967–2017
Source: Statizoid (derived). Measured in BoP, current US$ per US$ of GDP.
Analysis
The most recent figure for secondary income, other sectors, payments (bop, current us$), per in Barbados is 0.015 BoP, current US$ per US$ of GDP, measured in 2017.
That represents a change of down 53.0% on the previous year and down 63.1% over ten years.
Over the whole period, secondary income, other sectors, payments (bop, current us$), per in Barbados peaked at 0.063 BoP, current US$ per US$ of GDP in 2005 and was at its lowest, 0.0065 BoP, current US$ per US$ of GDP, in 1967.
That places Barbados 82nd out of 197 countries with data for 2017, putting it in the middle of the range.
The long-run direction has been consistently rising across the 51 years of available data.
Secondary income, other sectors, payments (BoP, current US$), per in Barbados, year by year
| Year | BoP, current US$ per US$ of GDP | Change |
|---|---|---|
| 1967 | 0.0065 BoP, current US$ per US$ of GDP | — |
| 1968 | 0.01 BoP, current US$ per US$ of GDP | +53.7% |
| 1969 | 0.0104 BoP, current US$ per US$ of GDP | +4.4% |
| 1970 | 0.0107 BoP, current US$ per US$ of GDP | +3.1% |
| 1971 | 0.0101 BoP, current US$ per US$ of GDP | -6.2% |
| 1972 | 0.0099 BoP, current US$ per US$ of GDP | -2.1% |
| 1973 | 0.0095 BoP, current US$ per US$ of GDP | -4.1% |
| 1974 | 0.034 BoP, current US$ per US$ of GDP | +260.0% |
| 1975 | 0.0302 BoP, current US$ per US$ of GDP | -11.3% |
| 1976 | 0.052 BoP, current US$ per US$ of GDP | +72.2% |
| 1977 | 0.0268 BoP, current US$ per US$ of GDP | -48.5% |
| 1978 | 0.0282 BoP, current US$ per US$ of GDP | +5.3% |
| 1979 | 0.0176 BoP, current US$ per US$ of GDP | -37.7% |
| 1980 | 0.0149 BoP, current US$ per US$ of GDP | -14.9% |
| 1981 | 0.0161 BoP, current US$ per US$ of GDP | +7.9% |
| 1982 | 0.0157 BoP, current US$ per US$ of GDP | -2.6% |
| 1983 | 0.0145 BoP, current US$ per US$ of GDP | -7.8% |
| 1984 | 0.0167 BoP, current US$ per US$ of GDP | +15.5% |
| 1985 | 0.0154 BoP, current US$ per US$ of GDP | -7.8% |
| 1986 | 0.0154 BoP, current US$ per US$ of GDP | +0.1% |
| 1987 | 0.0156 BoP, current US$ per US$ of GDP | +1.2% |
| 1988 | 0.0129 BoP, current US$ per US$ of GDP | -17.3% |
| 1989 | 0.0176 BoP, current US$ per US$ of GDP | +36.1% |
| 1990 | 0.0228 BoP, current US$ per US$ of GDP | +29.7% |
| 1991 | 0.0191 BoP, current US$ per US$ of GDP | -16.1% |
| 1992 | 0.0207 BoP, current US$ per US$ of GDP | +8.2% |
| 1993 | 0.0266 BoP, current US$ per US$ of GDP | +28.4% |
| 1994 | 0.0326 BoP, current US$ per US$ of GDP | +22.9% |
| 1995 | 0.0337 BoP, current US$ per US$ of GDP | +3.2% |
| 1996 | 0.034 BoP, current US$ per US$ of GDP | +0.9% |
| 1997 | 0.0318 BoP, current US$ per US$ of GDP | -6.4% |
| 1998 | 0.0286 BoP, current US$ per US$ of GDP | -10.0% |
| 1999 | 0.0288 BoP, current US$ per US$ of GDP | +0.6% |
| 2000 | 0.0303 BoP, current US$ per US$ of GDP | +5.2% |
| 2001 | 0.0326 BoP, current US$ per US$ of GDP | +7.6% |
| 2002 | 0.0322 BoP, current US$ per US$ of GDP | -1.3% |
| 2003 | 0.0315 BoP, current US$ per US$ of GDP | -2.2% |
| 2004 | 0.0372 BoP, current US$ per US$ of GDP | +18.2% |
| 2005 | 0.063 BoP, current US$ per US$ of GDP | +69.3% |
| 2006 | 0.0515 BoP, current US$ per US$ of GDP | -18.3% |
| 2007 | 0.0405 BoP, current US$ per US$ of GDP | -21.3% |
| 2008 | 0.0456 BoP, current US$ per US$ of GDP | +12.5% |
| 2009 | 0.0405 BoP, current US$ per US$ of GDP | -11.1% |
| 2010 | 0.0318 BoP, current US$ per US$ of GDP | -21.6% |
| 2011 | 0.0307 BoP, current US$ per US$ of GDP | -3.4% |
| 2012 | 0.0229 BoP, current US$ per US$ of GDP | -25.4% |
| 2013 | 0.0253 BoP, current US$ per US$ of GDP | +10.6% |
| 2014 | 0.0228 BoP, current US$ per US$ of GDP | -10.2% |
| 2015 | 0.0327 BoP, current US$ per US$ of GDP | +43.8% |
| 2016 | 0.0318 BoP, current US$ per US$ of GDP | -2.8% |
| 2017 | 0.015 BoP, current US$ per US$ of GDP | -53.0% |
Barbados compared with similar countries
- Barbados's 0.015 BoP, current US$ per US$ of GDP is below the median for high income countries, which is 0.0169 BoP, current US$ per US$ of GDP, 89% of the median. (72 countries reporting)
- Barbados's 0.015 BoP, current US$ per US$ of GDP is above the median for Latin America & Caribbean, which is 0.0133 BoP, current US$ per US$ of GDP, 1.1× the median. (37 countries reporting)
Biggest year-on-year movements
Years where Secondary income, other sectors, payments (BoP, current US$), per in Barbados changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1974 | +260.0% | 0.0095 BoP, current US$ per US$ of GDP | 0.034 BoP, current US$ per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.009 BoP, current US$ per US$ of GDP | 0.0065 BoP, current US$ per US$ of GDP | 0.0104 BoP, current US$ per US$ of GDP | 3 |
| 1970s | 0.0229 BoP, current US$ per US$ of GDP | 0.0095 BoP, current US$ per US$ of GDP | 0.052 BoP, current US$ per US$ of GDP | 10 |
| 1980s | 0.0155 BoP, current US$ per US$ of GDP | 0.0129 BoP, current US$ per US$ of GDP | 0.0176 BoP, current US$ per US$ of GDP | 10 |
| 1990s | 0.0279 BoP, current US$ per US$ of GDP | 0.0191 BoP, current US$ per US$ of GDP | 0.034 BoP, current US$ per US$ of GDP | 10 |
| 2000s | 0.0405 BoP, current US$ per US$ of GDP | 0.0303 BoP, current US$ per US$ of GDP | 0.063 BoP, current US$ per US$ of GDP | 10 |
| 2010s | 0.0266 BoP, current US$ per US$ of GDP | 0.015 BoP, current US$ per US$ of GDP | 0.0327 BoP, current US$ per US$ of GDP | 8 |
Countries ranked near Barbados
- 79 Israel 0.0152 BoP, current US$ per US$ of GDP compare
- 80 Democratic Republic of Congo 0.0151 BoP, current US$ per US$ of GDP compare
- 81 Trinidad and Tobago 0.0151 BoP, current US$ per US$ of GDP compare
- 83 Sweden 0.0149 BoP, current US$ per US$ of GDP compare
- 84 Montenegro 0.0147 BoP, current US$ per US$ of GDP compare
- 85 Dominican Republic 0.0147 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$), annual growth rate 2.97 % change on previous year (2024)
Frequently asked questions
- What is secondary income, other sectors, payments (bop, current us$), per in Barbados?
- Secondary income, other sectors, payments (bop, current us$), per in Barbados was 0.015 BoP, current US$ per US$ of GDP in 2017, according to Statizoid (derived).
- What is the highest secondary income, other sectors, payments (bop, current us$), per recorded in Barbados?
- The highest recorded value was 0.063 BoP, current US$ per US$ of GDP in 2005.
- What is the lowest secondary income, other sectors, payments (bop, current us$), per recorded in Barbados?
- The lowest recorded value was 0.0065 BoP, current US$ per US$ of GDP in 1967.
- How does Barbados rank for secondary income, other sectors, payments (bop, current us$), per?
- Barbados ranks 82nd out of 197 countries with data for 2017.
- Is secondary income, other sectors, payments (bop, current us$), per rising or falling in Barbados?
- Over the last ten years it is down 63.1%. The long-run trend across the full record is rising.
- Where does this Barbados data come from?
- The figures come from Statizoid (derived), published as part of Secondary income, other sectors, payments (BoP, current US$), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 51 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Secondary income, other sectors, payments (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Secondary income, other sectors, payments (BoP, current US$) ÷ GDP (current US$)
Computed from
- Secondary income, other sectors, payments Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Secondary income, other sectors, payments (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.