Service exports (BoP, current US$) in Barbados
Barbados: Service exports (BoP, current US$) was 1.52 billion BoP, current US$ in 2017. ◆ Volatile
Latest (2017)
1.52 billion BoP, current US$
Change on year
up 6.2%
World rank
123rd
of 200 countries
All-time high
1.52 billion BoP, current US$
in 2017
All-time low
29.51 million BoP, current US$
in 1967
Years of data
51
1967–2017
Service exports in Barbados, 1967–2017
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for service exports in Barbados is 1.52 billion BoP, current US$, measured in 2017. That is the highest value across all 51 years on record.
That represents a change of up 6.2% on the previous year and up 4.5% over ten years.
Over the whole period, service exports in Barbados peaked at 1.52 billion BoP, current US$ in 2017 and was at its lowest, 29.51 million BoP, current US$, in 1967.
That places Barbados 123rd out of 200 countries with data for 2017, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Service exports (BoP, current US$) in Barbados, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1967 | 29.51 million BoP, current US$ | — |
| 1968 | 36.48 million BoP, current US$ | +23.6% |
| 1969 | 39.64 million BoP, current US$ | +8.7% |
| 1970 | 52.68 million BoP, current US$ | +32.9% |
| 1971 | 67.11 million BoP, current US$ | +27.4% |
| 1972 | 78.68 million BoP, current US$ | +17.2% |
| 1973 | 88.63 million BoP, current US$ | +12.6% |
| 1974 | 92.22 million BoP, current US$ | +4.0% |
| 1975 | 97.50 million BoP, current US$ | +5.7% |
| 1976 | 110.18 million BoP, current US$ | +13.0% |
| 1977 | 144.36 million BoP, current US$ | +31.0% |
| 1978 | 183.03 million BoP, current US$ | +26.8% |
| 1979 | 270.77 million BoP, current US$ | +47.9% |
| 1980 | 330.01 million BoP, current US$ | +21.9% |
| 1981 | 335.90 million BoP, current US$ | +1.8% |
| 1982 | 344.42 million BoP, current US$ | +2.5% |
| 1983 | 340.50 million BoP, current US$ | -1.1% |
| 1984 | 378.96 million BoP, current US$ | +11.3% |
| 1985 | 410.09 million BoP, current US$ | +8.2% |
| 1986 | 459.88 million BoP, current US$ | +12.1% |
| 1987 | 507.34 million BoP, current US$ | +10.3% |
| 1988 | 595.33 million BoP, current US$ | +17.3% |
| 1989 | 682.29 million BoP, current US$ | +14.6% |
| 1990 | 630.27 million BoP, current US$ | -7.6% |
| 1991 | 613.74 million BoP, current US$ | -2.6% |
| 1992 | 613.92 million BoP, current US$ | +0.0% |
| 1993 | 685.04 million BoP, current US$ | +11.6% |
| 1994 | 796.28 million BoP, current US$ | +16.2% |
| 1995 | 802.34 million BoP, current US$ | +0.8% |
| 1996 | 967.34 million BoP, current US$ | +20.6% |
| 1997 | 898.00 million BoP, current US$ | -7.2% |
| 1998 | 947.05 million BoP, current US$ | +5.5% |
| 1999 | 990.11 million BoP, current US$ | +4.5% |
| 2000 | 1.09 billion BoP, current US$ | +9.7% |
| 2001 | 1.01 billion BoP, current US$ | -6.7% |
| 2002 | 1.03 billion BoP, current US$ | +1.3% |
| 2003 | 1.12 billion BoP, current US$ | +8.9% |
| 2004 | 1.09 billion BoP, current US$ | -2.1% |
| 2005 | 1.25 billion BoP, current US$ | +14.6% |
| 2006 | 1.38 billion BoP, current US$ | +9.9% |
| 2007 | 1.46 billion BoP, current US$ | +5.7% |
| 2008 | 1.52 billion BoP, current US$ | +4.2% |
| 2009 | 1.41 billion BoP, current US$ | -6.9% |
| 2010 | 1.33 billion BoP, current US$ | -5.8% |
| 2011 | 1.30 billion BoP, current US$ | -2.5% |
| 2012 | 1.26 billion BoP, current US$ | -3.1% |
| 2013 | 1.46 billion BoP, current US$ | +16.0% |
| 2014 | 1.38 billion BoP, current US$ | -5.5% |
| 2015 | 1.42 billion BoP, current US$ | +3.0% |
| 2016 | 1.43 billion BoP, current US$ | +1.0% |
| 2017 | 1.52 billion BoP, current US$ | +6.2% |
Barbados compared with similar countries
- Barbados's 1.52 billion BoP, current US$ is below the median for high income countries, which is 24.69 billion BoP, current US$, 6% of the median. (72 countries reporting)
- Barbados's 1.52 billion BoP, current US$ is below the median for Latin America & Caribbean, which is 2.99 billion BoP, current US$, 51% of the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 35.21 million BoP, current US$ | 29.51 million BoP, current US$ | 39.64 million BoP, current US$ | 3 |
| 1970s | 118.52 million BoP, current US$ | 52.68 million BoP, current US$ | 270.77 million BoP, current US$ | 10 |
| 1980s | 438.47 million BoP, current US$ | 330.01 million BoP, current US$ | 682.29 million BoP, current US$ | 10 |
| 1990s | 794.41 million BoP, current US$ | 613.74 million BoP, current US$ | 990.11 million BoP, current US$ | 10 |
| 2000s | 1.24 billion BoP, current US$ | 1.01 billion BoP, current US$ | 1.52 billion BoP, current US$ | 10 |
| 2010s | 1.39 billion BoP, current US$ | 1.26 billion BoP, current US$ | 1.52 billion BoP, current US$ | 8 |
Countries ranked near Barbados
- 120 Cameroon 1.81 billion BoP, current US$ compare
- 121 Madagascar 1.66 billion BoP, current US$ compare
- 122 Curacao 1.55 billion BoP, current US$ compare
- 124 Senegal 1.48 billion BoP, current US$ compare
- 125 Saint Lucia 1.40 billion BoP, current US$ compare
- 126 Zambia 1.39 billion 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 service exports in Barbados?
- Service exports in Barbados was 1.52 billion BoP, current US$ in 2017, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest service exports recorded in Barbados?
- The highest recorded value was 1.52 billion BoP, current US$ in 2017.
- What is the lowest service exports recorded in Barbados?
- The lowest recorded value was 29.51 million BoP, current US$ in 1967.
- How does Barbados rank for service exports?
- Barbados ranks 123rd out of 200 countries with data for 2017.
- Is service exports rising or falling in Barbados?
- Over the last ten years it is up 4.5%. 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 Service exports (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Exports of services are services provided by residents to non-residents. 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.