Service exports in Barbados
Barbados: Service exports was 1.52 billion BoP, current US$ in 2017. ◆ Volatile
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$, in 1967.
That places Barbados 122nd out of 198 countries with data for 2017, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 35.21 million BoP, current US$ | 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
- 119 Sudan 1.55 billion BoP, current US$ compare
- 120 Curacao 1.55 billion BoP, current US$ compare
- 121 Madagascar 1.53 billion BoP, current US$ compare
- 123 Senegal 1.48 billion BoP, current US$ compare
- 124 St. Lucia 1.40 billion BoP, current US$ compare
- 125 Iran, Islamic Rep. 1.38 billion BoP, current US$ compare
More economy & growth data for Barbados
- Inflation of consumer prices 0.8% (2025)
- GDP per capita 23,014 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 4.9% (2024)
- Gross domestic product (GDP) 6.50 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 23,014 constant 2015 US$ (2025)
- DEC alternative conversion factor 2 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 181.00 million current LCU (2025)
- Net secondary income (Net current transfers from abroad) 90.50 million current US$ (2025)
- Taxes less subsidies on products 1.67 billion current LCU (2025)
- Taxes less subsidies on products 833.40 million current US$ (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 122nd out of 198 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.