Service imports (BoP, current US$), per unit of GDP in Barbados
Barbados: Service imports (BoP, current US$), per unit of GDP was 0.1175 BoP, current US$ per US$ of GDP in 2017. ▼ Falling
Latest (2017)
0.1175 BoP, current US$ per US$ of GDP
Change on year
down 3.6%
World rank
88th
of 199 countries
All-time high
0.2029 BoP, current US$ per US$ of GDP
in 1969
All-time low
0.0739 BoP, current US$ per US$ of GDP
in 1991
Years of data
51
1967–2017
Service imports (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, service imports (bop, current us$), per unit of gdp in Barbados stood at 0.1175 BoP, current US$ per US$ of GDP.
Compared with earlier readings it is down 3.6% on the previous year and down 4.4% over ten years.
Over the whole period, service imports (bop, current us$), per unit of gdp in Barbados peaked at 0.2029 BoP, current US$ per US$ of GDP in 1969 and was at its lowest, 0.0739 BoP, current US$ per US$ of GDP, in 1991.
Barbados ranks 88th of 199 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 51 years of available data.
Service imports (BoP, current US$), per unit of GDP in Barbados, year by year
| Year | BoP, current US$ per US$ of GDP | Change |
|---|---|---|
| 1967 | 0.1553 BoP, current US$ per US$ of GDP | — |
| 1968 | 0.1873 BoP, current US$ per US$ of GDP | +20.6% |
| 1969 | 0.2029 BoP, current US$ per US$ of GDP | +8.3% |
| 1970 | 0.1976 BoP, current US$ per US$ of GDP | -2.6% |
| 1971 | 0.1886 BoP, current US$ per US$ of GDP | -4.6% |
| 1972 | 0.183 BoP, current US$ per US$ of GDP | -3.0% |
| 1973 | 0.1534 BoP, current US$ per US$ of GDP | -16.1% |
| 1974 | 0.1211 BoP, current US$ per US$ of GDP | -21.1% |
| 1975 | 0.1154 BoP, current US$ per US$ of GDP | -4.7% |
| 1976 | 0.1208 BoP, current US$ per US$ of GDP | +4.6% |
| 1977 | 0.1206 BoP, current US$ per US$ of GDP | -0.1% |
| 1978 | 0.134 BoP, current US$ per US$ of GDP | +11.1% |
| 1979 | 0.1343 BoP, current US$ per US$ of GDP | +0.2% |
| 1980 | 0.1123 BoP, current US$ per US$ of GDP | -16.3% |
| 1981 | 0.1134 BoP, current US$ per US$ of GDP | +0.9% |
| 1982 | 0.1171 BoP, current US$ per US$ of GDP | +3.3% |
| 1983 | 0.1043 BoP, current US$ per US$ of GDP | -11.0% |
| 1984 | 0.0978 BoP, current US$ per US$ of GDP | -6.2% |
| 1985 | 0.0934 BoP, current US$ per US$ of GDP | -4.4% |
| 1986 | 0.0905 BoP, current US$ per US$ of GDP | -3.1% |
| 1987 | 0.0933 BoP, current US$ per US$ of GDP | +3.1% |
| 1988 | 0.0793 BoP, current US$ per US$ of GDP | -15.1% |
| 1989 | 0.0854 BoP, current US$ per US$ of GDP | +7.7% |
| 1990 | 0.0818 BoP, current US$ per US$ of GDP | -4.2% |
| 1991 | 0.0739 BoP, current US$ per US$ of GDP | -9.6% |
| 1992 | 0.0769 BoP, current US$ per US$ of GDP | +4.0% |
| 1993 | 0.0919 BoP, current US$ per US$ of GDP | +19.5% |
| 1994 | 0.0977 BoP, current US$ per US$ of GDP | +6.3% |
| 1995 | 0.1094 BoP, current US$ per US$ of GDP | +12.0% |
| 1996 | 0.1111 BoP, current US$ per US$ of GDP | +1.6% |
| 1997 | 0.1121 BoP, current US$ per US$ of GDP | +0.8% |
| 1998 | 0.1061 BoP, current US$ per US$ of GDP | -5.4% |
| 1999 | 0.1077 BoP, current US$ per US$ of GDP | +1.5% |
| 2000 | 0.1244 BoP, current US$ per US$ of GDP | +15.5% |
| 2001 | 0.1176 BoP, current US$ per US$ of GDP | -5.5% |
| 2002 | 0.1212 BoP, current US$ per US$ of GDP | +3.0% |
| 2003 | 0.1402 BoP, current US$ per US$ of GDP | +15.8% |
| 2004 | 0.1254 BoP, current US$ per US$ of GDP | -10.6% |
| 2005 | 0.1367 BoP, current US$ per US$ of GDP | +9.0% |
| 2006 | 0.1256 BoP, current US$ per US$ of GDP | -8.2% |
| 2007 | 0.1229 BoP, current US$ per US$ of GDP | -2.2% |
| 2008 | 0.1383 BoP, current US$ per US$ of GDP | +12.6% |
| 2009 | 0.1406 BoP, current US$ per US$ of GDP | +1.6% |
| 2010 | 0.1234 BoP, current US$ per US$ of GDP | -12.2% |
| 2011 | 0.0936 BoP, current US$ per US$ of GDP | -24.1% |
| 2012 | 0.0985 BoP, current US$ per US$ of GDP | +5.1% |
| 2013 | 0.1317 BoP, current US$ per US$ of GDP | +33.7% |
| 2014 | 0.1209 BoP, current US$ per US$ of GDP | -8.2% |
| 2015 | 0.125 BoP, current US$ per US$ of GDP | +3.4% |
| 2016 | 0.1218 BoP, current US$ per US$ of GDP | -2.5% |
| 2017 | 0.1175 BoP, current US$ per US$ of GDP | -3.6% |
Barbados compared with similar countries
- Barbados's 0.1175 BoP, current US$ per US$ of GDP is below the median for high income countries, which is 0.1373 BoP, current US$ per US$ of GDP, 86% of the median. (72 countries reporting)
- Barbados's 0.1175 BoP, current US$ per US$ of GDP is above the median for Latin America & Caribbean, which is 0.1035 BoP, current US$ per US$ of GDP, 1.1× the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.1818 BoP, current US$ per US$ of GDP | 0.1553 BoP, current US$ per US$ of GDP | 0.2029 BoP, current US$ per US$ of GDP | 3 |
| 1970s | 0.1469 BoP, current US$ per US$ of GDP | 0.1154 BoP, current US$ per US$ of GDP | 0.1976 BoP, current US$ per US$ of GDP | 10 |
| 1980s | 0.0987 BoP, current US$ per US$ of GDP | 0.0793 BoP, current US$ per US$ of GDP | 0.1171 BoP, current US$ per US$ of GDP | 10 |
| 1990s | 0.0968 BoP, current US$ per US$ of GDP | 0.0739 BoP, current US$ per US$ of GDP | 0.1121 BoP, current US$ per US$ of GDP | 10 |
| 2000s | 0.1293 BoP, current US$ per US$ of GDP | 0.1176 BoP, current US$ per US$ of GDP | 0.1406 BoP, current US$ per US$ of GDP | 10 |
| 2010s | 0.1166 BoP, current US$ per US$ of GDP | 0.0936 BoP, current US$ per US$ of GDP | 0.1317 BoP, current US$ per US$ of GDP | 8 |
Countries ranked near Barbados
- 85 Burundi 0.1207 BoP, current US$ per US$ of GDP compare
- 86 Oman 0.1192 BoP, current US$ per US$ of GDP compare
- 87 Germany 0.1191 BoP, current US$ per US$ of GDP compare
- 89 Congo 0.1152 BoP, current US$ per US$ of GDP compare
- 90 Cape Verde 0.1144 BoP, current US$ per US$ of GDP compare
- 91 United Kingdom 0.1124 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$), annual growth rate 2.97 % change on previous year (2024)
Frequently asked questions
- What is service imports (bop, current us$), per unit of gdp in Barbados?
- Service imports (bop, current us$), per unit of gdp in Barbados was 0.1175 BoP, current US$ per US$ of GDP in 2017, according to Statizoid (derived).
- What is the highest service imports (bop, current us$), per unit of gdp recorded in Barbados?
- The highest recorded value was 0.2029 BoP, current US$ per US$ of GDP in 1969.
- What is the lowest service imports (bop, current us$), per unit of gdp recorded in Barbados?
- The lowest recorded value was 0.0739 BoP, current US$ per US$ of GDP in 1991.
- How does Barbados rank for service imports (bop, current us$), per unit of gdp?
- Barbados ranks 88th out of 199 countries with data for 2017.
- Is service imports (bop, current us$), per unit of gdp rising or falling in Barbados?
- Over the last ten years it is down 4.4%. The long-run trend across the full record is falling.
- Where does this Barbados data come from?
- The figures come from Statizoid (derived), published as part of Service imports (BoP, current US$), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 51 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Service imports (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Service imports (BoP, current US$) ÷ GDP (current US$)
Computed from
- Service imports Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Service imports (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.