Service imports in Barbados
Barbados: Service imports was 686.96 million BoP, current US$ in 2017. ◆ Volatile
Service imports in Barbados, 1967–2017
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2017, service imports in Barbados stood at 686.96 million BoP, current US$.
That represents a change of down 0.7% on the previous year and up 19.6% over ten years.
Over the whole period, service imports in Barbados peaked at 745.25 million BoP, current US$ in 2013 and was at its lowest, 19.49 million BoP, current US$, in 1967.
Barbados ranks 159th of 198 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 23.91 million BoP, current US$ | 19.49 million BoP, current US$ | 28.69 million BoP, current US$ | 3 |
| 1970s | 50.79 million BoP, current US$ | 32.85 million BoP, current US$ | 90.02 million BoP, current US$ | 10 |
| 1980s | 138.27 million BoP, current US$ | 113.71 million BoP, current US$ | 171.25 million BoP, current US$ | 10 |
| 1990s | 226.59 million BoP, current US$ | 149.35 million BoP, current US$ | 317.86 million BoP, current US$ | 10 |
| 2000s | 491.51 million BoP, current US$ | 359.26 million BoP, current US$ | 662.60 million BoP, current US$ | 10 |
| 2010s | 656.92 million BoP, current US$ | 520.91 million BoP, current US$ | 745.25 million BoP, current US$ | 8 |
Countries ranked near Barbados
- 156 Malawi 894.57 million BoP, current US$ compare
- 157 San Marino 894.03 million BoP, current US$ compare
- 158 Djibouti 729.63 million BoP, current US$ compare
- 160 Saint Lucia 671.73 million BoP, current US$ compare
- 161 Antigua and Barbuda 614.46 million BoP, current US$ compare
- 162 Eswatini 541.63 million 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 imports in Barbados?
- Service imports in Barbados was 686.96 million BoP, current US$ in 2017, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest service imports recorded in Barbados?
- The highest recorded value was 745.25 million BoP, current US$ in 2013.
- What is the lowest service imports recorded in Barbados?
- The lowest recorded value was 19.49 million BoP, current US$ in 1967.
- How does Barbados rank for service imports?
- Barbados ranks 159th out of 198 countries with data for 2017.
- Is service imports rising or falling in Barbados?
- Over the last ten years it is up 19.6%. 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 imports (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Imports of services are services provided by non-residents to 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.