Transport services in Barbados
Barbados: Transport services was 3.3% in 2017. ◆ Volatile
Transport services in Barbados, 1967–2017
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of service exports, BoP.
Analysis
In 2017, transport services in Barbados stood at 3.3%.
The figure is down 27.6% on the previous year and up 31.6% over ten years.
Over the whole period, transport services in Barbados peaked at 11.3% in 1967 and was at its lowest, 1.1%, in 1989.
Barbados ranks 179th 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.
Transport services in Barbados, year by year
| Year | % of service exports, BoP | Change |
|---|---|---|
| 1967 | 11.3% | — |
| 1968 | 8.7% | -22.8% |
| 1969 | 6.6% | -24.2% |
| 1970 | 4.9% | -25.2% |
| 1971 | 5.8% | +16.8% |
| 1972 | 4.6% | -20.4% |
| 1973 | 4.0% | -12.7% |
| 1974 | 5.3% | +32.6% |
| 1975 | 8.5% | +60.3% |
| 1976 | 7.5% | -11.9% |
| 1977 | 6.2% | -17.3% |
| 1978 | 7.8% | +25.9% |
| 1979 | 7.7% | -1.5% |
| 1980 | 7.5% | -3.2% |
| 1981 | 5.7% | -24.3% |
| 1982 | 6.5% | +15.5% |
| 1983 | 5.7% | -12.5% |
| 1984 | 5.5% | -3.7% |
| 1985 | 4.7% | -13.9% |
| 1986 | 4.1% | -13.3% |
| 1987 | 1.3% | -68.2% |
| 1988 | 1.5% | +14.2% |
| 1989 | 1.1% | -23.5% |
| 1990 | 1.2% | +9.5% |
| 1991 | 1.6% | +31.9% |
| 1992 | 1.9% | +15.2% |
| 1993 | 1.7% | -8.0% |
| 1994 | 2.2% | +23.6% |
| 1995 | 2.4% | +12.2% |
| 1996 | 2.1% | -11.6% |
| 1997 | 2.6% | +23.2% |
| 1998 | 2.6% | -2.8% |
| 1999 | 2.7% | +4.1% |
| 2000 | 2.6% | -3.1% |
| 2001 | 2.6% | -1.2% |
| 2002 | 2.4% | -5.8% |
| 2003 | 2.4% | +0.6% |
| 2004 | 2.6% | +9.1% |
| 2005 | 2.1% | -22.2% |
| 2006 | 2.2% | +8.8% |
| 2007 | 2.5% | +13.5% |
| 2008 | 1.7% | -34.4% |
| 2009 | 2.7% | +64.7% |
| 2010 | 1.8% | -32.4% |
| 2011 | 3.6% | +96.8% |
| 2012 | 3.9% | +6.8% |
| 2013 | 3.9% | +1.3% |
| 2014 | 4.0% | +2.1% |
| 2015 | 4.2% | +4.2% |
| 2016 | 4.6% | +9.8% |
| 2017 | 3.3% | -27.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 8.9% | 6.6% | 11.3% | 3 |
| 1970s | 6.2% | 4.0% | 8.5% | 10 |
| 1980s | 4.4% | 1.1% | 7.5% | 10 |
| 1990s | 2.1% | 1.2% | 2.7% | 10 |
| 2000s | 2.4% | 1.7% | 2.7% | 10 |
| 2010s | 3.7% | 1.8% | 4.6% | 8 |
Countries ranked near Barbados
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)
- Total reserves minus gold (current US$), annual growth rate 2.97 % change on previous year (2024)
- Total reserves minus gold (current US$), per unit of GDP 0.2177 current US$ per US$ of GDP (2024)
- Total reserves minus gold (current US$), per capita 5,854 current US$ per person (2024)
- Agriculture, forestry, and fishing, value added (current LCU), annual -1.03 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (current LCU), per 0.0311 current LCU per US$ of GDP (2024)
- Agriculture, forestry, and fishing, value added (current LCU), per 836.37 current LCU per person (2024)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) -4.25 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 0.0122 constant 2015 US$ per US$ of GDP (2024)
Frequently asked questions
- What is transport services in Barbados?
- Transport services in Barbados was 3.3% in 2017, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest transport services recorded in Barbados?
- The highest recorded value was 11.3% in 1967.
- What is the lowest transport services recorded in Barbados?
- The lowest recorded value was 1.1% in 1989.
- How does Barbados rank for transport services?
- Barbados ranks 179th out of 198 countries with data for 2017.
- Is transport services rising or falling in Barbados?
- Over the last ten years it is up 31.6%. 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 Transport services (% of service exports, BoP). Statizoid updates them automatically from the source API.
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About this data
Transport services covers the process of carriage of people and objects from one location to another as well as related supporting and auxiliary services. Also included are postal and courier services. This indicator is expressed as a percentage of service exports which are services provided by residents to non-residents.