Economy & Growth in Barbados
869 indicators covering economy & growth for Barbados.
| Indicator | Latest | Year | 10-yr change | Rank |
|---|---|---|---|---|
| Service imports | 686.96 million BoP, current US$ | 2017 | up 19.6% | 161st |
| Service exports (BoP, current US$), per unit of GDP | 0.2604 BoP, current US$ per US$ of GDP | 2017 | down 16.5% | 39th |
| Exports of goods and services (BoP, current US$), per capita | 7,952 BoP, current US$ per person | 2017 | down 0.6% | 68th |
| Goods imports (BoP, current US$), per capita | 5,446 BoP, current US$ per person | 2017 | down 12.0% | 71st |
| Goods imports | 1.53 billion BoP, current US$ | 2017 | down 9.1% | 163rd |
| Exports of goods and services | 2.23 billion BoP, current US$ | 2017 | up 2.6% | 154th |
| Transport services | 15.7% | 2017 | down 44.9% | 175th |
| Reserves and related items | -249.49 million BoP, current US$ | 2017 | down 221.9% | 157th |
| Imports of goods, services and primary income (BoP, current US$), per | 0.4342 BoP, current US$ per US$ of GDP | 2017 | down 24.9% | 123rd |
| Imports of goods and services (BoP, current US$), per unit of GDP | 0.3784 BoP, current US$ per US$ of GDP | 2017 | down 21.5% | 120th |
| Communications, computer, etc. | 18.6% | 2017 | up 75.4% | 123rd |
| Service imports (BoP, current US$), per unit of GDP | 0.1175 BoP, current US$ per US$ of GDP | 2017 | down 4.4% | 88th |
| Manufacturing value added to gdp, annual growth rate | -3.92 % change on previous year | 2024 | up 20.4% | 138th |
| Exports of goods and services (BoP, current US$), per unit of GDP | 0.381 BoP, current US$ per US$ of GDP | 2017 | down 17.9% | 100th |
| Goods imports (BoP, current US$), per unit of GDP | 0.261 BoP, current US$ per US$ of GDP | 2017 | down 27.3% | 127th |
| Goods exports (BoP, current US$), per capita | 2,517 BoP, current US$ per person | 2017 | down 4.3% | 81st |
| Goods exports | 705.06 million BoP, current US$ | 2017 | down 1.2% | 159th |
| Communications, computer, etc. | 70.5% | 2017 | up 56.9% | 8th |
| Services, value added (constant LCU), annual growth rate | 3.44 % change on previous year | 2024 | up 150.4% | 97th |
| Personal remittances, received (current US$), annual growth rate | -45.92 % change on previous year | 2017 | down 178.2% | 190th |
| Exports of goods, services and primary income (BoP, current US$), per | 8,213 BoP, current US$ per person | 2017 | down 5.8% | 72nd |
| Exports of goods, services and primary income | 2.30 billion BoP, current US$ | 2017 | down 2.7% | 157th |
| Goods exports (BoP, current US$), per unit of GDP | 0.1206 BoP, current US$ per US$ of GDP | 2017 | down 21.0% | 147th |
| Share of service in total exports | 705.06 million BoP, current US$ | 2017 | down 1.2% | 157th |
| Portfolio equity, net inflows (BoP, current US$), gaps filled | 2.58 million BoP, current US$ | 2017 | down 95.1% | 78th |
| Manufacturing, value added | 0.4% | 2024 | up 109.2% | 139th |
| Exports of goods, services and primary income (BoP, current US$), per | 0.3935 BoP, current US$ per US$ of GDP | 2017 | down 22.2% | 110th |
| Manufacturing, value added (current LCU), annual growth rate | 1.06 % change on previous year | 2024 | up 123.4% | 161st |
| Share of services in total exports | 68.3% | 2017 | up 1.8% | 34th |
| Travel services | 7.4% | 2017 | down 56.7% | 166th |
| Net financial account | -432.60 million BoP, current US$ | 2017 | up 4.4% | 110th |
| Travel services | 70.7% | 2017 | down 13.4% | 32nd |
| Manufacturing, value added (constant LCU), annual growth rate | 0.3981 % change on previous year | 2024 | up 109.2% | 138th |
| Net trade in goods and services | 15.07 million BoP, current US$ | 2017 | up 118.3% | 80th |
| Net errors and omissions | -132.48 million BoP, current US$ | 2017 | down 30.8% | 127th |
| Current account balance | -296.40 million BoP, current US$ | 2017 | up 14.7% | 103rd |
| Net trade in goods | -820.85 million BoP, current US$ | 2017 | up 15.0% | 104th |
| Net primary income | -253.07 million BoP, current US$ | 2017 | up 0.4% | 89th |
| Transport services | 3.3% | 2017 | up 31.6% | 179th |
| Gross Domestic Product, GDP in millions constant 2021 international $ | 6,037 | 2027 | up 15.0% | 176th |
| Net secondary income (Net current transfers from abroad) (current) | -45.02 % change on previous year | 2025 | down 139.6% | 185th |
| Manufacturing, value added (current US$), annual growth rate | 1.06 % change on previous year | 2024 | up 123.5% | 160th |
| Imports of goods, services and primary income (BoP, current US$) | -17.5 % change on previous year | 2017 | down 536.9% | 195th |
| Service exports (BoP, current US$), annual growth rate | 6.24 % change on previous year | 2017 | up 8.6% | 127th |
| Net secondary income | -58.40 million BoP, current US$ | 2017 | down 444.3% | 145th |
| Net secondary income (Net current transfers from abroad) (current) | -45.02 % change on previous year | 2025 | down 139.6% | 183rd |
| Tax revenue vs. Electoral Democracy Index | 0.797 | 2025 | up 2.7% | 29th |
| Imports of goods and services (BoP, current US$), annual growth rate | -1.13 % change on previous year | 2017 | down 116.6% | 162nd |
| Taxes less subsidies on products (constant LCU), per capita | 5,656 constant LCU per person | 2025 | up 6.6% | 85th |
| Taxes less subsidies on products | 1.60 billion constant LCU | 2025 | up 8.0% | 147th |
| Service imports (BoP, current US$), annual growth rate | -0.7262 % change on previous year | 2017 | down 108.6% | 161st |
| Exports of goods and services (BoP, current US$), annual growth rate | -7.56 % change on previous year | 2017 | down 224.0% | 185th |
| Goods imports (BoP, current US$), annual growth rate | -1.31 % change on previous year | 2017 | down 120.9% | 165th |
| Personal remittances, paid (current US$), annual growth rate | -5.54 % change on previous year | 2017 | down 110.2% | 156th |
| Primary income payments | 326.20 million BoP, current US$ | 2017 | down 27.3% | 154th |
| Current account balance | -5.1% | 2017 | up 31.8% | 146th |
| Portfolio equity, net inflows | 2.58 million BoP, current US$ | 2017 | down 95.1% | 78th |
| Taxes less subsidies on products (constant LCU), per unit of GDP | 0.1994 constant LCU per US$ of GDP | 2025 | down 23.2% | 115th |
| Primary income payments (BoP, current US$), per capita | 1,164 BoP, current US$ per person | 2017 | down 29.6% | 68th |
| Insurance and financial services | 6.3% | 2017 | up 12.2% | 96th |