Private Sector in Barbados

80 indicators covering private sector for Barbados.

IndicatorLatest Year10-yr change Rank
Merchandise trade 33.1% 2025 down 10.1% 169th
Food imports 22.7% 2024 up 14.9% 40th
Manufactures imports 52.6% 2024 up 0.2% 148th
Merchandise imports 2.23 billion current US$ 2025 up 37.8% 158th
Food exports 43.5% 2024 up 31.0% 46th
Manufactures exports 39.9% 2024 down 25.3% 81st
Merchandise exports 428.00 million current US$ 2025 down 11.4% 171st
Commercial service exports 1.50 billion current US$ 2017 up 5.1% 122nd
Transport services 16.1% 2017 down 46.1% 174th
Computer, communications and other services 69.8% 2017 up 51.1% 10th
Commercial service imports 670.92 million current US$ 2017 up 22.3% 160th
Computer, communications and other services 23.4% 2017 up 96.3% 114th
Travel services 7.6% 2017 down 57.7% 165th
Travel services 72.0% 2017 down 14.0% 33rd
Transport services 3.4% 2017 up 30.8% 179th
Insurance and financial services 6.4% 2017 up 9.8% 93rd
Merchandise imports from economies in the Arab World 0.1% 2023 down 25.0% 186th
Merchandise imports from high-income economies 87.1% 2023 up 7.2% 20th
Merchandise imports from low- and middle-income economies outside regi 5.7% 2023 down 16.5% 168th
Merchandise imports from low- and middle-income economies in East Asia 4.3% 2023 down 27.8% 193rd
Merchandise imports from low- and middle-income economies in Europe & 0.6% 2023 up 354.4% 143rd
Merchandise imports from low- and middle-income economies in Latin Ame 7.2% 2023 down 39.8% 37th
Merchandise imports from low- and middle-income economies in Middle Ea 0.0% 2023 down 27.6% 188th
Merchandise imports from low- and middle-income economies in South Asi 0.5% 2023 up 4.4% 180th
Merchandise imports from low- and middle-income economies in Sub-Sahar 0.2% 2023 up 12.2% 148th
Merchandise imports by the reporting economy, residual 0.0% 2023 down 100.0% 143rd
Merchandise imports by the reporting economy 2.12 billion current US$ 2023 up 20.0% 162nd
Merchandise imports from low- and middle-income economies within regio 7.2% 2023 down 39.8% 134th
Merchandise exports to economies in the Arab World 0.7% 2023 up 159.5% 147th
Merchandise exports to high-income economies 69.4% 2023 down 3.5% 89th
Merchandise exports to low- and middle-income economies outside region 1.0% 2023 down 74.8% 186th
Merchandise exports to low- and middle-income economies in East Asia & 0.8% 2023 down 76.9% 175th
Merchandise exports to low- and middle-income economies in Europe & Ce 0.0% 2023 down 96.5% 183rd
Merchandise exports to low- and middle-income economies in Latin Ameri 29.6% 2023 up 22.7% 10th
Merchandise exports to low- and middle-income economies in Middle East 0.0% 2023 up 745.2% 159th
Merchandise exports to low- and middle-income economies in South Asia 0.1% 2023 up 37.3% 172nd
Merchandise exports to low- and middle-income economies in Sub-Saharan 0.0% 2023 down 61.7% 185th
Merchandise exports by the reporting economy, residual 0.0% 2023 down 98.5% 88th
Merchandise exports by the reporting economy 320.52 million current US$ 2023 down 3.9% 171st
Merchandise exports to low- and middle-income economies within region 29.6% 2023 up 22.7% 54th
Insurance and financial services 1.3% 2017 down 32.8% 135th
Export unit value index 122 2015 = 100 2024 up 5.3% 147th
Import unit value index 127.4 2015 = 100 2024 up 7.3% 102nd
Import value index 132.5 2015 = 100 2024 up 22.2% 139th
Export value index 95.4 2015 = 100 2024 down 3.2% 177th
Import volume index 104 2015 = 100 2024 up 13.9% 136th
Export volume index 78.2 2015 = 100 2024 down 8.1% 170th
Net barter terms of trade index 95.7 2015 = 100 2024 down 2.0% 139th
Tariff rate, most favored nation, weighted mean, manufactured products 13.2% 2022 down 6.4% 22nd
Tariff rate, most favored nation, weighted mean, all products 18.4% 2022 up 111.3% 7th
Tariff rate, most favored nation, weighted mean, primary products 28.6% 2022 up 263.4% 5th
Tariff rate, applied, simple mean, manufactured products 10.5% 2022 down 3.5% 49th
Tariff rate, applied, weighted mean, manufactured products 11.7% 2022 down 15.6% 23rd
Tariff rate, applied, simple mean, all products 11.9% 2022 down 1.4% 44th
Tariff rate, applied, weighted mean, all products 14.6% 2022 up 73.2% 12th
Tariff rate, applied, simple mean, primary products 20.2% 2022 up 16.0% 20th
Tariff rate, applied, weighted mean, primary products 20.2% 2022 up 165.7% 9th
Tariff rate, most favored nation, simple mean, manufactured products 10.4% 2022 up 11.2% 62nd
Tariff rate, most favored nation, simple mean, all products 13.9% 2022 up 26.4% 28th
Tariff rate, most favored nation, simple mean, primary products 23.6% 2022 up 48.1% 12th