Net trade in goods and services in Barbados
Barbados: Net trade in goods and services was 15.07 million BoP, current US$ in 2017. ◆ Volatile
Net trade in goods and services in Barbados, 1967–2017
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for net trade in goods and services in Barbados is 15.07 million BoP, current US$, measured in 2017.
Compared with earlier readings it is down 91.2% on the previous year and up 118.3% over ten years.
Over the whole period, net trade in goods and services in Barbados peaked at 199.45 million BoP, current US$ in 1996 and was at its lowest, -286.54 million BoP, current US$, in 2004.
That places Barbados 80th out of 199 countries with data for 2017, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | -32.77 million BoP, current US$ | -45.13 million BoP, current US$ | -23.36 million BoP, current US$ | 3 |
| 1970s | -57.36 million BoP, current US$ | -73.74 million BoP, current US$ | -43.41 million BoP, current US$ | 10 |
| 1980s | -21.06 million BoP, current US$ | -156.91 million BoP, current US$ | 81.87 million BoP, current US$ | 10 |
| 1990s | 60.19 million BoP, current US$ | -89.38 million BoP, current US$ | 199.45 million BoP, current US$ | 10 |
| 2000s | -125.40 million BoP, current US$ | -286.54 million BoP, current US$ | -53.11 million BoP, current US$ | 10 |
| 2010s | -6.57 million BoP, current US$ | -122.69 million BoP, current US$ | 171.90 million BoP, current US$ | 8 |
Countries ranked near Barbados
- 77 Saint Lucia 43.19 million BoP, current US$ compare
- 78 Cote d'Ivoire 36.67 million BoP, current US$ compare
- 79 Sint Maarten (Dutch part) 15.33 million BoP, current US$ compare
- 81 Eswatini -52.85 million BoP, current US$ compare
- 82 Tuvalu -57.04 million BoP, current US$ compare
- 83 Central African Republic -65.38 million BoP, current US$ compare
More economy & growth data for Barbados
- Manufacturing, value added 376.05 million current US$ (2024)
- Agriculture, forestry, and fishing, value added 92.53 million constant 2015 US$ (2024)
- Agriculture, forestry, and fishing, value added -4.2% (2024)
- Agriculture, forestry, and fishing, value added 228.57 million constant LCU (2024)
- GDP 15.34 billion constant LCU (2025)
- GDP growth 2.7% (2025)
- Manufacturing, value added 321.87 million constant 2015 US$ (2024)
- Manufacturing, value added 4.9% (2024)
- Manufacturing, value added 747.19 million constant LCU (2024)
- Agriculture, forestry, and fishing, value added 236.25 million current LCU (2024)
Frequently asked questions
- What is net trade in goods and services in Barbados?
- Net trade in goods and services in Barbados was 15.07 million BoP, current US$ in 2017, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net trade in goods and services recorded in Barbados?
- The highest recorded value was 199.45 million BoP, current US$ in 1996.
- What is the lowest net trade in goods and services recorded in Barbados?
- The lowest recorded value was -286.54 million BoP, current US$ in 2004.
- How does Barbados rank for net trade in goods and services?
- Barbados ranks 80th out of 199 countries with data for 2017.
- Is net trade in goods and services rising or falling in Barbados?
- Over the last ten years it is up 118.3%. 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 Net trade in goods and services (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. 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.