Service exports in Barbados

Barbados: Service exports was 1.52 billion BoP, current US$ in 2017. ◆ Volatile

Latest (2017)
1.52 billion BoP, current US$
Change on year
up 6.2%
World rank
123rd
of 199 countries
All-time high
1.52 billion BoP, current US$
in 2017
All-time low
29.51 million BoP, current US$
in 1967
Years of data
51
1967–2017

Service exports in Barbados, 1967–2017

0500.0M1.0B1.5B196719922017

Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.

Analysis

The most recent figure for service exports in Barbados is 1.52 billion BoP, current US$, measured in 2017. That is the highest value across all 51 years on record.

That represents a change of up 6.2% on the previous year and up 4.5% over ten years.

Over the whole period, service exports in Barbados peaked at 1.52 billion BoP, current US$ in 2017 and was at its lowest, 29.51 million BoP, current US$, in 1967.

That places Barbados 123rd 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

DecadeAverage LowestHighest Years
1960s 35.21 million BoP, current US$ 29.51 million BoP, current US$ 39.64 million BoP, current US$ 3
1970s 118.52 million BoP, current US$ 52.68 million BoP, current US$ 270.77 million BoP, current US$ 10
1980s 438.47 million BoP, current US$ 330.01 million BoP, current US$ 682.29 million BoP, current US$ 10
1990s 794.41 million BoP, current US$ 613.74 million BoP, current US$ 990.11 million BoP, current US$ 10
2000s 1.24 billion BoP, current US$ 1.01 billion BoP, current US$ 1.52 billion BoP, current US$ 10
2010s 1.39 billion BoP, current US$ 1.26 billion BoP, current US$ 1.52 billion BoP, current US$ 8

Countries ranked near Barbados

  1. 120 Sudan 1.55 billion BoP, current US$ compare
  2. 121 Curacao 1.55 billion BoP, current US$ compare
  3. 122 Madagascar 1.53 billion BoP, current US$ compare
  4. 124 Senegal 1.48 billion BoP, current US$ compare
  5. 125 Saint Lucia 1.40 billion BoP, current US$ compare
  6. 126 Iran 1.38 billion BoP, current US$ compare

See the full ranking of 244 places →

More economy & growth data for Barbados

All data for Barbados →

Frequently asked questions

What is service exports in Barbados?
Service exports in Barbados was 1.52 billion BoP, current US$ in 2017, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
What is the highest service exports recorded in Barbados?
The highest recorded value was 1.52 billion BoP, current US$ in 2017.
What is the lowest service exports recorded in Barbados?
The lowest recorded value was 29.51 million BoP, current US$ in 1967.
How does Barbados rank for service exports?
Barbados ranks 123rd out of 199 countries with data for 2017.
Is service exports rising or falling in Barbados?
Over the last ten years it is up 4.5%. 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 exports (BoP, current US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Service exports (BoP, current US$)
Unit
BoP, current US$
Source
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
244 places, 9,729 data points, 1960–2025
Last refreshed

Exports of services are services provided by residents to non-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.