Commercial service exports in Barbados
Barbados: Commercial service exports was 1.50 billion current US$ in 2017. ◆ Volatile
Commercial service exports in Barbados, 1967–2017
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current US$.
Analysis
The most recent figure for commercial service exports in Barbados is 1.50 billion current US$, measured in 2017. That is the highest value across all 51 years on record.
Compared with earlier readings it is up 6.5% on the previous year and up 5.1% over ten years.
Over the whole period, commercial service exports in Barbados peaked at 1.50 billion current US$ in 2017 and was at its lowest, 28.83 million current US$, in 1967.
That places Barbados 124th out of 200 countries with data for 2017, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Commercial service exports in Barbados, year by year
| Year | current US$ | Change |
|---|---|---|
| 1967 | 28.83 million current US$ | — |
| 1968 | 35.67 million current US$ | +23.7% |
| 1969 | 38.45 million current US$ | +7.8% |
| 1970 | 50.94 million current US$ | +32.5% |
| 1971 | 64.60 million current US$ | +26.8% |
| 1972 | 75.73 million current US$ | +17.2% |
| 1973 | 85.04 million current US$ | +12.3% |
| 1974 | 89.15 million current US$ | +4.8% |
| 1975 | 94.45 million current US$ | +5.9% |
| 1976 | 107.90 million current US$ | +14.2% |
| 1977 | 139.52 million current US$ | +29.3% |
| 1978 | 176.53 million current US$ | +26.5% |
| 1979 | 263.42 million current US$ | +49.2% |
| 1980 | 322.81 million current US$ | +22.5% |
| 1981 | 325.75 million current US$ | +0.9% |
| 1982 | 335.77 million current US$ | +3.1% |
| 1983 | 331.40 million current US$ | -1.3% |
| 1984 | 366.36 million current US$ | +10.5% |
| 1985 | 400.39 million current US$ | +9.3% |
| 1986 | 445.73 million current US$ | +11.3% |
| 1987 | 493.74 million current US$ | +10.8% |
| 1988 | 585.03 million current US$ | +18.5% |
| 1989 | 669.89 million current US$ | +14.5% |
| 1990 | 617.92 million current US$ | -7.8% |
| 1991 | 599.19 million current US$ | -3.0% |
| 1992 | 596.17 million current US$ | -0.5% |
| 1993 | 668.99 million current US$ | +12.2% |
| 1994 | 778.88 million current US$ | +16.4% |
| 1995 | 787.84 million current US$ | +1.1% |
| 1996 | 949.29 million current US$ | +20.5% |
| 1997 | 879.30 million current US$ | -7.4% |
| 1998 | 929.05 million current US$ | +5.7% |
| 1999 | 970.56 million current US$ | +4.5% |
| 2000 | 1.06 billion current US$ | +9.7% |
| 2001 | 990.86 million current US$ | -6.9% |
| 2002 | 1.00 billion current US$ | +1.4% |
| 2003 | 1.09 billion current US$ | +8.9% |
| 2004 | 1.07 billion current US$ | -2.4% |
| 2005 | 1.23 billion current US$ | +14.9% |
| 2006 | 1.35 billion current US$ | +10.3% |
| 2007 | 1.42 billion current US$ | +5.2% |
| 2008 | 1.49 billion current US$ | +4.5% |
| 2009 | 1.38 billion current US$ | -7.5% |
| 2010 | 1.29 billion current US$ | -5.9% |
| 2011 | 1.26 billion current US$ | -2.5% |
| 2012 | 1.21 billion current US$ | -4.0% |
| 2013 | 1.41 billion current US$ | +16.3% |
| 2014 | 1.34 billion current US$ | -4.7% |
| 2015 | 1.39 billion current US$ | +3.2% |
| 2016 | 1.41 billion current US$ | +1.4% |
| 2017 | 1.50 billion current US$ | +6.5% |
Barbados compared with similar countries
- Barbados's 1.50 billion current US$ is below the median for high income countries, which is 24.20 billion current US$, 6% of the median. (72 countries reporting)
- Barbados's 1.50 billion current US$ is below the median for Latin America & Caribbean, which is 2.96 billion current US$, 51% of the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 34.32 million current US$ | 28.83 million current US$ | 38.45 million current US$ | 3 |
| 1970s | 114.73 million current US$ | 50.94 million current US$ | 263.42 million current US$ | 10 |
| 1980s | 427.69 million current US$ | 322.81 million current US$ | 669.89 million current US$ | 10 |
| 1990s | 777.72 million current US$ | 596.17 million current US$ | 970.56 million current US$ | 10 |
| 2000s | 1.21 billion current US$ | 990.86 million current US$ | 1.49 billion current US$ | 10 |
| 2010s | 1.35 billion current US$ | 1.21 billion current US$ | 1.50 billion current US$ | 8 |
Countries ranked near Barbados
More private sector data for Barbados
- Merchandise trade 33.1% (2025)
- Food imports 22.7% (2024)
- Manufactures imports 52.6% (2024)
- Merchandise imports 2.23 billion current US$ (2025)
- Food exports 43.5% (2024)
- Manufactures exports 39.9% (2024)
- Merchandise exports 428.00 million current US$ (2025)
- Merchandise exports (current US$), per capita 1,514 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.0534 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate -7.16 % change on previous year (2025)
Frequently asked questions
- What is commercial service exports in Barbados?
- Commercial service exports in Barbados was 1.50 billion current US$ in 2017, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest commercial service exports recorded in Barbados?
- The highest recorded value was 1.50 billion current US$ in 2017.
- What is the lowest commercial service exports recorded in Barbados?
- The lowest recorded value was 28.83 million current US$ in 1967.
- How does Barbados rank for commercial service exports?
- Barbados ranks 124th out of 200 countries with data for 2017.
- Is commercial service exports rising or falling in Barbados?
- Over the last ten years it is up 5.1%. 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 Commercial service exports (current US$). Statizoid updates them automatically from the source API.
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About this data
Commercial service exports are total service exports minus exports of government services not included elsewhere. 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.