Merchandise exports by the reporting economy (current US$), per unit in Barbados
Barbados: Merchandise exports by the reporting economy (current US$), per unit was 0.0444 current US$ per US$ of GDP in 2023. ◆ Volatile
Merchandise exports by the reporting economy (current US$), per unit in Barbados, 1961–2023
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
Barbados recorded 0.0444 current US$ per US$ of GDP for merchandise exports by the reporting economy (current us$), per unit in 2023. That is the lowest value across all 62 years on record.
The figure is down 3.0% on the previous year and down 24.7% over ten years.
Over the whole period, merchandise exports by the reporting economy (current us$), per unit in Barbados peaked at 0.2893 current US$ per US$ of GDP in 1963 and was at its lowest, 0.0444 current US$ per US$ of GDP, in 2023.
That places Barbados 175th out of 202 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise exports by the reporting economy (current US$), per unit in Barbados, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1961 | 0.2847 current US$ per US$ of GDP | — |
| 1962 | 0.2219 current US$ per US$ of GDP | -22.1% |
| 1963 | 0.2893 current US$ per US$ of GDP | +30.4% |
| 1964 | 0.2539 current US$ per US$ of GDP | -12.2% |
| 1965 | 0.2361 current US$ per US$ of GDP | -7.0% |
| 1966 | 0.2535 current US$ per US$ of GDP | +7.4% |
| 1967 | 0.2296 current US$ per US$ of GDP | -9.4% |
| 1968 | 0.2004 current US$ per US$ of GDP | -12.7% |
| 1970 | 0.197 current US$ per US$ of GDP | -1.7% |
| 1971 | 0.1562 current US$ per US$ of GDP | -20.7% |
| 1972 | 0.1431 current US$ per US$ of GDP | -8.4% |
| 1973 | 0.1549 current US$ per US$ of GDP | +8.2% |
| 1974 | 0.1827 current US$ per US$ of GDP | +18.0% |
| 1975 | 0.2086 current US$ per US$ of GDP | +14.2% |
| 1976 | 0.151 current US$ per US$ of GDP | -27.6% |
| 1977 | 0.1451 current US$ per US$ of GDP | -3.9% |
| 1978 | 0.1641 current US$ per US$ of GDP | +13.1% |
| 1979 | 0.181 current US$ per US$ of GDP | +10.3% |
| 1980 | 0.1621 current US$ per US$ of GDP | -10.4% |
| 1981 | 0.1484 current US$ per US$ of GDP | -8.5% |
| 1982 | 0.1623 current US$ per US$ of GDP | +9.4% |
| 1983 | 0.205 current US$ per US$ of GDP | +26.3% |
| 1984 | 0.232 current US$ per US$ of GDP | +13.2% |
| 1985 | 0.1974 current US$ per US$ of GDP | -14.9% |
| 1986 | 0.1377 current US$ per US$ of GDP | -30.3% |
| 1987 | 0.0661 current US$ per US$ of GDP | -52.0% |
| 1988 | 0.0701 current US$ per US$ of GDP | +6.1% |
| 1989 | 0.0696 current US$ per US$ of GDP | -0.8% |
| 1990 | 0.063 current US$ per US$ of GDP | -9.6% |
| 1991 | 0.0699 current US$ per US$ of GDP | +11.0% |
| 1992 | 0.0728 current US$ per US$ of GDP | +4.1% |
| 1993 | 0.0639 current US$ per US$ of GDP | -12.1% |
| 1994 | 0.0674 current US$ per US$ of GDP | +5.4% |
| 1995 | 0.0899 current US$ per US$ of GDP | +33.4% |
| 1996 | 0.101 current US$ per US$ of GDP | +12.4% |
| 1997 | 0.0938 current US$ per US$ of GDP | -7.1% |
| 1998 | 0.0758 current US$ per US$ of GDP | -19.2% |
| 1999 | 0.0757 current US$ per US$ of GDP | -0.1% |
| 2000 | 0.0732 current US$ per US$ of GDP | -3.2% |
| 2001 | 0.0686 current US$ per US$ of GDP | -6.3% |
| 2002 | 0.0629 current US$ per US$ of GDP | -8.3% |
| 2003 | 0.059 current US$ per US$ of GDP | -6.3% |
| 2004 | 0.0592 current US$ per US$ of GDP | +0.4% |
| 2005 | 0.0661 current US$ per US$ of GDP | +11.7% |
| 2006 | 0.0755 current US$ per US$ of GDP | +14.2% |
| 2007 | 0.0634 current US$ per US$ of GDP | -16.0% |
| 2008 | 0.0715 current US$ per US$ of GDP | +12.7% |
| 2009 | 0.068 current US$ per US$ of GDP | -4.9% |
| 2010 | 0.0553 current US$ per US$ of GDP | -18.7% |
| 2011 | 0.0668 current US$ per US$ of GDP | +20.7% |
| 2012 | 0.0773 current US$ per US$ of GDP | +15.7% |
| 2013 | 0.0589 current US$ per US$ of GDP | -23.7% |
| 2014 | 0.0629 current US$ per US$ of GDP | +6.7% |
| 2015 | 0.0703 current US$ per US$ of GDP | +11.7% |
| 2016 | 0.0779 current US$ per US$ of GDP | +10.8% |
| 2017 | 0.065 current US$ per US$ of GDP | -16.6% |
| 2018 | 0.0565 current US$ per US$ of GDP | -13.0% |
| 2019 | 0.053 current US$ per US$ of GDP | -6.3% |
| 2020 | 0.0476 current US$ per US$ of GDP | -10.2% |
| 2021 | 0.0455 current US$ per US$ of GDP | -4.5% |
| 2022 | 0.0457 current US$ per US$ of GDP | +0.6% |
| 2023 | 0.0444 current US$ per US$ of GDP | -3.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.2462 current US$ per US$ of GDP | 0.2004 current US$ per US$ of GDP | 0.2893 current US$ per US$ of GDP | 8 |
| 1970s | 0.1684 current US$ per US$ of GDP | 0.1431 current US$ per US$ of GDP | 0.2086 current US$ per US$ of GDP | 10 |
| 1980s | 0.1451 current US$ per US$ of GDP | 0.0661 current US$ per US$ of GDP | 0.232 current US$ per US$ of GDP | 10 |
| 1990s | 0.0773 current US$ per US$ of GDP | 0.063 current US$ per US$ of GDP | 0.101 current US$ per US$ of GDP | 10 |
| 2000s | 0.0668 current US$ per US$ of GDP | 0.059 current US$ per US$ of GDP | 0.0755 current US$ per US$ of GDP | 10 |
| 2010s | 0.0644 current US$ per US$ of GDP | 0.053 current US$ per US$ of GDP | 0.0779 current US$ per US$ of GDP | 10 |
| 2020s | 0.0458 current US$ per US$ of GDP | 0.0444 current US$ per US$ of GDP | 0.0476 current US$ per US$ of GDP | 4 |
Countries ranked near Barbados
- 172 Saint Vincent and the Grenadines 0.0486 current US$ per US$ of GDP compare
- 173 Burundi 0.0459 current US$ per US$ of GDP compare
- 174 Central African Republic 0.0454 current US$ per US$ of GDP compare
- 176 Panama 0.0393 current US$ per US$ of GDP compare
- 177 Kuwait 0.0358 current US$ per US$ of GDP compare
- 178 Liberia 0.035 current US$ per US$ of GDP compare
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$), annual growth rate -7.16 % change on previous year (2025)
Frequently asked questions
- What is merchandise exports by the reporting economy (current us$), per unit in Barbados?
- Merchandise exports by the reporting economy (current us$), per unit in Barbados was 0.0444 current US$ per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest merchandise exports by the reporting economy (current us$), per unit recorded in Barbados?
- The highest recorded value was 0.2893 current US$ per US$ of GDP in 1963.
- What is the lowest merchandise exports by the reporting economy (current us$), per unit recorded in Barbados?
- The lowest recorded value was 0.0444 current US$ per US$ of GDP in 2023.
- How does Barbados rank for merchandise exports by the reporting economy (current us$), per unit?
- Barbados ranks 175th out of 202 countries with data for 2023.
- Is merchandise exports by the reporting economy (current us$), per unit rising or falling in Barbados?
- Over the last ten years it is down 24.7%. The long-run trend across the full record is volatile.
- Where does this Barbados data come from?
- The figures come from Statizoid (derived), published as part of Merchandise exports by the reporting economy (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Merchandise exports by the reporting economy (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Merchandise exports by the reporting economy (current US$) ÷ GDP (current US$)
Computed from
- Merchandise exports by the reporting economy Staff estimates, World Bank (WB)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Merchandise exports by the reporting economy (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.