Merchandise exports to high-income economies in Barbados
Barbados: Merchandise exports to high-income economies was 69.4% in 2023. ▼ Falling
Merchandise exports to high-income economies in Barbados, 1961–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.
Analysis
Barbados recorded 69.4% for merchandise exports to high-income economies in 2023.
That represents a change of up 2.5% on the previous year and down 3.5% over ten years.
Over the whole period, merchandise exports to high-income economies in Barbados peaked at 100.0% in 1962 and was at its lowest, 39.1%, in 2000.
That places Barbados 89th out of 206 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently falling across the 62 years of available data.
Merchandise exports to high-income economies in Barbados, year by year
| Year | % of total merchandise exports | Change |
|---|---|---|
| 1961 | 82.7% | — |
| 1962 | 100.0% | +20.9% |
| 1963 | 100.0% | +0.0% |
| 1964 | 99.6% | -0.4% |
| 1965 | 99.6% | -0.0% |
| 1966 | 97.9% | -1.7% |
| 1967 | 99.5% | +1.6% |
| 1968 | 99.6% | +0.1% |
| 1970 | 98.4% | -1.2% |
| 1971 | 95.5% | -2.9% |
| 1972 | 95.0% | -0.6% |
| 1973 | 93.3% | -1.8% |
| 1974 | 85.6% | -8.2% |
| 1975 | 93.7% | +9.5% |
| 1976 | 92.8% | -1.0% |
| 1977 | 95.0% | +2.4% |
| 1978 | 90.3% | -5.0% |
| 1979 | 91.2% | +1.0% |
| 1980 | 93.7% | +2.8% |
| 1981 | 83.6% | -10.8% |
| 1982 | 91.6% | +9.6% |
| 1983 | 93.0% | +1.6% |
| 1984 | 97.2% | +4.5% |
| 1985 | 96.7% | -0.5% |
| 1986 | 94.7% | -2.1% |
| 1987 | 83.0% | -12.3% |
| 1988 | 81.6% | -1.6% |
| 1989 | 76.3% | -6.6% |
| 1990 | 77.9% | +2.1% |
| 1991 | 74.3% | -4.7% |
| 1992 | 79.4% | +6.9% |
| 1993 | 74.0% | -6.8% |
| 1994 | 74.0% | +0.1% |
| 1995 | 72.0% | -2.7% |
| 1996 | 63.5% | -11.8% |
| 1997 | 66.9% | +5.3% |
| 1998 | 69.1% | +3.4% |
| 1999 | 69.9% | +1.1% |
| 2000 | 39.1% | -44.0% |
| 2001 | 67.6% | +72.7% |
| 2002 | 69.7% | +3.2% |
| 2003 | 69.7% | -0.0% |
| 2004 | 70.8% | +1.6% |
| 2005 | 67.8% | -4.2% |
| 2006 | 73.6% | +8.5% |
| 2007 | 72.0% | -2.2% |
| 2008 | 73.6% | +2.2% |
| 2009 | 70.2% | -4.5% |
| 2010 | 72.3% | +2.9% |
| 2011 | 74.7% | +3.3% |
| 2012 | 79.8% | +6.9% |
| 2013 | 71.9% | -9.9% |
| 2014 | 72.6% | +0.9% |
| 2015 | 76.0% | +4.7% |
| 2016 | 73.5% | -3.2% |
| 2017 | 75.1% | +2.1% |
| 2018 | 72.8% | -3.0% |
| 2019 | 71.0% | -2.5% |
| 2020 | 63.6% | -10.4% |
| 2021 | 68.2% | +7.3% |
| 2022 | 67.7% | -0.8% |
| 2023 | 69.4% | +2.5% |
Barbados compared with similar countries
- Barbados's 69.4% is below the median for high income countries, which is 80.7%, 86% of the median. (74 countries reporting)
- Barbados's 69.4% is above the median for Latin America & Caribbean, which is 66.4%, 1.0× the median. (36 countries reporting)
Biggest year-on-year movements
Years where Merchandise exports to high-income economies in Barbados changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2001 | +72.7% | 39.1% | 67.6% |
| 2000 | -44.0% | 69.9% | 39.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 97.4% | 82.7% | 100.0% | 8 |
| 1970s | 93.1% | 85.6% | 98.4% | 10 |
| 1980s | 89.1% | 76.3% | 97.2% | 10 |
| 1990s | 72.1% | 63.5% | 79.4% | 10 |
| 2000s | 67.4% | 39.1% | 73.6% | 10 |
| 2010s | 74.0% | 71.0% | 79.8% | 10 |
| 2020s | 67.2% | 63.6% | 69.4% | 4 |
Countries ranked near Barbados
- 86 Trinidad and Tobago 71.5% compare
- 87 Ukraine 71.0% compare
- 88 Philippines 70.9% compare
- 90 Papua New Guinea 69.3% compare
- 91 Mauritius 69.0% compare
- 92 Turkey 68.6% 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 to high-income economies in Barbados?
- Merchandise exports to high-income economies in Barbados was 69.4% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise exports to high-income economies recorded in Barbados?
- The highest recorded value was 100.0% in 1962.
- What is the lowest merchandise exports to high-income economies recorded in Barbados?
- The lowest recorded value was 39.1% in 2000.
- How does Barbados rank for merchandise exports to high-income economies?
- Barbados ranks 89th out of 206 countries with data for 2023.
- Is merchandise exports to high-income economies rising or falling in Barbados?
- Over the last ten years it is down 3.5%. The long-run trend across the full record is falling.
- Where does this Barbados data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Merchandise exports to high-income economies (% of total merchandise exports). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 62 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Merchandise exports to high-income economies are the sum of merchandise exports from the reporting economy to high-income economies according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.