Merchandise exports to low- and middle-income economies in Latin in Barbados
Barbados: Merchandise exports to low- and middle-income economies in Latin was 29.6% in 2023. ◆ Volatile
Merchandise exports to low- and middle-income economies in Latin in Barbados, 1964–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.
Analysis
The most recent figure for merchandise exports to low- and middle-income economies in latin in Barbados is 29.6%, measured in 2023.
That represents a change of down 6.6% on the previous year and up 22.7% over ten years.
Over the whole period, merchandise exports to low- and middle-income economies in latin in Barbados peaked at 34.4% in 2020 and was at its lowest, 0.4%, in 1967.
Barbados ranks 10th of 203 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise exports to low- and middle-income economies in Latin in Barbados, year by year
| Year | % of total merchandise exports | Change |
|---|---|---|
| 1964 | 0.4% | — |
| 1965 | 0.4% | +1.6% |
| 1966 | 2.1% | +418.5% |
| 1967 | 0.4% | -81.7% |
| 1968 | 0.4% | +4.0% |
| 1970 | 1.5% | +270.1% |
| 1971 | 2.8% | +92.9% |
| 1972 | 4.7% | +66.2% |
| 1973 | 6.5% | +38.8% |
| 1974 | 7.4% | +13.0% |
| 1975 | 6.0% | -19.3% |
| 1976 | 6.6% | +11.1% |
| 1977 | 4.5% | -32.0% |
| 1978 | 5.5% | +22.9% |
| 1979 | 3.6% | -35.9% |
| 1980 | 5.5% | +54.2% |
| 1981 | 16.2% | +195.7% |
| 1982 | 7.8% | -51.5% |
| 1983 | 6.5% | -17.0% |
| 1984 | 2.6% | -60.5% |
| 1985 | 2.7% | +5.4% |
| 1986 | 3.0% | +10.0% |
| 1987 | 15.9% | +431.8% |
| 1988 | 17.7% | +11.5% |
| 1989 | 23.6% | +33.2% |
| 1990 | 21.2% | -10.1% |
| 1991 | 25.5% | +20.4% |
| 1992 | 20.4% | -20.2% |
| 1993 | 25.9% | +27.3% |
| 1994 | 25.2% | -2.7% |
| 1995 | 24.5% | -2.9% |
| 1996 | 26.0% | +6.3% |
| 1997 | 26.0% | -0.2% |
| 1998 | 29.5% | +13.7% |
| 1999 | 29.0% | -1.8% |
| 2000 | 22.9% | -20.9% |
| 2001 | 30.7% | +33.7% |
| 2002 | 28.9% | -5.7% |
| 2003 | 29.6% | +2.5% |
| 2004 | 28.4% | -4.0% |
| 2005 | 31.4% | +10.5% |
| 2006 | 25.2% | -20.0% |
| 2007 | 25.9% | +2.8% |
| 2008 | 25.0% | -3.4% |
| 2009 | 27.3% | +9.3% |
| 2010 | 25.8% | -5.7% |
| 2011 | 23.2% | -10.0% |
| 2012 | 17.8% | -23.1% |
| 2013 | 24.1% | +35.3% |
| 2014 | 24.0% | -0.5% |
| 2015 | 19.0% | -21.0% |
| 2016 | 19.3% | +1.8% |
| 2017 | 22.8% | +18.0% |
| 2018 | 25.9% | +13.7% |
| 2019 | 28.3% | +9.2% |
| 2020 | 34.4% | +21.5% |
| 2021 | 29.1% | -15.5% |
| 2022 | 31.7% | +9.0% |
| 2023 | 29.6% | -6.6% |
Barbados compared with similar countries
- Barbados's 29.6% is above the median for high income countries, which is 1.7%, 17.5× the median. (74 countries reporting)
- Barbados's 29.6% is above the median for Latin America & Caribbean, which is 14.5%, 2.0× the median. (36 countries reporting)
Biggest year-on-year movements
Years where Merchandise exports to low- and middle-income economies in Latin 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 |
|---|---|---|---|
| 1987 | +431.8% | 3.0% | 15.9% |
| 1966 | +418.5% | 0.4% | 2.1% |
| 1970 | +270.1% | 0.4% | 1.5% |
| 1981 | +195.7% | 5.5% | 16.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.7% | 0.4% | 2.1% | 5 |
| 1970s | 4.9% | 1.5% | 7.4% | 10 |
| 1980s | 10.2% | 2.6% | 23.6% | 10 |
| 1990s | 25.3% | 20.4% | 29.5% | 10 |
| 2000s | 27.5% | 22.9% | 31.4% | 10 |
| 2010s | 23.0% | 17.8% | 28.3% | 10 |
| 2020s | 31.2% | 29.1% | 34.4% | 4 |
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 merchandise exports to low- and middle-income economies in latin in Barbados?
- Merchandise exports to low- and middle-income economies in latin in Barbados was 29.6% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise exports to low- and middle-income economies in latin recorded in Barbados?
- The highest recorded value was 34.4% in 2020.
- What is the lowest merchandise exports to low- and middle-income economies in latin recorded in Barbados?
- The lowest recorded value was 0.4% in 1967.
- How does Barbados rank for merchandise exports to low- and middle-income economies in latin?
- Barbados ranks 10th out of 203 countries with data for 2023.
- Is merchandise exports to low- and middle-income economies in latin rising or falling in Barbados?
- Over the last ten years it is up 22.7%. The long-run trend across the full record is volatile.
- Where does this Barbados data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports). Statizoid updates them automatically from the source API.
Download this data
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About this data
Merchandise exports to low- and middle-income economies in Latin America and the Caribbean are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Latin America and the Caribbean region according to World Bank classification of economies. Data are 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.