Merchandise exports to low- and middle-income economies outside region in Barbados

Barbados: Merchandise exports to low- and middle-income economies outside region was 1.0% in 2023. ◆ Volatile

Latest (2023)
1.0%
Change on year
up 60.7%
World rank
188th
of 206 countries
All-time high
37.9%
in 2000
All-time low
0.0%
in 1973
Years of data
55
1961–2023

Merchandise exports to low- and middle-income economies outside region in Barbados, 1961–2023

010203040196119922023

Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.

Analysis

Barbados recorded 1.0% for merchandise exports to low- and middle-income economies outside region in 2023.

The figure is up 60.7% on the previous year and down 74.8% over ten years.

Over the whole period, merchandise exports to low- and middle-income economies outside region in Barbados peaked at 37.9% in 2000 and was at its lowest, 0.0%, in 1973.

That places Barbados 188th out of 206 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 to low- and middle-income economies outside region in Barbados, year by year

Annual values for Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) in Barbados, 1961 to 2023.
Year % of total merchandise exports Change
1961 17.3%
1970 0.0% -99.8%
1971 0.1% +398.6%
1972 0.1% -61.8%
1973 0.0% -85.8%
1974 6.6% +88131.9%
1975 0.1% -98.9%
1976 0.0% -81.2%
1977 0.1% +460.0%
1978 3.9% +4930.6%
1979 0.6% -84.3%
1980 0.6% -4.8%
1981 0.2% -71.4%
1982 0.5% +195.5%
1983 0.5% -7.4%
1984 0.2% -48.9%
1985 0.5% +136.1%
1986 2.3% +327.6%
1987 1.1% -52.2%
1988 0.6% -42.2%
1989 0.0% -92.4%
1990 0.4% +813.2%
1991 0.1% -71.8%
1992 0.2% +82.1%
1993 0.1% -63.5%
1994 0.6% +622.3%
1995 0.4% -35.0%
1996 0.3% -16.2%
1997 0.2% -33.5%
1998 0.1% -65.6%
1999 0.2% +178.4%
2000 37.9% +17892.5%
2001 1.2% -96.9%
2002 0.9% -21.4%
2003 0.6% -29.4%
2004 0.7% +11.1%
2005 0.7% -8.3%
2006 1.3% +91.1%
2007 2.1% +66.6%
2008 1.3% -39.9%
2009 2.3% +80.9%
2010 1.8% -21.8%
2011 2.1% +14.8%
2012 2.3% +10.4%
2013 3.9% +71.3%
2014 3.4% -13.6%
2015 5.0% +49.7%
2016 7.1% +41.5%
2017 2.1% -71.1%
2018 1.2% -41.8%
2019 0.7% -43.0%
2020 2.0% +190.7%
2021 2.7% +34.2%
2022 0.6% -77.1%
2023 1.0% +60.7%

Barbados compared with similar countries

  • Barbados's 1.0% is below the median for high income countries, which is 9.2%, 11% of the median. (74 countries reporting)
  • Barbados's 1.0% is below the median for Latin America & Caribbean, which is 5.3%, 18% of the median. (36 countries reporting)

Biggest year-on-year movements

Years where Merchandise exports to low- and middle-income economies outside region 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.

YearChange FromTo
1974 +88131.9% 0.0% 6.6%
2000 +17892.5% 0.2% 37.9%
1978 +4930.6% 0.1% 3.9%
1990 +813.2% 0.0% 0.4%
1994 +622.3% 0.1% 0.6%

Averages by decade

DecadeAverage LowestHighest Years
1960s 17.3% 17.3% 17.3% 1
1970s 1.1% 0.0% 6.6% 10
1980s 0.7% 0.0% 2.3% 10
1990s 0.3% 0.1% 0.6% 10
2000s 4.9% 0.6% 37.9% 10
2010s 2.9% 0.7% 7.1% 10
2020s 1.6% 0.6% 2.7% 4

Countries ranked near Barbados

  1. 185 Aruba 1.2% compare
  2. 186 Sint Maarten (Dutch part) 1.2% compare
  3. 187 Montenegro 1.1% compare
  4. 189 Papua New Guinea 0.9% compare
  5. 190 Niger 0.9% compare
  6. 191 Bhutan 0.9% compare

See the full ranking of 253 places →

More private sector data for Barbados

All data for Barbados →

Frequently asked questions

What is merchandise exports to low- and middle-income economies outside region in Barbados?
Merchandise exports to low- and middle-income economies outside region in Barbados was 1.0% in 2023, according to Staff estimates, World Bank (WB).
What is the highest merchandise exports to low- and middle-income economies outside region recorded in Barbados?
The highest recorded value was 37.9% in 2000.
What is the lowest merchandise exports to low- and middle-income economies outside region recorded in Barbados?
The lowest recorded value was 0.0% in 1973.
How does Barbados rank for merchandise exports to low- and middle-income economies outside region?
Barbados ranks 188th out of 206 countries with data for 2023.
Is merchandise exports to low- and middle-income economies outside region rising or falling in Barbados?
Over the last ten years it is down 74.8%. 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 outside region (% of total merchandise exports). Statizoid updates them automatically from the source API.

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Merchandise exports to low- and middle-income economies outside region in Barbados. Statizoid, drawing on Staff estimates, World Bank (WB). Retrieved 18 September 2026, from https://private-sector.statizoid.com/stat/merchandise-exports-to-low-and-middle-income-economies-outside-region-percent-of-total/barbados/

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About this data

Indicator
Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports)
Unit
% of total merchandise exports
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
253 places, 12,864 data points, 1960–2023
Last refreshed

Merchandise exports to low- and middle-income economies outside region are the sum of merchandise exports from the reporting economy to other low- and middle-income economies in other World Bank regions 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.