Merchandise exports to low- and middle-income economies within region in Barbados
Barbados: Merchandise exports to low- and middle-income economies within region was 29.6% in 2023. ◆ Volatile
Merchandise exports to low- and middle-income economies within region 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 within region in Barbados is 29.6%, measured in 2023.
Compared with earlier readings it is 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 within region in Barbados peaked at 34.4% in 2020 and was at its lowest, 0.4%, in 1967.
That places Barbados 56th out of 203 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise exports to low- and middle-income economies within region 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 5.7%, 5.2× the median. (71 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 within 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.
| 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
- 53 Argentina 30.6% compare
- 54 Japan 29.9% compare
- 55 Papua New Guinea 29.8% compare
- 57 Zambia 29.5% compare
- 58 Kyrgyzstan 28.3% compare
- 59 South Africa 28.3% 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 low- and middle-income economies within region in Barbados?
- Merchandise exports to low- and middle-income economies within region 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 within region recorded in Barbados?
- The highest recorded value was 34.4% in 2020.
- What is the lowest merchandise exports to low- and middle-income economies within region 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 within region?
- Barbados ranks 56th out of 203 countries with data for 2023.
- Is merchandise exports to low- and middle-income economies within region 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 within region (% 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 within region are the sum of merchandise exports from the reporting economy to other low- and middle-income economies in the same World Bank region 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. No figures are shown for high-income economies, because they are a separate category in the World Bank classification of economies.