Merchandise imports from low- and middle-income economies in Latin in Barbados
Barbados: Merchandise imports from low- and middle-income economies in Latin was 7.2% in 2023. ▲ Rising
Merchandise imports from low- and middle-income economies in Latin in Barbados, 1961–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise imports.
Analysis
The most recent figure for merchandise imports from low- and middle-income economies in latin in Barbados is 7.2%, measured in 2023.
That represents a change of up 0.7% on the previous year and down 39.8% over ten years.
Over the whole period, merchandise imports from low- and middle-income economies in latin in Barbados peaked at 13.0% in 2014 and was at its lowest, 1.3%, in 1962.
That places Barbados 37th out of 206 countries with data for 2023, putting it in the top quarter.
The long-run direction has been consistently rising across the 62 years of available data.
Merchandise imports from low- and middle-income economies in Latin in Barbados, year by year
| Year | % of total merchandise imports | Change |
|---|---|---|
| 1961 | 1.5% | — |
| 1962 | 1.3% | -14.1% |
| 1963 | 2.0% | +49.2% |
| 1964 | 2.7% | +34.8% |
| 1965 | 3.1% | +18.1% |
| 1966 | 3.9% | +24.5% |
| 1967 | 2.8% | -28.0% |
| 1968 | 2.8% | -2.3% |
| 1970 | 4.6% | +67.3% |
| 1971 | 4.5% | -1.9% |
| 1972 | 5.2% | +15.7% |
| 1973 | 6.9% | +32.5% |
| 1974 | 6.8% | -1.3% |
| 1975 | 6.0% | -12.2% |
| 1976 | 7.0% | +17.0% |
| 1977 | 7.6% | +8.5% |
| 1978 | 7.0% | -7.9% |
| 1979 | 6.9% | -2.1% |
| 1980 | 5.3% | -22.3% |
| 1981 | 6.7% | +26.0% |
| 1982 | 5.7% | -15.4% |
| 1983 | 4.7% | -17.0% |
| 1984 | 4.8% | +1.2% |
| 1985 | 6.4% | +33.4% |
| 1986 | 5.6% | -12.2% |
| 1987 | 8.2% | +46.7% |
| 1988 | 8.1% | -1.0% |
| 1989 | 7.4% | -8.9% |
| 1990 | 6.5% | -12.8% |
| 1991 | 6.8% | +5.8% |
| 1992 | 8.3% | +21.0% |
| 1993 | 7.7% | -6.4% |
| 1994 | 7.9% | +2.1% |
| 1995 | 6.6% | -16.6% |
| 1996 | 6.3% | -4.1% |
| 1997 | 6.8% | +7.6% |
| 1998 | 6.3% | -8.0% |
| 1999 | 6.7% | +7.8% |
| 2000 | 6.9% | +1.8% |
| 2001 | 7.1% | +3.1% |
| 2002 | 7.9% | +11.0% |
| 2003 | 7.0% | -11.1% |
| 2004 | 6.8% | -3.1% |
| 2005 | 7.2% | +6.0% |
| 2006 | 7.1% | -1.2% |
| 2007 | 8.3% | +17.7% |
| 2008 | 9.2% | +10.7% |
| 2009 | 10.6% | +14.9% |
| 2010 | 9.1% | -13.8% |
| 2011 | 10.8% | +17.7% |
| 2012 | 12.6% | +16.9% |
| 2013 | 11.9% | -5.0% |
| 2014 | 13.0% | +9.0% |
| 2015 | 10.2% | -21.5% |
| 2016 | 9.2% | -10.4% |
| 2017 | 7.2% | -21.5% |
| 2018 | 7.4% | +2.8% |
| 2019 | 8.6% | +16.7% |
| 2020 | 6.8% | -20.8% |
| 2021 | 6.8% | -0.9% |
| 2022 | 7.1% | +5.5% |
| 2023 | 7.2% | +0.7% |
Barbados compared with similar countries
- Barbados's 7.2% is above the median for high income countries, which is 1.5%, 4.7× the median. (74 countries reporting)
- Barbados's 7.2% is below the median for Latin America & Caribbean, which is 16.0%, 45% of the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 2.5% | 1.3% | 3.9% | 8 |
| 1970s | 6.3% | 4.5% | 7.6% | 10 |
| 1980s | 6.3% | 4.7% | 8.2% | 10 |
| 1990s | 7.0% | 6.3% | 8.3% | 10 |
| 2000s | 7.8% | 6.8% | 10.6% | 10 |
| 2010s | 10.0% | 7.2% | 13.0% | 10 |
| 2020s | 7.0% | 6.8% | 7.2% | 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 imports from low- and middle-income economies in latin in Barbados?
- Merchandise imports from low- and middle-income economies in latin in Barbados was 7.2% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise imports from low- and middle-income economies in latin recorded in Barbados?
- The highest recorded value was 13.0% in 2014.
- What is the lowest merchandise imports from low- and middle-income economies in latin recorded in Barbados?
- The lowest recorded value was 1.3% in 1962.
- How does Barbados rank for merchandise imports from low- and middle-income economies in latin?
- Barbados ranks 37th out of 206 countries with data for 2023.
- Is merchandise imports from low- and middle-income economies in latin rising or falling in Barbados?
- Over the last ten years it is down 39.8%. The long-run trend across the full record is rising.
- Where does this Barbados data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports). Statizoid updates them automatically from the source API.
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About this data
Merchandise imports from low- and middle-income economies in Latin America and the Caribbean are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the Latin America and the Caribbean region according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise imports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.