Merchandise imports from low- and middle-income economies outside in Barbados

Barbados: Merchandise imports from low- and middle-income economies outside was 5.7% in 2023. ◆ Volatile

Latest (2023)
5.7%
Change on year
down 17.6%
World rank
170th
of 206 countries
All-time high
11.7%
in 2016
All-time low
0.5%
in 1968
Years of data
62
1961–2023

Merchandise imports from low- and middle-income economies outside in Barbados, 1961–2023

02.557.51012.5196119922023

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

Analysis

In 2023, merchandise imports from low- and middle-income economies outside in Barbados stood at 5.7%.

That represents a change of down 17.6% on the previous year and down 16.5% over ten years.

Over the whole period, merchandise imports from low- and middle-income economies outside in Barbados peaked at 11.7% in 2016 and was at its lowest, 0.5%, in 1968.

Barbados ranks 170th of 206 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Merchandise imports from low- and middle-income economies outside in Barbados, year by year

Annual values for Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) in Barbados, 1961 to 2023.
Year % of total merchandise imports Change
1961 10.1%
1962 0.9% -91.3%
1963 1.0% +11.9%
1964 0.7% -32.6%
1965 0.6% -5.5%
1966 0.5% -14.2%
1967 0.6% +20.4%
1968 0.5% -22.9%
1970 0.6% +29.7%
1971 0.9% +37.2%
1972 1.1% +24.5%
1973 1.1% +0.8%
1974 0.7% -39.6%
1975 1.1% +60.5%
1976 1.0% -6.0%
1977 0.8% -22.6%
1978 0.7% -11.8%
1979 0.6% -16.4%
1980 0.7% +16.9%
1981 0.6% -12.5%
1982 0.9% +50.4%
1983 1.4% +57.6%
1984 1.1% -24.0%
1985 2.2% +109.1%
1986 1.2% -46.6%
1987 1.1% -9.6%
1988 1.2% +8.3%
1989 1.0% -15.7%
1990 1.2% +16.9%
1991 1.6% +42.1%
1992 1.8% +7.6%
1993 1.7% -4.7%
1994 1.8% +7.8%
1995 2.0% +8.9%
1996 1.6% -21.2%
1997 2.5% +61.6%
1998 2.3% -8.5%
1999 2.2% -1.9%
2000 3.7% +62.6%
2001 3.4% -5.8%
2002 3.9% +13.8%
2003 4.0% +3.0%
2004 4.2% +3.8%
2005 4.5% +7.7%
2006 5.1% +12.6%
2007 6.5% +27.3%
2008 6.6% +2.6%
2009 6.9% +4.7%
2010 8.4% +20.3%
2011 6.5% -22.6%
2012 6.4% -0.4%
2013 6.8% +6.0%
2014 8.9% +30.0%
2015 9.4% +5.7%
2016 11.7% +24.7%
2017 10.1% -13.6%
2018 10.2% +1.2%
2019 11.6% +13.2%
2020 5.6% -51.8%
2021 6.3% +12.0%
2022 6.9% +10.7%
2023 5.7% -17.6%

Barbados compared with similar countries

  • Barbados's 5.7% is below the median for high income countries, which is 11.2%, 51% of the median. (74 countries reporting)
  • Barbados's 5.7% is below the median for Latin America & Caribbean, which is 20.2%, 28% of the median. (36 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1960s 1.9% 0.5% 10.1% 8
1970s 0.9% 0.6% 1.1% 10
1980s 1.1% 0.6% 2.2% 10
1990s 1.9% 1.2% 2.5% 10
2000s 4.9% 3.4% 6.9% 10
2010s 9.0% 6.4% 11.7% 10
2020s 6.1% 5.6% 6.9% 4

Countries ranked near Barbados

  1. 167 Estonia 6.0% compare
  2. 168 Australia 6.0% compare
  3. 169 Lithuania 5.9% compare
  4. 171 Japan 5.7% compare
  5. 172 Vietnam 5.7% compare
  6. 173 Latvia 5.6% compare

See the full ranking of 253 places →

More private sector data for Barbados

All data for Barbados →

Frequently asked questions

What is merchandise imports from low- and middle-income economies outside in Barbados?
Merchandise imports from low- and middle-income economies outside in Barbados was 5.7% in 2023, according to Staff estimates, World Bank (WB).
What is the highest merchandise imports from low- and middle-income economies outside recorded in Barbados?
The highest recorded value was 11.7% in 2016.
What is the lowest merchandise imports from low- and middle-income economies outside recorded in Barbados?
The lowest recorded value was 0.5% in 1968.
How does Barbados rank for merchandise imports from low- and middle-income economies outside?
Barbados ranks 170th out of 206 countries with data for 2023.
Is merchandise imports from low- and middle-income economies outside rising or falling in Barbados?
Over the last ten years it is down 16.5%. 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 imports from low- and middle-income economies outside region (% of total merchandise imports). Statizoid updates them automatically from the source API.

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Merchandise imports from low- and middle-income economies outside in Barbados. Statizoid, drawing on Staff estimates, World Bank (WB). Retrieved 17 September 2026, from https://private-sector.statizoid.com/stat/merchandise-imports-from-low-and-middle-income-economies-outside-region-percent-of-total/barbados/

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About this data

Indicator
Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports)
Unit
% of total merchandise imports
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
253 places, 13,303 data points, 1960–2023
Last refreshed

Merchandise imports from low- and middle-income economies outside region are the sum of merchandise imports by the reporting economy from 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 imports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.