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

Barbados: Merchandise imports from low- and middle-income economies within was 7.2% in 2023. ▲ Rising

Latest (2023)
7.2%
Change on year
up 0.7%
World rank
136th
of 203 countries
All-time high
13.0%
in 2014
All-time low
1.3%
in 1962
Years of data
62
1961–2023

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

2.557.51012.5196119922023

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

Analysis

Barbados recorded 7.2% for merchandise imports from low- and middle-income economies within in 2023.

The figure is 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 within in Barbados peaked at 13.0% in 2014 and was at its lowest, 1.3%, in 1962.

That places Barbados 136th out of 203 countries with data for 2023, putting it in the middle of the range.

The long-run direction has been consistently rising across the 62 years of available data.

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

Annual values for Merchandise imports from low- and middle-income economies within region (% of total merchandise imports) in Barbados, 1961 to 2023.
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 4.5%, 1.6× the median. (71 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

DecadeAverage LowestHighest 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

  1. 133 Palestine, State of 8.0% compare
  2. 134 Lebanon 7.4% compare
  3. 135 Cameroon 7.3% compare
  4. 137 Grenada 7.1% compare
  5. 138 Ghana 7.0% compare
  6. 139 Faroe Islands 6.8% compare

See the full ranking of 249 places →

More private sector data for Barbados

All data for Barbados →

Frequently asked questions

What is merchandise imports from low- and middle-income economies within in Barbados?
Merchandise imports from low- and middle-income economies within 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 within recorded in Barbados?
The highest recorded value was 13.0% in 2014.
What is the lowest merchandise imports from low- and middle-income economies within 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 within?
Barbados ranks 136th out of 203 countries with data for 2023.
Is merchandise imports from low- and middle-income economies within 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 within 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 within in Barbados. Statizoid, drawing on Staff estimates, World Bank (WB). Retrieved 16 September 2026, from https://private-sector.statizoid.com/stat/merchandise-imports-from-low-and-middle-income-economies-within-region-percent-of-total/barbados/

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About this data

Indicator
Merchandise imports from low- and middle-income economies within 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
249 places, 13,090 data points, 1960–2023
Last refreshed

Merchandise imports from low- and middle-income economies within region are the sum of merchandise imports by the reporting economy from other low- and middle-income economies in the same World Bank region according to the World Bank classification of economies. Data are 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. No figures are shown for high-income economies, because they are a separate category in the World Bank classification of economies.