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Barbados - Imports of goods and services

Imports of goods and services (BoP, current US$)

The latest value for Imports of goods and services (BoP, current US$) in Barbados was $2,224,886,000 as of 2016. Over the past 49 years, the value for this indicator has fluctuated between $2,446,171,000 in 2008 and $88,933,260 in 1967.

Definition: Imports of goods and services comprise all transactions between residents of a country and the rest of the world involving a change of ownership from nonresidents to residents of general merchandise, nonmonetary gold, and services. Data are in current U.S. dollars.

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files.

See also:

Year	Value
1967	$88,933,260
1968	$100,863,300
1969	$118,233,200
1970	$140,939,600
1971	$148,745,200
1972	$168,601,300
1973	$194,308,900
1974	$225,166,600
1975	$245,653,700
1976	$271,908,500
1977	$310,747,000
1978	$363,744,800
1979	$471,245,400
1980	$597,212,200
1981	$656,453,800
1982	$646,251,300
1983	$703,564,500
1984	$741,219,200
1985	$694,108,900
1986	$697,309,100
1987	$647,735,400
1988	$692,912,700
1989	$810,484,900
1990	$829,063,200
1991	$808,654,700
1992	$645,570,500
1993	$734,165,300
1994	$786,820,200
1995	$971,739,800
1996	$1,049,083,000
1997	$1,219,695,000
1998	$1,268,071,000
1999	$1,352,544,000
2000	$1,456,568,000
2001	$1,355,698,000
2002	$1,378,265,000
2003	$1,568,789,000
2004	$1,752,699,000
2005	$2,021,623,000
2006	$2,109,570,000
2007	$2,253,711,000
2008	$2,446,171,000
2009	$1,976,126,000
2010	$2,154,022,000
2011	$2,232,917,000
2012	$2,237,293,000
2013	$2,406,259,000
2014	$2,311,759,000
2015	$2,243,126,000
2016	$2,224,886,000

Imports of goods and services (current US$)

The latest value for Imports of goods and services (current US$) in Barbados was $2,171,296,000 as of 2019. Over the past 44 years, the value for this indicator has fluctuated between $2,568,563,000 in 2008 and $242,949,900 in 1975.

Definition: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year	Value
1975	$242,949,900
1976	$282,486,800
1977	$302,530,900
1978	$377,933,200
1979	$510,366,400
1980	$619,897,600
1981	$653,706,600
1982	$657,634,400
1983	$728,682,900
1984	$769,204,000
1985	$719,733,500
1986	$713,319,700
1987	$658,579,000
1988	$696,315,800
1989	$823,397,800
1990	$872,719,200
1991	$836,822,000
1992	$676,900,000
1993	$779,893,600
1994	$821,061,000
1995	$998,458,700
1996	$1,073,684,000
1997	$1,230,846,000
1998	$1,286,034,000
1999	$1,372,744,000
2000	$1,448,450,000
2001	$1,386,450,000
2002	$1,381,950,000
2003	$1,512,750,000
2004	$1,734,650,000
2005	$2,016,750,000
2006	$2,294,406,000
2007	$2,368,288,000
2008	$2,568,563,000
2009	$2,045,378,000
2010	$2,240,070,000
2011	$2,282,372,000
2012	$2,173,751,000
2013	$2,146,913,000
2014	$2,114,665,000
2015	$2,031,610,000
2016	$2,035,110,000
2017	$2,027,176,000
2018	$2,019,610,000
2019	$2,171,296,000

Imports of goods and services (current LCU)

The value for Imports of goods and services (current LCU) in Barbados was 4,342,593,000 as of 2019. As the graph below shows, over the past 44 years this indicator reached a maximum value of 5,137,127,000 in 2008 and a minimum value of 490,783,000 in 1975.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year	Value
1975	490,783,000
1976	566,047,000
1977	607,119,000
1978	760,137,000
1979	1,026,500,000
1980	1,246,800,000
1981	1,314,800,000
1982	1,322,700,000
1983	1,465,600,000
1984	1,547,100,000
1985	1,447,600,000
1986	1,434,700,000
1987	1,324,600,000
1988	1,400,500,000
1989	1,656,100,000
1990	1,755,300,000
1991	1,683,100,000
1992	1,353,800,000
1993	1,568,600,000
1994	1,651,400,000
1995	2,008,200,000
1996	2,159,500,000
1997	2,475,600,000
1998	2,586,600,000
1999	2,761,000,000
2000	2,896,900,000
2001	2,772,900,000
2002	2,763,900,000
2003	3,025,500,000
2004	3,469,300,000
2005	4,033,500,000
2006	4,588,812,000
2007	4,736,575,000
2008	5,137,127,000
2009	4,090,757,000
2010	4,480,140,000
2011	4,564,744,000
2012	4,347,501,000
2013	4,293,825,000
2014	4,229,329,000
2015	4,063,219,000
2016	4,070,220,000
2017	4,054,353,000
2018	4,039,220,000
2019	4,342,593,000

Imports of goods and services (constant 2010 US$)

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year	Value
2015	2,031,610,000

Imports of goods and services (% of GDP)

Imports of goods and services (% of GDP) in Barbados was 41.68 as of 2019. Its highest value over the past 44 years was 76.13 in 1979, while its lowest value was 34.59 in 1992.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year	Value
1975	60.41
1976	64.80
1977	61.11
1978	68.36
1979	76.13
1980	61.24
1981	58.67
1982	56.50
1983	58.95
1984	57.11
1985	51.06
1986	46.09
1987	38.64
1988	38.41
1989	41.04
1990	43.37
1991	41.41
1992	34.59
1993	37.80
1994	38.17
1995	45.04
1996	45.42
1997	49.27
1998	45.65
1999	46.50
2000	47.34
2001	45.39
2002	44.49
2003	47.13
2004	50.36
2005	52.80
2006	54.40
2007	50.67
2008	53.68
2009	45.80
2010	49.45
2011	49.00
2012	47.15
2013	45.90
2014	45.03
2015	43.09
2016	42.13
2017	40.72
2018	39.71
2019	41.68

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments