Barbados: Trade balance, in dollars

* indicates monthly or quarterly data series
 Barbados

Trade balance, billion USD

 Latest value 0.02
 Year 2017
 Measure billion U.S. dollars
 Data availability 1967 - 2017
 Average -0.03
 Min - Max -0.29 - 0.20
 Source The World Bank
 Available for Data download
The latest value from 2017 is 0.02 billion U.S. dollars, a decline from 0.17 billion U.S. dollars in 2016. In comparison, the world average is 2.61 billion U.S. dollars, based on data from 174 countries. Historically, the average for Barbados from 1967 to 2017 is -0.03 billion U.S. dollars. The minimum value, -0.29 billion U.S. dollars, was reached in 2004 while the maximum of 0.2 billion U.S. dollars was recorded in 1996. See the global rankings for that indicator or use the country comparator to compare trends over time.
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 Recent values Barbados: Trade balance, in dollars
 2017 0.02
 2016 0.17
 2015 0.12
 2014 0.03
 2013 -0.06
 2012 -0.12
 2011 -0.10
 2010 -0.10




Definition: Net trade in goods and services is derived by offsetting imports of goods and services against exports of goods and services. Exports and imports of goods and services comprise all transactions involving a change of ownership of goods and services between residents of one country and the rest of the world. Data are in current U.S. dollars.

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 Related indicators Latest Reference Measure
 Terms of trade 95.70 2024 percent
 Financial openness -1.248 2022 index points
 Foreign Direct Investment, percent of GDP 3.99 2024 percent
 Foreign Direct Investment, billion dollars 0.30 2024 billion U.S. dollars
 Portfolio investment inflows, equities 2.58 2017 million dollars (current)
 Current account, percent of GDP -5.07 2017 percent
 Current account, in dollars -0.30 2017 billion U.S. dollars
 Trade balance, in dollars 0.02 2017 billion U.S. dollars
 Reserves 1.65 2024 billion U.S. dollars
 Remittances, percent of GDP 1.50 2017 percent
 Remittances 85.18 2017 million U.S. dollars
 Net errors and omissions -132.48 2017 million USD
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