Private Sector & Trade · Barbados
Yearly data from 1995 to 2016, from the World Bank.
Barbados's international tourism, expenditures (current US$) was US$99 million in 2016, the latest year in the World Bank's World Development Indicators. That is down 40.36% from US$166 million in 2006 (5.04% a year on average, compounded).
| Value | Year | |
|---|---|---|
| Latest | US$99 million | 2016 |
| Five years earlier | US$114 million | 2011 |
| Ten years earlier | US$166 million | 2006 |
| Highest | US$177 million | 2007 |
| Lowest | US$99 million | 2016 |
| Average since 2007 | US$125.3 million | 2007–2016 |
| First recorded | US$110 million | 1995 |
Over five years it is down 13.16% from US$114 million in 2011 (2.78% a year on average, compounded). Since 1995 it is down 10% from US$110 million in 1995 (0.5% a year on average, compounded).
In 2016, Barbados' international tourism, expenditures (current US$) fell 16.8% on 2015 (from US$119 million to US$99 million).
Across the 20 yearly changes before that (1996 to 2015), the average change was +0.9% and a typical year strayed about 9.5% from that (the standard deviation). This year's change was 1.9 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.
On record, the biggest yearly rise was 13.3% in 2010 and the biggest yearly fall was 21.4% in 2011. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2007 to 2016 the straight-line trend is downward, about US$7 million a year. A straight line explains 67% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
See how every economy compares in the full ranking.
| Value | Year | |
|---|---|---|
| Barbados | US$99 million | 2016 |
| World | US$1.44 trillion | 2019 |
| Latin America & Caribbean | US$75.64 billion | 2019 |
| High income | US$959.67 billion | 2019 |
International tourism expenditures are expenditures of international outbound visitors in other countries, including payments to foreign carriers for international transport. These expenditures may include those by residents traveling abroad as same-day visitors, except in cases where these are important enough to justify separate classification. For some countries they do not include expenditures for passenger transport items. Data are in current U.S. dollars.
Limitations: Tourism can be either domestic or international. The data refers to international tourism, where the traveler's country of residence differs from the visiting country. International tourism consists of inbound (arrival) and outbound (departures) tourism. The data are from the World Tourism Organization (WTO), a United Nations agency. The data on inbound and outbound tourists refer to the number of arrivals and departures, not to the number of people traveling. Expenditure associated with the activity of international visitors has been traditionally identified with the travel item of the Balance of Payments (BOP).
Regional and income-group figures are computed by the World Bank as a gap-filled total.
| Year | International tourism, expenditures (current US$) |
|---|---|
| 2016 | 99,000,000 |
| 2015 | 119,000,000 |
| 2014 | 115,000,000 |
| 2013 | 102,000,000 |
| 2012 | 100,000,000 |
| 2011 | 114,000,000 |
| 2010 | 145,000,000 |
| 2009 | 128,000,000 |
| 2008 | 154,000,000 |
| 2007 | 177,000,000 |
| 2006 | 166,000,000 |
| 2005 | 158,000,000 |
| 2004 | 163,000,000 |
| 2003 | 153,000,000 |
| 2002 | 146,000,000 |
| 2001 | 149,000,000 |
| 2000 | 141,000,000 |
| 1999 | 132,000,000 |
| 1998 | 126,000,000 |
| 1997 | 120,000,000 |
| 1996 | 114,000,000 |
| 1995 | 110,000,000 |
Every indicator for Barbados is on the Barbados data page.
World Bank, World Development Indicators, indicator ST.INT.XPND.CD, licensed CC BY 4.0. Original source: Yearbook of Tourism Statistics, Compendium of Tourism Statistics and data files, UN Tourism Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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