Barbados's service imports (current US$, BoP) was US$686.95 million in 2017, the latest year in the World Bank's World Development Indicators. That is up 19.57% from US$574.5 million in 2007 (1.8% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$686.95 million | 2017 |
| Five years earlier | US$540.18 million | 2012 |
| Ten years earlier | US$574.5 million | 2007 |
| Highest | US$745.25 million | 2013 |
| Lowest | US$19.49 million | 1967 |
| Average since 2008 | US$654.59 million | 2008–2017 |
| First recorded | US$19.49 million |
What the numbers say
In 2017, Barbados' service imports (current US$, BoP) fell 0.7% on 2016 (from US$691.98 million to US$686.95 million).
Across the 30 yearly changes before that (1987 to 2016), the average change was +6.2% and a typical year strayed about 12.5% from that (the standard deviation). This year's change was 0.6 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 38% in 2013 and the biggest yearly fall was 22.3% 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 2008 to 2017 there is no clear straight-line trend: a straight line explains 16% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
See how every economy compares in the full ranking.
| Value | Year | |
|---|---|---|
| Barbados | US$686.95 million | 2017 |
| World | US$8.75 trillion | 2025 |
| Latin America & Caribbean | US$378.65 billion | 2025 |
| High income | US$6.82 trillion | 2025 |
What this measures
Imports of services are services provided by non-residents to residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
Regional and income-group figures are computed by the World Bank as a gap-filled total.
All 51 values
| Year | Service imports (current US$, BoP) |
|---|---|
| 2017 | 686,954,662 |
| 2016 | 691,979,665 |
| 2015 | 712,557,509 |
| 2014 | 687,399,401 |
| 2013 | 745,250,120 |
| 2012 | 540,184,200 |
| 2011 | 520,915,377 |
| 2010 | 670,097,175 |
| 2009 | 627,917,355 |
| 2008 | 662,598,790 |
| 2007 |
Service imports (current US$, BoP) in nearby economies
- Antigua and Barbuda — US$614.46 million (2025)
- Argentina — US$29.94 billion (2025)
- Aruba — US$1.18 billion (2023)
- Bahamas, The — US$2.47 billion (2024)
- Belize — US$351.61 million (2025)
- Bolivia — US$2.36 billion (2025)
- Brazil — US$105.06 billion (2025)
- Chile — US$21.95 billion (2025)
- Colombia — US$20.01 billion (2025)
- Costa Rica — US$8.62 billion (2025)
- Curaçao
More economic policy & debt data for Barbados
- GDP (current US$) — US$8.02 billion (2025)
- GDP (current LCU) — 16.03 billion (2025)
- GDP (constant 2015 US$) — US$6.5 billion (2025)
- GDP (constant LCU) — 15.34 billion (2025)
- GDP per capita (current US$) — US$28,365 (2025)
- GDP per capita (current LCU) — 56,730 (2025)
- GDP per capita (constant 2015 US$) — US$23,014 (2025)
- GDP per capita (constant LCU) — 54,263 (2025)
- GNI (current US$) — US$7.69 billion (2025)
- GNI (current LCU) — 15.38 billion (2025)
- GNI per capita (current LCU) — 54,417 (2025)
Reading data like this
Questions people ask
- What is Barbados's service imports (current US$, BoP)?
- US$686.95 million in 2017, according to the World Bank (World Development Indicators).
- How has it changed since 1967?
- It is up 3,424% from US$19.49 million in 1967 (7.38% a year on average, compounded). The highest value was US$745.25 million in 2013 and the lowest US$19.49 million in 1967.
- Is the latest change in service imports (current US$, BoP) unusual for Barbados?
- In 2017, Barbados' service imports (current US$, BoP) fell 0.7% on 2016 (from US$691.98 million to US$686.95 million). Across the 30 yearly changes before that (1987 to 2016), the average change was +6.2% and a typical year strayed about 12.5% from that (the standard deviation). This year's change was 0.6 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
- Where does this data come from?
- The World Bank's World Development Indicators, licensed CC BY 4.0. Original source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
Source
World Bank, World Development Indicators, indicator BM.GSR.NFSV.CD, licensed CC BY 4.0. Original source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF) 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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