Barbados - External balance on goods and services (% of GDP)
External balance on goods and services (% of GDP) in Barbados was 0.32 as of 2019. Its highest value over the past 44 years was 7.09 in 1994, while its lowest value was -18.31 in 1976.
Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services).
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1975 | -10.03 |
| 1976 | -18.31 |
| 1977 | -11.51 |
| 1978 | -10.28 |
| 1979 | -10.71 |
| 1980 | -1.63 |
| 1981 | -7.89 |
| 1982 | -2.24 |
| 1983 | 0.97 |
| 1984 | 4.03 |
| 1985 | 6.53 |
| 1986 | 0.17 |
| 1987 | 0.06 |
| 1988 | 2.89 |
| 1989 | 1.45 |
| 1990 | -0.24 |
| 1991 | -0.85 |
| 1992 | 6.75 |
| 1993 | 4.49 |
| 1994 | 7.09 |
| 1995 | 1.83 |
| 1996 | 2.57 |
| 1997 | -2.77 |
| 1998 | -3.26 |
| 1999 | -4.82 |
| 2000 | -4.11 |
| 2001 | -4.42 |
| 2002 | -5.50 |
| 2003 | -4.18 |
| 2004 | -8.67 |
| 2005 | -7.99 |
| 2006 | -6.36 |
| 2007 | -2.02 |
| 2008 | -5.05 |
| 2009 | -2.22 |
| 2010 | -2.99 |
| 2011 | -4.53 |
| 2012 | -4.55 |
| 2013 | -3.92 |
| 2014 | -4.70 |
| 2015 | -1.65 |
| 2016 | 1.00 |
| 2017 | 1.47 |
| 2018 | 1.58 |
| 2019 | 0.32 |
Aggregation method: Weighted average
Periodicity: Annual
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts