Barbados - Merchandise imports from high-income economies (% of total merchandise imports)

Merchandise imports from high-income economies (% of total merchandise imports) in Barbados was 86.73 as of 2020. Its highest value over the past 59 years was 89.28 in 1999, while its lowest value was 73.61 in 1963.

Definition: Merchandise imports from high-income economies are the sum of merchandise imports by the reporting economy from high-income economies according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise imports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.

Source: World Bank staff estimates based data from International Monetary Fund's Direction of Trade database.

See also:

Year Value
1961 81.96
1962 76.55
1963 73.61
1964 82.83
1965 82.04
1966 82.96
1967 81.09
1968 84.87
1970 87.09
1971 86.90
1972 87.06
1973 84.77
1974 78.77
1975 75.92
1976 79.47
1977 78.82
1978 81.46
1979 83.41
1980 86.17
1981 83.05
1982 82.33
1983 86.44
1984 83.42
1985 82.64
1986 86.98
1987 84.39
1988 84.28
1989 83.32
1990 81.66
1991 81.30
1992 81.71
1993 84.41
1994 85.28
1995 85.38
1996 85.77
1997 85.73
1998 89.04
1999 89.28
2000 87.99
2001 87.97
2002 86.66
2003 86.68
2004 86.63
2005 86.29
2006 86.41
2007 82.99
2008 82.66
2009 80.76
2010 80.58
2011 81.51
2012 79.99
2013 80.32
2014 77.02
2015 79.21
2016 77.99
2017 81.57
2018 81.50
2019 81.46
2020 86.73

Development Relevance: Low- and middle-income economies are an increasingly important part of the global trading system. Trade between high-income economies and low- and middle-income economies has grown faster than trade between high-income economies. This increased trade benefits both producers and consumers in developing and high-income economies.

Limitations and Exceptions: Data on exports and imports are from the International Monetary Fund's (IMF) Direction of Trade database and should be broadly consistent with data from other sources, such as the United Nations Statistics Division's Commodity Trade (Comtrade) database. All high-income economies and major low- and middle-income economies report trade data to the IMF on a timely basis, covering about 85 percent of trade for recent years. Trade data for less timely reporters and for countries that do not report are estimated using reports of trading partner countries. Therefore, data on trade between developing and high-income economies should be generally complete. But trade flows between many low- and middle-income economies - particularly those in Sub-Saharan Africa - are not well recorded, and the value of trade among low- and middle-income economies may be understated.

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Imports