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