Barbados Balance of Payments: Current Account
BB: BOP: Current Account: Balance: % of GDP
BB: BOP: Current Account: Balance: % of GDP data was reported at -5.215 % in 2017. This records an increase from the previous number of -7.972 % for 2016. BB: BOP: Current Account: Balance: % of GDP data is updated yearly, averaging 7.469 % from Dec 1967 (Median) to 2017, with 51 observations. The data reached an all-time high of 7.469 % in 1992 and a record low of -27.992 % in 1969. BB: BOP: Current Account: Balance: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Barbados – Table BB.World Bank.WDI: Balance of Payments: Current Account. Balance of current transactions (transactions in goods and services, earned income and transfer income) between residents and non-residents. The term current account balance is used in the external accounts and is expressed from the perspective of resident units. The term current external balance is used in the national accounts and is expressed from the perspective of the non-resident units, and therefore with the opposite sign. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.;Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF); World Development Indicators Database, World Bank (WB); National Accounts data files, Organisation for Economic Co-operation and Development (OECD);;
| Last | Frequency | Range |
|---|---|---|
| -5.215 2017 | yearly | 1967 - 2017 |
View Barbados's BB: BOP: Current Account: Balance: % of GDP from 1967 to 2017 in the chart:
BB: BOP: Current Account: Exports: Goods and Services
BB: BOP: Current Account: Exports: Goods and Services data was reported at 2.228 USD bn in 2017. This records a decrease from the previous number of 2.410 USD bn for 2016. BB: BOP: Current Account: Exports: Goods and Services data is updated yearly, averaging 803.774 USD mn from Dec 1967 (Median) to 2017, with 51 observations. The data reached an all-time high of 2.410 USD bn in 2016 and a record low of 65.570 USD mn in 1967. BB: BOP: Current Account: Exports: Goods and Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Barbados – Table BB.World Bank.WDI: Balance of Payments: Current Account. Exports of goods includes changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. Exports of services includes services provided by residents to non-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.;Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF);Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 2,227.940 2017 | yearly | 1967 - 2017 |
View Barbados's BB: BOP: Current Account: Exports: Goods and Services from 1967 to 2017 in the chart:
BB: BOP: Current Account: Exports: Goods, Services and Primary Income
BB: BOP: Current Account: Exports: Goods, Services and Primary Income data was reported at 2.301 USD bn in 2017. This records a decrease from the previous number of 2.668 USD bn for 2016. BB: BOP: Current Account: Exports: Goods, Services and Primary Income data is updated yearly, averaging 852.224 USD mn from Dec 1967 (Median) to 2017, with 51 observations. The data reached an all-time high of 2.668 USD bn in 2016 and a record low of 71.570 USD mn in 1967. BB: BOP: Current Account: Exports: Goods, Services and Primary Income data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Barbados – Table BB.World Bank.WDI: Balance of Payments: Current Account. Exports of goods includes changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. Exports of services includes services provided by residents to non-residents. Primary income represents the return that accrues to institutional units for their contribution to the production process or for the provision of financial assets and renting natural resources to other institutional units. 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.;Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF);Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 2,301.069 2017 | yearly | 1967 - 2017 |
View Barbados's BB: BOP: Current Account: Exports: Goods, Services and Primary Income from 1967 to 2017 in the chart:
BB: BOP: Current Account: Exports: Service: Communications, Computer, etc: % of Service Exports
BB: BOP: Current Account: Exports: Service: Communications, Computer, etc: % of Service Exports data was reported at 24.727 % in 2017. This records an increase from the previous number of 21.414 % for 2016. BB: BOP: Current Account: Exports: Service: Communications, Computer, etc: % of Service Exports data is updated yearly, averaging 17.824 % from Dec 1967 (Median) to 2017, with 51 observations. The data reached an all-time high of 30.893 % in 2014 and a record low of 11.335 % in 1974. BB: BOP: Current Account: Exports: Service: Communications, Computer, etc: % of Service Exports data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Barbados – Table BB.World Bank.WDI: Balance of Payments: Current Account. Communications, computer, information, and other services cover international telecommunications; computer data; news-related service transactions between residents and nonresidents; construction services; royalties and license fees; miscellaneous business, professional, and technical services; personal, cultural, and recreational services; manufacturing services on physical inputs owned by others; and maintenance and repair services and government services not included elsewhere.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;Weighted average;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 24.727 2017 | yearly | 1967 - 2017 |
View Barbados's BB: BOP: Current Account: Exports: Service: Communications, Computer, etc: % of Service Exports from 1967 to 2017 in the chart:
BB: BOP: Current Account: Exports: Service: Insurance and Financial Services: % of Service Exports
BB: BOP: Current Account: Exports: Service: Insurance and Financial Services: % of Service Exports data was reported at 1.234 % in 2017. This records a decrease from the previous number of 1.544 % for 2016. BB: BOP: Current Account: Exports: Service: Insurance and Financial Services: % of Service Exports data is updated yearly, averaging 1.851 % from Dec 1967 (Median) to 2017, with 51 observations. The data reached an all-time high of 5.927 % in 1990 and a record low of 0.076 % in 1973. BB: BOP: Current Account: Exports: Service: Insurance and Financial Services: % of Service Exports data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Barbados – Table BB.World Bank.WDI: Balance of Payments: Current Account. Insurance and financial services cover various types of insurance provided to nonresidents by resident insurance enterprises and vice versa, and financial intermediary and auxiliary services (except those of insurance enterprises and pension funds) exchanged between residents and nonresidents.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;Weighted average;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 1.234 2017 | yearly | 1967 - 2017 |
View Barbados's BB: BOP: Current Account: Exports: Service: Insurance and Financial Services: % of Service Exports from 1967 to 2017 in the chart:
BB: BOP: Current Account: Exports: Service: Transport: % of Service Exports
BB: BOP: Current Account: Exports: Service: Transport: % of Service Exports data was reported at 3.333 % in 2017. This records a decrease from the previous number of 4.605 % for 2016. BB: BOP: Current Account: Exports: Service: Transport: % of Service Exports data is updated yearly, averaging 3.639 % from Dec 1967 (Median) to 2017, with 51 observations. The data reached an all-time high of 11.288 % in 1967 and a record low of 1.140 % in 1989. BB: BOP: Current Account: Exports: Service: Transport: % of Service Exports data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Barbados – Table BB.World Bank.WDI: Balance of Payments: Current Account. Transport covers all transport services (sea, air, land, internal waterway, pipeline, space and electricity transmission) performed by residents of one economy for those of another and involving the carriage of passengers, the movement of goods (freight), rental of carriers with crew, and related support and auxiliary services. Also included are postal and courier services. Excluded are freight insurance (included in insurance services); goods procured in ports by nonresident carriers (included in goods); maintenance and repairs on transport equipment (included in maintenance and repair services n.i.e.); and repairs of railway facilities, harbors, and airfield facilities (included in construction).;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;Weighted average;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 3.333 2017 | yearly | 1967 - 2017 |
View Barbados's BB: BOP: Current Account: Exports: Service: Transport: % of Service Exports from 1967 to 2017 in the chart:
BB: BOP: Current Account: Exports: Service: Travel: % of Service Exports
BB: BOP: Current Account: Exports: Service: Travel: % of Service Exports data was reported at 70.706 % in 2017. This records a decrease from the previous number of 72.438 % for 2016. BB: BOP: Current Account: Exports: Service: Travel: % of Service Exports data is updated yearly, averaging 75.698 % from Dec 1967 (Median) to 2017, with 51 observations. The data reached an all-time high of 82.704 % in 1974 and a record low of 64.365 % in 2014. BB: BOP: Current Account: Exports: Service: Travel: % of Service Exports data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Barbados – Table BB.World Bank.WDI: Balance of Payments: Current Account. Travel covers goods and services acquired from an economy by travelers for their own use during visits of less than one year in that economy for either business or personal purposes. Travel includes local transport (i.e., transport within the economy being visited and provided by a resident of that economy), but excludes international transport (which is included in passenger transport. Travel also excludes goods for resale, which are included in general merchandise.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;Weighted average;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 70.706 2017 | yearly | 1967 - 2017 |
View Barbados's BB: BOP: Current Account: Exports: Service: Travel: % of Service Exports from 1967 to 2017 in the chart:
BB: BOP: Current Account: Imports: Goods and Services
BB: BOP: Current Account: Imports: Goods and Services data was reported at 2.213 USD bn in 2017. This records a decrease from the previous number of 2.238 USD bn for 2016. BB: BOP: Current Account: Imports: Goods and Services data is updated yearly, averaging 645.570 USD mn from Dec 1967 (Median) to 2017, with 51 observations. The data reached an all-time high of 2.446 USD bn in 2008 and a record low of 88.933 USD mn in 1967. BB: BOP: Current Account: Imports: Goods and Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Barbados – Table BB.World Bank.WDI: Balance of Payments: Current Account. Imports of goods includes change in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. Imports of services includes 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.;Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF);Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 2,212.869 2017 | yearly | 1967 - 2017 |
View Barbados's BB: BOP: Current Account: Imports: Goods and Services from 1967 to 2017 in the chart:
BB: BOP: Current Account: Imports: Goods, Services and Primary Income
BB: BOP: Current Account: Imports: Goods, Services and Primary Income data was reported at 2.539 USD bn in 2017. This records a decrease from the previous number of 3.078 USD bn for 2016. BB: BOP: Current Account: Imports: Goods, Services and Primary Income data is updated yearly, averaging 732.679 USD mn from Dec 1967 (Median) to 2017, with 51 observations. The data reached an all-time high of 3.081 USD bn in 2014 and a record low of 93.105 USD mn in 1967. BB: BOP: Current Account: Imports: Goods, Services and Primary Income data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Barbados – Table BB.World Bank.WDI: Balance of Payments: Current Account. Imports of goods includes change in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. Imports of services includes services provided by non-residents to residents. Primary income represents the return that accrues to institutional units for their contribution to the production process or for the provision of financial assets and renting natural resources to other institutional units. 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.;Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF);Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 2,539.069 2017 | yearly | 1967 - 2017 |
View Barbados's BB: BOP: Current Account: Imports: Goods, Services and Primary Income from 1967 to 2017 in the chart:
BB: BOP: Current Account: Imports: Service: Communications, Computer, etc: % of Service Imports
BB: BOP: Current Account: Imports: Service: Communications, Computer, etc: % of Service Imports data was reported at 70.532 % in 2017. This records an increase from the previous number of 66.757 % for 2016. BB: BOP: Current Account: Imports: Service: Communications, Computer, etc: % of Service Imports data is updated yearly, averaging 35.999 % from Dec 1967 (Median) to 2017, with 51 observations. The data reached an all-time high of 72.850 % in 2013 and a record low of 23.673 % in 1991. BB: BOP: Current Account: Imports: Service: Communications, Computer, etc: % of Service Imports data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Barbados – Table BB.World Bank.WDI: Balance of Payments: Current Account. Communications, computer, information, and other services cover international telecommunications; computer data; news-related service transactions between residents and nonresidents; construction services; royalties and license fees; miscellaneous business, professional, and technical services; personal, cultural, and recreational services; manufacturing services on physical inputs owned by others; and maintenance and repair services and government services not included elsewhere.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;Weighted average;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 70.532 2017 | yearly | 1967 - 2017 |
View Barbados's BB: BOP: Current Account: Imports: Service: Communications, Computer, etc: % of Service Imports from 1967 to 2017 in the chart:
BB: BOP: Current Account: Imports: Service: Insurance and Financial Services: % of Service Imports
BB: BOP: Current Account: Imports: Service: Insurance and Financial Services: % of Service Imports data was reported at 6.275 % in 2017. This records a decrease from the previous number of 10.097 % for 2016. BB: BOP: Current Account: Imports: Service: Insurance and Financial Services: % of Service Imports data is updated yearly, averaging 5.050 % from Dec 1967 (Median) to 2017, with 51 observations. The data reached an all-time high of 10.121 % in 2000 and a record low of 1.301 % in 1979. BB: BOP: Current Account: Imports: Service: Insurance and Financial Services: % of Service Imports data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Barbados – Table BB.World Bank.WDI: Balance of Payments: Current Account. Insurance and financial services cover various types of insurance provided to nonresidents by resident insurance enterprises and vice versa, and financial intermediary and auxiliary services (except those of insurance enterprises and pension funds) exchanged between residents and nonresidents.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;Weighted average;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 6.275 2017 | yearly | 1967 - 2017 |
View Barbados's BB: BOP: Current Account: Imports: Service: Insurance and Financial Services: % of Service Imports from 1967 to 2017 in the chart:
BB: BOP: Current Account: Imports: Service: Transport: % of Service Imports
BB: BOP: Current Account: Imports: Service: Transport: % of Service Imports data was reported at 15.746 % in 2017. This records an increase from the previous number of 15.467 % for 2016. BB: BOP: Current Account: Imports: Service: Transport: % of Service Imports data is updated yearly, averaging 31.827 % from Dec 1967 (Median) to 2017, with 51 observations. The data reached an all-time high of 55.887 % in 1979 and a record low of 14.245 % in 2013. BB: BOP: Current Account: Imports: Service: Transport: % of Service Imports data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Barbados – Table BB.World Bank.WDI: Balance of Payments: Current Account. Transport covers all transport services (sea, air, land, internal waterway, pipeline, space and electricity transmission) performed by residents of one economy for those of another and involving the carriage of passengers, the movement of goods (freight), rental of carriers with crew, and related support and auxiliary services. Also included are postal and courier services. Excluded are freight insurance (included in insurance services); goods procured in ports by nonresident carriers (included in goods); maintenance and repairs on transport equipment (included in maintenance and repair services n.i.e.); and repairs of railway facilities, harbors, and airfield facilities (included in construction).;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;Weighted average;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 15.771 2016 | yearly | 1967 - 2016 |
View Barbados's BB: BOP: Current Account: Imports: Service: Transport: % of Service Imports from 1967 to 2016 in the chart:
BB: BOP: Current Account: Imports: Service: Travel: % of Service Imports
BB: BOP: Current Account: Imports: Service: Travel: % of Service Imports data was reported at 7.447 % in 2017. This records a decrease from the previous number of 7.679 % for 2016. BB: BOP: Current Account: Imports: Service: Travel: % of Service Imports data is updated yearly, averaging 17.538 % from Dec 1967 (Median) to 2017, with 51 observations. The data reached an all-time high of 30.097 % in 1991 and a record low of 7.132 % in 2014. BB: BOP: Current Account: Imports: Service: Travel: % of Service Imports data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Barbados – Table BB.World Bank.WDI: Balance of Payments: Current Account. Travel covers goods and services acquired from an economy by travelers for their own use during visits of less than one year in that economy for either business or personal purposes. Travel includes local transport (i.e., transport within the economy being visited and provided by a resident of that economy), but excludes international transport (which is included in passenger transport. Travel also excludes goods for resale, which are included in general merchandise.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;Weighted average;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 7.447 2017 | yearly | 1967 - 2017 |
View Barbados's BB: BOP: Current Account: Imports: Service: Travel: % of Service Imports from 1967 to 2017 in the chart:
BB: BOP: Current Account: Net Trade: Goods and Services
BB: BOP: Current Account: Net Trade: Goods and Services data was reported at 15.071 USD mn in 2017. This records a decrease from the previous number of 171.900 USD mn for 2016. BB: BOP: Current Account: Net Trade: Goods and Services data is updated yearly, averaging 158.203 USD mn from Dec 1967 (Median) to 2017, with 51 observations. The data reached an all-time high of 199.454 USD mn in 1996 and a record low of -286.541 USD mn in 2004. BB: BOP: Current Account: Net Trade: Goods and Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Barbados – Table BB.World Bank.WDI: Balance of Payments: Current Account. The balance of international trade in goods and services is the difference between the exports and imports of goods and services. 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.;Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF);;
| Last | Frequency | Range |
|---|---|---|
| 15.071 2017 | yearly | 1967 - 2017 |
View Barbados's BB: BOP: Current Account: Net Trade: Goods and Services from 1967 to 2017 in the chart:
BB: BOP: Current Account: Personal Remittances: Paid
BB: BOP: Current Account: Personal Remittances: Paid data was reported at 48.758 USD mn in 2017. This records a decrease from the previous number of 51.616 USD mn for 2016. BB: BOP: Current Account: Personal Remittances: Paid data is updated yearly, averaging 10.400 USD mn from Dec 1970 (Median) to 2017, with 48 observations. The data reached an all-time high of 63.897 USD mn in 2013 and a record low of 0.100 USD mn in 1976. BB: BOP: Current Account: Personal Remittances: Paid data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Barbados – Table BB.World Bank.WDI: Balance of Payments: Current Account. Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees. Data are in current U.S. dollars.;World Bank staff estimates based on IMF balance of payments data.;Sum;Note: Data starting from 2005 are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6).
| Last | Frequency | Range |
|---|---|---|
| 48.758 2017 | yearly | 1970 - 2017 |
View Barbados's BB: BOP: Current Account: Personal Remittances: Paid from 1970 to 2017 in the chart:
BB: BOP: Current Account: Personal Remittances: Received
BB: BOP: Current Account: Personal Remittances: Received data was reported at 85.176 USD mn in 2024. This stayed constant from the previous number of 85.176 USD mn for 2023. BB: BOP: Current Account: Personal Remittances: Received data is updated yearly, averaging 77.000 USD mn from Dec 1970 (Median) to 2024, with 55 observations. The data reached an all-time high of 198.038 USD mn in 2015 and a record low of 4.400 USD mn in 1970. BB: BOP: Current Account: Personal Remittances: Received data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Barbados – Table BB.World Bank.WDI: Balance of Payments: Current Account. Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees. Data are in current U.S. dollars.;IMF balance of payments data, International Monetary Fund (IMF); Staff estimates, World Bank (WB);Sum;
| Last | Frequency | Range |
|---|---|---|
| 85.176 2024 | yearly | 1970 - 2024 |
View Barbados's BB: BOP: Current Account: Personal Remittances: Received from 1970 to 2024 in the chart:
BB: BOP: Current Account: Personal Remittances: Received: % of GDP
BB: BOP: Current Account: Personal Remittances: Received: % of GDP data was reported at 1.136 % in 2024. This records a decrease from the previous number of 1.179 % for 2023. BB: BOP: Current Account: Personal Remittances: Received: % of GDP data is updated yearly, averaging 3.082 % from Dec 1970 (Median) to 2024, with 55 observations. The data reached an all-time high of 4.254 % in 2001 and a record low of 0.578 % in 1985. BB: BOP: Current Account: Personal Remittances: Received: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Barbados – Table BB.World Bank.WDI: Balance of Payments: Current Account. Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees.;Staff estimates, World Bank (WB); IMF balance of payments data, International Monetary Fund (IMF); World Bank GDP estimates, World Bank (WB); OECD GDP estimates, Organisation for Economic Co-operation and Development (OECD);Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 1.136 2024 | yearly | 1970 - 2024 |
View Barbados's BB: BOP: Current Account: Personal Remittances: Received: % of GDP from 1970 to 2024 in the chart:
BB: BOP: Current Account: Secondary Income: Net
BB: BOP: Current Account: Secondary Income: Net data was reported at -58.395 USD mn in 2017. This records a decrease from the previous number of -42.255 USD mn for 2016. BB: BOP: Current Account: Secondary Income: Net data is updated yearly, averaging 26.622 USD mn from Dec 1967 (Median) to 2017, with 51 observations. The data reached an all-time high of 72.873 USD mn in 2003 and a record low of -82.783 USD mn in 2008. BB: BOP: Current Account: Secondary Income: Net data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Barbados – Table BB.World Bank.WDI: Balance of Payments: Current Account. Net secondary income (from abroad) comprises transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net secondary income is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. 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.;Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF);;
| Last | Frequency | Range |
|---|---|---|
| -58.395 2017 | yearly | 1967 - 2017 |
View Barbados's BB: BOP: Current Account: Secondary Income: Net from 1967 to 2017 in the chart:
BB: BOP: Current Account: Secondary Income: Other Sectors: Payments
BB: BOP: Current Account: Secondary Income: Other Sectors: Payments data was reported at 87.469 USD mn in 2017. This records a decrease from the previous number of 180.716 USD mn for 2016. BB: BOP: Current Account: Secondary Income: Other Sectors: Payments data is updated yearly, averaging 40.480 USD mn from Dec 1967 (Median) to 2017, with 51 observations. The data reached an all-time high of 240.667 USD mn in 2005 and a record low of 0.815 USD mn in 1967. BB: BOP: Current Account: Secondary Income: Other Sectors: Payments data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Barbados – Table BB.World Bank.WDI: Balance of Payments: Current Account. Secondary income refers to transfers recorded in the balance of payments whenever an economy provides or receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. 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.;Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF);Sum;
| Last | Frequency | Range |
|---|---|---|
| 87.469 2017 | yearly | 1967 - 2017 |
View Barbados's BB: BOP: Current Account: Secondary Income: Other Sectors: Payments from 1967 to 2017 in the chart:
BB: BOP: Current Account: Secondary Income: Receipts
BB: BOP: Current Account: Secondary Income: Receipts data was reported at 52.501 USD mn in 2017. This records a decrease from the previous number of 159.085 USD mn for 2016. BB: BOP: Current Account: Secondary Income: Receipts data is updated yearly, averaging 72.402 USD mn from Dec 1967 (Median) to 2017, with 51 observations. The data reached an all-time high of 216.521 USD mn in 2015 and a record low of 4.993 USD mn in 1967. BB: BOP: Current Account: Secondary Income: Receipts data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Barbados – Table BB.World Bank.WDI: Balance of Payments: Current Account. Secondary income refers to transfers recorded in the balance of payments whenever an economy provides or receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. 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.;Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF);Sum;
| Last | Frequency | Range |
|---|---|---|
| 52.501 2017 | yearly | 1967 - 2017 |
View Barbados's BB: BOP: Current Account: Secondary Income: Receipts from 1967 to 2017 in the chart:
BB: BOP: Current Account: Trade in Services: % of GDP
BB: BOP: Current Account: Trade in Services: % of GDP data was reported at 38.884 % in 2017. This records an increase from the previous number of 37.454 % for 2016. BB: BOP: Current Account: Trade in Services: % of GDP data is updated yearly, averaging 39.059 % from Dec 1967 (Median) to 2017, with 51 observations. The data reached an all-time high of 55.112 % in 1972 and a record low of 31.202 % in 2012. BB: BOP: Current Account: Trade in Services: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Barbados – Table BB.World Bank.WDI: Balance of Payments: Current Account. Total trade in services includes services provided by residents to non-residents plus services provided by non-residents to residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.;Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF); World Development Indicators Database, World Bank (WB); National Accounts data files, Organisation for Economic Co-operation and Development (OECD);Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 38.884 2017 | yearly | 1967 - 2017 |