Fuel imports (% of merchandise imports) — all countries

Fuel imports (% of merchandise imports) — Barbados

Fuel imports (% of merchandise imports) in Barbados in 2024 — 22.66%. Ranked 22 in the world out of 131. Since 1967, the indicator has risen by 14 pp.

2024 22.66% −2.13 pp vs 2023
World rank 22of 131
Period maximum 30.95%2012
Period minimum 1.27%2004

Trend over time

1967–2024 · % of merchandise imports

Fuel imports (% of merchandise imports) — Barbados, 1967–2024010203040196719731979198519911997200320092015202120241967: 8.66%1968: 9.89%1969: 7.61%1970: 5.54%1971: 6.54%1972: 5.85%1973: 6.64%1974: 15.86%1975: 16.88%1976: 13.01%1977: 13.26%1978: 11.6%1979: 14.06%1980: 15.36%1981: 16%1982: 16.19%1983: 10.03%1984: 13.63%1985: 17.55%1986: 10.24%1987: 10.77%1992: 11.29%1993: 9.74%1994: 8.7%1995: 8.5%1996: 9.89%1997: 8.31%1998: 7.98%1999: 6.16%2000: 11.52%2001: 11.55%2002: 6.27%2003: 15.36%2004: 1.27%2005: 17.15%2006: 18.44%2007: 1.46%2008: 17.84%2009: 13.36%2010: 1.63%2011: 27.28%2012: 30.95%2013: 27.29%2014: 25.55%2015: 18.65%2016: 15.51%2017: 19.57%2018: 23.23%2019: 23.03%2020: 17.29%2021: 20.5%2022: 26.1%2023: 24.8%2024: 22.66%
Change over the period: +14 pp Annual average: 0.25 pp

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Barbados

Barbados 22.66%
World 13.08%
High-income countries computed 11%
Fuel imports (% of merchandise imports) — Barbados, by year Barbados All countries CSV XLSX
Year % Change, pp
2024 22.66 −2.13 pp
2023 24.8 −1.3 pp
2022 26.1 +5.6 pp
2021 20.5 +3.21 pp
2020 17.29 −5.73 pp
2019 23.03 −0.2 pp
2018 23.23 +3.66 pp
2017 19.57 +4.06 pp
2016 15.51 −3.14 pp
2015 18.65 −6.9 pp
2014 25.55 −1.75 pp
2013 27.29 −3.66 pp
2012 30.95 +3.67 pp
2011 27.28 +25.65 pp
2010 1.63 −11.73 pp
2009 13.36 −4.49 pp
2008 17.84 +16.38 pp
2007 1.46 −16.98 pp
2006 18.44 +1.29 pp
2005 17.15 +15.88 pp
2004 1.27 −14.09 pp
2003 15.36 +9.09 pp
2002 6.27 −5.29 pp
2001 11.55 +0.03 pp
2000 11.52 +5.37 pp
1999 6.16 −1.83 pp
1998 7.98 −0.32 pp
1997 8.31 −1.58 pp
1996 9.89 +1.39 pp
1995 8.5 −0.2 pp
1994 8.7 −1.04 pp
1993 9.74 −1.55 pp
1992 11.29
1987 10.77 +0.53 pp
1986 10.24 −7.31 pp
1985 17.55 +3.92 pp
1984 13.63 +3.6 pp
1983 10.03 −6.17 pp
1982 16.19 +0.2 pp
1981 16 +0.64 pp
1980 15.36 +1.3 pp
1979 14.06 +2.46 pp
1978 11.6 −1.66 pp
1977 13.26 +0.24 pp
1976 13.01 −3.87 pp
1975 16.88 +1.02 pp
1974 15.86 +9.22 pp
1973 6.64 +0.79 pp
1972 5.85 −0.69 pp
1971 6.54 +1 pp
1970 5.54 −2.07 pp
1969 7.61 −2.29 pp
1968 9.89 +1.23 pp
1967 8.66

About the indicator

The share of fuel in merchandise imports — the reverse side of fuel dependence. The indicator measures vulnerability to rising energy prices: a country spending a quarter of its imports on fuel loses as much when prices double as an exporter does when they fall. The series reacts visibly to oil shocks, and it shows that in the 1970s the share of fuel in the imports of developed countries rose several times over.

Important: The share is of value, not of volume, so it rises when fuel becomes more expensive even with no change in physical deliveries. The aggregate is weighted by merchandise imports — the denominator of the indicator.

Source: UNCTADstat (UNCTAD), license CC BY 3.0 IGO.