High-technology exports — all countries

High-technology exports — Barbados

High-technology exports in Barbados in 2024 — 18,924,402 US$. Ranked 96 in the world out of 126. Since 2019, the indicator has fallen by 36.4%.

2024 18.92M US$ +14.49% vs 2023
World rank 96of 126
Period maximum 29.76M US$2019
Period minimum 16.53M US$2023

Trend over time

2019–2024 · US$

High-technology exports — Barbados, 2019–202415M20M25M30M2019202020212022202320242019: 29,763,464 US$2020: 25,313,814 US$2021: 19,196,509 US$2022: 18,830,529 US$2023: 16,529,186 US$2024: 18,924,402 US$
Change over the period: −10.84M (−36.42%) Average annual rate: -8.66 %

Comparison, 2024

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

Barbados 18.92M US$
High-income countries computed 2.41T US$
High-technology exports — Barbados, by year Barbados All countries CSV XLSX
Year US$ Change Change, %
2024 18.92M +2.4M +14.49%
2023 16.53M −2.3M −12.22%
2022 18.83M −365,980 −1.91%
2021 19.2M −6.12M −24.17%
2020 25.31M −4.45M −14.95%
2019 29.76M

About the indicator

Exports of research-intensive products: aerospace equipment, computers, pharmaceuticals, scientific instruments, electrical machinery. The classification rests on the share of research spending in the value of an industry's output rather than on the sophistication of the item — which is why pharmaceuticals make the list and, say, automobile manufacturing does not.

Important: It is measured by the value of the goods crossing the border, not by the value added inside the country. For countries that assemble electronics from imported parts the figure is well above their actual contribution.

Source: World Development Indicators (World Bank), license CC BY 4.0.