Merchandise trade (% of GDP) — all countries

Merchandise trade (% of GDP) — Barbados

Merchandise trade (% of GDP) in Barbados in 2025 — 33.14%. Ranked 159 in the world out of 189. Since 1960, the indicator has fallen by 58.08 pp.

2025 33.14% −1.27 pp vs 2024
World rank 159of 189
Period maximum 103.36%1966
Period minimum 32.84%2019

Trend over time

1960–2025 · % of GDP

Merchandise trade (% of GDP) — Barbados, 1960–202505010015019601967197419811988199520022009201620231960: 91.23%1962: 91.23%1964: 99.75%1966: 103.36%1968: 98.62%1970: 95.06%1972: 86.56%1974: 93.01%1976: 74.1%1978: 80.49%1980: 74.09%1982: 69.42%1984: 77.73%1986: 55.69%1988: 41.65%1990: 45.72%1992: 36.54%1994: 37.05%1996: 47.13%1998: 44.8%2000: 46.67%2002: 41.24%2004: 49.09%2006: 52.33%2008: 50.27%2010: 36.8%2012: 42.74%2014: 38.93%2016: 37.66%2018: 33.76%2020: 34.09%2022: 38.47%2024: 34.42%2025: 33.14%
Change over the period: −58.08 pp Annual average: -0.89 pp

Comparison, 2025

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

Barbados 33.14%
World 43.89%
High-income countries computed 44.15%
Merchandise trade (% of GDP) — Barbados, by year Barbados All countries CSV XLSX
Year % Change, pp
2025 33.14 −1.27 pp
2024 34.42 −1.37 pp
2023 35.79 −2.68 pp
2022 38.47 +4.44 pp
2021 34.02 −0.07 pp
2020 34.09 +1.25 pp
2019 32.84 −0.92 pp
2018 33.76 −1.9 pp
2017 35.66 −2.01 pp
2016 37.66 +0.8 pp
2015 36.86 −2.07 pp
2014 38.93 −0.22 pp
2013 39.15 −3.59 pp
2012 42.74 +1.76 pp
2011 40.98 +4.18 pp
2010 36.8 −4.12 pp
2009 40.92 −9.34 pp
2008 50.27 +1.72 pp
2007 48.55 −3.78 pp
2006 52.33 +0.94 pp
2005 51.39 +2.3 pp
2004 49.09 +4.07 pp
2003 45.02 +3.79 pp
2002 41.24 −2.83 pp
2001 44.07 −2.61 pp
2000 46.67 +0.19 pp
1999 46.48 +1.68 pp
1998 44.8 −6.39 pp
1997 51.19 +4.06 pp
1996 47.13 +1.57 pp
1995 45.56 +8.51 pp
1994 37.05 +0.02 pp
1993 37.03 +0.49 pp
1992 36.54 −8.3 pp
1991 44.84 −0.88 pp
1990 45.72 +2.9 pp
1989 42.82 +1.17 pp
1988 41.65 +2.4 pp
1987 39.25 −16.44 pp
1986 55.69 −12.34 pp
1985 68.04 −9.7 pp
1984 77.73 +1.93 pp
1983 75.81 +6.39 pp
1982 69.42 +0.67 pp
1981 68.75 −5.34 pp
1980 74.09 −11.98 pp
1979 86.07 +5.59 pp
1978 80.49 +5.75 pp
1977 74.73 +0.64 pp
1976 74.1 −6.46 pp
1975 80.56 −12.45 pp
1974 93.01 +7.87 pp
1973 85.13 −1.43 pp
1972 86.56 −1.76 pp
1971 88.32 −6.74 pp
1970 95.06 +0.29 pp
1969 94.77 −3.85 pp
1968 98.62 +4.64 pp
1967 93.98 −9.38 pp
1966 103.36 +3.38 pp
1965 99.98 +0.23 pp
1964 99.75 +0.64 pp
1963 99.11 +7.87 pp
1962 91.23 +6.89 pp
1961 84.34 −6.88 pp
1960 91.23

About the indicator

The sum of exports and imports of goods as a percent of GDP. It differs from trade openness in that services are not counted here, and the difference between the two indicators is exactly what shows the weight of services in a country's foreign trade. The highest values come not from large exporters but from transshipment economies — Singapore, Hong Kong, Luxembourg — where goods are brought in to be sent out again, and both flows are counted in full.

Important: Goods only. The value can exceed 100% of GDP: exports and imports are counted at the full value of the goods while GDP is counted as value added, so in transshipment economies the values run to several hundred percent.

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