Barbados: Merchandise exports to high-income economies (% of total merchandise exports)
In , Barbados's Merchandise exports to high-income economies (% of total merchandise exports) was 69.40.
That's up 2.5% from 2022, the highest value since .
The global average for this indicator in 2023 was 60.91 . Barbados ranks #89 globally out of 205 reporting countries. Within Latin America & Caribbean, it ranks #17 of 36.
Source: World Bank Open Data (TX.VAL.MRCH.HI.ZS) • Data as of 2023
Trend (2004–2023)
- 2008 · Global financial crisis
- 2020 · COVID-19 pandemic
- 2014 · Oil price collapse
- 2022 · Russia–Ukraine war begins
Highlights
- Peak
- 79.82
- Trough
- 63.59
- 1-year change
- +2.5%
- 5-year change
- -4.7%
- -1.0% / yr
- 10-year change
- -3.5%
- -0.4% / yr
Historical Data — Last 10 Years
| Year | Merchandise exports to high-income economies (% of total merchandise exports) |
|---|---|
| 69.3972 | |
| 67.6768 | |
| 68.2350 | |
| 63.5867 | |
| 70.9982 | |
| 72.8445 | |
| 75.0922 | |
| 73.5349 | |
| 75.9886 | |
| 72.5640 |
About Merchandise exports to high-income economies (% of total merchandise exports)
Merchandise exports to high-income economies are the sum of merchandise exports from the reporting economy to high-income economies according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.
Indicator code: TX.VAL.MRCH.HI.ZS • Category: Trade & Finance
Frequently asked questions
- What was Barbados's Merchandise exports to high-income economies (% of total merchandise exports) in 2023?
- In 2023, Barbados's Merchandise exports to high-income economies (% of total merchandise exports) was 69.40, according to World Bank Open Data.
- Is Barbados's Merchandise exports to high-income economies (% of total merchandise exports) rising or falling?
- Barbados's Merchandise exports to high-income economies (% of total merchandise exports) rose 2.5% from 2022 to 2023.
- How does Barbados rank globally on Merchandise exports to high-income economies (% of total merchandise exports)?
- In 2023, Barbados ranked #89 out of 205 countries reporting Merchandise exports to high-income economies (% of total merchandise exports).
- How does Barbados's Merchandise exports to high-income economies (% of total merchandise exports) compare to the world average?
- The global average for Merchandise exports to high-income economies (% of total merchandise exports) in 2023 was 60.91, so Barbados is above the world average. Within Latin America & Caribbean, it ranks #17 of 36.
- What is Merchandise exports to high-income economies (% of total merchandise exports) and how is it measured?
- Merchandise exports to high-income economies are the sum of merchandise exports from the reporting economy to high-income economies according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.
Source: World Bank Open Data (TX.VAL.MRCH.HI.ZS), CC BY 4.0.