Trade balance in low carbon technology products, Percent of GDP in Barbados
Barbados: Trade balance in low carbon technology products, Percent of GDP was -1.73 in 2024. ▼ Falling
Trade balance in low carbon technology products, Percent of GDP in Barbados, 1997–2024
Source: International Monetary Fund.
Analysis
Barbados recorded -1.73 for trade balance in low carbon technology products, percent of gdp in 2024.
Compared with earlier readings it is up 1.7% on the previous year and down 163.6% over ten years.
Over the whole period, trade balance in low carbon technology products, percent of gdp in Barbados peaked at -0.1608 in 2009 and was at its lowest, -1.76, in 2023.
That places Barbados 160th out of 177 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 28 years of available data.
Trade balance in low carbon technology products, Percent of GDP in Barbados, year by year
| Year | Value | Change |
|---|---|---|
| 1997 | -0.58 | — |
| 1998 | -0.5743 | -1.0% |
| 1999 | -0.8134 | +41.6% |
| 2000 | -0.6401 | -21.3% |
| 2001 | -0.9311 | +45.5% |
| 2002 | -0.7618 | -18.2% |
| 2003 | -0.6577 | -13.7% |
| 2004 | -0.5664 | -13.9% |
| 2005 | -0.6766 | +19.5% |
| 2006 | -0.6499 | -3.9% |
| 2007 | -0.6709 | +3.2% |
| 2008 | -0.4034 | -39.9% |
| 2009 | -0.1608 | -60.1% |
| 2010 | -0.5072 | +215.4% |
| 2011 | -0.8319 | +64.0% |
| 2012 | -0.6168 | -25.9% |
| 2013 | -0.6798 | +10.2% |
| 2014 | -0.6574 | -3.3% |
| 2015 | -0.7971 | +21.3% |
| 2016 | -0.763 | -4.3% |
| 2017 | -0.7259 | -4.9% |
| 2018 | -0.6907 | -4.9% |
| 2019 | -0.8203 | +18.8% |
| 2020 | -1.36 | +66.2% |
| 2021 | -1.37 | +0.4% |
| 2022 | -1.25 | -8.7% |
| 2023 | -1.76 | +41.1% |
| 2024 | -1.73 | -1.7% |
Barbados compared with similar countries
- Barbados's -1.73 is below the median for high income countries, which is -0.5764, 3.0× the median. (62 countries reporting)
- Barbados's -1.73 is below the median for Latin America & Caribbean, which is -0.9148, 1.9× the median. (31 countries reporting)
Biggest year-on-year movements
Years where Trade balance in low carbon technology products, Percent of GDP in Barbados changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2010 | -215.4% | -0.1608 | -0.5072 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -0.6559 | -0.8134 | -0.5743 | 3 |
| 2000s | -0.6119 | -0.9311 | -0.1608 | 10 |
| 2010s | -0.709 | -0.8319 | -0.5072 | 10 |
| 2020s | -1.5 | -1.76 | -1.25 | 5 |
Countries ranked near Barbados
More trade data for Barbados
- Commodity Net Export Price Index, Individual Commodities Weighted by 116.96 (2025)
- Commodity Net Export Price Index, Individual Commodities Weighted by 101.56 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 99.46 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 72.61 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 97.93 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 76.72 (2025)
- Imports of low carbon technology products, Percent of GDP 1.86 (2024)
- Imports of low carbon technology products, US dollar (World), per 472.31 units per person (2024)
- Imports of low carbon technology products, US dollar (World), per 0.0176 units per US$ of GDP (2024)
- Exports of low carbon technology products, US dollar (World), gaps 9.20 million (2024)
Frequently asked questions
- What is trade balance in low carbon technology products, percent of gdp in Barbados?
- Trade balance in low carbon technology products, percent of gdp in Barbados was -1.73 in 2024, according to International Monetary Fund.
- What is the highest trade balance in low carbon technology products, percent of gdp recorded in Barbados?
- The highest recorded value was -0.1608 in 2009.
- What is the lowest trade balance in low carbon technology products, percent of gdp recorded in Barbados?
- The lowest recorded value was -1.76 in 2023.
- How does Barbados rank for trade balance in low carbon technology products, percent of gdp?
- Barbados ranks 160th out of 177 countries with data for 2024.
- Is trade balance in low carbon technology products, percent of gdp rising or falling in Barbados?
- Over the last ten years it is down 163.6%. The long-run trend across the full record is falling.
- Where does this Barbados data come from?
- The figures come from International Monetary Fund, published as part of Trade balance in low carbon technology products, Percent of GDP (World). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 28 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
This dataset provides information on the bilateral trade flows of low-carbon technology products, as well as country and world aggregates . Low carbon technology products produce less pollution than their traditional energy counterparts, and will play a vital role in the transition to a low carbon economy. Low carbon technologies include mechanics like wind turbines, solar panels, biomass systems and carbon capture equipment.