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|
October 2011 |
|
|
| Barbados |
|
|
| |
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| BASIC
INDICATORS |
|
|
|
|
|
|
|
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|
|
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Population
(thousands, 2010) |
|
273 |
|
Rank in world trade,
2010 |
Exports |
Imports |
|
|
| GDP (million
current US$, 2010) |
|
3 203 |
|
Merchandise |
|
|
161 |
155 |
|
|
| GDP (million
current PPP US$, 2009) |
|
5 251 |
|
excluding intra-EU trade |
135 |
129 |
|
|
| Current
account balance (million US$, 2009) |
- 302 |
|
Commercial services |
|
100 |
148 |
|
|
| Trade per
capita (US$, 2008-2010) |
|
14 085 |
|
excluding intra-EU trade |
74 |
122 |
|
|
| Trade to GDP
ratio (2008-2010) |
|
110.1 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Annual percentage change |
|
|
|
|
|
|
|
2009 |
|
2005-2009 |
2008 |
2009 |
|
|
|
|
|
|
|
|
|
|
|
| Real GDP (2005=100) |
|
99 |
|
0 |
0 |
-5 |
| Exports of
goods and services (volume, 2005=100) |
... |
|
... |
... |
... |
|
|
| Imports of
goods and services (volume, 2005=100) |
... |
|
... |
... |
... |
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| TRADE POLICY |
|
|
|
|
|
|
|
|
|
|
|
|
|
| WTO accession |
1 January 1995 |
|
Contribution to WTO budget (%, 2011) |
0.015 |
|
|
| Trade Policy
Review |
17, 19 September 2008 |
|
Import duties collected (%,
2003-2004) |
|
|
|
| GPA
accession |
- |
|
in total tax revenue |
|
|
10.6 |
|
|
| Tariffs and
duty free imports |
|
|
|
to total imports |
|
|
|
5.4 |
|
|
| Tariff binding
coverage (%) |
|
97.8 |
|
Number of notifications to WTO and measures in
force |
|
|
| MFN tariffs |
|
|
Final bound |
Applied 2007 |
|
Outstanding notifications in WTO Central
Registry |
39 |
|
|
| Simple average
of import duties |
|
|
|
Goods RTAs - services EIAs notified to WTO |
2 - 2 |
|
|
| All goods |
|
|
78.1 |
13.5 |
|
Anti-dumping (30 June 2010) |
|
... |
|
|
| Agricultural
goods (AOA) |
110.8 |
31.0 |
|
Countervailing duties (30 June 2010) |
|
... |
|
|
| Non-agricultural
goods |
73.0 |
10.8 |
|
Safeguards (22 October 2010) |
|
0 |
|
|
| Non ad-valorem duties (% total tariff lines) |
0.0 |
0.5 |
|
Number of disputes
(complainant - defendant) |
|
|
| MFN duty free
imports (%, 2007) |
|
|
|
Requests for consultation |
0 - 0 |
|
|
| in
agricultural goods (AOA) |
12.4 |
|
Original panel / Appellate Body (AB) reports |
0 - 0 |
|
|
| in
non-agricultural goods |
4.0 |
|
Compliance panel / AB reports (Article 21.5 DSU) |
0 - 0 |
|
|
| Services
sectors with GATS commitments |
21 |
|
Arbitration awards (Article
22.6 DSU) |
|
0 - 0 |
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| MERCHANDISE
TRADE |
|
|
Value |
|
Annual percentage change |
|
|
|
|
|
|
|
2010 |
|
2005-2010 |
2009 |
2010 |
|
|
| Merchandise exports, f.o.b. (million US$) |
429 |
|
4 |
-22 |
13 |
|
|
| Merchandise imports, c.i.f. (million US$) |
1 569 |
|
0 |
-25 |
8 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2010 |
|
|
|
|
|
2010 |
|
|
| Share in world total exports |
0.00 |
|
Share in world total imports |
0.01 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Breakdown in
economy's total exports |
|
|
Breakdown in economy's total imports |
|
|
|
| By main commodity group (ITS) |
|
|
By main
commodity group (ITS) |
|
|
|
| Agricultural
products |
|
|
21.4 |
|
Agricultural products |
|
|
20.3 |
|
|
| Fuels and
mining products |
|
0.6 |
|
Fuels and mining products |
|
2.1 |
|
|
| Manufactures |
|
|
|
50.4 |
|
Manufactures |
|
|
|
53.4 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| By main destination |
|
|
By main
origin |
|
|
|
| 1. United
States |
|
|
24.9 |
|
1. United States |
|
|
43.9 |
|
|
| 2. European
Union (27) |
|
|
20.4 |
|
2. European Union (27) |
|
|
15.0 |
|
|
| 3. Trinidad
and Tobago |
|
|
8.4 |
|
3. Trinidad and Tobago |
|
|
7.2 |
|
|
| 4. Saint Lucia |
|
|
|
5.8 |
|
4. China |
|
|
|
4.8 |
|
|
| 5. Jamaica |
|
|
|
|
5.6 |
|
5. Canada |
|
|
|
4.4 |
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| COMMERCIAL
SERVICES TRADE |
|
Value |
|
Annual percentage change |
|
|
|
|
|
|
|
2010 |
|
2005-2010 |
|
2009 |
2010 |
|
|
| Commercial services exports (million US$) |
1 420 |
|
2 |
-9 |
2 |
|
|
| Commercial services imports (million US$) |
546 |
|
-3 |
-8 |
0 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2010 a |
|
|
|
|
|
2010 a |
|
|
| Share in world total exports |
0.04 |
|
Share in world total imports |
0.02 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Breakdown in
economy's total exports |
|
|
Breakdown in economy's total imports |
|
|
|
| By principal services item |
|
|
By
principal services item |
|
|
|
|
| Transportation |
|
2.9 |
|
Transportation |
|
26.4 |
|
|
| Travel |
|
77.1 |
|
Travel |
|
12.9 |
|
|
| Other
commercial services |
|
20.0 |
|
Other commercial services |
|
60.7 |
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| INDUSTRIAL
PROPERTY |
|
|
|
|
|
|
|
|
|
|
| Patent grants
by patent office, 1999 |
|
Trademark registrations by office, 1999 |
|
|
| Residents |
Non-residents |
Total |
|
Direct residents |
Direct non-residents |
Madrid |
Total |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ... |
3 |
3 |
|
50 |
701 |
... |
751 |
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| a Breakdowns by services items refer to 2009. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|