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Economy > Balance of payments > Current account Stats: compare key data on Barbados & Canada

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Definitions

  • Balances > Current account balance > % of GDP: Current account balance is the sum of net exports of goods, services, net income, and net current transfers."
  • Balances > Current account balance > Current US$: Current account balance is the sum of net exports of goods, services, net income, and net current transfers. Data are in current U.S. dollars."
  • Balances > Net trade in goods > US$: Net trade in goods is the difference between exports and imports of goods. The category includes goods previously included in services: goods received or sent for processing and their subsequent export or import in the form of processed goods, repairs on goods, and goods procured in ports by carriers. Trade in services is not included. Data are in current U.S. dollars."
  • Balances > Net trade in goods and services > Current US$: Net trade in goods and services is derived by offsetting imports of goods and services against exports of goods and services. Exports and imports of goods and services comprise all transactions involving a change of ownership of goods and services between residents of one country and the rest of the world. Data are in current U.S. dollars.
  • Goods > Services and income > Communications > Computer > Etc. > % of ser: Communications, computer, information, and other services (% of service exports, BoP) cover international telecommunications and postal and courier services; computer data; news-related service transactions between residents and nonresidents; construction services; royalties and license fees; miscellaneous business, professional, and technical services; personal, cultural, and recreational services; and government services not included elsewhere. Service exports refer to economic output of intangible commodities that may be produced, transferred, and consumed at the same time. International transactions in services are defined by the IMF's Balance of Payments Manual (1993), but definitions may nevertheless vary among reporting economies."
  • Goods > Services and income > Exports > Goods and services > Current U: Exports of goods and services comprise all transactions between residents of a country and the rest of the world involving a change of ownership from residents to nonresidents of general merchandise, goods sent for processing and repairs, nonmonetary gold, and services. Data are in current U.S. dollars."
  • Goods > Services and income > Exports of goods > Services > Income and wo: Exports of goods and services are the total value of goods and services exported as well as income and workers' remittances received. Workers' remittances include compensation of employees. Data are in current U.S. dollars.
  • Goods > Services and income > Exports of goods > Services and income: Exports of goods, services and income is the sum of goods (merchandise) exports, exports of (nonfactor) services and income (factor) receipts. Data are in current U.S. dollars."
  • Goods > Services and income > Goods > Exports > Current US$: Goods exports refer to all movable goods (including nonmonetary gold) involved in a change of ownership from residents to nonresidents. The category includes goods previously included in services: goods received or sent for processing and their subsequent export or import in the form of processed goods, repairs on goods, and goods procured in ports by carriers. Data are in current U.S. dollars."
  • Goods > Services and income > Imports > Goods and services > Current : Imports of goods and services comprise all transactions between residents of a country and the rest of the world involving a change of ownership from nonresidents to residents of general merchandise, goods sent for processing and repairs, nonmonetary gold, and services. Data are in current U.S. dollars."
  • Goods > Services and income > Income receipts > BoP > Current US$: Income receipts refer to employee compensation paid to resident workers working abroad and investment income (receipts on direct investment, portfolio investment, other investments, and receipts on reserve assets). Income derived from the use of intangible assets is excluded from income and recorded under business services. Data are in current U.S. dollars."
  • Goods > Services and income > Royalty and license fees > Receipts > BoP,: Royalty and license fees are payments and receipts between residents and nonresidents for the authorized use of intangible, nonproduced, nonfinancial assets and proprietary rights (such as patents, copyrights, trademarks, industrial processes, and franchises) and for the use, through licensing agreements, of produced originals of prototypes (such as films and manuscripts). Data are in current U.S. dollars."
  • Goods > Services and income > Salary and investment income to foreigner: Income payments refer to employee compensation paid to nonresident workers and investment income (payments on direct investment, portfolio investment, other investments). Income derived from the use of intangible assets is excluded from income and recorded under business services. Data are in current U.S. dollars."
  • Transfers > Current transfers > Receipts > BoP > Current US$: Current transfers (receipts) are recorded in the balance of payments whenever an economy receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. Data are in current U.S. dollars."
  • Transfers > Net current transfers > BoP > Current US$: Net current transfers are recorded in the balance of payments whenever an economy provides or receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. Data are in current U.S. dollars."
STAT Barbados Canada HISTORY
Balances > Current account balance > % of GDP -8.4%
Ranked 100th. 3 times more than Canada
-2.87%
Ranked 69th.

Balances > Current account balance > Current US$ $-301,932,252.50
Ranked 74th.
$-38,379,665,052.08
Ranked 138th. 127 times more than Barbados

Balances > Net trade in goods > US$ $-912,817,980.36
Ranked 77th.
$-4,246,119,106.67
Ranked 113th. 5 times more than Barbados

Balances > Net trade in goods and services > Current US$ $-101,052,623.56
Ranked 55th.
$-23,896,195,302.00
Ranked 136th. 236 times more than Barbados

Goods > Services and income > Communications > Computer > Etc. > % of ser 13.79%
Ranked 120th.
51.35%
Ranked 28th. 4 times more than Barbados

Goods > Services and income > Exports > Goods and services > Current U $1.80 billion
Ranked 113th.
$383.76 billion
Ranked 10th. 214 times more than Barbados

Goods > Services and income > Exports of goods > Services > Income and wo $2.10 billion
Ranked 117th.
$434.27 billion
Ranked 10th. 207 times more than Barbados

Goods > Services and income > Exports of goods > Services and income $2.04 billion
Ranked 115th.
$434.27 billion
Ranked 10th. 213 times more than Barbados

Goods > Services and income > Goods > Exports > Current US$ $381.04 million
Ranked 125th.
$324.68 billion
Ranked 10th. 852 times more than Barbados

Goods > Services and income > Imports > Goods and services > Current $1.90 billion
Ranked 119th.
$407.65 billion
Ranked 10th. 215 times more than Barbados

Goods > Services and income > Income receipts > BoP > Current US$ $242.58 million
Ranked 90th.
$50.51 billion
Ranked 16th. 208 times more than Barbados

Goods > Services and income > Royalty and license fees > Receipts > BoP, $2.52 million
Ranked 67th.
$3.22 billion
Ranked 9th. 1276 times more than Barbados

Goods > Services and income > Salary and investment income to foreigner 450.66 million
Ranked 94th.
63.1 billion
Ranked 15th. 140 times more than Barbados

Transfers > Current transfers > Receipts > BoP > Current US$ $86.36 million
Ranked 123th.
$7.50 billion
Ranked 25th. 87 times more than Barbados

Transfers > Net current transfers > BoP > Current US$ $7.20 million
Ranked 101st.
$-1,892,369,899.67
Ranked 120th.

SOURCES: International Monetary Fund, Balance of Payments Statistics Yearbook and data files, and World Bank and OECD GDP estimates.; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; x

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