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Barbados Trade Openness

Trade as % of GDP  NE.TRD.GNFS.ZS


Overview

Data & projection

Year Trade Openness YoY change Rank

Detected Pattern

Stagflation Risk
GDP growth below 2% combined with inflation above 8% and rising unemployment. The worst macro combination for policymakers.
Inflation 9.4% GDP growth -0.3% Unemployment 11.2%
Occurred 307 times, 117 successful
Inflation
26.9%
GDP growth
-4.2%
Unemployment
14.6%
Inflation
185.7%
GDP growth
-14.0%
Unemployment
60.8%
Inflation
14.4%
GDP growth
1.1%
Unemployment
9.1%
Inflation
33.9%
GDP growth
-1.5%
Unemployment
17.0%
Inflation
736.1%
GDP growth
1.7%
Unemployment
9.4%
Inflation
13.6%
GDP growth
1.3%
Unemployment
14.1%

Analysis

Barbados matched the Stagflation Risk pattern in 2011. Historically, 38% of countries showing this pattern (117 out of 307) saw trade openness improve within 24 months. View full analysis →

Frequently Asked Questions

What is the World Bank indicator code for trade openness?

The World Bank indicator code is NE.TRD.GNFS.ZS. Data sourced from World Bank.

Cite this page

APA
Barbados Trade Openness. HistorySaid. Retrieved April 2, 2026, from https://historysaid.com/barbados/trade-openness
BibTeX
@misc{historysaid_barbados_trade-openness, title = {Barbados Trade Openness}, url = {https://historysaid.com/barbados/trade-openness}, publisher = {HistorySaid}, year = {2026} }