Barbados vs IBRD only: Services, value added
Services, value added over time
- Barbados
- IBRD only
How they compare
Barbados currently reports 75.8% against 58.6% in IBRD only, a difference of 17.2%.
That makes Barbados's figure about 1.3 times IBRD only's.
Across all 50 years both countries report, Barbados has been ahead every year.
Barbados ranks 17th and IBRD only ranks 16th of 204 countries.
Barbados has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Barbados | IBRD only | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 50.3% | 43.4% | 7.0% | Barbados |
| 1980s | 44.1% | 41.1% | 3.0% | Barbados |
| 1990s | 71.4% | 49.8% | 21.6% | Barbados |
| 2000s | 72.4% | 50.9% | 21.5% | Barbados |
| 2010s | 74.9% | 54.2% | 20.7% | Barbados |
| 2020s | 75.1% | 56.8% | 18.3% | Barbados |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher services, value added, Barbados or IBRD only?
- Barbados, at 75.8% against 58.6% in IBRD only as of 2024.
- What is the difference in services, value added between Barbados and IBRD only?
- 17.2%, with Barbados ahead.
- How many years of comparable data are there for Barbados and IBRD only?
- 50 years are reported by both, from 1975 to 2024.
- How do Barbados and IBRD only rank globally for services, value added?
- Barbados ranks 17th and IBRD only ranks 16th of 204 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Services, value added (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.