Barbados vs IDA & IBRD total: Services, value added
Services, value added over time
- Barbados
- IDA & IBRD total
How they compare
Barbados currently reports 75.8% against 57.8% in IDA & IBRD total, a difference of 18.0%.
That makes Barbados's figure about 1.3 times IDA & IBRD total's.
Across all 50 years both countries report, Barbados has been ahead every year.
Barbados ranks 18th and IDA & IBRD total ranks 21st of 206 countries.
Barbados has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Barbados | IDA & IBRD total | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 50.3% | 44.9% | 5.4% | Barbados |
| 1980s | 44.1% | 41.3% | 2.7% | Barbados |
| 1990s | 71.4% | 49.1% | 22.3% | Barbados |
| 2000s | 72.4% | 50.6% | 21.8% | Barbados |
| 2010s | 74.9% | 53.8% | 21.0% | Barbados |
| 2020s | 75.1% | 56.1% | 19.0% | Barbados |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher services, value added, Barbados or IDA & IBRD total?
- Barbados, at 75.8% against 57.8% in IDA & IBRD total as of 2024.
- What is the difference in services, value added between Barbados and IDA & IBRD total?
- 18.0%, with Barbados ahead.
- How many years of comparable data are there for Barbados and IDA & IBRD total?
- 50 years are reported by both, from 1975 to 2024.
- How do Barbados and IDA & IBRD total rank globally for services, value added?
- Barbados ranks 18th and IDA & IBRD total ranks 21st of 206 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.