Barbados vs Middle income: Services, value added
Services, value added over time
- Barbados
- Middle income
How they compare
Barbados currently reports 75.8% against 57.9% in Middle income, a difference of 17.9%.
That makes Barbados's figure about 1.3 times Middle income's.
The two have swapped places 7 times across 50 shared years of data; in 1975 it was Middle income ahead.
Barbados ranks 18th and Middle income ranks 20th of 206 countries.
Across the 6 decades both report, Barbados averaged higher in 5 and Middle income in 1.
Head to head by decade
| Decade | Barbados | Middle income | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 50.3% | 48.9% | 1.4% | Barbados |
| 1980s | 44.1% | 44.2% | 0.2% | Middle income |
| 1990s | 71.4% | 49.5% | 21.9% | Barbados |
| 2000s | 72.4% | 50.5% | 21.9% | Barbados |
| 2010s | 74.9% | 53.7% | 21.1% | Barbados |
| 2020s | 75.1% | 56.2% | 18.9% | Barbados |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher services, value added, Barbados or Middle income?
- Barbados, at 75.8% against 57.9% in Middle income as of 2024.
- What is the difference in services, value added between Barbados and Middle income?
- 17.9%, with Barbados ahead.
- How many years of comparable data are there for Barbados and Middle income?
- 50 years are reported by both, from 1975 to 2024.
- How do Barbados and Middle income rank globally for services, value added?
- Barbados ranks 18th and Middle income ranks 20th 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.