Agriculture, forestry, and fishing, value added in Barbados
Barbados: Agriculture, forestry, and fishing, value added was -4.2% in 2024. ◆ Volatile
Agriculture, forestry, and fishing, value added in Barbados, 1976–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual % growth.
Analysis
The most recent figure for agriculture, forestry, and fishing, value added in Barbados is -4.2%, measured in 2024.
Compared with earlier readings it is down 133.6% on the previous year and down 65.0% over ten years.
Over the whole period, agriculture, forestry, and fishing, value added in Barbados peaked at 28.2% in 2018 and was at its lowest, -28.7%, in 2021.
That places Barbados 178th out of 197 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Agriculture, forestry, and fishing, value added in Barbados, year by year
| Year | annual % growth | Change |
|---|---|---|
| 1976 | 7.2% | — |
| 1977 | 2.0% | -72.5% |
| 1978 | -0.1% | -102.9% |
| 1979 | 8.2% | -14296.2% |
| 1980 | 5.5% | -33.7% |
| 1981 | -17.2% | -414.4% |
| 1982 | -2.5% | -85.5% |
| 1983 | 3.9% | -256.8% |
| 1984 | 9.4% | +140.6% |
| 1985 | -0.5% | -105.6% |
| 1986 | 4.5% | -954.5% |
| 1987 | -11.2% | -347.7% |
| 1988 | -5.9% | -47.6% |
| 1989 | -9.0% | +52.9% |
| 1990 | 7.2% | -180.0% |
| 1991 | -3.4% | -147.7% |
| 1992 | -9.7% | +182.4% |
| 1993 | -4.6% | -52.0% |
| 1994 | -0.2% | -96.0% |
| 1995 | -0.4% | +100.4% |
| 1996 | 17.7% | -4817.4% |
| 1997 | -0.6% | -103.6% |
| 1998 | -13.3% | +1988.2% |
| 1999 | 9.5% | -170.9% |
| 2000 | 3.7% | -60.6% |
| 2001 | -9.5% | -354.2% |
| 2002 | -4.2% | -56.2% |
| 2003 | -4.0% | -4.7% |
| 2004 | -7.3% | +83.4% |
| 2005 | 8.0% | -210.7% |
| 2006 | -5.6% | -169.4% |
| 2007 | 1.4% | -124.2% |
| 2008 | -11.9% | -983.3% |
| 2009 | 11.7% | -197.9% |
| 2010 | 7.1% | -39.2% |
| 2011 | -7.3% | -203.0% |
| 2012 | 0.9% | -112.5% |
| 2013 | 2.4% | +157.6% |
| 2014 | -2.6% | -209.0% |
| 2015 | -8.6% | +232.1% |
| 2016 | 1.5% | -118.0% |
| 2017 | 2.2% | +43.8% |
| 2018 | 28.2% | +1172.2% |
| 2019 | 2.3% | -91.9% |
| 2020 | 16.0% | +597.2% |
| 2021 | -28.7% | -279.6% |
| 2022 | -18.0% | -37.2% |
| 2023 | 12.6% | -170.3% |
| 2024 | -4.2% | -133.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.3% | -0.1% | 8.2% | 4 |
| 1980s | -2.3% | -17.2% | 9.4% | 10 |
| 1990s | 0.2% | -13.3% | 17.7% | 10 |
| 2000s | -1.8% | -11.9% | 11.7% | 10 |
| 2010s | 2.6% | -8.6% | 28.2% | 10 |
| 2020s | -4.5% | -28.7% | 16.0% | 5 |
Countries ranked near Barbados
- 175 Namibia -3.3% compare
- 176 Channel Islands -3.5% compare
- 177 Bolivia, Plurinational State of -3.9% compare
- 179 Hungary -4.3% compare
- 180 Venezuela, Bolivarian Republic of -4.6% compare
- 181 Haiti -4.8% compare
More economy & growth data for Barbados
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.99 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 18.57 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0024 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 65.74 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 303.06 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 34.75 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0399 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,073 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 2.97 % change on previous year (2024)
Frequently asked questions
- What is agriculture, forestry, and fishing, value added in Barbados?
- Agriculture, forestry, and fishing, value added in Barbados was -4.2% in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest agriculture, forestry, and fishing, value added recorded in Barbados?
- The highest recorded value was 28.2% in 2018.
- What is the lowest agriculture, forestry, and fishing, value added recorded in Barbados?
- The lowest recorded value was -28.7% in 2021.
- How does Barbados rank for agriculture, forestry, and fishing, value added?
- Barbados ranks 178th out of 197 countries with data for 2024.
- Is agriculture, forestry, and fishing, value added rising or falling in Barbados?
- Over the last ten years it is down 65.0%. The long-run trend across the full record is volatile.
- Where does this Barbados data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Agriculture, forestry, and fishing, value added (annual % growth). Statizoid updates them automatically from the source API.
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About this data
Agriculture, forestry, and fishing corresponds to ISIC (Rev. 4) divisions 01-03 and includes the exploitation of vegetal and animal natural resources, comprising the activities of growing of crops, raising and breeding of animals, harvesting of timber and other plants, animals or animal products from a farm or their natural habitats.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 denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.