Agriculture, forestry, and fishing, value added (constant LCU) in Barbados
Barbados: Agriculture, forestry, and fishing, value added (constant LCU) was 228.57 million constant LCU in 2024. ▼ Falling
Agriculture, forestry, and fishing, value added in Barbados, 1975–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
The most recent figure for agriculture, forestry, and fishing, value added in Barbados is 228.57 million constant LCU, measured in 2024.
That represents a change of down 4.2% on the previous year and down 8.9% over ten years.
Over the whole period, agriculture, forestry, and fishing, value added in Barbados peaked at 431.26 million constant LCU in 1980 and was at its lowest, 211.91 million constant LCU, in 2022.
That places Barbados 171st out of 197 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 50 years of available data.
Agriculture, forestry, and fishing, value added (constant LCU) in Barbados, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1975 | 345.73 million constant LCU | — |
| 1976 | 370.67 million constant LCU | +7.2% |
| 1977 | 378.03 million constant LCU | +2.0% |
| 1978 | 377.81 million constant LCU | -0.1% |
| 1979 | 408.93 million constant LCU | +8.2% |
| 1980 | 431.26 million constant LCU | +5.5% |
| 1981 | 357.20 million constant LCU | -17.2% |
| 1982 | 348.32 million constant LCU | -2.5% |
| 1983 | 361.90 million constant LCU | +3.9% |
| 1984 | 395.84 million constant LCU | +9.4% |
| 1985 | 393.75 million constant LCU | -0.5% |
| 1986 | 411.51 million constant LCU | +4.5% |
| 1987 | 365.55 million constant LCU | -11.2% |
| 1988 | 344.14 million constant LCU | -5.9% |
| 1989 | 313.33 million constant LCU | -9.0% |
| 1990 | 335.79 million constant LCU | +7.2% |
| 1991 | 324.30 million constant LCU | -3.4% |
| 1992 | 292.96 million constant LCU | -9.7% |
| 1993 | 279.39 million constant LCU | -4.6% |
| 1994 | 278.86 million constant LCU | -0.2% |
| 1995 | 277.82 million constant LCU | -0.4% |
| 1996 | 326.91 million constant LCU | +17.7% |
| 1997 | 324.82 million constant LCU | -0.6% |
| 1998 | 281.48 million constant LCU | -13.3% |
| 1999 | 308.11 million constant LCU | +9.5% |
| 2000 | 319.60 million constant LCU | +3.7% |
| 2001 | 289.31 million constant LCU | -9.5% |
| 2002 | 277.30 million constant LCU | -4.2% |
| 2003 | 266.33 million constant LCU | -4.0% |
| 2004 | 247.01 million constant LCU | -7.3% |
| 2005 | 266.85 million constant LCU | +8.0% |
| 2006 | 251.99 million constant LCU | -5.6% |
| 2007 | 255.39 million constant LCU | +1.4% |
| 2008 | 224.92 million constant LCU | -11.9% |
| 2009 | 251.19 million constant LCU | +11.7% |
| 2010 | 269.03 million constant LCU | +7.1% |
| 2011 | 249.35 million constant LCU | -7.3% |
| 2012 | 251.64 million constant LCU | +0.9% |
| 2013 | 257.59 million constant LCU | +2.4% |
| 2014 | 250.96 million constant LCU | -2.6% |
| 2015 | 229.49 million constant LCU | -8.6% |
| 2016 | 233.03 million constant LCU | +1.5% |
| 2017 | 238.21 million constant LCU | +2.2% |
| 2018 | 305.45 million constant LCU | +28.2% |
| 2019 | 312.45 million constant LCU | +2.3% |
| 2020 | 362.34 million constant LCU | +16.0% |
| 2021 | 258.44 million constant LCU | -28.7% |
| 2022 | 211.91 million constant LCU | -18.0% |
| 2023 | 238.72 million constant LCU | +12.6% |
| 2024 | 228.57 million constant LCU | -4.2% |
Barbados compared with similar countries
- Barbados's 228.57 million constant LCU is below the median for high income countries, which is 3.54 billion constant LCU, 6% of the median. (67 countries reporting)
- Barbados's 228.57 million constant LCU is below the median for Latin America & Caribbean, which is 6.22 billion constant LCU, 4% of the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 376.23 million constant LCU | 345.73 million constant LCU | 408.93 million constant LCU | 5 |
| 1980s | 372.28 million constant LCU | 313.33 million constant LCU | 431.26 million constant LCU | 10 |
| 1990s | 303.04 million constant LCU | 277.82 million constant LCU | 335.79 million constant LCU | 10 |
| 2000s | 264.99 million constant LCU | 224.92 million constant LCU | 319.60 million constant LCU | 10 |
| 2010s | 259.72 million constant LCU | 229.49 million constant LCU | 312.45 million constant LCU | 10 |
| 2020s | 260.00 million constant LCU | 211.91 million constant LCU | 362.34 million constant LCU | 5 |
Countries ranked near Barbados
- 168 Dominica 238.67 million constant LCU compare
- 169 Sao Tome and Principe 233.58 million constant LCU compare
- 170 Kuwait 232.42 million constant LCU compare
- 172 Montenegro 198.50 million constant LCU compare
- 173 Malta 182.40 million constant LCU compare
- 174 Samoa 177.30 million constant LCU 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)
- SDRs holdings, US dollar, annual growth rate -64.37 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.002 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 55.55 units per person (2025)
- SDRs holdings, SDR, annual growth rate -66.07 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0014 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 40.56 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -18.55 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0583 units per US$ of GDP (2025)
Frequently asked questions
- What is agriculture, forestry, and fishing, value added in Barbados?
- Agriculture, forestry, and fishing, value added in Barbados was 228.57 million constant LCU 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 431.26 million constant LCU in 1980.
- What is the lowest agriculture, forestry, and fishing, value added recorded in Barbados?
- The lowest recorded value was 211.91 million constant LCU in 2022.
- How does Barbados rank for agriculture, forestry, and fishing, value added?
- Barbados ranks 171st 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 8.9%. The long-run trend across the full record is falling.
- 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 (constant LCU). 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 is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.