Annual GDP growth in Barbados

Barbados: Annual GDP growth was 2.5% in 2024. ◆ Volatile

Latest (2024)
2.5%
Change on year
down 14.8%
World rank
123rd
of 196 countries
All-time high
17.2%
in 2022
All-time low
-14.4%
in 2020
Years of data
25
2000–2024

Annual GDP growth in Barbados, 2000–2024

-10010202000201220242000: 4.42001: -2.42002: 0.7872003: 2.22004: 1.42005: 42006: 6.12007: 2.12008: 0.6332009: -52010: -2.22011: -0.312012: -3.42013: -1.82014: 0.7532015: -1.22016: 1.52017: 0.7082018: -1.32019: 0.2282020: -14.42021: -0.0972022: 17.22023: 2.92024: 2.5

Source: United Nations Statistics Division, SDG Global Database.

Analysis

In 2024, annual gdp growth in Barbados stood at 2.5%.

Compared with earlier readings it is down 14.8% on the previous year and up 229.8% over ten years.

Over the whole period, annual gdp growth in Barbados peaked at 17.2% in 2022 and was at its lowest, -14.4%, in 2020.

That places Barbados 123rd out of 196 countries with data for 2024, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
2000s 1.4% -5.0% 6.1% 10
2010s -0.7% -3.4% 1.5% 10
2020s 1.6% -14.4% 17.2% 5

Countries ranked near Barbados

  1. 120 Trinidad and Tobago 2.5% compare
  2. 121 Marshall Islands 2.5% compare
  3. 122 Jordan 2.5% compare
  4. 124 Egypt 2.4% compare
  5. 125 Qatar 2.4% compare
  6. 126 Afghanistan 2.3% compare

See the full ranking of 252 places →

More economy & growth data for Barbados

All data for Barbados →

Frequently asked questions

What is annual gdp growth in Barbados?
Annual gdp growth in Barbados was 2.5% in 2024, according to United Nations Statistics Division, SDG Global Database.
What is the highest annual gdp growth recorded in Barbados?
The highest recorded value was 17.2% in 2022.
What is the lowest annual gdp growth recorded in Barbados?
The lowest recorded value was -14.4% in 2020.
How does Barbados rank for annual gdp growth?
Barbados ranks 123rd out of 196 countries with data for 2024.
Is annual gdp growth rising or falling in Barbados?
Over the last ten years it is up 229.8%. The long-run trend across the full record is volatile.
Where does this Barbados data come from?
The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual GDP growth (%). Statizoid updates them automatically from the source API.

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Annual GDP growth in Barbados. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 22 August 2026, from https://economy.statizoid.com/stat/annual-gdp-growth-percent/barbados/

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About this data

Indicator
Annual GDP growth (%)
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
252 places, 6,105 data points, 2000–2024
Last refreshed