Annual growth rate of real GDP per capita in Barbados
Barbados: Annual growth rate of real GDP per capita was 3.3% in 2024. ◆ Volatile
Annual growth rate of real GDP per capita in Barbados, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
The most recent figure for annual growth rate of real gdp per capita in Barbados is 3.3%, measured in 2024.
Compared with earlier readings it is up 83.3% on the previous year and up 450.0% over ten years.
Over the whole period, annual growth rate of real gdp per capita in Barbados peaked at 15.9% in 2022 and was at its lowest, -17.5%, in 2020.
That places Barbados 69th out of 226 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.
Annual growth rate of real GDP per capita in Barbados, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 4.6% | — |
| 2001 | -2.5% | -154.3% |
| 2002 | 0.1% | -104.0% |
| 2003 | 1.5% | +1400.0% |
| 2004 | 0.8% | -46.7% |
| 2005 | 3.4% | +325.0% |
| 2006 | 5.2% | +52.9% |
| 2007 | 6.4% | +23.1% |
| 2008 | 4.8% | -25.0% |
| 2009 | -1.2% | -125.0% |
| 2010 | 1.8% | -250.0% |
| 2011 | -0.4% | -122.2% |
| 2012 | -3.1% | +675.0% |
| 2013 | -0.1% | -96.8% |
| 2014 | 0.6% | -700.0% |
| 2015 | -1.0% | -266.7% |
| 2016 | 1.2% | -220.0% |
| 2017 | 0.4% | -66.7% |
| 2018 | -0.4% | -200.0% |
| 2019 | 0.1% | -125.0% |
| 2020 | -17.5% | -17600.0% |
| 2021 | 7.8% | -144.6% |
| 2022 | 15.9% | +103.8% |
| 2023 | 1.8% | -88.7% |
| 2024 | 3.3% | +83.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.3% | -2.5% | 6.4% | 10 |
| 2010s | -0.1% | -3.1% | 1.8% | 10 |
| 2020s | 2.3% | -17.5% | 15.9% | 5 |
Countries ranked near Barbados
- 69 Democratic Republic of the Congo 3.3% compare
- 69 Mauritania 3.3% compare
- 72 Bosnia and Herzegovina 3.2% compare
- 72 Puerto Rico 3.2% compare
- 72 Spain 3.2% compare
- 72 Uruguay 3.2% 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)
- Total reserves minus gold (current US$), annual growth rate 2.97 % change on previous year (2024)
- Total reserves minus gold (current US$), per unit of GDP 0.2177 current US$ per US$ of GDP (2024)
- Total reserves minus gold (current US$), per capita 5,854 current US$ per person (2024)
- Agriculture, forestry, and fishing, value added (current LCU), annual -1.03 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (current LCU), per 0.0311 current LCU per US$ of GDP (2024)
- Agriculture, forestry, and fishing, value added (current LCU), per 836.37 current LCU per person (2024)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) -4.25 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 0.0122 constant 2015 US$ per US$ of GDP (2024)
Frequently asked questions
- What is annual growth rate of real gdp per capita in Barbados?
- Annual growth rate of real gdp per capita in Barbados was 3.3% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth rate of real gdp per capita recorded in Barbados?
- The highest recorded value was 15.9% in 2022.
- What is the lowest annual growth rate of real gdp per capita recorded in Barbados?
- The lowest recorded value was -17.5% in 2020.
- How does Barbados rank for annual growth rate of real gdp per capita?
- Barbados ranks 69th out of 226 countries with data for 2024.
- Is annual growth rate of real gdp per capita rising or falling in Barbados?
- Over the last ten years it is up 450.0%. 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 growth rate of real GDP per capita (%). Statizoid updates them automatically from the source API.
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