Direct disaster economic loss in Barbados
Barbados: Direct disaster economic loss was 96.45 million current united states dollars in 2024. ◆ Volatile
Latest (2024)
96.45 million current united states dollars
World rank
50th
of 130 countries
All-time high
232.87 million current united states dollars
in 2014
All-time low
524,475 current united states dollars
in 2018
Years of data
15
2005–2024
Direct disaster economic loss in Barbados, 2005–2024
Source: UN Office for Disaster Risk Reduction – processed by Our World in Data. Measured in current united states dollars.
Analysis
Barbados recorded 96.45 million current united states dollars for direct disaster economic loss in 2024.
Compared with earlier readings it is down 58.6% over ten years.
Over the whole period, direct disaster economic loss in Barbados peaked at 232.87 million current united states dollars in 2014 and was at its lowest, 524,475 current united states dollars, in 2018.
Barbados ranks 50th of 130 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Direct disaster economic loss in Barbados, year by year
| Year | current united states dollars | Change |
|---|---|---|
| 2005 | 1.08 million current united states dollars | — |
| 2006 | 896,700 current united states dollars | -16.9% |
| 2007 | 2.92 million current united states dollars | +225.1% |
| 2008 | 1.31 million current united states dollars | -55.2% |
| 2009 | 1.53 million current united states dollars | +17.5% |
| 2010 | 2.02 million current united states dollars | +31.7% |
| 2011 | 1.43 million current united states dollars | -29.1% |
| 2012 | 693,750 current united states dollars | -51.5% |
| 2013 | 1.04 million current united states dollars | +50.6% |
| 2014 | 232.87 million current united states dollars | +22188.7% |
| 2015 | 78.16 million current united states dollars | -66.4% |
| 2016 | 1.97 million current united states dollars | -97.5% |
| 2017 | 80.40 million current united states dollars | +3977.6% |
| 2018 | 524,475 current united states dollars | -99.3% |
| 2024 | 96.45 million current united states dollars | +18289.0% |
Barbados compared with similar countries
- Barbados's 96.45 million current united states dollars is above the median for high income countries, which is 47.61 million current united states dollars, 2.0× the median. (32 countries reporting)
- Barbados's 96.45 million current united states dollars is above the median for Latin America & Caribbean, which is 58.28 million current united states dollars, 1.7× the median. (30 countries reporting)
Biggest year-on-year movements
Years where Direct disaster economic loss in Barbados changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2014 | +22188.7% | 1.04 million current united states dollars | 232.87 million current united states dollars |
| 2024 | +18289.0% | 524,475 current united states dollars | 96.45 million current united states dollars |
| 2017 | +3977.6% | 1.97 million current united states dollars | 80.40 million current united states dollars |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.55 million current united states dollars | 896,700 current united states dollars | 2.92 million current united states dollars | 5 |
| 2010s | 44.35 million current united states dollars | 524,475 current united states dollars | 232.87 million current united states dollars | 9 |
| 2020s | 96.45 million current united states dollars | 96.45 million current united states dollars | 96.45 million current united states dollars | 1 |
Countries ranked near Barbados
- 47 Togo 109.73 million current united states dollars compare
- 48 Slovenia 100.77 million current united states dollars compare
- 49 Tunisia 98.60 million current united states dollars compare
- 51 Benin 72.50 million current united states dollars compare
- 52 Burkina Faso 71.02 million current united states dollars compare
- 53 Iran 63.62 million current united states dollars 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 direct disaster economic loss in Barbados?
- Direct disaster economic loss in Barbados was 96.45 million current united states dollars in 2024, according to UN Office for Disaster Risk Reduction – processed by Our World in Data.
- What is the highest direct disaster economic loss recorded in Barbados?
- The highest recorded value was 232.87 million current united states dollars in 2014.
- What is the lowest direct disaster economic loss recorded in Barbados?
- The lowest recorded value was 524,475 current united states dollars in 2018.
- How does Barbados rank for direct disaster economic loss?
- Barbados ranks 50th out of 130 countries with data for 2024.
- Is direct disaster economic loss rising or falling in Barbados?
- Over the last ten years it is down 58.6%. The long-run trend across the full record is volatile.
- Where does this Barbados data come from?
- The figures come from UN Office for Disaster Risk Reduction – processed by Our World in Data, published as part of Direct disaster economic loss. Statizoid updates them automatically from the source API.
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About this data
Direct economic loss attributed to disasters (current United States dollars).