Direct economic loss attributed to disasters in Barbados
Barbados: Direct economic loss attributed to disasters was 96.45 million in 2024. ◆ Volatile
Direct economic loss attributed to disasters in Barbados, 2005–2024
Source: Our World in Data.
Analysis
In 2024, direct economic loss attributed to disasters in Barbados stood at 96.45 million.
The figure is down 58.6% over ten years.
Over the whole period, direct economic loss attributed to disasters in Barbados peaked at 232.87 million in 2014 and was at its lowest, 524,475, in 2018.
That places Barbados 50th out of 130 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.
Direct economic loss attributed to disasters in Barbados, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 1.08 million | — |
| 2006 | 896,700 | -16.9% |
| 2007 | 2.92 million | +225.1% |
| 2008 | 1.31 million | -55.2% |
| 2009 | 1.53 million | +17.5% |
| 2010 | 2.02 million | +31.7% |
| 2011 | 1.43 million | -29.1% |
| 2012 | 693,750 | -51.5% |
| 2013 | 1.04 million | +50.6% |
| 2014 | 232.87 million | +22188.7% |
| 2015 | 78.16 million | -66.4% |
| 2016 | 1.97 million | -97.5% |
| 2017 | 80.40 million | +3977.6% |
| 2018 | 524,475 | -99.3% |
| 2024 | 96.45 million | +18289.0% |
Barbados compared with similar countries
- Barbados's 96.45 million is above the median for high income countries, which is 47.61 million, 2.0× the median. (32 countries reporting)
- Barbados's 96.45 million is above the median for Latin America & Caribbean, which is 58.28 million, 1.7× the median. (30 countries reporting)
Biggest year-on-year movements
Years where Direct economic loss attributed to disasters 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 | 232.87 million |
| 2024 | +18289.0% | 524,475 | 96.45 million |
| 2017 | +3977.6% | 1.97 million | 80.40 million |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.55 million | 896,700 | 2.92 million | 5 |
| 2010s | 44.35 million | 524,475 | 232.87 million | 9 |
| 2020s | 96.45 million | 96.45 million | 96.45 million | 1 |
Countries ranked near Barbados
More economy & growth data for Barbados
- Real gdp growth, annual growth rate 85.61 % change on previous year (2024)
- 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)
Frequently asked questions
- What is direct economic loss attributed to disasters in Barbados?
- Direct economic loss attributed to disasters in Barbados was 96.45 million in 2024, according to Our World in Data.
- What is the highest direct economic loss attributed to disasters recorded in Barbados?
- The highest recorded value was 232.87 million in 2014.
- What is the lowest direct economic loss attributed to disasters recorded in Barbados?
- The lowest recorded value was 524,475 in 2018.
- How does Barbados rank for direct economic loss attributed to disasters?
- Barbados ranks 50th out of 130 countries with data for 2024.
- Is direct economic loss attributed to disasters 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 Our World in Data, published as part of Direct economic loss attributed to disasters. Statizoid updates them automatically from the source API.
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