GDP in Barbados
Barbados: GDP was 6.50 billion constant 2015 US$ in 2025. ▲ Rising
GDP in Barbados, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
The most recent figure for gdp in Barbados is 6.50 billion constant 2015 US$, measured in 2025.
The figure is up 2.7% on the previous year and up 14.1% over ten years.
Over the whole period, gdp in Barbados peaked at 6.71 billion constant 2015 US$ in 2008 and was at its lowest, 1.95 billion constant 2015 US$, in 1960.
That places Barbados 163rd out of 212 countries with data for 2025, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 66 years of available data.
GDP in Barbados, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1960 | 1.95 billion constant 2015 US$ | — |
| 1961 | 2.10 billion constant 2015 US$ | +7.7% |
| 1962 | 2.29 billion constant 2015 US$ | +9.1% |
| 1963 | 2.18 billion constant 2015 US$ | -5.1% |
| 1964 | 2.29 billion constant 2015 US$ | +5.0% |
| 1965 | 2.55 billion constant 2015 US$ | +11.4% |
| 1966 | 2.65 billion constant 2015 US$ | +4.0% |
| 1967 | 2.93 billion constant 2015 US$ | +10.6% |
| 1968 | 3.13 billion constant 2015 US$ | +6.9% |
| 1969 | 3.37 billion constant 2015 US$ | +7.5% |
| 1970 | 3.69 billion constant 2015 US$ | +9.5% |
| 1971 | 3.83 billion constant 2015 US$ | +3.9% |
| 1972 | 3.88 billion constant 2015 US$ | +1.3% |
| 1973 | 3.94 billion constant 2015 US$ | +1.3% |
| 1974 | 3.75 billion constant 2015 US$ | -4.7% |
| 1975 | 3.68 billion constant 2015 US$ | -1.9% |
| 1976 | 3.84 billion constant 2015 US$ | +4.4% |
| 1977 | 3.98 billion constant 2015 US$ | +3.6% |
| 1978 | 4.18 billion constant 2015 US$ | +4.9% |
| 1979 | 4.51 billion constant 2015 US$ | +7.9% |
| 1980 | 4.70 billion constant 2015 US$ | +4.4% |
| 1981 | 4.61 billion constant 2015 US$ | -1.9% |
| 1982 | 4.39 billion constant 2015 US$ | -4.9% |
| 1983 | 4.41 billion constant 2015 US$ | +0.5% |
| 1984 | 4.57 billion constant 2015 US$ | +3.6% |
| 1985 | 4.62 billion constant 2015 US$ | +1.1% |
| 1986 | 4.85 billion constant 2015 US$ | +5.1% |
| 1987 | 4.98 billion constant 2015 US$ | +2.6% |
| 1988 | 5.15 billion constant 2015 US$ | +3.5% |
| 1989 | 5.34 billion constant 2015 US$ | +3.6% |
| 1990 | 5.16 billion constant 2015 US$ | -3.3% |
| 1991 | 4.96 billion constant 2015 US$ | -3.9% |
| 1992 | 4.68 billion constant 2015 US$ | -5.7% |
| 1993 | 4.72 billion constant 2015 US$ | +0.8% |
| 1994 | 4.81 billion constant 2015 US$ | +2.0% |
| 1995 | 4.91 billion constant 2015 US$ | +2.0% |
| 1996 | 5.10 billion constant 2015 US$ | +4.0% |
| 1997 | 5.34 billion constant 2015 US$ | +4.7% |
| 1998 | 5.54 billion constant 2015 US$ | +3.7% |
| 1999 | 5.56 billion constant 2015 US$ | +0.3% |
| 2000 | 5.81 billion constant 2015 US$ | +4.4% |
| 2001 | 5.67 billion constant 2015 US$ | -2.4% |
| 2002 | 5.72 billion constant 2015 US$ | +0.8% |
| 2003 | 5.84 billion constant 2015 US$ | +2.2% |
| 2004 | 5.92 billion constant 2015 US$ | +1.4% |
| 2005 | 6.16 billion constant 2015 US$ | +4.0% |
| 2006 | 6.53 billion constant 2015 US$ | +6.1% |
| 2007 | 6.67 billion constant 2015 US$ | +2.1% |
| 2008 | 6.71 billion constant 2015 US$ | +0.6% |
| 2009 | 6.37 billion constant 2015 US$ | -5.0% |
| 2010 | 5.86 billion constant 2015 US$ | -8.1% |
| 2011 | 5.85 billion constant 2015 US$ | -0.1% |
| 2012 | 5.69 billion constant 2015 US$ | -2.9% |
| 2013 | 5.70 billion constant 2015 US$ | +0.2% |
| 2014 | 5.74 billion constant 2015 US$ | +0.8% |
| 2015 | 5.70 billion constant 2015 US$ | -0.8% |
| 2016 | 5.78 billion constant 2015 US$ | +1.4% |
| 2017 | 5.82 billion constant 2015 US$ | +0.7% |
| 2018 | 5.80 billion constant 2015 US$ | -0.3% |
| 2019 | 5.82 billion constant 2015 US$ | +0.2% |
| 2020 | 4.80 billion constant 2015 US$ | -17.4% |
| 2021 | 5.19 billion constant 2015 US$ | +8.0% |
| 2022 | 6.02 billion constant 2015 US$ | +15.9% |
| 2023 | 6.13 billion constant 2015 US$ | +1.8% |
| 2024 | 6.33 billion constant 2015 US$ | +3.4% |
| 2025 | 6.50 billion constant 2015 US$ | +2.7% |
Barbados compared with similar countries
- Barbados's 6.50 billion constant 2015 US$ is below the median for high income countries, which is 76.03 billion constant 2015 US$, 9% of the median. (80 countries reporting)
- Barbados's 6.50 billion constant 2015 US$ is below the median for Latin America & Caribbean, which is 25.54 billion constant 2015 US$, 25% of the median. (40 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 2.54 billion constant 2015 US$ | 1.95 billion constant 2015 US$ | 3.37 billion constant 2015 US$ | 10 |
| 1970s | 3.93 billion constant 2015 US$ | 3.68 billion constant 2015 US$ | 4.51 billion constant 2015 US$ | 10 |
| 1980s | 4.76 billion constant 2015 US$ | 4.39 billion constant 2015 US$ | 5.34 billion constant 2015 US$ | 10 |
| 1990s | 5.08 billion constant 2015 US$ | 4.68 billion constant 2015 US$ | 5.56 billion constant 2015 US$ | 10 |
| 2000s | 6.14 billion constant 2015 US$ | 5.67 billion constant 2015 US$ | 6.71 billion constant 2015 US$ | 10 |
| 2010s | 5.78 billion constant 2015 US$ | 5.69 billion constant 2015 US$ | 5.86 billion constant 2015 US$ | 10 |
| 2020s | 5.83 billion constant 2015 US$ | 4.80 billion constant 2015 US$ | 6.50 billion constant 2015 US$ | 6 |
Countries ranked near Barbados
- 160 Bermuda 7.53 billion constant 2015 US$ compare
- 161 Isle of Man 7.10 billion constant 2015 US$ compare
- 162 Maldives 6.62 billion constant 2015 US$ compare
- 164 Cayman Islands 6.28 billion constant 2015 US$ compare
- 165 French Polynesia 5.87 billion constant 2015 US$ compare
- 166 Guam 5.72 billion constant 2015 US$ 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$), annual growth rate 2.97 % change on previous year (2024)
Frequently asked questions
- What is gdp in Barbados?
- Gdp in Barbados was 6.50 billion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gdp recorded in Barbados?
- The highest recorded value was 6.71 billion constant 2015 US$ in 2008.
- What is the lowest gdp recorded in Barbados?
- The lowest recorded value was 1.95 billion constant 2015 US$ in 1960.
- How does Barbados rank for gdp?
- Barbados ranks 163rd out of 212 countries with data for 2025.
- Is gdp rising or falling in Barbados?
- Over the last ten years it is up 14.1%. The long-run trend across the full record is rising.
- 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 GDP (constant 2015 US$). Statizoid updates them automatically from the source API.
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About this data
Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. 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 is 2015. This indicator is expressed in United States dollars.