GDP in Barbados
Barbados: GDP was 15.34 billion constant LCU in 2025. ▲ Rising
GDP in Barbados, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
Barbados recorded 15.34 billion constant LCU for gdp 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 15.82 billion constant LCU in 2008 and was at its lowest, 4.60 billion constant LCU, in 1960.
Barbados ranks 171st of 215 countries on this measure, 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 LCU | Change |
|---|---|---|
| 1960 | 4.60 billion constant LCU | — |
| 1961 | 4.96 billion constant LCU | +7.7% |
| 1962 | 5.41 billion constant LCU | +9.1% |
| 1963 | 5.13 billion constant LCU | -5.1% |
| 1964 | 5.39 billion constant LCU | +5.0% |
| 1965 | 6.01 billion constant LCU | +11.4% |
| 1966 | 6.25 billion constant LCU | +4.0% |
| 1967 | 6.91 billion constant LCU | +10.6% |
| 1968 | 7.39 billion constant LCU | +6.9% |
| 1969 | 7.95 billion constant LCU | +7.5% |
| 1970 | 8.70 billion constant LCU | +9.5% |
| 1971 | 9.04 billion constant LCU | +3.9% |
| 1972 | 9.16 billion constant LCU | +1.3% |
| 1973 | 9.28 billion constant LCU | +1.3% |
| 1974 | 8.85 billion constant LCU | -4.7% |
| 1975 | 8.68 billion constant LCU | -1.9% |
| 1976 | 9.06 billion constant LCU | +4.4% |
| 1977 | 9.39 billion constant LCU | +3.6% |
| 1978 | 9.85 billion constant LCU | +4.9% |
| 1979 | 10.62 billion constant LCU | +7.9% |
| 1980 | 11.09 billion constant LCU | +4.4% |
| 1981 | 10.88 billion constant LCU | -1.9% |
| 1982 | 10.34 billion constant LCU | -4.9% |
| 1983 | 10.40 billion constant LCU | +0.5% |
| 1984 | 10.77 billion constant LCU | +3.6% |
| 1985 | 10.89 billion constant LCU | +1.1% |
| 1986 | 11.44 billion constant LCU | +5.1% |
| 1987 | 11.74 billion constant LCU | +2.6% |
| 1988 | 12.15 billion constant LCU | +3.5% |
| 1989 | 12.59 billion constant LCU | +3.6% |
| 1990 | 12.17 billion constant LCU | -3.3% |
| 1991 | 11.70 billion constant LCU | -3.9% |
| 1992 | 11.03 billion constant LCU | -5.7% |
| 1993 | 11.12 billion constant LCU | +0.8% |
| 1994 | 11.34 billion constant LCU | +2.0% |
| 1995 | 11.57 billion constant LCU | +2.0% |
| 1996 | 12.03 billion constant LCU | +4.0% |
| 1997 | 12.60 billion constant LCU | +4.7% |
| 1998 | 13.07 billion constant LCU | +3.7% |
| 1999 | 13.12 billion constant LCU | +0.3% |
| 2000 | 13.70 billion constant LCU | +4.4% |
| 2001 | 13.37 billion constant LCU | -2.4% |
| 2002 | 13.48 billion constant LCU | +0.8% |
| 2003 | 13.77 billion constant LCU | +2.2% |
| 2004 | 13.97 billion constant LCU | +1.4% |
| 2005 | 14.52 billion constant LCU | +4.0% |
| 2006 | 15.40 billion constant LCU | +6.1% |
| 2007 | 15.72 billion constant LCU | +2.1% |
| 2008 | 15.82 billion constant LCU | +0.6% |
| 2009 | 15.03 billion constant LCU | -5.0% |
| 2010 | 13.81 billion constant LCU | -8.1% |
| 2011 | 13.80 billion constant LCU | -0.1% |
| 2012 | 13.41 billion constant LCU | -2.9% |
| 2013 | 13.43 billion constant LCU | +0.2% |
| 2014 | 13.54 billion constant LCU | +0.8% |
| 2015 | 13.44 billion constant LCU | -0.8% |
| 2016 | 13.63 billion constant LCU | +1.4% |
| 2017 | 13.72 billion constant LCU | +0.7% |
| 2018 | 13.68 billion constant LCU | -0.3% |
| 2019 | 13.72 billion constant LCU | +0.2% |
| 2020 | 11.33 billion constant LCU | -17.4% |
| 2021 | 12.24 billion constant LCU | +8.0% |
| 2022 | 14.19 billion constant LCU | +15.9% |
| 2023 | 14.45 billion constant LCU | +1.8% |
| 2024 | 14.93 billion constant LCU | +3.4% |
| 2025 | 15.34 billion constant LCU | +2.7% |
Barbados compared with similar countries
- Barbados's 15.34 billion constant LCU is below the median for high income countries, which is 153.70 billion constant LCU, 10% of the median. (83 countries reporting)
- Barbados's 15.34 billion constant LCU is below the median for Latin America & Caribbean, which is 84.75 billion constant LCU, 18% of the median. (41 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 6.00 billion constant LCU | 4.60 billion constant LCU | 7.95 billion constant LCU | 10 |
| 1970s | 9.26 billion constant LCU | 8.68 billion constant LCU | 10.62 billion constant LCU | 10 |
| 1980s | 11.23 billion constant LCU | 10.34 billion constant LCU | 12.59 billion constant LCU | 10 |
| 1990s | 11.98 billion constant LCU | 11.03 billion constant LCU | 13.12 billion constant LCU | 10 |
| 2000s | 14.48 billion constant LCU | 13.37 billion constant LCU | 15.82 billion constant LCU | 10 |
| 2010s | 13.62 billion constant LCU | 13.41 billion constant LCU | 13.81 billion constant LCU | 10 |
| 2020s | 13.75 billion constant LCU | 11.33 billion constant LCU | 15.34 billion constant LCU | 6 |
Countries ranked near Barbados
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 15.34 billion constant LCU 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 15.82 billion constant LCU in 2008.
- What is the lowest gdp recorded in Barbados?
- The lowest recorded value was 4.60 billion constant LCU in 1960.
- How does Barbados rank for gdp?
- Barbados ranks 171st out of 215 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 LCU). 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 varies by country. This series is expressed in local currency units.