GDP Deflator — Value Standard Local Currency, 2015 prices, annual in Barbados
Barbados: GDP Deflator — Value Standard Local Currency, 2015 prices, annual was 2.71 % change on previous year in 2024. ◆ Volatile
GDP Deflator — Value Standard Local Currency, 2015 prices, annual in Barbados, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Barbados recorded 2.71 % change on previous year for gdp deflator — value standard local currency, 2015 prices, annual in 2024.
That represents a change of down 14.9% on the previous year and up 33,950.6% over ten years.
Over the whole period, gdp deflator — value standard local currency, 2015 prices, annual in Barbados peaked at 31.42 % change on previous year in 1974 and was at its lowest, -1.73 % change on previous year, in 2009.
That places Barbados 140th out of 209 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.
GDP Deflator — Value Standard Local Currency, 2015 prices, annual in Barbados, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 6.81 % change on previous year | — |
| 1972 | 9.89 % change on previous year | +45.2% |
| 1973 | 22.77 % change on previous year | +130.2% |
| 1974 | 31.42 % change on previous year | +38.0% |
| 1975 | 11.13 % change on previous year | -64.6% |
| 1976 | 3.03 % change on previous year | -72.8% |
| 1977 | 9.75 % change on previous year | +222.0% |
| 1978 | 6.71 % change on previous year | -31.2% |
| 1979 | 12.38 % change on previous year | +84.4% |
| 1980 | 22.97 % change on previous year | +85.5% |
| 1981 | 12.23 % change on previous year | -46.8% |
| 1982 | 9.9 % change on previous year | -19.0% |
| 1983 | 5.63 % change on previous year | -43.2% |
| 1984 | 5.26 % change on previous year | -6.6% |
| 1985 | 3.53 % change on previous year | -32.8% |
| 1986 | 4.47 % change on previous year | +26.6% |
| 1987 | 7.36 % change on previous year | +64.7% |
| 1988 | 2.81 % change on previous year | -61.8% |
| 1989 | 6.74 % change on previous year | +139.3% |
| 1990 | 3.81 % change on previous year | -43.5% |
| 1991 | 3.24 % change on previous year | -14.9% |
| 1992 | 3.91 % change on previous year | +20.8% |
| 1993 | 4.2 % change on previous year | +7.5% |
| 1994 | 1.3 % change on previous year | -69.0% |
| 1995 | 3.06 % change on previous year | +134.9% |
| 1996 | 2.56 % change on previous year | -16.3% |
| 1997 | 0.9143 % change on previous year | -64.3% |
| 1998 | 8.69 % change on previous year | +850.4% |
| 1999 | 4.45 % change on previous year | -48.8% |
| 2000 | -1.34 % change on previous year | -130.2% |
| 2001 | 2.27 % change on previous year | -268.7% |
| 2002 | 0.9008 % change on previous year | -60.2% |
| 2003 | 1.12 % change on previous year | +24.9% |
| 2004 | 5.82 % change on previous year | +417.8% |
| 2005 | 6.67 % change on previous year | +14.5% |
| 2006 | 1.42 % change on previous year | -78.8% |
| 2007 | 8.44 % change on previous year | +496.3% |
| 2008 | 1.7 % change on previous year | -79.8% |
| 2009 | -1.73 % change on previous year | -201.8% |
| 2010 | 3.83 % change on previous year | -320.9% |
| 2011 | 3.67 % change on previous year | -4.2% |
| 2012 | -1.02 % change on previous year | -127.7% |
| 2013 | 2.74 % change on previous year | -369.6% |
| 2014 | 0.008 % change on previous year | -99.7% |
| 2015 | -0.6112 % change on previous year | -7786.9% |
| 2016 | -0.967 % change on previous year | +58.2% |
| 2017 | 3.37 % change on previous year | -448.2% |
| 2018 | 3.25 % change on previous year | -3.4% |
| 2019 | 2.15 % change on previous year | -34.0% |
| 2020 | 5.11 % change on previous year | +138.2% |
| 2021 | 2.33 % change on previous year | -54.4% |
| 2022 | 0.6648 % change on previous year | -71.5% |
| 2023 | 3.18 % change on previous year | +378.7% |
| 2024 | 2.71 % change on previous year | -14.9% |
Barbados compared with similar countries
- Barbados's 2.71 % change on previous year is below the median for high income countries, which is 2.83 % change on previous year, 96% of the median. (68 countries reporting)
- Barbados's 2.71 % change on previous year is below the median for Latin America & Caribbean, which is 3.66 % change on previous year, 74% of the median. (37 countries reporting)
Biggest year-on-year movements
Years where GDP Deflator — Value Standard Local Currency, 2015 prices, annual 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 |
|---|---|---|---|
| 2015 | -7786.9% | 0.008 % change on previous year | -0.6112 % change on previous year |
| 1998 | +850.4% | 0.9143 % change on previous year | 8.69 % change on previous year |
| 2007 | +496.3% | 1.42 % change on previous year | 8.44 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 12.66 % change on previous year | 3.03 % change on previous year | 31.42 % change on previous year | 9 |
| 1980s | 8.09 % change on previous year | 2.81 % change on previous year | 22.97 % change on previous year | 10 |
| 1990s | 3.61 % change on previous year | 0.9143 % change on previous year | 8.69 % change on previous year | 10 |
| 2000s | 2.53 % change on previous year | -1.73 % change on previous year | 8.44 % change on previous year | 10 |
| 2010s | 1.64 % change on previous year | -1.02 % change on previous year | 3.83 % change on previous year | 10 |
| 2020s | 2.8 % change on previous year | 0.6648 % change on previous year | 5.11 % change on previous year | 5 |
Countries ranked near Barbados
- 137 Botswana 2.77 % change on previous year compare
- 138 Eswatini 2.75 % change on previous year compare
- 139 Togo 2.74 % change on previous year compare
- 141 Albania 2.69 % change on previous year compare
- 142 Australia 2.63 % change on previous year compare
- 143 Nepal 2.61 % change on previous year 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 deflator — value standard local currency, 2015 prices, annual in Barbados?
- Gdp deflator — value standard local currency, 2015 prices, annual in Barbados was 2.71 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gdp deflator — value standard local currency, 2015 prices, annual recorded in Barbados?
- The highest recorded value was 31.42 % change on previous year in 1974.
- What is the lowest gdp deflator — value standard local currency, 2015 prices, annual recorded in Barbados?
- The lowest recorded value was -1.73 % change on previous year in 2009.
- How does Barbados rank for gdp deflator — value standard local currency, 2015 prices, annual?
- Barbados ranks 140th out of 209 countries with data for 2024.
- Is gdp deflator — value standard local currency, 2015 prices, annual rising or falling in Barbados?
- Over the last ten years it is up 33,950.6%. The long-run trend across the full record is volatile.
- Where does this Barbados data come from?
- The figures come from Statizoid (derived), published as part of GDP Deflator — Value Standard Local Currency, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in GDP Deflator — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- GDP Deflator — Value Standard Local Currency, 2015 prices Food and Agriculture Organization of the United Nations
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in GDP Deflator — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.