GDP Deflator — Value Standard Local Currency, 2015 prices in Barbados
Barbados: GDP Deflator — Value Standard Local Currency, 2015 prices was 123.89 SLC in 2024. ◆ Volatile
GDP Deflator — Value Standard Local Currency, 2015 prices in Barbados, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in SLC.
Analysis
In 2024, gdp deflator — value standard local currency, 2015 prices in Barbados stood at 123.89 SLC. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 2.7% on the previous year and up 23.1% over ten years.
Over the whole period, gdp deflator — value standard local currency, 2015 prices in Barbados peaked at 123.89 SLC in 2024 and was at its lowest, 8.24 SLC, in 1970.
Barbados ranks 140th of 209 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.
GDP Deflator — Value Standard Local Currency, 2015 prices in Barbados, year by year
| Year | SLC | Change |
|---|---|---|
| 1970 | 8.24 SLC | — |
| 1971 | 8.8 SLC | +6.8% |
| 1972 | 9.67 SLC | +9.9% |
| 1973 | 11.88 SLC | +22.8% |
| 1974 | 15.61 SLC | +31.4% |
| 1975 | 17.35 SLC | +11.1% |
| 1976 | 17.87 SLC | +3.0% |
| 1977 | 19.62 SLC | +9.8% |
| 1978 | 20.93 SLC | +6.7% |
| 1979 | 23.52 SLC | +12.4% |
| 1980 | 28.93 SLC | +23.0% |
| 1981 | 32.46 SLC | +12.2% |
| 1982 | 35.68 SLC | +9.9% |
| 1983 | 37.69 SLC | +5.6% |
| 1984 | 39.67 SLC | +5.3% |
| 1985 | 41.07 SLC | +3.5% |
| 1986 | 42.91 SLC | +4.5% |
| 1987 | 46.07 SLC | +7.4% |
| 1988 | 47.36 SLC | +2.8% |
| 1989 | 50.56 SLC | +6.7% |
| 1990 | 52.48 SLC | +3.8% |
| 1991 | 54.18 SLC | +3.2% |
| 1992 | 56.3 SLC | +3.9% |
| 1993 | 58.67 SLC | +4.2% |
| 1994 | 59.43 SLC | +1.3% |
| 1995 | 61.25 SLC | +3.1% |
| 1996 | 62.82 SLC | +2.6% |
| 1997 | 63.39 SLC | +0.9% |
| 1998 | 68.9 SLC | +8.7% |
| 1999 | 71.96 SLC | +4.4% |
| 2000 | 71 SLC | -1.3% |
| 2001 | 72.6 SLC | +2.3% |
| 2002 | 73.26 SLC | +0.9% |
| 2003 | 74.08 SLC | +1.1% |
| 2004 | 78.4 SLC | +5.8% |
| 2005 | 83.63 SLC | +6.7% |
| 2006 | 84.81 SLC | +1.4% |
| 2007 | 91.96 SLC | +8.4% |
| 2008 | 93.53 SLC | +1.7% |
| 2009 | 91.91 SLC | -1.7% |
| 2010 | 95.43 SLC | +3.8% |
| 2011 | 98.93 SLC | +3.7% |
| 2012 | 97.92 SLC | -1.0% |
| 2013 | 100.61 SLC | +2.7% |
| 2014 | 100.61 SLC | +0.0% |
| 2015 | 100 SLC | -0.6% |
| 2016 | 99.03 SLC | -1.0% |
| 2017 | 102.37 SLC | +3.4% |
| 2018 | 105.7 SLC | +3.3% |
| 2019 | 107.97 SLC | +2.1% |
| 2020 | 113.49 SLC | +5.1% |
| 2021 | 116.13 SLC | +2.3% |
| 2022 | 116.9 SLC | +0.7% |
| 2023 | 120.62 SLC | +3.2% |
| 2024 | 123.89 SLC | +2.7% |
Barbados compared with similar countries
- Barbados's 123.89 SLC is below the median for high income countries, which is 126.04 SLC, 98% of the median. (68 countries reporting)
- Barbados's 123.89 SLC is below the median for Latin America & Caribbean, which is 128.24 SLC, 97% of the median. (37 countries reporting)
Biggest year-on-year movements
Years where GDP Deflator — Value Standard Local Currency, 2015 prices 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 |
|---|---|---|---|
| 1974 | +31.4% | 11.88 SLC | 15.61 SLC |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 15.35 SLC | 8.24 SLC | 23.52 SLC | 10 |
| 1980s | 40.24 SLC | 28.93 SLC | 50.56 SLC | 10 |
| 1990s | 60.94 SLC | 52.48 SLC | 71.96 SLC | 10 |
| 2000s | 81.52 SLC | 71 SLC | 93.53 SLC | 10 |
| 2010s | 100.86 SLC | 95.43 SLC | 107.97 SLC | 10 |
| 2020s | 118.21 SLC | 113.49 SLC | 123.89 SLC | 5 |
Countries ranked near Barbados
- 137 Puerto Rico 125.74 SLC compare
- 138 Bolivia (Plurinational State of) 124.02 SLC compare
- 139 Spain 123.94 SLC compare
- 141 China, mainland 123.44 SLC compare
- 142 Anguilla 123.43 SLC compare
- 143 Palestine 123.17 SLC 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)
- 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)
- IMF holdings of currency, US dollar, per unit of GDP 0.0583 units per US$ of GDP (2025)
Frequently asked questions
- What is gdp deflator — value standard local currency, 2015 prices in Barbados?
- Gdp deflator — value standard local currency, 2015 prices in Barbados was 123.89 SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gdp deflator — value standard local currency, 2015 prices recorded in Barbados?
- The highest recorded value was 123.89 SLC in 2024.
- What is the lowest gdp deflator — value standard local currency, 2015 prices recorded in Barbados?
- The lowest recorded value was 8.24 SLC in 1970.
- How does Barbados rank for gdp deflator — value standard local currency, 2015 prices?
- Barbados ranks 140th out of 209 countries with data for 2024.
- Is gdp deflator — value standard local currency, 2015 prices rising or falling in Barbados?
- Over the last ten years it is up 23.1%. The long-run trend across the full record is volatile.
- Where does this Barbados data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of GDP Deflator — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The FAOSTAT Deflators database provides the following selection of price deflator series by country and at regional level: Gross Domestic Product deflator, Gross Fixed Capital Formation deflator, Manufacturing Value-Added deflator, and Agriculture, Forestry, Fishery Valued-Added deflator. In the FAOSTAT Deflators database, all series are derived from the United Nations Statistics Division (UNSD) National Accounts Analysis of Main Aggregates database (UNSD AMA). In particular, the implicit Gross Domestic Product deflator, the implicit Gross Fixed Capital Formation deflator, the implicit value added deflator of Agriculture, Forestry, Fishery and the implicit value added deflator of Manufacturing are obtained by dividing the series in current prices by those in constant 2015 prices (base year).