GDP Deflator — Value US$, 2015 prices, annual growth rate in Barbados
Barbados: GDP Deflator — Value US$, 2015 prices, annual growth rate was 2.71 % change on previous year in 2024. ◆ Volatile
GDP Deflator — Value US$, 2015 prices, annual growth rate in Barbados, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gdp deflator — value us$, 2015 prices, annual growth rate in Barbados is 2.71 % change on previous year, measured 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 us$, 2015 prices, annual growth rate in Barbados peaked at 25.4 % change on previous year in 1974 and was at its lowest, -1.73 % change on previous year, in 2009.
That places Barbados 113th out of 222 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP Deflator — Value US$, 2015 prices, annual growth rate in Barbados, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 8.17 % change on previous year | — |
| 1972 | 12.96 % change on previous year | +58.6% |
| 1973 | 20.4 % change on previous year | +57.4% |
| 1974 | 25.4 % change on previous year | +24.5% |
| 1975 | 13.02 % change on previous year | -48.8% |
| 1976 | 4 % change on previous year | -69.3% |
| 1977 | 9.75 % change on previous year | +143.8% |
| 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 above the median for high income countries, which is 2.61 % change on previous year, 1.0× the median. (68 countries reporting)
- Barbados's 2.71 % change on previous year is above the median for Latin America & Caribbean, which is 2.39 % change on previous year, 1.1× the median. (37 countries reporting)
Biggest year-on-year movements
Years where GDP Deflator — Value US$, 2015 prices, annual growth rate in Barbados changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2015 | -7786.9% | 0.008 % change on previous year | -0.6112 % change on previous year |
| 1998 | +850.4% | 0.9143 % change on previous year | 8.69 % change on previous year |
| 2007 | +496.3% | 1.42 % change on previous year | 8.44 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 12.53 % change on previous year | 4 % change on previous year | 25.4 % change on previous year | 9 |
| 1980s | 8.09 % change on previous year | 2.81 % change on previous year | 22.97 % change on previous year | 10 |
| 1990s | 3.61 % change on previous year | 0.9143 % change on previous year | 8.69 % change on previous year | 10 |
| 2000s | 2.53 % change on previous year | -1.73 % change on previous year | 8.44 % change on previous year | 10 |
| 2010s | 1.64 % change on previous year | -1.02 % change on previous year | 3.83 % change on previous year | 10 |
| 2020s | 2.8 % change on previous year | 0.6648 % change on previous year | 5.11 % change on previous year | 5 |
Countries ranked near Barbados
- 110 Liechtenstein 2.87 % change on previous year compare
- 111 Mali 2.84 % change on previous year compare
- 112 Togo 2.78 % change on previous year compare
- 114 Latvia 2.68 % change on previous year compare
- 115 Côte d'Ivoire 2.59 % change on previous year compare
- 116 Equatorial Guinea 2.54 % change on previous year compare
More economy & growth data for Barbados
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.99 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), 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$), annual growth rate 2.97 % change on previous year (2024)
Frequently asked questions
- What is gdp deflator — value us$, 2015 prices, annual growth rate in Barbados?
- Gdp deflator — value us$, 2015 prices, annual growth rate in Barbados was 2.71 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gdp deflator — value us$, 2015 prices, annual growth rate recorded in Barbados?
- The highest recorded value was 25.4 % change on previous year in 1974.
- What is the lowest gdp deflator — value us$, 2015 prices, annual growth rate recorded in Barbados?
- The lowest recorded value was -1.73 % change on previous year in 2009.
- How does Barbados rank for gdp deflator — value us$, 2015 prices, annual growth rate?
- Barbados ranks 113th out of 222 countries with data for 2024.
- Is gdp deflator — value us$, 2015 prices, annual growth rate rising or falling in Barbados?
- Over the last ten years it is up 33,950.6%. The long-run trend across the full record is volatile.
- Where does this Barbados data come from?
- The figures come from Statizoid (derived), published as part of GDP Deflator — Value US$, 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 US$, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- GDP Deflator — Value US$, 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 US$, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.