GDP Deflator — Value US$, 2015 prices in Barbados
Barbados: GDP Deflator — Value US$, 2015 prices was 123.89 USD in 2024. ◆ Volatile
GDP Deflator — Value US$, 2015 prices in Barbados, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in USD.
Analysis
The most recent figure for gdp deflator — value us$, 2015 prices in Barbados is 123.89 USD, measured in 2024. That is the highest value across all 55 years on record.
The figure is up 2.7% on the previous year and up 23.1% over ten years.
Over the whole period, gdp deflator — value us$, 2015 prices in Barbados peaked at 123.89 USD in 2024 and was at its lowest, 8.24 USD, in 1970.
That places Barbados 71st out of 203 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP Deflator — Value US$, 2015 prices in Barbados, year by year
| Year | USD | Change |
|---|---|---|
| 1970 | 8.24 USD | — |
| 1971 | 8.92 USD | +8.2% |
| 1972 | 10.07 USD | +13.0% |
| 1973 | 12.13 USD | +20.4% |
| 1974 | 15.21 USD | +25.4% |
| 1975 | 17.19 USD | +13.0% |
| 1976 | 17.87 USD | +4.0% |
| 1977 | 19.62 USD | +9.8% |
| 1978 | 20.93 USD | +6.7% |
| 1979 | 23.52 USD | +12.4% |
| 1980 | 28.93 USD | +23.0% |
| 1981 | 32.46 USD | +12.2% |
| 1982 | 35.68 USD | +9.9% |
| 1983 | 37.69 USD | +5.6% |
| 1984 | 39.67 USD | +5.3% |
| 1985 | 41.07 USD | +3.5% |
| 1986 | 42.91 USD | +4.5% |
| 1987 | 46.07 USD | +7.4% |
| 1988 | 47.36 USD | +2.8% |
| 1989 | 50.56 USD | +6.7% |
| 1990 | 52.48 USD | +3.8% |
| 1991 | 54.18 USD | +3.2% |
| 1992 | 56.3 USD | +3.9% |
| 1993 | 58.67 USD | +4.2% |
| 1994 | 59.43 USD | +1.3% |
| 1995 | 61.25 USD | +3.1% |
| 1996 | 62.82 USD | +2.6% |
| 1997 | 63.39 USD | +0.9% |
| 1998 | 68.9 USD | +8.7% |
| 1999 | 71.96 USD | +4.4% |
| 2000 | 71 USD | -1.3% |
| 2001 | 72.6 USD | +2.3% |
| 2002 | 73.26 USD | +0.9% |
| 2003 | 74.08 USD | +1.1% |
| 2004 | 78.4 USD | +5.8% |
| 2005 | 83.63 USD | +6.7% |
| 2006 | 84.81 USD | +1.4% |
| 2007 | 91.96 USD | +8.4% |
| 2008 | 93.53 USD | +1.7% |
| 2009 | 91.91 USD | -1.7% |
| 2010 | 95.43 USD | +3.8% |
| 2011 | 98.93 USD | +3.7% |
| 2012 | 97.92 USD | -1.0% |
| 2013 | 100.61 USD | +2.7% |
| 2014 | 100.61 USD | +0.0% |
| 2015 | 100 USD | -0.6% |
| 2016 | 99.03 USD | -1.0% |
| 2017 | 102.37 USD | +3.4% |
| 2018 | 105.7 USD | +3.3% |
| 2019 | 107.97 USD | +2.1% |
| 2020 | 113.49 USD | +5.1% |
| 2021 | 116.13 USD | +2.3% |
| 2022 | 116.9 USD | +0.7% |
| 2023 | 120.62 USD | +3.2% |
| 2024 | 123.89 USD | +2.7% |
Barbados compared with similar countries
- Barbados's 123.89 USD is above the median for high income countries, which is 121.8 USD, 1.0× the median. (68 countries reporting)
- Barbados's 123.89 USD is above the median for Latin America & Caribbean, which is 120.84 USD, 1.0× the median. (37 countries reporting)
Biggest year-on-year movements
Years where GDP Deflator — Value US$, 2015 prices in Barbados changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1974 | +25.4% | 12.13 USD | 15.21 USD |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 15.37 USD | 8.24 USD | 23.52 USD | 10 |
| 1980s | 40.24 USD | 28.93 USD | 50.56 USD | 10 |
| 1990s | 60.94 USD | 52.48 USD | 71.96 USD | 10 |
| 2000s | 81.52 USD | 71 USD | 93.53 USD | 10 |
| 2010s | 100.86 USD | 95.43 USD | 107.97 USD | 10 |
| 2020s | 118.21 USD | 113.49 USD | 123.89 USD | 5 |
Countries ranked near Barbados
More economy & growth data for Barbados
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.99 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), 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$), annual growth rate 2.97 % change on previous year (2024)
Frequently asked questions
- What is gdp deflator — value us$, 2015 prices in Barbados?
- Gdp deflator — value us$, 2015 prices in Barbados was 123.89 USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gdp deflator — value us$, 2015 prices recorded in Barbados?
- The highest recorded value was 123.89 USD in 2024.
- What is the lowest gdp deflator — value us$, 2015 prices recorded in Barbados?
- The lowest recorded value was 8.24 USD in 1970.
- How does Barbados rank for gdp deflator — value us$, 2015 prices?
- Barbados ranks 71st out of 203 countries with data for 2024.
- Is gdp deflator — value us$, 2015 prices rising or falling in Barbados?
- Over the last ten years it is up 23.1%. The long-run trend across the full record is volatile.
- Where does this Barbados data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of GDP Deflator — Value US$, 2015 prices. Statizoid updates them automatically from the source API.
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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).