Gross domestic product (GDP) in Barbados
Barbados: Gross domestic product (GDP) was 3.41 billion international-$ in 2011 prices in 2022. ▲ Rising
Gross domestic product (GDP) in Barbados, 1950–2022
Source: Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data. Measured in international-$ in 2011 prices.
Analysis
Barbados recorded 3.41 billion international-$ in 2011 prices for gross domestic product (gdp) in 2022.
The figure is up 11.3% on the previous year and down 0.2% over ten years.
Over the whole period, gross domestic product (gdp) in Barbados peaked at 3.64 billion international-$ in 2011 prices in 2007 and was at its lowest, 715.29 million international-$ in 2011 prices, in 1950.
Barbados ranks 158th of 165 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 73 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 925.04 million international-$ in 2011 prices | 715.29 million international-$ in 2011 prices | 1.17 billion international-$ in 2011 prices | 10 |
| 1960s | 1.59 billion international-$ in 2011 prices | 1.23 billion international-$ in 2011 prices | 2.21 billion international-$ in 2011 prices | 10 |
| 1970s | 2.59 billion international-$ in 2011 prices | 2.43 billion international-$ in 2011 prices | 2.97 billion international-$ in 2011 prices | 10 |
| 1980s | 3.14 billion international-$ in 2011 prices | 2.89 billion international-$ in 2011 prices | 3.52 billion international-$ in 2011 prices | 10 |
| 1990s | 3.19 billion international-$ in 2011 prices | 3.02 billion international-$ in 2011 prices | 3.40 billion international-$ in 2011 prices | 10 |
| 2000s | 3.46 billion international-$ in 2011 prices | 3.32 billion international-$ in 2011 prices | 3.64 billion international-$ in 2011 prices | 10 |
| 2010s | 3.47 billion international-$ in 2011 prices | 3.41 billion international-$ in 2011 prices | 3.55 billion international-$ in 2011 prices | 10 |
| 2020s | 3.18 billion international-$ in 2011 prices | 3.06 billion international-$ in 2011 prices | 3.41 billion international-$ in 2011 prices | 3 |
Countries ranked near Barbados
- 155 Cape Verde 4.25 billion international-$ in 2011 prices compare
- 156 Liberia 4.23 billion international-$ in 2011 prices compare
- 157 Central African Republic 3.75 billion international-$ in 2011 prices compare
- 159 Djibouti 3.40 billion international-$ in 2011 prices compare
- 160 Guinea-Bissau 3.26 billion international-$ in 2011 prices compare
- 161 Seychelles 3.05 billion international-$ in 2011 prices compare
More economy & growth data for Barbados
- Inflation of consumer prices 0.8% (2025)
- GDP per capita 23,014 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 4.9% (2024)
- Gross domestic product (GDP) 6.50 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 23,014 constant 2015 US$ (2025)
- DEC alternative conversion factor 2 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 181.00 million current LCU (2025)
- Net secondary income (Net current transfers from abroad) 90.50 million current US$ (2025)
- Taxes less subsidies on products 1.67 billion current LCU (2025)
- Taxes less subsidies on products 833.40 million current US$ (2025)
Frequently asked questions
- What is gross domestic product (gdp) in Barbados?
- Gross domestic product (gdp) in Barbados was 3.41 billion international-$ in 2011 prices in 2022, according to Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data.
- What is the highest gross domestic product (gdp) recorded in Barbados?
- The highest recorded value was 3.64 billion international-$ in 2011 prices in 2007.
- What is the lowest gross domestic product (gdp) recorded in Barbados?
- The lowest recorded value was 715.29 million international-$ in 2011 prices in 1950.
- How does Barbados rank for gross domestic product (gdp)?
- Barbados ranks 158th out of 165 countries with data for 2022.
- Is gross domestic product (gdp) rising or falling in Barbados?
- Over the last ten years it is down 0.2%. The long-run trend across the full record is rising.
- Where does this Barbados data come from?
- The figures come from Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data, published as part of Gross domestic product (GDP). Statizoid updates them automatically from the source API.
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About this data
Total economic output of a country or region per year. This data is adjusted for inflation and differences in living costs between countries.