Gross domestic product (GDP) in Barbados
Barbados: Gross domestic product (GDP) was 3.06 billion international-$ in 2021 prices in 2023. ▲ Rising
Gross domestic product (GDP) in Barbados, 1960–2023
Source: Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data. Measured in international-$ in 2021 prices.
Analysis
Barbados recorded 3.06 billion international-$ in 2021 prices for gross domestic product (gdp) in 2023.
The figure is up 9.8% on the previous year and down 26.9% over ten years.
Over the whole period, gross domestic product (gdp) in Barbados peaked at 7.32 billion international-$ in 2021 prices in 1996 and was at its lowest, 2.36 billion international-$ in 2021 prices, in 1960.
Barbados ranks 173rd of 184 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 64 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 2.74 billion international-$ in 2021 prices | 2.36 billion international-$ in 2021 prices | 3.64 billion international-$ in 2021 prices | 10 |
| 1970s | 3.86 billion international-$ in 2021 prices | 3.37 billion international-$ in 2021 prices | 4.42 billion international-$ in 2021 prices | 10 |
| 1980s | 3.84 billion international-$ in 2021 prices | 3.31 billion international-$ in 2021 prices | 4.75 billion international-$ in 2021 prices | 10 |
| 1990s | 5.75 billion international-$ in 2021 prices | 3.59 billion international-$ in 2021 prices | 7.32 billion international-$ in 2021 prices | 10 |
| 2000s | 5.97 billion international-$ in 2021 prices | 5.34 billion international-$ in 2021 prices | 6.60 billion international-$ in 2021 prices | 10 |
| 2010s | 4.09 billion international-$ in 2021 prices | 3.10 billion international-$ in 2021 prices | 5.38 billion international-$ in 2021 prices | 10 |
| 2020s | 2.86 billion international-$ in 2021 prices | 2.63 billion international-$ in 2021 prices | 3.06 billion international-$ in 2021 prices | 4 |
Countries ranked near Barbados
- 170 Curacao 4.16 billion international-$ in 2021 prices compare
- 171 Bermuda 4.02 billion international-$ in 2021 prices compare
- 172 Comoros 3.25 billion international-$ in 2021 prices compare
- 174 Seychelles 2.87 billion international-$ in 2021 prices compare
- 175 Sint Maarten (Dutch part) 1.82 billion international-$ in 2021 prices compare
- 176 Grenada 1.79 billion international-$ in 2021 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 3.06 billion international-$ in 2021 prices in 2023, according to Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data.
- What is the highest gross domestic product (gdp) recorded in Barbados?
- The highest recorded value was 7.32 billion international-$ in 2021 prices in 1996.
- What is the lowest gross domestic product (gdp) recorded in Barbados?
- The lowest recorded value was 2.36 billion international-$ in 2021 prices in 1960.
- How does Barbados rank for gross domestic product (gdp)?
- Barbados ranks 173rd out of 184 countries with data for 2023.
- Is gross domestic product (gdp) rising or falling in Barbados?
- Over the last ten years it is down 26.9%. The long-run trend across the full record is rising.
- Where does this Barbados data come from?
- The figures come from Feenstra et al. - Penn World Table (2025) – 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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CSV · JSON — 64 observations, free to reuse under CC BY 4.0 (Our World in Data).
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.