GDP per capita in Barbados
Barbados: GDP per capita was 54,263 constant LCU in 2025. ▲ Rising
GDP per capita in Barbados, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
The most recent figure for gdp per capita in Barbados is 54,263 constant LCU, measured in 2025.
Compared with earlier readings it is up 2.6% on the previous year and up 12.7% over ten years.
Over the whole period, gdp per capita in Barbados peaked at 58,015 constant LCU in 2008 and was at its lowest, 19,940 constant LCU, in 1960.
That places Barbados 113th out of 215 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 66 years of available data.
GDP per capita in Barbados, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1960 | 19,940 constant LCU | — |
| 1961 | 21,267 constant LCU | +6.7% |
| 1962 | 22,989 constant LCU | +8.1% |
| 1963 | 21,608 constant LCU | -6.0% |
| 1964 | 22,462 constant LCU | +4.0% |
| 1965 | 24,776 constant LCU | +10.3% |
| 1966 | 25,497 constant LCU | +2.9% |
| 1967 | 27,970 constant LCU | +9.7% |
| 1968 | 29,732 constant LCU | +6.3% |
| 1969 | 31,851 constant LCU | +7.1% |
| 1970 | 34,888 constant LCU | +9.5% |
| 1971 | 36,285 constant LCU | +4.0% |
| 1972 | 36,675 constant LCU | +1.1% |
| 1973 | 37,068 constant LCU | +1.1% |
| 1974 | 35,280 constant LCU | -4.8% |
| 1975 | 34,555 constant LCU | -2.1% |
| 1976 | 36,023 constant LCU | +4.2% |
| 1977 | 37,308 constant LCU | +3.6% |
| 1978 | 39,139 constant LCU | +4.9% |
| 1979 | 42,276 constant LCU | +8.0% |
| 1980 | 44,080 constant LCU | +4.3% |
| 1981 | 43,114 constant LCU | -2.2% |
| 1982 | 40,868 constant LCU | -5.2% |
| 1983 | 40,928 constant LCU | +0.1% |
| 1984 | 42,247 constant LCU | +3.2% |
| 1985 | 42,560 constant LCU | +0.7% |
| 1986 | 44,594 constant LCU | +4.8% |
| 1987 | 45,632 constant LCU | +2.3% |
| 1988 | 47,142 constant LCU | +3.3% |
| 1989 | 48,774 constant LCU | +3.5% |
| 1990 | 47,074 constant LCU | -3.5% |
| 1991 | 45,101 constant LCU | -4.2% |
| 1992 | 42,387 constant LCU | -6.0% |
| 1993 | 42,599 constant LCU | +0.5% |
| 1994 | 43,357 constant LCU | +1.8% |
| 1995 | 44,160 constant LCU | +1.9% |
| 1996 | 45,873 constant LCU | +3.9% |
| 1997 | 48,027 constant LCU | +4.7% |
| 1998 | 49,810 constant LCU | +3.7% |
| 1999 | 49,961 constant LCU | +0.3% |
| 2000 | 52,273 constant LCU | +4.6% |
| 2001 | 50,966 constant LCU | -2.5% |
| 2002 | 51,032 constant LCU | +0.1% |
| 2003 | 51,823 constant LCU | +1.5% |
| 2004 | 52,256 constant LCU | +0.8% |
| 2005 | 54,038 constant LCU | +3.4% |
| 2006 | 57,043 constant LCU | +5.6% |
| 2007 | 57,953 constant LCU | +1.6% |
| 2008 | 58,015 constant LCU | +0.1% |
| 2009 | 54,821 constant LCU | -5.5% |
| 2010 | 50,186 constant LCU | -8.5% |
| 2011 | 49,986 constant LCU | -0.4% |
| 2012 | 48,418 constant LCU | -3.1% |
| 2013 | 48,385 constant LCU | -0.1% |
| 2014 | 48,656 constant LCU | +0.6% |
| 2015 | 48,169 constant LCU | -1.0% |
| 2016 | 48,745 constant LCU | +1.2% |
| 2017 | 48,964 constant LCU | +0.4% |
| 2018 | 48,746 constant LCU | -0.4% |
| 2019 | 48,778 constant LCU | +0.1% |
| 2020 | 40,217 constant LCU | -17.5% |
| 2021 | 43,374 constant LCU | +7.8% |
| 2022 | 50,259 constant LCU | +15.9% |
| 2023 | 51,168 constant LCU | +1.8% |
| 2024 | 52,866 constant LCU | +3.3% |
| 2025 | 54,263 constant LCU | +2.6% |
Barbados compared with similar countries
- Barbados's 54,263 constant LCU is above the median for high income countries, which is 54,263 constant LCU, 1.0× the median. (83 countries reporting)
- Barbados's 54,263 constant LCU is above the median for Latin America & Caribbean, which is 34,125 constant LCU, 1.6× the median. (41 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 24,809 constant LCU | 19,940 constant LCU | 31,851 constant LCU | 10 |
| 1970s | 36,950 constant LCU | 34,555 constant LCU | 42,276 constant LCU | 10 |
| 1980s | 43,994 constant LCU | 40,868 constant LCU | 48,774 constant LCU | 10 |
| 1990s | 45,835 constant LCU | 42,387 constant LCU | 49,961 constant LCU | 10 |
| 2000s | 54,022 constant LCU | 50,966 constant LCU | 58,015 constant LCU | 10 |
| 2010s | 48,903 constant LCU | 48,169 constant LCU | 50,186 constant LCU | 10 |
| 2020s | 48,691 constant LCU | 40,217 constant LCU | 54,263 constant LCU | 6 |
Countries ranked near Barbados
- 110 Mauritania 58,263 constant LCU compare
- 111 Ukraine 56,189 constant LCU compare
- 112 Isle of Man 55,188 constant LCU compare
- 114 Antigua and Barbuda 52,314 constant LCU compare
- 115 Namibia 51,773 constant LCU compare
- 116 Netherlands 51,514 constant LCU 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 per capita in Barbados?
- Gdp per capita in Barbados was 54,263 constant LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gdp per capita recorded in Barbados?
- The highest recorded value was 58,015 constant LCU in 2008.
- What is the lowest gdp per capita recorded in Barbados?
- The lowest recorded value was 19,940 constant LCU in 1960.
- How does Barbados rank for gdp per capita?
- Barbados ranks 113th out of 215 countries with data for 2025.
- Is gdp per capita rising or falling in Barbados?
- Over the last ten years it is up 12.7%. The long-run trend across the full record is rising.
- Where does this Barbados data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of GDP per capita (constant LCU). Statizoid updates them automatically from the source API.
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About this data
Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. The core indicator has been divided by the general population to achieve a per capita estimate.This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.