Gross domestic product (GDP) in Barbados
Barbados: Gross domestic product (GDP) was 6.50 billion constant 2015 US$ in 2025. ▲ Rising
Gross domestic product (GDP) in Barbados, 1960–2025
Source: National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with minor processing by Our World in Data. Measured in constant 2015 US$.
Analysis
In 2025, gross domestic product (gdp) in Barbados stood at 6.50 billion constant 2015 US$.
That represents a change of up 2.7% on the previous year and up 14.1% over ten years.
Over the whole period, gross domestic product (gdp) in Barbados peaked at 6.71 billion constant 2015 US$ in 2008 and was at its lowest, 1.95 billion constant 2015 US$, in 1960.
Barbados ranks 160th of 209 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 66 years of available data.
Gross domestic product (GDP) in Barbados, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1960 | 1.95 billion constant 2015 US$ | — |
| 1961 | 2.10 billion constant 2015 US$ | +7.7% |
| 1962 | 2.29 billion constant 2015 US$ | +9.1% |
| 1963 | 2.18 billion constant 2015 US$ | -5.1% |
| 1964 | 2.29 billion constant 2015 US$ | +5.0% |
| 1965 | 2.55 billion constant 2015 US$ | +11.4% |
| 1966 | 2.65 billion constant 2015 US$ | +4.0% |
| 1967 | 2.93 billion constant 2015 US$ | +10.6% |
| 1968 | 3.13 billion constant 2015 US$ | +6.9% |
| 1969 | 3.37 billion constant 2015 US$ | +7.5% |
| 1970 | 3.69 billion constant 2015 US$ | +9.5% |
| 1971 | 3.83 billion constant 2015 US$ | +3.9% |
| 1972 | 3.88 billion constant 2015 US$ | +1.3% |
| 1973 | 3.94 billion constant 2015 US$ | +1.3% |
| 1974 | 3.75 billion constant 2015 US$ | -4.7% |
| 1975 | 3.68 billion constant 2015 US$ | -1.9% |
| 1976 | 3.84 billion constant 2015 US$ | +4.4% |
| 1977 | 3.98 billion constant 2015 US$ | +3.6% |
| 1978 | 4.18 billion constant 2015 US$ | +4.9% |
| 1979 | 4.51 billion constant 2015 US$ | +7.9% |
| 1980 | 4.70 billion constant 2015 US$ | +4.4% |
| 1981 | 4.61 billion constant 2015 US$ | -1.9% |
| 1982 | 4.39 billion constant 2015 US$ | -4.9% |
| 1983 | 4.41 billion constant 2015 US$ | +0.5% |
| 1984 | 4.57 billion constant 2015 US$ | +3.6% |
| 1985 | 4.62 billion constant 2015 US$ | +1.1% |
| 1986 | 4.85 billion constant 2015 US$ | +5.1% |
| 1987 | 4.98 billion constant 2015 US$ | +2.6% |
| 1988 | 5.15 billion constant 2015 US$ | +3.5% |
| 1989 | 5.34 billion constant 2015 US$ | +3.6% |
| 1990 | 5.16 billion constant 2015 US$ | -3.3% |
| 1991 | 4.96 billion constant 2015 US$ | -3.9% |
| 1992 | 4.68 billion constant 2015 US$ | -5.7% |
| 1993 | 4.72 billion constant 2015 US$ | +0.8% |
| 1994 | 4.81 billion constant 2015 US$ | +2.0% |
| 1995 | 4.91 billion constant 2015 US$ | +2.0% |
| 1996 | 5.10 billion constant 2015 US$ | +4.0% |
| 1997 | 5.34 billion constant 2015 US$ | +4.7% |
| 1998 | 5.54 billion constant 2015 US$ | +3.7% |
| 1999 | 5.56 billion constant 2015 US$ | +0.3% |
| 2000 | 5.81 billion constant 2015 US$ | +4.4% |
| 2001 | 5.67 billion constant 2015 US$ | -2.4% |
| 2002 | 5.72 billion constant 2015 US$ | +0.8% |
| 2003 | 5.84 billion constant 2015 US$ | +2.2% |
| 2004 | 5.92 billion constant 2015 US$ | +1.4% |
| 2005 | 6.16 billion constant 2015 US$ | +4.0% |
| 2006 | 6.53 billion constant 2015 US$ | +6.1% |
| 2007 | 6.67 billion constant 2015 US$ | +2.1% |
| 2008 | 6.71 billion constant 2015 US$ | +0.6% |
| 2009 | 6.37 billion constant 2015 US$ | -5.0% |
| 2010 | 5.86 billion constant 2015 US$ | -8.1% |
| 2011 | 5.85 billion constant 2015 US$ | -0.1% |
| 2012 | 5.69 billion constant 2015 US$ | -2.9% |
| 2013 | 5.70 billion constant 2015 US$ | +0.2% |
| 2014 | 5.74 billion constant 2015 US$ | +0.8% |
| 2015 | 5.70 billion constant 2015 US$ | -0.8% |
| 2016 | 5.78 billion constant 2015 US$ | +1.4% |
| 2017 | 5.82 billion constant 2015 US$ | +0.7% |
| 2018 | 5.80 billion constant 2015 US$ | -0.3% |
| 2019 | 5.82 billion constant 2015 US$ | +0.2% |
| 2020 | 4.80 billion constant 2015 US$ | -17.4% |
| 2021 | 5.19 billion constant 2015 US$ | +8.0% |
| 2022 | 6.02 billion constant 2015 US$ | +15.9% |
| 2023 | 6.13 billion constant 2015 US$ | +1.8% |
| 2024 | 6.33 billion constant 2015 US$ | +3.4% |
| 2025 | 6.50 billion constant 2015 US$ | +2.7% |
Barbados compared with similar countries
- Barbados's 6.50 billion constant 2015 US$ is below the median for high income countries, which is 76.03 billion constant 2015 US$, 9% of the median. (80 countries reporting)
- Barbados's 6.50 billion constant 2015 US$ is below the median for Latin America & Caribbean, which is 25.54 billion constant 2015 US$, 25% of the median. (40 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 2.54 billion constant 2015 US$ | 1.95 billion constant 2015 US$ | 3.37 billion constant 2015 US$ | 10 |
| 1970s | 3.93 billion constant 2015 US$ | 3.68 billion constant 2015 US$ | 4.51 billion constant 2015 US$ | 10 |
| 1980s | 4.76 billion constant 2015 US$ | 4.39 billion constant 2015 US$ | 5.34 billion constant 2015 US$ | 10 |
| 1990s | 5.08 billion constant 2015 US$ | 4.68 billion constant 2015 US$ | 5.56 billion constant 2015 US$ | 10 |
| 2000s | 6.14 billion constant 2015 US$ | 5.67 billion constant 2015 US$ | 6.71 billion constant 2015 US$ | 10 |
| 2010s | 5.78 billion constant 2015 US$ | 5.69 billion constant 2015 US$ | 5.86 billion constant 2015 US$ | 10 |
| 2020s | 5.83 billion constant 2015 US$ | 4.80 billion constant 2015 US$ | 6.50 billion constant 2015 US$ | 6 |
Countries ranked near Barbados
- 157 Bermuda 7.53 billion constant 2015 US$ compare
- 158 Isle of Man 7.10 billion constant 2015 US$ compare
- 159 Maldives 6.62 billion constant 2015 US$ compare
- 161 Cayman Islands 6.28 billion constant 2015 US$ compare
- 162 French Polynesia 5.87 billion constant 2015 US$ compare
- 163 Guam 5.72 billion constant 2015 US$ 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$), annual growth rate 2.97 % change on previous year (2024)
Frequently asked questions
- What is gross domestic product (gdp) in Barbados?
- Gross domestic product (gdp) in Barbados was 6.50 billion constant 2015 US$ in 2025, according to National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with minor processing by Our World in Data.
- What is the highest gross domestic product (gdp) recorded in Barbados?
- The highest recorded value was 6.71 billion constant 2015 US$ in 2008.
- What is the lowest gross domestic product (gdp) recorded in Barbados?
- The lowest recorded value was 1.95 billion constant 2015 US$ in 1960.
- How does Barbados rank for gross domestic product (gdp)?
- Barbados ranks 160th out of 209 countries with data for 2025.
- Is gross domestic product (gdp) rising or falling in Barbados?
- Over the last ten years it is up 14.1%. The long-run trend across the full record is rising.
- Where does this Barbados data come from?
- The figures come from National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with minor processing by Our World in Data, published as part of Gross domestic product (GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 66 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 by inflation but _does not_ account for differences in living costs between countries.