GNI per capita in Barbados
Barbados: GNI per capita was 16,084 US$ in 2020. ▲ Rising
GNI per capita in Barbados, 1990–2020
Source: World Bank national accounts data, and OECD National Accounts data files. Measured in US$.
Analysis
Barbados recorded 16,084 US$ for gni per capita in 2020.
Compared with earlier readings it is down 8.4% on the previous year and up 2.7% over ten years.
Over the whole period, gni per capita in Barbados peaked at 17,550 US$ in 2019 and was at its lowest, 7,337 US$, in 1992.
That places Barbados 58th out of 207 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently rising across the 31 years of available data.
GNI per capita in Barbados, year by year
| Year | US$ | Change |
|---|---|---|
| 1990 | 7,537 US$ | — |
| 1991 | 7,565 US$ | +0.4% |
| 1992 | 7,337 US$ | -3.0% |
| 1993 | 7,669 US$ | +4.5% |
| 1994 | 7,950 US$ | +3.7% |
| 1995 | 8,116 US$ | +2.1% |
| 1996 | 8,589 US$ | +5.8% |
| 1997 | 9,089 US$ | +5.8% |
| 1998 | 10,208 US$ | +12.3% |
| 1999 | 10,597 US$ | +3.8% |
| 2000 | 10,918 US$ | +3.0% |
| 2001 | 10,807 US$ | -1.0% |
| 2002 | 10,926 US$ | +1.1% |
| 2003 | 11,211 US$ | +2.6% |
| 2004 | 12,088 US$ | +7.8% |
| 2005 | 13,189 US$ | +9.1% |
| 2006 | 14,275 US$ | +8.2% |
| 2007 | 16,097 US$ | +12.8% |
| 2008 | 16,214 US$ | +0.7% |
| 2009 | 15,210 US$ | -6.2% |
| 2010 | 15,659 US$ | +3.0% |
| 2011 | 15,398 US$ | -1.7% |
| 2012 | 15,642 US$ | +1.6% |
| 2013 | 15,768 US$ | +0.8% |
| 2014 | 15,795 US$ | +0.2% |
| 2015 | 15,813 US$ | +0.1% |
| 2016 | 16,135 US$ | +2.0% |
| 2017 | 16,622 US$ | +3.0% |
| 2018 | 16,911 US$ | +1.7% |
| 2019 | 17,550 US$ | +3.8% |
| 2020 | 16,084 US$ | -8.4% |
Barbados compared with similar countries
- Barbados's 16,084 US$ is below the median for high income countries, which is 26,430 US$, 61% of the median. (75 countries reporting)
- Barbados's 16,084 US$ is above the median for Latin America & Caribbean, which is 8,362 US$, 1.9× the median. (39 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 8,466 US$ | 7,337 US$ | 10,597 US$ | 10 |
| 2000s | 13,094 US$ | 10,807 US$ | 16,214 US$ | 10 |
| 2010s | 16,129 US$ | 15,398 US$ | 17,550 US$ | 10 |
| 2020s | 16,084 US$ | 16,084 US$ | 16,084 US$ | 1 |
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$), annual growth rate 2.97 % change on previous year (2024)
Frequently asked questions
- What is gni per capita in Barbados?
- Gni per capita in Barbados was 16,084 US$ in 2020, according to World Bank national accounts data, and OECD National Accounts data files.
- What is the highest gni per capita recorded in Barbados?
- The highest recorded value was 17,550 US$ in 2019.
- What is the lowest gni per capita recorded in Barbados?
- The lowest recorded value was 7,337 US$ in 1992.
- How does Barbados rank for gni per capita?
- Barbados ranks 58th out of 207 countries with data for 2020.
- Is gni per capita rising or falling in Barbados?
- Over the last ten years it is up 2.7%. The long-run trend across the full record is rising.
- Where does this Barbados data come from?
- The figures come from World Bank national accounts data, and OECD National Accounts data files, published as part of GNI per capita (US$). Statizoid updates them automatically from the source API.
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About this data
GNI per capita is gross national income divided by midyear population. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current U.S. dollars.