Gross domestic product (GDP), annual growth rate in Barbados
Barbados: Gross domestic product (GDP), annual growth rate was 2.7 % change on previous year in 2025. ◆ Volatile
Gross domestic product (GDP), annual growth rate in Barbados, 1991–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross domestic product (gdp), annual growth rate in Barbados is 2.7 % change on previous year, measured in 2025.
That represents a change of down 19.8% on the previous year and up 449.5% over ten years.
Over the whole period, gross domestic product (gdp), annual growth rate in Barbados peaked at 15.95 % change on previous year in 2022 and was at its lowest, -17.41 % change on previous year, in 2020.
That places Barbados 121st out of 198 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP), annual growth rate in Barbados, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1991 | -3.9 % change on previous year | — |
| 1992 | -5.69 % change on previous year | +46.0% |
| 1993 | 0.7931 % change on previous year | -113.9% |
| 1994 | 2.01 % change on previous year | +153.5% |
| 1995 | 2.01 % change on previous year | +0.2% |
| 1996 | 3.98 % change on previous year | +97.4% |
| 1997 | 4.74 % change on previous year | +19.2% |
| 1998 | 3.73 % change on previous year | -21.3% |
| 1999 | 0.3347 % change on previous year | -91.0% |
| 2000 | 4.45 % change on previous year | +1228.7% |
| 2001 | -2.37 % change on previous year | -153.2% |
| 2002 | 0.7873 % change on previous year | -133.3% |
| 2003 | 2.18 % change on previous year | +176.3% |
| 2004 | 1.41 % change on previous year | -35.1% |
| 2005 | 3.96 % change on previous year | +180.2% |
| 2006 | 6.07 % change on previous year | +53.5% |
| 2007 | 2.08 % change on previous year | -65.8% |
| 2008 | 0.6334 % change on previous year | -69.5% |
| 2009 | -5.02 % change on previous year | -892.1% |
| 2010 | -8.08 % change on previous year | +61.1% |
| 2011 | -0.0742 % change on previous year | -99.1% |
| 2012 | -2.86 % change on previous year | +3751.2% |
| 2013 | 0.1953 % change on previous year | -106.8% |
| 2014 | 0.8073 % change on previous year | +313.3% |
| 2015 | -0.7726 % change on previous year | -195.7% |
| 2016 | 1.42 % change on previous year | -283.3% |
| 2017 | 0.6546 % change on previous year | -53.8% |
| 2018 | -0.2521 % change on previous year | -138.5% |
| 2019 | 0.2412 % change on previous year | -195.7% |
| 2020 | -17.41 % change on previous year | -7315.7% |
| 2021 | 8.02 % change on previous year | -146.1% |
| 2022 | 15.95 % change on previous year | +98.8% |
| 2023 | 1.81 % change on previous year | -88.6% |
| 2024 | 3.37 % change on previous year | +85.6% |
| 2025 | 2.7 % change on previous year | -19.8% |
Barbados compared with similar countries
- Barbados's 2.7 % change on previous year is above the median for high income countries, which is 2.15 % change on previous year, 1.3× the median. (74 countries reporting)
- Barbados's 2.7 % change on previous year is below the median for Latin America & Caribbean, which is 3.39 % change on previous year, 80% of the median. (38 countries reporting)
Biggest year-on-year movements
Years where Gross domestic product (GDP), annual growth rate in Barbados changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2020 | -7315.7% | 0.2412 % change on previous year | -17.41 % change on previous year |
| 2012 | -3751.2% | -0.0742 % change on previous year | -2.86 % change on previous year |
| 2000 | +1228.7% | 0.3347 % change on previous year | 4.45 % change on previous year |
| 2009 | -892.1% | 0.6334 % change on previous year | -5.02 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.8895 % change on previous year | -5.69 % change on previous year | 4.74 % change on previous year | 9 |
| 2000s | 1.42 % change on previous year | -5.02 % change on previous year | 6.07 % change on previous year | 10 |
| 2010s | -0.8723 % change on previous year | -8.08 % change on previous year | 1.42 % change on previous year | 10 |
| 2020s | 2.41 % change on previous year | -17.41 % change on previous year | 15.95 % change on previous year | 6 |
Countries ranked near Barbados
- 118 Belize 2.75 % change on previous year compare
- 119 Montenegro 2.74 % change on previous year compare
- 120 Kuwait 2.73 % change on previous year compare
- 122 Saint Kitts and Nevis 2.69 % change on previous year compare
- 123 Colombia 2.64 % change on previous year compare
- 124 Czechia 2.58 % change on previous year 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), annual growth rate in Barbados?
- Gross domestic product (gdp), annual growth rate in Barbados was 2.7 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest gross domestic product (gdp), annual growth rate recorded in Barbados?
- The highest recorded value was 15.95 % change on previous year in 2022.
- What is the lowest gross domestic product (gdp), annual growth rate recorded in Barbados?
- The lowest recorded value was -17.41 % change on previous year in 2020.
- How does Barbados rank for gross domestic product (gdp), annual growth rate?
- Barbados ranks 121st out of 198 countries with data for 2025.
- Is gross domestic product (gdp), annual growth rate rising or falling in Barbados?
- Over the last ten years it is up 449.5%. The long-run trend across the full record is volatile.
- Where does this Barbados data come from?
- The figures come from Statizoid (derived), published as part of Gross domestic product (GDP), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 35 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross domestic product (GDP). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross domestic product (GDP) Eurostat, OECD, IMF, and World Bank (2026) – with minor processing by Our World in Data
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross domestic product (GDP). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.