Gross domestic product (GDP), Constant prices, Purchasing power in Barbados
Barbados: Gross domestic product (GDP), Constant prices, Purchasing power was 3.36 in 2019. ▲ Rising
Latest (2019)
3.36
Change on year
down 0.1%
World rank
171st
of 193 countries
All-time high
3.55
in 2008
All-time low
0.9641
in 1960
Years of data
60
1960–2019
Gross domestic product (GDP), Constant prices, Purchasing power in Barbados, 1960–2019
Source: International Monetary Fund.
Analysis
The most recent figure for gross domestic product (gdp), constant prices, purchasing power in Barbados is 3.36, measured in 2019.
That represents a change of down 0.1% on the previous year and down 0.3% over ten years.
Over the whole period, gross domestic product (gdp), constant prices, purchasing power in Barbados peaked at 3.55 in 2008 and was at its lowest, 0.9641, in 1960.
Barbados ranks 171st of 193 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 60 years of available data.
Gross domestic product (GDP), Constant prices, Purchasing power in Barbados, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 0.9641 | — |
| 1961 | 1.03 | +7.2% |
| 1962 | 1.08 | +4.9% |
| 1963 | 1.03 | -4.6% |
| 1964 | 1.07 | +3.9% |
| 1965 | 1.19 | +10.3% |
| 1966 | 1.22 | +2.9% |
| 1967 | 1.4 | +15.0% |
| 1968 | 1.52 | +8.3% |
| 1969 | 1.66 | +9.5% |
| 1970 | 1.83 | +10.3% |
| 1971 | 1.91 | +3.9% |
| 1972 | 1.93 | +1.3% |
| 1973 | 1.96 | +1.3% |
| 1974 | 1.86 | -4.7% |
| 1975 | 1.94 | +4.0% |
| 1976 | 2.02 | +4.4% |
| 1977 | 2.1 | +3.6% |
| 1978 | 2.2 | +4.9% |
| 1979 | 2.37 | +7.9% |
| 1980 | 2.48 | +4.4% |
| 1981 | 2.43 | -1.9% |
| 1982 | 2.31 | -4.9% |
| 1983 | 2.32 | +0.5% |
| 1984 | 2.4 | +3.6% |
| 1985 | 2.43 | +1.1% |
| 1986 | 2.55 | +5.1% |
| 1987 | 2.62 | +2.6% |
| 1988 | 2.71 | +3.5% |
| 1989 | 2.81 | +3.6% |
| 1990 | 2.71 | -3.3% |
| 1991 | 2.61 | -3.9% |
| 1992 | 2.43 | -7.0% |
| 1993 | 2.46 | +1.2% |
| 1994 | 2.55 | +3.8% |
| 1995 | 2.6 | +2.0% |
| 1996 | 2.7 | +4.0% |
| 1997 | 2.83 | +4.7% |
| 1998 | 2.94 | +3.7% |
| 1999 | 2.95 | +0.3% |
| 2000 | 3.08 | +4.5% |
| 2001 | 3.01 | -2.4% |
| 2002 | 3.03 | +0.8% |
| 2003 | 3.09 | +2.2% |
| 2004 | 3.14 | +1.4% |
| 2005 | 3.26 | +4.0% |
| 2006 | 3.45 | +5.7% |
| 2007 | 3.52 | +2.2% |
| 2008 | 3.55 | +0.7% |
| 2009 | 3.37 | -5.1% |
| 2010 | 3.29 | -2.3% |
| 2011 | 3.27 | -0.7% |
| 2012 | 3.25 | -0.4% |
| 2013 | 3.21 | -1.4% |
| 2014 | 3.2 | -0.1% |
| 2015 | 3.28 | +2.4% |
| 2016 | 3.36 | +2.5% |
| 2017 | 3.38 | +0.5% |
| 2018 | 3.36 | -0.6% |
| 2019 | 3.36 | -0.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1.22 | 0.9641 | 1.66 | 10 |
| 1970s | 2.01 | 1.83 | 2.37 | 10 |
| 1980s | 2.51 | 2.31 | 2.81 | 10 |
| 1990s | 2.68 | 2.43 | 2.95 | 10 |
| 2000s | 3.25 | 3.01 | 3.55 | 10 |
| 2010s | 3.3 | 3.2 | 3.38 | 10 |
Countries ranked near Barbados
- 168 Central African Republic 4.56 compare
- 169 Cape Verde 4.09 compare
- 170 Guinea-Bissau 3.77 compare
- 172 Aruba 3.07 compare
- 173 Comoros 2.73 compare
- 174 Seychelles 2.44 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), constant prices, purchasing power in Barbados?
- Gross domestic product (gdp), constant prices, purchasing power in Barbados was 3.36 in 2019, according to International Monetary Fund.
- What is the highest gross domestic product (gdp), constant prices, purchasing power recorded in Barbados?
- The highest recorded value was 3.55 in 2008.
- What is the lowest gross domestic product (gdp), constant prices, purchasing power recorded in Barbados?
- The lowest recorded value was 0.9641 in 1960.
- How does Barbados rank for gross domestic product (gdp), constant prices, purchasing power?
- Barbados ranks 171st out of 193 countries with data for 2019.
- Is gross domestic product (gdp), constant prices, purchasing power rising or falling in Barbados?
- Over the last ten years it is down 0.3%. The long-run trend across the full record is rising.
- Where does this Barbados data come from?
- The figures come from International Monetary Fund, published as part of Gross domestic product (GDP), Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. Statizoid updates them automatically from the source API.
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About this data
This dataset provides comprehensive data for investment and capital stock for the general government, private sector and public-private partnerships, across the Fund member countries.