Gross domestic product (GDP), Current prices, Domestic currency in Barbados
Barbados: Gross domestic product (GDP), Current prices, Domestic currency was 10.42 in 2019. ◆ Volatile
Gross domestic product (GDP), Current prices, Domestic currency in Barbados, 1960–2019
Source: International Monetary Fund.
Analysis
In 2019, gross domestic product (gdp), current prices, domestic currency in Barbados stood at 10.42. That is the highest value across all 60 years on record.
The figure is up 2.4% on the previous year and up 16.7% over ten years.
Over the whole period, gross domestic product (gdp), current prices, domestic currency in Barbados peaked at 10.42 in 2019 and was at its lowest, 0.1785, in 1960.
That places Barbados 173rd out of 194 countries with data for 2019, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP), Current prices, Domestic currency in Barbados, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 0.1785 | — |
| 1961 | 0.1898 | +6.3% |
| 1962 | 0.1952 | +2.9% |
| 1963 | 0.2165 | +10.9% |
| 1964 | 0.2166 | +0.1% |
| 1965 | 0.2302 | +6.3% |
| 1966 | 0.2499 | +8.5% |
| 1967 | 0.2857 | +14.3% |
| 1968 | 0.3248 | +13.7% |
| 1969 | 0.3697 | +13.8% |
| 1970 | 0.436 | +17.9% |
| 1971 | 0.4839 | +11.0% |
| 1972 | 0.5385 | +11.3% |
| 1973 | 0.67 | +24.4% |
| 1974 | 0.8396 | +25.3% |
| 1975 | 0.9704 | +15.6% |
| 1976 | 1.04 | +7.5% |
| 1977 | 1.19 | +13.7% |
| 1978 | 1.33 | +11.9% |
| 1979 | 1.61 | +21.3% |
| 1980 | 2.07 | +28.3% |
| 1981 | 2.28 | +10.1% |
| 1982 | 2.38 | +4.5% |
| 1983 | 2.52 | +6.2% |
| 1984 | 2.75 | +9.0% |
| 1985 | 2.88 | +4.7% |
| 1986 | 3.16 | +9.8% |
| 1987 | 3.48 | +10.1% |
| 1988 | 3.7 | +6.4% |
| 1989 | 4.09 | +10.6% |
| 1990 | 4.11 | +0.4% |
| 1991 | 4.08 | -0.8% |
| 1992 | 3.94 | -3.3% |
| 1993 | 4.16 | +5.5% |
| 1994 | 4.37 | +5.1% |
| 1995 | 4.59 | +5.1% |
| 1996 | 4.9 | +6.6% |
| 1997 | 5.18 | +5.7% |
| 1998 | 5.84 | +12.8% |
| 1999 | 6.12 | +4.8% |
| 2000 | 6.3 | +3.1% |
| 2001 | 6.29 | -0.2% |
| 2002 | 6.4 | +1.7% |
| 2003 | 6.61 | +3.3% |
| 2004 | 7.1 | +7.3% |
| 2005 | 7.87 | +10.9% |
| 2006 | 8.43 | +7.2% |
| 2007 | 9.35 | +10.8% |
| 2008 | 9.57 | +2.4% |
| 2009 | 8.93 | -6.7% |
| 2010 | 9.06 | +1.4% |
| 2011 | 9.32 | +2.8% |
| 2012 | 9.22 | -1.0% |
| 2013 | 9.35 | +1.5% |
| 2014 | 9.39 | +0.4% |
| 2015 | 9.43 | +0.4% |
| 2016 | 9.66 | +2.4% |
| 2017 | 9.96 | +3.1% |
| 2018 | 10.17 | +2.2% |
| 2019 | 10.42 | +2.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.2457 | 0.1785 | 0.3697 | 10 |
| 1970s | 0.9108 | 0.436 | 1.61 | 10 |
| 1980s | 2.93 | 2.07 | 4.09 | 10 |
| 1990s | 4.73 | 3.94 | 6.12 | 10 |
| 2000s | 7.69 | 6.29 | 9.57 | 10 |
| 2010s | 9.6 | 9.06 | 10.42 | 10 |
Countries ranked near Barbados
- 170 Malta 13.28 compare
- 171 Fiji 11.89 compare
- 172 Solomon Islands 10.65 compare
- 174 Sao Tome and Principe 9.23 compare
- 175 Aruba 5.89 compare
- 176 Saint Lucia 5.73 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)
- Agriculture, forestry, and fishing, value added (current LCU), annual -1.03 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (current LCU), per 0.0311 current LCU per US$ of GDP (2024)
- Agriculture, forestry, and fishing, value added (current LCU), per 836.37 current LCU per person (2024)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) -4.25 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 0.0122 constant 2015 US$ per US$ of GDP (2024)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 327.59 constant 2015 US$ per person (2024)
- Agriculture, forestry, and fishing, value added (constant LCU) -4.25 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (constant LCU), per 0.0301 constant LCU per US$ of GDP (2024)
Frequently asked questions
- What is gross domestic product (gdp), current prices, domestic currency in Barbados?
- Gross domestic product (gdp), current prices, domestic currency in Barbados was 10.42 in 2019, according to International Monetary Fund.
- What is the highest gross domestic product (gdp), current prices, domestic currency recorded in Barbados?
- The highest recorded value was 10.42 in 2019.
- What is the lowest gross domestic product (gdp), current prices, domestic currency recorded in Barbados?
- The lowest recorded value was 0.1785 in 1960.
- How does Barbados rank for gross domestic product (gdp), current prices, domestic currency?
- Barbados ranks 173rd out of 194 countries with data for 2019.
- Is gross domestic product (gdp), current prices, domestic currency rising or falling in Barbados?
- Over the last ten years it is up 16.7%. The long-run trend across the full record is volatile.
- Where does this Barbados data come from?
- The figures come from International Monetary Fund, published as part of Gross domestic product (GDP), Current prices, Domestic currency. 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.