Gross Domestic Product, GDP in millions constant 2021 international $ in Barbados
Barbados: Gross Domestic Product, GDP in millions constant 2021 international $ was 12.62 units per square kilometre in 2023. ▲ Rising
Gross Domestic Product, GDP in millions constant 2021 international $ in Barbados, 1991–2023
Source: Statizoid (derived). Measured in units per square kilometre.
Analysis
The most recent figure for gross domestic product, gdp in millions constant 2021 international $ in Barbados is 12.62 units per square kilometre, measured in 2023.
That represents a change of up 4.1% on the previous year and up 4.6% over ten years.
Over the whole period, gross domestic product, gdp in millions constant 2021 international $ in Barbados peaked at 13.27 units per square kilometre in 2008 and was at its lowest, 9.25 units per square kilometre, in 1992.
That places Barbados 21st out of 186 countries with data for 2023, putting it in the top quarter.
The long-run direction has been consistently rising across the 33 years of available data.
Gross Domestic Product, GDP in millions constant 2021 international $ in Barbados, year by year
| Year | units per square kilometre | Change |
|---|---|---|
| 1991 | 9.81 units per square kilometre | — |
| 1992 | 9.25 units per square kilometre | -5.7% |
| 1993 | 9.33 units per square kilometre | +0.8% |
| 1994 | 9.51 units per square kilometre | +2.0% |
| 1995 | 9.7 units per square kilometre | +2.0% |
| 1996 | 10.09 units per square kilometre | +4.0% |
| 1997 | 10.57 units per square kilometre | +4.7% |
| 1998 | 10.96 units per square kilometre | +3.7% |
| 1999 | 11 units per square kilometre | +0.3% |
| 2000 | 11.49 units per square kilometre | +4.4% |
| 2001 | 11.22 units per square kilometre | -2.4% |
| 2002 | 11.31 units per square kilometre | +0.8% |
| 2003 | 11.55 units per square kilometre | +2.2% |
| 2004 | 11.71 units per square kilometre | +1.4% |
| 2005 | 12.18 units per square kilometre | +4.0% |
| 2006 | 12.92 units per square kilometre | +6.1% |
| 2007 | 13.19 units per square kilometre | +2.1% |
| 2008 | 13.27 units per square kilometre | +0.6% |
| 2009 | 12.6 units per square kilometre | -5.0% |
| 2010 | 12.32 units per square kilometre | -2.2% |
| 2011 | 12.23 units per square kilometre | -0.7% |
| 2012 | 12.2 units per square kilometre | -0.3% |
| 2013 | 12.07 units per square kilometre | -1.0% |
| 2014 | 12.08 units per square kilometre | +0.1% |
| 2015 | 11.98 units per square kilometre | -0.8% |
| 2016 | 12.19 units per square kilometre | +1.8% |
| 2017 | 12.21 units per square kilometre | +0.1% |
| 2018 | 12.07 units per square kilometre | -1.2% |
| 2019 | 12.15 units per square kilometre | +0.7% |
| 2020 | 10.32 units per square kilometre | -15.1% |
| 2021 | 10.29 units per square kilometre | -0.3% |
| 2022 | 12.13 units per square kilometre | +17.8% |
| 2023 | 12.62 units per square kilometre | +4.1% |
Barbados compared with similar countries
- Barbados's 12.62 units per square kilometre is above the median for high income countries, which is 5.14 units per square kilometre, 2.5× the median. (62 countries reporting)
- Barbados's 12.62 units per square kilometre is above the median for Latin America & Caribbean, which is 1.25 units per square kilometre, 10.1× the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 10.03 units per square kilometre | 9.25 units per square kilometre | 11 units per square kilometre | 9 |
| 2000s | 12.14 units per square kilometre | 11.22 units per square kilometre | 13.27 units per square kilometre | 10 |
| 2010s | 12.15 units per square kilometre | 11.98 units per square kilometre | 12.32 units per square kilometre | 10 |
| 2020s | 11.34 units per square kilometre | 10.29 units per square kilometre | 12.62 units per square kilometre | 4 |
Countries ranked near Barbados
- 18 Germany 15.06 units per square kilometre compare
- 19 United Kingdom 14.86 units per square kilometre compare
- 20 Kuwait 13.01 units per square kilometre compare
- 22 United States Virgin Islands 11.41 units per square kilometre compare
- 23 Bangladesh 10.87 units per square kilometre compare
- 24 Italy 10.52 units per square kilometre 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 millions constant 2021 international $ in Barbados?
- Gross domestic product, gdp in millions constant 2021 international $ in Barbados was 12.62 units per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross domestic product, gdp in millions constant 2021 international $ recorded in Barbados?
- The highest recorded value was 13.27 units per square kilometre in 2008.
- What is the lowest gross domestic product, gdp in millions constant 2021 international $ recorded in Barbados?
- The lowest recorded value was 9.25 units per square kilometre in 1992.
- How does Barbados rank for gross domestic product, gdp in millions constant 2021 international $?
- Barbados ranks 21st out of 186 countries with data for 2023.
- Is gross domestic product, gdp in millions constant 2021 international $ rising or falling in Barbados?
- Over the last ten years it is up 4.6%. The long-run trend across the full record is rising.
- Where does this Barbados data come from?
- The figures come from Statizoid (derived), published as part of Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates), per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 33 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates) ÷ Land area (sq. km)
Computed from
- Gross Domestic Product, GDP in millions constant 2021 international $ International Labour Organization
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
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
Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.