Gross Domestic Product, GDP in millions constant 2021 international $ in Barbados
Barbados: Gross Domestic Product, GDP in millions constant 2021 international $ was 2 % change on previous year in 2027. ◆ Volatile
Gross Domestic Product, GDP in millions constant 2021 international $ in Barbados, 1992–2027
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross domestic product, gdp in millions constant 2021 international $ in Barbados is 2 % change on previous year, measured in 2027.
The figure is down 4.8% on the previous year and up 1,458.3% over ten years.
Over the whole period, gross domestic product, gdp in millions constant 2021 international $ in Barbados peaked at 17.83 % change on previous year in 2022 and was at its lowest, -15.05 % change on previous year, in 2020.
That places Barbados 151st out of 189 countries with data for 2027, 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 in millions constant 2021 international $ in Barbados, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1992 | -5.69 % change on previous year | — |
| 1993 | 0.7933 % 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 | +1228.6% |
| 2001 | -2.37 % change on previous year | -153.2% |
| 2002 | 0.7874 % 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 | -65.7% |
| 2008 | 0.6333 % change on previous year | -69.5% |
| 2009 | -5.02 % change on previous year | -892.2% |
| 2010 | -2.22 % change on previous year | -55.8% |
| 2011 | -0.7314 % change on previous year | -67.0% |
| 2012 | -0.3135 % change on previous year | -57.1% |
| 2013 | -1.01 % change on previous year | +222.3% |
| 2014 | 0.0824 % change on previous year | -108.2% |
| 2015 | -0.8461 % change on previous year | -1126.3% |
| 2016 | 1.79 % change on previous year | -311.8% |
| 2017 | 0.1283 % change on previous year | -92.8% |
| 2018 | -1.17 % change on previous year | -1014.7% |
| 2019 | 0.6526 % change on previous year | -155.6% |
| 2020 | -15.05 % change on previous year | -2406.9% |
| 2021 | -0.2549 % change on previous year | -98.3% |
| 2022 | 17.83 % change on previous year | -7095.2% |
| 2023 | 4.09 % change on previous year | -77.0% |
| 2024 | 4 % change on previous year | -2.3% |
| 2025 | 2.7 % change on previous year | -32.5% |
| 2026 | 2.1 % change on previous year | -22.2% |
| 2027 | 2 % change on previous year | -4.8% |
Biggest year-on-year movements
Years where Gross Domestic Product, GDP in millions constant 2021 international $ 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 |
|---|---|---|---|
| 2022 | +7095.2% | -0.2549 % change on previous year | 17.83 % change on previous year |
| 2020 | -2406.9% | 0.6526 % change on previous year | -15.05 % change on previous year |
| 2000 | +1228.6% | 0.3347 % change on previous year | 4.45 % change on previous year |
| 2015 | -1126.3% | 0.0824 % change on previous year | -0.8461 % change on previous year |
| 2018 | -1014.7% | 0.1283 % change on previous year | -1.17 % change on previous year |
| 2009 | -892.2% | 0.6333 % change on previous year | -5.02 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.49 % change on previous year | -5.69 % change on previous year | 4.74 % change on previous year | 8 |
| 2000s | 1.42 % change on previous year | -5.02 % change on previous year | 6.07 % change on previous year | 10 |
| 2010s | -0.3638 % change on previous year | -2.22 % change on previous year | 1.79 % change on previous year | 10 |
| 2020s | 2.18 % change on previous year | -15.05 % change on previous year | 17.83 % change on previous year | 8 |
Countries ranked near Barbados
- 148 Bolivia, Plurinational State of 2.04 % change on previous year compare
- 149 Hong Kong, China 2.03 % change on previous year compare
- 150 Czechia 2 % change on previous year compare
- 152 Saint Lucia 1.97 % change on previous year compare
- 153 Canada 1.88 % change on previous year compare
- 154 Estonia 1.84 % 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 in millions constant 2021 international $ in Barbados?
- Gross domestic product, gdp in millions constant 2021 international $ in Barbados was 2 % change on previous year in 2027, 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 17.83 % change on previous year in 2022.
- What is the lowest gross domestic product, gdp in millions constant 2021 international $ recorded in Barbados?
- The lowest recorded value was -15.05 % change on previous year in 2020.
- How does Barbados rank for gross domestic product, gdp in millions constant 2021 international $?
- Barbados ranks 151st out of 189 countries with data for 2027.
- Is gross domestic product, gdp in millions constant 2021 international $ rising or falling in Barbados?
- Over the last ten years it is up 1,458.3%. 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 in millions constant 2021 international $ at PPP (ILO modelled estimates), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
The year-on-year percentage change in Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross Domestic Product, GDP in millions constant 2021 international $ International Labour Organization
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 in millions constant 2021 international $ at PPP (ILO modelled estimates). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.