Gross domestic product (GDP), per capita in Barbados
Barbados: Gross domestic product (GDP), per capita was 10,831 international-$ in 2021 prices per person in 2023. ▲ Rising
Latest (2023)
10,831 international-$ in 2021 prices per person
Change on year
up 9.8%
World rank
118th
of 181 countries
All-time high
27,892 international-$ in 2021 prices per person
in 1996
All-time low
9,337 international-$ in 2021 prices per person
in 2021
Years of data
64
1960–2023
Gross domestic product (GDP), per capita in Barbados, 1960–2023
Source: Statizoid (derived). Measured in international-$ in 2021 prices per person.
Analysis
In 2023, gross domestic product (gdp), per capita in Barbados stood at 10,831 international-$ in 2021 prices per person.
That represents a change of up 9.8% on the previous year and down 28.1% over ten years.
Over the whole period, gross domestic product (gdp), per capita in Barbados peaked at 27,892 international-$ in 2021 prices per person in 1996 and was at its lowest, 9,337 international-$ in 2021 prices per person, in 2021.
That places Barbados 118th out of 181 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 64 years of available data.
Gross domestic product (GDP), per capita in Barbados, year by year
| Year | international-$ in 2021 prices per person | Change |
|---|---|---|
| 1960 | 10,205 international-$ in 2021 prices per person | — |
| 1961 | 10,370 international-$ in 2021 prices per person | +1.6% |
| 1962 | 10,588 international-$ in 2021 prices per person | +2.1% |
| 1963 | 10,354 international-$ in 2021 prices per person | -2.2% |
| 1964 | 10,279 international-$ in 2021 prices per person | -0.7% |
| 1965 | 10,679 international-$ in 2021 prices per person | +3.9% |
| 1966 | 11,186 international-$ in 2021 prices per person | +4.7% |
| 1967 | 12,297 international-$ in 2021 prices per person | +9.9% |
| 1968 | 12,708 international-$ in 2021 prices per person | +3.3% |
| 1969 | 14,578 international-$ in 2021 prices per person | +14.7% |
| 1970 | 16,090 international-$ in 2021 prices per person | +10.4% |
| 1971 | 16,659 international-$ in 2021 prices per person | +3.5% |
| 1972 | 16,936 international-$ in 2021 prices per person | +1.7% |
| 1973 | 16,454 international-$ in 2021 prices per person | -2.9% |
| 1974 | 14,854 international-$ in 2021 prices per person | -9.7% |
| 1975 | 17,592 international-$ in 2021 prices per person | +18.4% |
| 1976 | 13,864 international-$ in 2021 prices per person | -21.2% |
| 1977 | 14,060 international-$ in 2021 prices per person | +1.4% |
| 1978 | 13,406 international-$ in 2021 prices per person | -4.7% |
| 1979 | 14,166 international-$ in 2021 prices per person | +5.7% |
| 1980 | 13,960 international-$ in 2021 prices per person | -1.4% |
| 1981 | 13,792 international-$ in 2021 prices per person | -1.2% |
| 1982 | 13,938 international-$ in 2021 prices per person | +1.1% |
| 1983 | 14,324 international-$ in 2021 prices per person | +2.8% |
| 1984 | 14,733 international-$ in 2021 prices per person | +2.9% |
| 1985 | 12,950 international-$ in 2021 prices per person | -12.1% |
| 1986 | 15,023 international-$ in 2021 prices per person | +16.0% |
| 1987 | 16,324 international-$ in 2021 prices per person | +8.7% |
| 1988 | 17,094 international-$ in 2021 prices per person | +4.7% |
| 1989 | 18,400 international-$ in 2021 prices per person | +7.6% |
| 1990 | 17,307 international-$ in 2021 prices per person | -5.9% |
| 1991 | 18,242 international-$ in 2021 prices per person | +5.4% |
| 1992 | 13,797 international-$ in 2021 prices per person | -24.4% |
| 1993 | 14,520 international-$ in 2021 prices per person | +5.2% |
| 1994 | 23,898 international-$ in 2021 prices per person | +64.6% |
| 1995 | 26,058 international-$ in 2021 prices per person | +9.0% |
| 1996 | 27,892 international-$ in 2021 prices per person | +7.0% |
| 1997 | 25,663 international-$ in 2021 prices per person | -8.0% |
| 1998 | 26,488 international-$ in 2021 prices per person | +3.2% |
| 1999 | 25,964 international-$ in 2021 prices per person | -2.0% |
| 2000 | 25,200 international-$ in 2021 prices per person | -2.9% |
| 2001 | 24,419 international-$ in 2021 prices per person | -3.1% |
| 2002 | 23,887 international-$ in 2021 prices per person | -2.2% |
| 2003 | 21,535 international-$ in 2021 prices per person | -9.8% |
| 2004 | 22,055 international-$ in 2021 prices per person | +2.4% |
| 2005 | 21,936 international-$ in 2021 prices per person | -0.5% |
| 2006 | 20,417 international-$ in 2021 prices per person | -6.9% |
| 2007 | 22,698 international-$ in 2021 prices per person | +11.2% |
| 2008 | 21,524 international-$ in 2021 prices per person | -5.2% |
| 2009 | 19,498 international-$ in 2021 prices per person | -9.4% |
| 2010 | 19,554 international-$ in 2021 prices per person | +0.3% |
| 2011 | 18,144 international-$ in 2021 prices per person | -7.2% |
| 2012 | 16,530 international-$ in 2021 prices per person | -8.9% |
| 2013 | 15,057 international-$ in 2021 prices per person | -8.9% |
| 2014 | 15,001 international-$ in 2021 prices per person | -0.4% |
| 2015 | 13,860 international-$ in 2021 prices per person | -7.6% |
| 2016 | 13,319 international-$ in 2021 prices per person | -3.9% |
| 2017 | 12,860 international-$ in 2021 prices per person | -3.4% |
| 2018 | 11,584 international-$ in 2021 prices per person | -9.9% |
| 2019 | 11,030 international-$ in 2021 prices per person | -4.8% |
| 2020 | 10,516 international-$ in 2021 prices per person | -4.7% |
| 2021 | 9,337 international-$ in 2021 prices per person | -11.2% |
| 2022 | 9,868 international-$ in 2021 prices per person | +5.7% |
| 2023 | 10,831 international-$ in 2021 prices per person | +9.8% |
Barbados compared with similar countries
- Barbados's 10,831 international-$ in 2021 prices per person is below the median for high income countries, which is 45,244 international-$ in 2021 prices per person, 24% of the median. (66 countries reporting)
- Barbados's 10,831 international-$ in 2021 prices per person is below the median for Latin America & Caribbean, which is 17,495 international-$ in 2021 prices per person, 62% of the median. (37 countries reporting)
Biggest year-on-year movements
Years where Gross domestic product (GDP), per capita 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 |
|---|---|---|---|
| 1994 | +64.6% | 14,520 international-$ in 2021 prices per person | 23,898 international-$ in 2021 prices per person |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 11,324 international-$ in 2021 prices per person | 10,205 international-$ in 2021 prices per person | 14,578 international-$ in 2021 prices per person | 10 |
| 1970s | 15,408 international-$ in 2021 prices per person | 13,406 international-$ in 2021 prices per person | 17,592 international-$ in 2021 prices per person | 10 |
| 1980s | 15,054 international-$ in 2021 prices per person | 12,950 international-$ in 2021 prices per person | 18,400 international-$ in 2021 prices per person | 10 |
| 1990s | 21,983 international-$ in 2021 prices per person | 13,797 international-$ in 2021 prices per person | 27,892 international-$ in 2021 prices per person | 10 |
| 2000s | 22,317 international-$ in 2021 prices per person | 19,498 international-$ in 2021 prices per person | 25,200 international-$ in 2021 prices per person | 10 |
| 2010s | 14,694 international-$ in 2021 prices per person | 11,030 international-$ in 2021 prices per person | 19,554 international-$ in 2021 prices per person | 10 |
| 2020s | 10,138 international-$ in 2021 prices per person | 9,337 international-$ in 2021 prices per person | 10,831 international-$ in 2021 prices per person | 4 |
Countries ranked near Barbados
- 115 Tunisia 12,112 international-$ in 2021 prices per person compare
- 116 Belize 11,849 international-$ in 2021 prices per person compare
- 117 El Salvador 11,245 international-$ in 2021 prices per person compare
- 119 Philippines 10,110 international-$ in 2021 prices per person compare
- 120 Kyrgyzstan 9,854 international-$ in 2021 prices per person compare
- 121 Uzbekistan 9,794 international-$ in 2021 prices per person 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$), annual growth rate 2.97 % change on previous year (2024)
Frequently asked questions
- What is gross domestic product (gdp), per capita in Barbados?
- Gross domestic product (gdp), per capita in Barbados was 10,831 international-$ in 2021 prices per person in 2023, according to Statizoid (derived).
- What is the highest gross domestic product (gdp), per capita recorded in Barbados?
- The highest recorded value was 27,892 international-$ in 2021 prices per person in 1996.
- What is the lowest gross domestic product (gdp), per capita recorded in Barbados?
- The lowest recorded value was 9,337 international-$ in 2021 prices per person in 2021.
- How does Barbados rank for gross domestic product (gdp), per capita?
- Barbados ranks 118th out of 181 countries with data for 2023.
- Is gross domestic product (gdp), per capita rising or falling in Barbados?
- Over the last ten years it is down 28.1%. 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), per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 64 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross domestic product (GDP) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross domestic product (GDP) ÷ Population, total
Computed from
- Gross domestic product (GDP) Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data
- Population, total World Population Prospects, United Nations (UN)
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) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.