Gross domestic product (GDP), per unit of GDP in Barbados
Barbados: Gross domestic product (GDP), per unit of GDP was 0.4234 international-$ in 2021 prices per US$ of GDP in 2023. ◆ Volatile
Latest (2023)
0.4234 international-$ in 2021 prices per US$ of GDP
Change on year
up 4.6%
World rank
179th
of 180 countries
All-time high
29.44 international-$ in 2021 prices per US$ of GDP
in 1960
All-time low
0.4046 international-$ in 2021 prices per US$ of GDP
in 2022
Years of data
64
1960–2023
Gross domestic product (GDP), per unit of GDP in Barbados, 1960–2023
Source: Statizoid (derived). Measured in international-$ in 2021 prices per US$ of GDP.
Analysis
Barbados recorded 0.4234 international-$ in 2021 prices per US$ of GDP for gross domestic product (gdp), per unit of gdp in 2023.
The figure is up 4.6% on the previous year and down 42.7% over ten years.
Over the whole period, gross domestic product (gdp), per unit of gdp in Barbados peaked at 29.44 international-$ in 2021 prices per US$ of GDP in 1960 and was at its lowest, 0.4046 international-$ in 2021 prices per US$ of GDP, in 2022.
Barbados ranks 179th of 180 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP), per unit of GDP in Barbados, year by year
| Year | international-$ in 2021 prices per US$ of GDP | Change |
|---|---|---|
| 1960 | 29.44 international-$ in 2021 prices per US$ of GDP | — |
| 1961 | 28.32 international-$ in 2021 prices per US$ of GDP | -3.8% |
| 1962 | 28.05 international-$ in 2021 prices per US$ of GDP | -1.0% |
| 1963 | 24.62 international-$ in 2021 prices per US$ of GDP | -12.2% |
| 1964 | 24.85 international-$ in 2021 prices per US$ of GDP | +0.9% |
| 1965 | 24.65 international-$ in 2021 prices per US$ of GDP | -0.8% |
| 1966 | 24.21 international-$ in 2021 prices per US$ of GDP | -1.8% |
| 1967 | 24.2 international-$ in 2021 prices per US$ of GDP | -0.0% |
| 1968 | 25.12 international-$ in 2021 prices per US$ of GDP | +3.8% |
| 1969 | 25.72 international-$ in 2021 prices per US$ of GDP | +2.4% |
| 1970 | 24.14 international-$ in 2021 prices per US$ of GDP | -6.1% |
| 1971 | 22.22 international-$ in 2021 prices per US$ of GDP | -8.0% |
| 1972 | 19.78 international-$ in 2021 prices per US$ of GDP | -11.0% |
| 1973 | 15.79 international-$ in 2021 prices per US$ of GDP | -20.2% |
| 1974 | 11.95 international-$ in 2021 prices per US$ of GDP | -24.4% |
| 1975 | 10.99 international-$ in 2021 prices per US$ of GDP | -8.0% |
| 1976 | 8 international-$ in 2021 prices per US$ of GDP | -27.2% |
| 1977 | 7.15 international-$ in 2021 prices per US$ of GDP | -10.6% |
| 1978 | 6.1 international-$ in 2021 prices per US$ of GDP | -14.6% |
| 1979 | 5.31 international-$ in 2021 prices per US$ of GDP | -12.9% |
| 1980 | 3.47 international-$ in 2021 prices per US$ of GDP | -34.7% |
| 1981 | 3.12 international-$ in 2021 prices per US$ of GDP | -10.0% |
| 1982 | 3.03 international-$ in 2021 prices per US$ of GDP | -2.9% |
| 1983 | 2.94 international-$ in 2021 prices per US$ of GDP | -2.9% |
| 1984 | 2.79 international-$ in 2021 prices per US$ of GDP | -5.3% |
| 1985 | 2.35 international-$ in 2021 prices per US$ of GDP | -15.7% |
| 1986 | 2.49 international-$ in 2021 prices per US$ of GDP | +6.0% |
| 1987 | 2.46 international-$ in 2021 prices per US$ of GDP | -1.1% |
| 1988 | 2.43 international-$ in 2021 prices per US$ of GDP | -1.4% |
| 1989 | 2.37 international-$ in 2021 prices per US$ of GDP | -2.6% |
| 1990 | 2.22 international-$ in 2021 prices per US$ of GDP | -6.0% |
| 1991 | 2.34 international-$ in 2021 prices per US$ of GDP | +5.3% |
| 1992 | 1.83 international-$ in 2021 prices per US$ of GDP | -21.6% |
| 1993 | 1.84 international-$ in 2021 prices per US$ of GDP | +0.1% |
| 1994 | 2.91 international-$ in 2021 prices per US$ of GDP | +58.2% |
| 1995 | 3.08 international-$ in 2021 prices per US$ of GDP | +6.0% |
| 1996 | 3.1 international-$ in 2021 prices per US$ of GDP | +0.5% |
| 1997 | 2.7 international-$ in 2021 prices per US$ of GDP | -12.9% |
| 1998 | 2.47 international-$ in 2021 prices per US$ of GDP | -8.4% |
| 1999 | 2.31 international-$ in 2021 prices per US$ of GDP | -6.4% |
| 2000 | 2.16 international-$ in 2021 prices per US$ of GDP | -6.5% |
| 2001 | 2.1 international-$ in 2021 prices per US$ of GDP | -2.8% |
| 2002 | 2.03 international-$ in 2021 prices per US$ of GDP | -3.2% |
| 2003 | 1.78 international-$ in 2021 prices per US$ of GDP | -12.2% |
| 2004 | 1.71 international-$ in 2021 prices per US$ of GDP | -4.0% |
| 2005 | 1.54 international-$ in 2021 prices per US$ of GDP | -9.8% |
| 2006 | 1.31 international-$ in 2021 prices per US$ of GDP | -15.3% |
| 2007 | 1.32 international-$ in 2021 prices per US$ of GDP | +0.7% |
| 2008 | 1.23 international-$ in 2021 prices per US$ of GDP | -7.0% |
| 2009 | 1.2 international-$ in 2021 prices per US$ of GDP | -2.3% |
| 2010 | 0.9914 international-$ in 2021 prices per US$ of GDP | -17.1% |
| 2011 | 0.9006 international-$ in 2021 prices per US$ of GDP | -9.2% |
| 2012 | 0.8344 international-$ in 2021 prices per US$ of GDP | -7.4% |
| 2013 | 0.7387 international-$ in 2021 prices per US$ of GDP | -11.5% |
| 2014 | 0.7345 international-$ in 2021 prices per US$ of GDP | -0.6% |
| 2015 | 0.6784 international-$ in 2021 prices per US$ of GDP | -7.6% |
| 2016 | 0.6558 international-$ in 2021 prices per US$ of GDP | -3.3% |
| 2017 | 0.6162 international-$ in 2021 prices per US$ of GDP | -6.0% |
| 2018 | 0.5419 international-$ in 2021 prices per US$ of GDP | -12.1% |
| 2019 | 0.503 international-$ in 2021 prices per US$ of GDP | -7.2% |
| 2020 | 0.5482 international-$ in 2021 prices per US$ of GDP | +9.0% |
| 2021 | 0.4428 international-$ in 2021 prices per US$ of GDP | -19.2% |
| 2022 | 0.4046 international-$ in 2021 prices per US$ of GDP | -8.6% |
| 2023 | 0.4234 international-$ in 2021 prices per US$ of GDP | +4.6% |
Barbados compared with similar countries
- Barbados's 0.4234 international-$ in 2021 prices per US$ of GDP is below the median for high income countries, which is 1.23 international-$ in 2021 prices per US$ of GDP, 34% of the median. (65 countries reporting)
- Barbados's 0.4234 international-$ in 2021 prices per US$ of GDP is below the median for Latin America & Caribbean, which is 1.7 international-$ in 2021 prices per US$ of GDP, 25% of the median. (36 countries reporting)
Biggest year-on-year movements
Years where Gross domestic product (GDP), per unit of GDP 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 | +58.2% | 1.84 international-$ in 2021 prices per US$ of GDP | 2.91 international-$ in 2021 prices per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 25.92 international-$ in 2021 prices per US$ of GDP | 24.2 international-$ in 2021 prices per US$ of GDP | 29.44 international-$ in 2021 prices per US$ of GDP | 10 |
| 1970s | 13.14 international-$ in 2021 prices per US$ of GDP | 5.31 international-$ in 2021 prices per US$ of GDP | 24.14 international-$ in 2021 prices per US$ of GDP | 10 |
| 1980s | 2.75 international-$ in 2021 prices per US$ of GDP | 2.35 international-$ in 2021 prices per US$ of GDP | 3.47 international-$ in 2021 prices per US$ of GDP | 10 |
| 1990s | 2.48 international-$ in 2021 prices per US$ of GDP | 1.83 international-$ in 2021 prices per US$ of GDP | 3.1 international-$ in 2021 prices per US$ of GDP | 10 |
| 2000s | 1.64 international-$ in 2021 prices per US$ of GDP | 1.2 international-$ in 2021 prices per US$ of GDP | 2.16 international-$ in 2021 prices per US$ of GDP | 10 |
| 2010s | 0.7195 international-$ in 2021 prices per US$ of GDP | 0.503 international-$ in 2021 prices per US$ of GDP | 0.9914 international-$ in 2021 prices per US$ of GDP | 10 |
| 2020s | 0.4547 international-$ in 2021 prices per US$ of GDP | 0.4046 international-$ in 2021 prices per US$ of GDP | 0.5482 international-$ in 2021 prices per US$ of GDP | 4 |
Countries ranked near Barbados
- 176 Iceland 0.7726 international-$ in 2021 prices per US$ of GDP compare
- 177 Luxembourg 0.7072 international-$ in 2021 prices per US$ of GDP compare
- 178 Bermuda 0.4676 international-$ in 2021 prices per US$ of GDP compare
- 180 South Sudan 0.3902 international-$ in 2021 prices per US$ of GDP 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$), annual growth rate 2.97 % change on previous year (2024)
Frequently asked questions
- What is gross domestic product (gdp), per unit of gdp in Barbados?
- Gross domestic product (gdp), per unit of gdp in Barbados was 0.4234 international-$ in 2021 prices per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest gross domestic product (gdp), per unit of gdp recorded in Barbados?
- The highest recorded value was 29.44 international-$ in 2021 prices per US$ of GDP in 1960.
- What is the lowest gross domestic product (gdp), per unit of gdp recorded in Barbados?
- The lowest recorded value was 0.4046 international-$ in 2021 prices per US$ of GDP in 2022.
- How does Barbados rank for gross domestic product (gdp), per unit of gdp?
- Barbados ranks 179th out of 180 countries with data for 2023.
- Is gross domestic product (gdp), per unit of gdp rising or falling in Barbados?
- Over the last ten years it is down 42.7%. 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), per unit of GDP. 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 GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross domestic product (GDP) ÷ GDP (current US$)
Computed from
- Gross domestic product (GDP) Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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 GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.