Gross Domestic Product — Value Standard Local Currency, 2015 prices in Barbados
Barbados: Gross Domestic Product — Value Standard Local Currency, 2015 prices was 25.91 million SLC per square kilometre in 2023. ▲ Rising
Latest (2023)
25.91 million SLC per square kilometre
Change on year
up 4.1%
World rank
65th
of 194 countries
All-time high
25.91 million SLC per square kilometre
in 2023
All-time low
12.3 million SLC per square kilometre
in 1970
Years of data
54
1970–2023
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Barbados, 1970–2023
Source: Statizoid (derived). Measured in million SLC per square kilometre.
Analysis
The most recent figure for gross domestic product — value standard local currency, 2015 prices in Barbados is 25.91 million SLC per square kilometre, measured in 2023. That is the highest value across all 54 years on record.
The figure is up 4.1% on the previous year and up 4.6% over ten years.
Over the whole period, gross domestic product — value standard local currency, 2015 prices in Barbados peaked at 25.91 million SLC per square kilometre in 2023 and was at its lowest, 12.3 million SLC per square kilometre, in 1970.
That places Barbados 65th out of 194 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 54 years of available data.
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Barbados, year by year
| Year | million SLC per square kilometre | Change |
|---|---|---|
| 1970 | 12.3 million SLC per square kilometre | — |
| 1971 | 12.78 million SLC per square kilometre | +3.9% |
| 1972 | 12.95 million SLC per square kilometre | +1.3% |
| 1973 | 13.12 million SLC per square kilometre | +1.3% |
| 1974 | 12.51 million SLC per square kilometre | -4.7% |
| 1975 | 13.01 million SLC per square kilometre | +4.0% |
| 1976 | 13.58 million SLC per square kilometre | +4.4% |
| 1977 | 14.07 million SLC per square kilometre | +3.6% |
| 1978 | 14.76 million SLC per square kilometre | +4.9% |
| 1979 | 15.92 million SLC per square kilometre | +7.9% |
| 1980 | 16.62 million SLC per square kilometre | +4.4% |
| 1981 | 16.3 million SLC per square kilometre | -1.9% |
| 1982 | 15.49 million SLC per square kilometre | -4.9% |
| 1983 | 15.57 million SLC per square kilometre | +0.5% |
| 1984 | 16.13 million SLC per square kilometre | +3.6% |
| 1985 | 16.3 million SLC per square kilometre | +1.1% |
| 1986 | 17.13 million SLC per square kilometre | +5.1% |
| 1987 | 17.57 million SLC per square kilometre | +2.6% |
| 1988 | 18.18 million SLC per square kilometre | +3.5% |
| 1989 | 18.83 million SLC per square kilometre | +3.6% |
| 1990 | 18.21 million SLC per square kilometre | -3.3% |
| 1991 | 17.5 million SLC per square kilometre | -3.9% |
| 1992 | 16.28 million SLC per square kilometre | -7.0% |
| 1993 | 16.47 million SLC per square kilometre | +1.2% |
| 1994 | 17.1 million SLC per square kilometre | +3.8% |
| 1995 | 17.44 million SLC per square kilometre | +2.0% |
| 1996 | 18.14 million SLC per square kilometre | +4.0% |
| 1997 | 19 million SLC per square kilometre | +4.7% |
| 1998 | 19.71 million SLC per square kilometre | +3.7% |
| 1999 | 19.77 million SLC per square kilometre | +0.3% |
| 2000 | 20.65 million SLC per square kilometre | +4.5% |
| 2001 | 20.16 million SLC per square kilometre | -2.4% |
| 2002 | 20.32 million SLC per square kilometre | +0.8% |
| 2003 | 20.76 million SLC per square kilometre | +2.2% |
| 2004 | 21.05 million SLC per square kilometre | +1.4% |
| 2005 | 21.89 million SLC per square kilometre | +4.0% |
| 2006 | 23.13 million SLC per square kilometre | +5.7% |
| 2007 | 24.46 million SLC per square kilometre | +5.7% |
| 2008 | 25.47 million SLC per square kilometre | +4.1% |
| 2009 | 25.02 million SLC per square kilometre | -1.8% |
| 2010 | 25.3 million SLC per square kilometre | +1.1% |
| 2011 | 25.12 million SLC per square kilometre | -0.7% |
| 2012 | 25.04 million SLC per square kilometre | -0.3% |
| 2013 | 24.79 million SLC per square kilometre | -1.0% |
| 2014 | 24.81 million SLC per square kilometre | +0.1% |
| 2015 | 24.6 million SLC per square kilometre | -0.8% |
| 2016 | 25.04 million SLC per square kilometre | +1.8% |
| 2017 | 25.07 million SLC per square kilometre | +0.1% |
| 2018 | 24.77 million SLC per square kilometre | -1.2% |
| 2019 | 24.94 million SLC per square kilometre | +0.7% |
| 2020 | 21.18 million SLC per square kilometre | -15.1% |
| 2021 | 21.13 million SLC per square kilometre | -0.3% |
| 2022 | 24.9 million SLC per square kilometre | +17.8% |
| 2023 | 25.91 million SLC per square kilometre | +4.1% |
Barbados compared with similar countries
- Barbados's 25.91 million SLC per square kilometre is above the median for high income countries, which is 9.64 million SLC per square kilometre, 2.7× the median. (73 countries reporting)
- Barbados's 25.91 million SLC per square kilometre is above the median for Latin America & Caribbean, which is 10.06 million SLC per square kilometre, 2.6× the median. (38 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 13.5 million SLC per square kilometre | 12.3 million SLC per square kilometre | 15.92 million SLC per square kilometre | 10 |
| 1980s | 16.81 million SLC per square kilometre | 15.49 million SLC per square kilometre | 18.83 million SLC per square kilometre | 10 |
| 1990s | 17.96 million SLC per square kilometre | 16.28 million SLC per square kilometre | 19.77 million SLC per square kilometre | 10 |
| 2000s | 22.29 million SLC per square kilometre | 20.16 million SLC per square kilometre | 25.47 million SLC per square kilometre | 10 |
| 2010s | 24.95 million SLC per square kilometre | 24.6 million SLC per square kilometre | 25.3 million SLC per square kilometre | 10 |
| 2020s | 23.28 million SLC per square kilometre | 21.13 million SLC per square kilometre | 25.91 million SLC per square kilometre | 4 |
Countries ranked near Barbados
- 62 Trinidad and Tobago 27.08 million SLC per square kilometre compare
- 63 Syria 26.38 million SLC per square kilometre compare
- 64 San Marino 26.06 million SLC per square kilometre compare
- 66 North Macedonia 25.74 million SLC per square kilometre compare
- 67 Haiti 24.97 million SLC per square kilometre compare
- 68 Luxembourg 24.81 million SLC 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 — value standard local currency, 2015 prices in Barbados?
- Gross domestic product — value standard local currency, 2015 prices in Barbados was 25.91 million SLC per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross domestic product — value standard local currency, 2015 prices recorded in Barbados?
- The highest recorded value was 25.91 million SLC per square kilometre in 2023.
- What is the lowest gross domestic product — value standard local currency, 2015 prices recorded in Barbados?
- The lowest recorded value was 12.3 million SLC per square kilometre in 1970.
- How does Barbados rank for gross domestic product — value standard local currency, 2015 prices?
- Barbados ranks 65th out of 194 countries with data for 2023.
- Is gross domestic product — value standard local currency, 2015 prices 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 — Value Standard Local Currency, 2015 prices, per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross Domestic Product — Value Standard Local Currency, 2015 prices 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 — Value Standard Local Currency, 2015 prices ÷ Land area (sq. km)
Computed from
- Gross Domestic Product — Value Standard Local Currency, 2015 prices Food and Agriculture Organization of the United Nations
- 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 — Value Standard Local Currency, 2015 prices 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.