Gross Domestic Product — Value Standard Local Currency, per capita in Barbados
Barbados: Gross Domestic Product — Value Standard Local Currency, per capita was 0.0507 million SLC per person in 2024. ◆ Volatile
Gross Domestic Product — Value Standard Local Currency, per capita in Barbados, 1970–2024
Source: Statizoid (derived). Measured in million SLC per person.
Analysis
In 2024, gross domestic product — value standard local currency, per capita in Barbados stood at 0.0507 million SLC per person. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 6.6% on the previous year and up 31.6% over ten years.
Over the whole period, gross domestic product — value standard local currency, per capita in Barbados peaked at 0.0507 million SLC per person in 2024 and was at its lowest, 0.0017 million SLC per person, in 1970.
That places Barbados 125th out of 192 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product — Value Standard Local Currency, per capita in Barbados, year by year
| Year | million SLC per person | Change |
|---|---|---|
| 1970 | 0.0017 million SLC per person | — |
| 1971 | 0.0019 million SLC per person | +11.1% |
| 1972 | 0.0022 million SLC per person | +11.1% |
| 1973 | 0.0027 million SLC per person | +24.1% |
| 1974 | 0.0033 million SLC per person | +25.1% |
| 1975 | 0.0039 million SLC per person | +15.4% |
| 1976 | 0.0041 million SLC per person | +7.4% |
| 1977 | 0.0047 million SLC per person | +13.7% |
| 1978 | 0.0053 million SLC per person | +11.9% |
| 1979 | 0.0064 million SLC per person | +21.4% |
| 1980 | 0.0082 million SLC per person | +28.2% |
| 1981 | 0.009 million SLC per person | +9.7% |
| 1982 | 0.0094 million SLC per person | +4.1% |
| 1983 | 0.0099 million SLC per person | +5.8% |
| 1984 | 0.0108 million SLC per person | +8.6% |
| 1985 | 0.0113 million SLC per person | +4.3% |
| 1986 | 0.0123 million SLC per person | +9.5% |
| 1987 | 0.0135 million SLC per person | +9.8% |
| 1988 | 0.0144 million SLC per person | +6.2% |
| 1989 | 0.0159 million SLC per person | +10.4% |
| 1990 | 0.0159 million SLC per person | +0.2% |
| 1991 | 0.0157 million SLC per person | -1.1% |
| 1992 | 0.0151 million SLC per person | -3.7% |
| 1993 | 0.0159 million SLC per person | +5.2% |
| 1994 | 0.0167 million SLC per person | +4.9% |
| 1995 | 0.0175 million SLC per person | +5.0% |
| 1996 | 0.0187 million SLC per person | +6.5% |
| 1997 | 0.0197 million SLC per person | +5.7% |
| 1998 | 0.0222 million SLC per person | +12.7% |
| 1999 | 0.0233 million SLC per person | +4.8% |
| 2000 | 0.0241 million SLC per person | +3.2% |
| 2001 | 0.024 million SLC per person | -0.3% |
| 2002 | 0.0242 million SLC per person | +1.0% |
| 2003 | 0.0249 million SLC per person | +2.7% |
| 2004 | 0.0266 million SLC per person | +6.7% |
| 2005 | 0.0293 million SLC per person | +10.3% |
| 2006 | 0.0312 million SLC per person | +6.6% |
| 2007 | 0.0356 million SLC per person | +14.1% |
| 2008 | 0.0376 million SLC per person | +5.4% |
| 2009 | 0.0361 million SLC per person | -4.0% |
| 2010 | 0.0377 million SLC per person | +4.6% |
| 2011 | 0.0387 million SLC per person | +2.6% |
| 2012 | 0.0381 million SLC per person | -1.6% |
| 2013 | 0.0386 million SLC per person | +1.4% |
| 2014 | 0.0386 million SLC per person | -0.2% |
| 2015 | 0.0379 million SLC per person | -1.7% |
| 2016 | 0.0381 million SLC per person | +0.6% |
| 2017 | 0.0394 million SLC per person | +3.3% |
| 2018 | 0.0401 million SLC per person | +1.8% |
| 2019 | 0.0412 million SLC per person | +2.6% |
| 2020 | 0.0367 million SLC per person | -10.9% |
| 2021 | 0.0374 million SLC per person | +1.9% |
| 2022 | 0.0443 million SLC per person | +18.5% |
| 2023 | 0.0476 million SLC per person | +7.4% |
| 2024 | 0.0507 million SLC per person | +6.6% |
Barbados compared with similar countries
- Barbados's 0.0507 million SLC per person is below the median for high income countries, which is 0.0694 million SLC per person, 73% of the median. (72 countries reporting)
- Barbados's 0.0507 million SLC per person is below the median for Latin America & Caribbean, which is 0.0632 million SLC per person, 80% of the median. (38 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0036 million SLC per person | 0.0017 million SLC per person | 0.0064 million SLC per person | 10 |
| 1980s | 0.0115 million SLC per person | 0.0082 million SLC per person | 0.0159 million SLC per person | 10 |
| 1990s | 0.0181 million SLC per person | 0.0151 million SLC per person | 0.0233 million SLC per person | 10 |
| 2000s | 0.0294 million SLC per person | 0.024 million SLC per person | 0.0376 million SLC per person | 10 |
| 2010s | 0.0388 million SLC per person | 0.0377 million SLC per person | 0.0412 million SLC per person | 10 |
| 2020s | 0.0434 million SLC per person | 0.0367 million SLC per person | 0.0507 million SLC per person | 5 |
Countries ranked near Barbados
- 122 Austria 0.0525 million SLC per person compare
- 123 Belgium 0.0518 million SLC per person compare
- 124 Germany 0.0515 million SLC per person compare
- 126 Finland 0.0494 million SLC per person compare
- 127 Guatemala 0.0478 million SLC per person compare
- 128 Andorra 0.0456 million SLC 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 — value standard local currency, per capita in Barbados?
- Gross domestic product — value standard local currency, per capita in Barbados was 0.0507 million SLC per person in 2024, according to Statizoid (derived).
- What is the highest gross domestic product — value standard local currency, per capita recorded in Barbados?
- The highest recorded value was 0.0507 million SLC per person in 2024.
- What is the lowest gross domestic product — value standard local currency, per capita recorded in Barbados?
- The lowest recorded value was 0.0017 million SLC per person in 1970.
- How does Barbados rank for gross domestic product — value standard local currency, per capita?
- Barbados ranks 125th out of 192 countries with data for 2024.
- Is gross domestic product — value standard local currency, per capita rising or falling in Barbados?
- Over the last ten years it is up 31.6%. 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 — Value Standard Local Currency, per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 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 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 — Value Standard Local Currency ÷ Population, total
Computed from
- Gross Domestic Product — Value Standard Local Currency Food and Agriculture Organization of the United Nations
- 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 — Value Standard Local Currency divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.