Gross Domestic Product — Value US$, 2015 prices, per capita in Barbados
Barbados: Gross Domestic Product — Value US$, 2015 prices, per capita was 0.0205 million USD per person in 2024. ▲ Rising
Gross Domestic Product — Value US$, 2015 prices, per capita in Barbados, 1970–2024
Source: Statizoid (derived). Measured in million USD per person.
Analysis
In 2024, gross domestic product — value us$, 2015 prices, per capita in Barbados stood at 0.0205 million USD per person. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 3.8% on the previous year and up 6.9% over ten years.
Over the whole period, gross domestic product — value us$, 2015 prices, per capita in Barbados peaked at 0.0205 million USD per person in 2024 and was at its lowest, 0.0106 million USD per person, in 1970.
That places Barbados 51st out of 194 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 55 years of available data.
Gross Domestic Product — Value US$, 2015 prices, per capita in Barbados, year by year
| Year | million USD per person | Change |
|---|---|---|
| 1970 | 0.0106 million USD per person | — |
| 1971 | 0.011 million USD per person | +4.0% |
| 1972 | 0.0111 million USD per person | +1.1% |
| 1973 | 0.0113 million USD per person | +1.1% |
| 1974 | 0.0107 million USD per person | -4.8% |
| 1975 | 0.0111 million USD per person | +3.8% |
| 1976 | 0.0116 million USD per person | +4.2% |
| 1977 | 0.012 million USD per person | +3.6% |
| 1978 | 0.0126 million USD per person | +4.9% |
| 1979 | 0.0136 million USD per person | +8.0% |
| 1980 | 0.0142 million USD per person | +4.3% |
| 1981 | 0.0139 million USD per person | -2.2% |
| 1982 | 0.0132 million USD per person | -5.2% |
| 1983 | 0.0132 million USD per person | +0.2% |
| 1984 | 0.0136 million USD per person | +3.2% |
| 1985 | 0.0137 million USD per person | +0.7% |
| 1986 | 0.0144 million USD per person | +4.8% |
| 1987 | 0.0147 million USD per person | +2.3% |
| 1988 | 0.0152 million USD per person | +3.3% |
| 1989 | 0.0157 million USD per person | +3.5% |
| 1990 | 0.0151 million USD per person | -3.5% |
| 1991 | 0.0145 million USD per person | -4.2% |
| 1992 | 0.0134 million USD per person | -7.3% |
| 1993 | 0.0136 million USD per person | +0.9% |
| 1994 | 0.0141 million USD per person | +3.5% |
| 1995 | 0.0143 million USD per person | +1.9% |
| 1996 | 0.0149 million USD per person | +3.9% |
| 1997 | 0.0156 million USD per person | +4.7% |
| 1998 | 0.0161 million USD per person | +3.7% |
| 1999 | 0.0162 million USD per person | +0.3% |
| 2000 | 0.0169 million USD per person | +4.6% |
| 2001 | 0.0165 million USD per person | -2.5% |
| 2002 | 0.0165 million USD per person | +0.1% |
| 2003 | 0.0168 million USD per person | +1.5% |
| 2004 | 0.0169 million USD per person | +0.8% |
| 2005 | 0.0175 million USD per person | +3.4% |
| 2006 | 0.0184 million USD per person | +5.2% |
| 2007 | 0.0194 million USD per person | +5.2% |
| 2008 | 0.0201 million USD per person | +3.6% |
| 2009 | 0.0196 million USD per person | -2.3% |
| 2010 | 0.0198 million USD per person | +0.7% |
| 2011 | 0.0196 million USD per person | -1.1% |
| 2012 | 0.0194 million USD per person | -0.6% |
| 2013 | 0.0192 million USD per person | -1.3% |
| 2014 | 0.0192 million USD per person | -0.2% |
| 2015 | 0.019 million USD per person | -1.1% |
| 2016 | 0.0193 million USD per person | +1.6% |
| 2017 | 0.0192 million USD per person | -0.1% |
| 2018 | 0.019 million USD per person | -1.4% |
| 2019 | 0.0191 million USD per person | +0.5% |
| 2020 | 0.0162 million USD per person | -15.2% |
| 2021 | 0.0161 million USD per person | -0.4% |
| 2022 | 0.019 million USD per person | +17.8% |
| 2023 | 0.0197 million USD per person | +4.1% |
| 2024 | 0.0205 million USD per person | +3.8% |
Barbados compared with similar countries
- Barbados's 0.0205 million USD per person is below the median for high income countries, which is 0.0304 million USD per person, 67% of the median. (73 countries reporting)
- Barbados's 0.0205 million USD per person is above the median for Latin America & Caribbean, which is 0.0111 million USD per person, 1.8× the median. (38 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0116 million USD per person | 0.0106 million USD per person | 0.0136 million USD per person | 10 |
| 1980s | 0.0142 million USD per person | 0.0132 million USD per person | 0.0157 million USD per person | 10 |
| 1990s | 0.0148 million USD per person | 0.0134 million USD per person | 0.0162 million USD per person | 10 |
| 2000s | 0.0179 million USD per person | 0.0165 million USD per person | 0.0201 million USD per person | 10 |
| 2010s | 0.0193 million USD per person | 0.019 million USD per person | 0.0198 million USD per person | 10 |
| 2020s | 0.0183 million USD per person | 0.0161 million USD per person | 0.0205 million USD per person | 5 |
Countries ranked near Barbados
- 48 Greece 0.0216 million USD per person compare
- 49 French Polynesia 0.0216 million USD per person compare
- 50 Turks and Caicos Islands 0.0213 million USD per person compare
- 52 Czechia 0.0204 million USD per person compare
- 53 Estonia 0.02 million USD per person compare
- 54 Slovakia 0.0197 million USD 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$), annual growth rate 2.97 % change on previous year (2024)
Frequently asked questions
- What is gross domestic product — value us$, 2015 prices, per capita in Barbados?
- Gross domestic product — value us$, 2015 prices, per capita in Barbados was 0.0205 million USD per person in 2024, according to Statizoid (derived).
- What is the highest gross domestic product — value us$, 2015 prices, per capita recorded in Barbados?
- The highest recorded value was 0.0205 million USD per person in 2024.
- What is the lowest gross domestic product — value us$, 2015 prices, per capita recorded in Barbados?
- The lowest recorded value was 0.0106 million USD per person in 1970.
- How does Barbados rank for gross domestic product — value us$, 2015 prices, per capita?
- Barbados ranks 51st out of 194 countries with data for 2024.
- Is gross domestic product — value us$, 2015 prices, per capita rising or falling in Barbados?
- Over the last ten years it is up 6.9%. The long-run trend across the full record is rising.
- Where does this Barbados data come from?
- The figures come from Statizoid (derived), published as part of Gross Domestic Product — Value US$, 2015 prices, per capita. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross Domestic Product — Value US$, 2015 prices divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Domestic Product — Value US$, 2015 prices ÷ Population, total
Computed from
- Gross Domestic Product — Value US$, 2015 prices Food and Agriculture Organization of the United Nations
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross Domestic Product — Value US$, 2015 prices divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.