Gross Domestic Product — Value US$ per capita, 2015 prices in Barbados
Barbados: Gross Domestic Product — Value US$ per capita, 2015 prices was 20,475 USD in 2024. ▲ Rising
Gross Domestic Product — Value US$ per capita, 2015 prices in Barbados, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in USD.
Analysis
Barbados recorded 20,475 USD for gross domestic product — value us$ per capita, 2015 prices in 2024. 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$ per capita, 2015 prices in Barbados peaked at 20,475 USD in 2024 and was at its lowest, 10,605 USD, in 1970.
Barbados ranks 58th of 195 countries on this measure, 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$ per capita, 2015 prices in Barbados, year by year
| Year | USD | Change |
|---|---|---|
| 1970 | 10,605 USD | — |
| 1971 | 11,030 USD | +4.0% |
| 1972 | 11,148 USD | +1.1% |
| 1973 | 11,268 USD | +1.1% |
| 1974 | 10,724 USD | -4.8% |
| 1975 | 11,136 USD | +3.8% |
| 1976 | 11,609 USD | +4.2% |
| 1977 | 12,023 USD | +3.6% |
| 1978 | 12,613 USD | +4.9% |
| 1979 | 13,624 USD | +8.0% |
| 1980 | 14,206 USD | +4.3% |
| 1981 | 13,890 USD | -2.2% |
| 1982 | 13,162 USD | -5.2% |
| 1983 | 13,182 USD | +0.2% |
| 1984 | 13,601 USD | +3.2% |
| 1985 | 13,699 USD | +0.7% |
| 1986 | 14,353 USD | +4.8% |
| 1987 | 14,683 USD | +2.3% |
| 1988 | 15,161 USD | +3.3% |
| 1989 | 15,686 USD | +3.5% |
| 1990 | 15,141 USD | -3.5% |
| 1991 | 14,504 USD | -4.2% |
| 1992 | 13,445 USD | -7.3% |
| 1993 | 13,569 USD | +0.9% |
| 1994 | 14,051 USD | +3.5% |
| 1995 | 14,312 USD | +1.9% |
| 1996 | 14,866 USD | +3.9% |
| 1997 | 15,564 USD | +4.7% |
| 1998 | 16,144 USD | +3.7% |
| 1999 | 16,191 USD | +0.3% |
| 2000 | 16,942 USD | +4.6% |
| 2001 | 16,518 USD | -2.5% |
| 2002 | 16,540 USD | +0.1% |
| 2003 | 16,796 USD | +1.5% |
| 2004 | 16,935 USD | +0.8% |
| 2005 | 17,514 USD | +3.4% |
| 2006 | 18,418 USD | +5.2% |
| 2007 | 19,382 USD | +5.2% |
| 2008 | 20,080 USD | +3.6% |
| 2009 | 19,627 USD | -2.3% |
| 2010 | 19,764 USD | +0.7% |
| 2011 | 19,556 USD | -1.1% |
| 2012 | 19,438 USD | -0.6% |
| 2013 | 19,191 USD | -1.3% |
| 2014 | 19,160 USD | -0.2% |
| 2015 | 18,954 USD | -1.1% |
| 2016 | 19,252 USD | +1.6% |
| 2017 | 19,237 USD | -0.1% |
| 2018 | 18,975 USD | -1.4% |
| 2019 | 19,065 USD | +0.5% |
| 2020 | 16,167 USD | -15.2% |
| 2021 | 16,100 USD | -0.4% |
| 2022 | 18,959 USD | +17.8% |
| 2023 | 19,734 USD | +4.1% |
| 2024 | 20,475 USD | +3.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 11,578 USD | 10,605 USD | 13,624 USD | 10 |
| 1980s | 14,162 USD | 13,162 USD | 15,686 USD | 10 |
| 1990s | 14,779 USD | 13,445 USD | 16,191 USD | 10 |
| 2000s | 17,875 USD | 16,518 USD | 20,080 USD | 10 |
| 2010s | 19,259 USD | 18,954 USD | 19,764 USD | 10 |
| 2020s | 18,287 USD | 16,100 USD | 20,475 USD | 5 |
Countries ranked near Barbados
- 55 French Polynesia 21,615 USD compare
- 56 Turks and Caicos Islands 21,343 USD compare
- 57 Czechia 20,717 USD compare
- 59 Estonia 20,215 USD compare
- 60 Montserrat 19,860 USD compare
- 61 Slovakia 19,350 USD 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)
- Manufacturing, value added (current US$), per unit of GDP 0.0495 current US$ per US$ of GDP (2024)
- Manufacturing, value added (current US$), per capita 1,331 current US$ per person (2024)
- Manufacturing, value added (current LCU), per unit of GDP 0.099 current LCU per US$ of GDP (2024)
- Manufacturing, value added (current LCU), per capita 2,663 current LCU per person (2024)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.0424 constant 2015 US$ per US$ of GDP (2024)
- Manufacturing, value added (constant 2015 US$), per capita 1,139 constant 2015 US$ per person (2024)
- Manufacturing, value added (constant LCU), per capita 2,645 constant LCU per person (2024)
- Industry (including construction), value added (current US$), annual 4.5 % change on previous year (2024)
Frequently asked questions
- What is gross domestic product — value us$ per capita, 2015 prices in Barbados?
- Gross domestic product — value us$ per capita, 2015 prices in Barbados was 20,475 USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value us$ per capita, 2015 prices recorded in Barbados?
- The highest recorded value was 20,475 USD in 2024.
- What is the lowest gross domestic product — value us$ per capita, 2015 prices recorded in Barbados?
- The lowest recorded value was 10,605 USD in 1970.
- How does Barbados rank for gross domestic product — value us$ per capita, 2015 prices?
- Barbados ranks 58th out of 195 countries with data for 2024.
- Is gross domestic product — value us$ per capita, 2015 prices 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 Food and Agriculture Organization of the United Nations, published as part of Gross Domestic Product — Value US$ per capita, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).