Gross Domestic Product — Value US$ per capita in Barbados
Barbados: Gross Domestic Product — Value US$ per capita was 25,366 USD in 2024. ◆ Volatile
Gross Domestic Product — Value US$ per capita in Barbados, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in USD.
Analysis
Barbados recorded 25,366 USD for gross domestic product — value us$ per capita in 2024. That is the highest value across all 55 years on record.
That represents a change of up 6.6% on the previous year and up 31.6% over ten years.
Over the whole period, gross domestic product — value us$ per capita in Barbados peaked at 25,366 USD in 2024 and was at its lowest, 874.08 USD, in 1970.
Barbados ranks 59th of 195 countries on this measure, 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 US$ per capita in Barbados, year by year
| Year | USD | Change |
|---|---|---|
| 1970 | 874.08 USD | — |
| 1971 | 983.36 USD | +12.5% |
| 1972 | 1,123 USD | +14.2% |
| 1973 | 1,366 USD | +21.7% |
| 1974 | 1,631 USD | +19.4% |
| 1975 | 1,914 USD | +17.4% |
| 1976 | 2,075 USD | +8.4% |
| 1977 | 2,358 USD | +13.7% |
| 1978 | 2,640 USD | +11.9% |
| 1979 | 3,205 USD | +21.4% |
| 1980 | 4,109 USD | +28.2% |
| 1981 | 4,509 USD | +9.7% |
| 1982 | 4,696 USD | +4.1% |
| 1983 | 4,968 USD | +5.8% |
| 1984 | 5,395 USD | +8.6% |
| 1985 | 5,626 USD | +4.3% |
| 1986 | 6,158 USD | +9.5% |
| 1987 | 6,764 USD | +9.8% |
| 1988 | 7,181 USD | +6.2% |
| 1989 | 7,930 USD | +10.4% |
| 1990 | 7,946 USD | +0.2% |
| 1991 | 7,858 USD | -1.1% |
| 1992 | 7,569 USD | -3.7% |
| 1993 | 7,961 USD | +5.2% |
| 1994 | 8,350 USD | +4.9% |
| 1995 | 8,766 USD | +5.0% |
| 1996 | 9,338 USD | +6.5% |
| 1997 | 9,866 USD | +5.7% |
| 1998 | 11,123 USD | +12.7% |
| 1999 | 11,652 USD | +4.8% |
| 2000 | 12,028 USD | +3.2% |
| 2001 | 11,993 USD | -0.3% |
| 2002 | 12,117 USD | +1.0% |
| 2003 | 12,443 USD | +2.7% |
| 2004 | 13,277 USD | +6.7% |
| 2005 | 14,646 USD | +10.3% |
| 2006 | 15,620 USD | +6.6% |
| 2007 | 17,825 USD | +14.1% |
| 2008 | 18,781 USD | +5.4% |
| 2009 | 18,039 USD | -4.0% |
| 2010 | 18,860 USD | +4.6% |
| 2011 | 19,346 USD | +2.6% |
| 2012 | 19,034 USD | -1.6% |
| 2013 | 19,308 USD | +1.4% |
| 2014 | 19,278 USD | -0.2% |
| 2015 | 18,954 USD | -1.7% |
| 2016 | 19,066 USD | +0.6% |
| 2017 | 19,693 USD | +3.3% |
| 2018 | 20,056 USD | +1.8% |
| 2019 | 20,584 USD | +2.6% |
| 2020 | 18,347 USD | -10.9% |
| 2021 | 18,697 USD | +1.9% |
| 2022 | 22,164 USD | +18.5% |
| 2023 | 23,804 USD | +7.4% |
| 2024 | 25,366 USD | +6.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1,817 USD | 874.08 USD | 3,205 USD | 10 |
| 1980s | 5,734 USD | 4,109 USD | 7,930 USD | 10 |
| 1990s | 9,043 USD | 7,569 USD | 11,652 USD | 10 |
| 2000s | 14,677 USD | 11,993 USD | 18,781 USD | 10 |
| 2010s | 19,418 USD | 18,860 USD | 20,584 USD | 10 |
| 2020s | 21,676 USD | 18,347 USD | 25,366 USD | 5 |
Countries ranked near Barbados
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)
- Gross value added at basic prices (GVA) (current LCU), annual growth 5.52 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 1.79 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 50,832 current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 2.7 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.7349 constant 2015 US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 20,846 constant 2015 US$ per person (2025)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 2.7 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 1.71 constant LCU per US$ of GDP (2025)
Frequently asked questions
- What is gross domestic product — value us$ per capita in Barbados?
- Gross domestic product — value us$ per capita in Barbados was 25,366 USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value us$ per capita recorded in Barbados?
- The highest recorded value was 25,366 USD in 2024.
- What is the lowest gross domestic product — value us$ per capita recorded in Barbados?
- The lowest recorded value was 874.08 USD in 1970.
- How does Barbados rank for gross domestic product — value us$ per capita?
- Barbados ranks 59th out of 195 countries with data for 2024.
- Is gross domestic product — value us$ 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 Food and Agriculture Organization of the United Nations, published as part of Gross Domestic Product — Value US$ per capita. 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).