Gross Domestic Product — Value US$ in Barbados
Barbados: Gross Domestic Product — Value US$ was 7,165 million USD in 2024. ◆ Volatile
Gross Domestic Product — Value US$ in Barbados, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
The most recent figure for gross domestic product — value us$ in Barbados is 7,165 million USD, measured 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 33.5% over ten years.
Over the whole period, gross domestic product — value us$ in Barbados peaked at 7,165 million USD in 2024 and was at its lowest, 217.99 million USD, in 1970.
Barbados ranks 156th of 200 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 455.95 million USD | 217.99 million USD | 805.29 million USD | 10 |
| 1980s | 1,465 million USD | 1,034 million USD | 2,047 million USD | 10 |
| 1990s | 2,364 million USD | 1,970 million USD | 3,059 million USD | 10 |
| 2000s | 3,941 million USD | 3,147 million USD | 5,122 million USD | 10 |
| 2010s | 5,409 million USD | 5,191 million USD | 5,788 million USD | 10 |
| 2020s | 6,117 million USD | 5,168 million USD | 7,165 million USD | 5 |
Countries ranked near Barbados
- 153 Montenegro 8,074 million USD compare
- 154 Cayman Islands 7,552 million USD compare
- 155 Sierra Leone 7,351 million USD compare
- 157 Maldives 6,975 million USD compare
- 158 French Polynesia 6,606 million USD compare
- 159 Fiji 5,841 million 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)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.3651 (2025)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 2.74 (2025)
- Domestic currency per US dollar (End-of-period (EoP)) 2 (2025)
- US dollar per domestic currency (End-of-period (EoP)) 0.5 (2025)
- Gdp worldbank constant usd, annual growth rate 2.7 % change on previous year (2025)
- Gdp worldbank constant usd, per unit of GDP 0.8114 units per US$ of GDP (2025)
- Gdp worldbank constant usd, per capita 23,014 units per person (2025)
- Manufacturing value added to gdp, per unit of GDP 0 units per US$ of GDP (2024)
Frequently asked questions
- What is gross domestic product — value us$ in Barbados?
- Gross domestic product — value us$ in Barbados was 7,165 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value us$ recorded in Barbados?
- The highest recorded value was 7,165 million USD in 2024.
- What is the lowest gross domestic product — value us$ recorded in Barbados?
- The lowest recorded value was 217.99 million USD in 1970.
- How does Barbados rank for gross domestic product — value us$?
- Barbados ranks 156th out of 200 countries with data for 2024.
- Is gross domestic product — value us$ rising or falling in Barbados?
- Over the last ten years it is up 33.5%. 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$. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
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).