Gross Fixed Capital: Value Standard … 2015 Standard Local Currency in Barbados
Barbados: Gross Fixed Capital: Value Standard … 2015 Standard Local Currency was 1,842 million SLC in 2024. ▲ Rising
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Barbados, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
Barbados recorded 1,842 million SLC for gross fixed capital formation — value standard local currency, 2015 in 2024. That is the highest value across all 55 years on record.
That represents a change of up 2.4% on the previous year and up 6.0% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, 2015 in Barbados peaked at 1,842 million SLC in 2024 and was at its lowest, 512.75 million SLC, in 1992.
Barbados ranks 187th of 222 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 55 years of available data.
Gross Fixed Capital: Value Standard … 2015 Standard Local Currency in Barbados, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 732.79 million SLC | — |
| 1971 | 630.11 million SLC | -14.0% |
| 1972 | 643.26 million SLC | +2.1% |
| 1973 | 633.93 million SLC | -1.5% |
| 1974 | 717.94 million SLC | +13.3% |
| 1975 | 711.58 million SLC | -0.9% |
| 1976 | 965.32 million SLC | +35.7% |
| 1977 | 815.11 million SLC | -15.6% |
| 1978 | 999.26 million SLC | +22.6% |
| 1979 | 958.53 million SLC | -4.1% |
| 1980 | 1,031 million SLC | +7.5% |
| 1981 | 1,203 million SLC | +16.7% |
| 1982 | 960.77 million SLC | -20.2% |
| 1983 | 830.9 million SLC | -13.5% |
| 1984 | 722.06 million SLC | -13.1% |
| 1985 | 669.13 million SLC | -7.3% |
| 1986 | 751.24 million SLC | +12.3% |
| 1987 | 788.88 million SLC | +5.0% |
| 1988 | 865.44 million SLC | +9.7% |
| 1989 | 973.26 million SLC | +12.5% |
| 1990 | 909.82 million SLC | -6.5% |
| 1991 | 913.95 million SLC | +0.5% |
| 1992 | 512.75 million SLC | -43.9% |
| 1993 | 646.84 million SLC | +26.2% |
| 1994 | 872.18 million SLC | +34.8% |
| 1995 | 832.87 million SLC | -4.5% |
| 1996 | 899.35 million SLC | +8.0% |
| 1997 | 1,349 million SLC | +50.0% |
| 1998 | 1,603 million SLC | +18.8% |
| 1999 | 1,533 million SLC | -4.4% |
| 2000 | 1,461 million SLC | -4.7% |
| 2001 | 1,411 million SLC | -3.4% |
| 2002 | 1,765 million SLC | +25.1% |
| 2003 | 1,345 million SLC | -23.8% |
| 2004 | 1,415 million SLC | +5.2% |
| 2005 | 1,461 million SLC | +3.3% |
| 2006 | 1,841 million SLC | +25.9% |
| 2007 | 1,625 million SLC | -11.7% |
| 2008 | 1,617 million SLC | -0.5% |
| 2009 | 1,343 million SLC | -16.9% |
| 2010 | 1,707 million SLC | +27.1% |
| 2011 | 1,820 million SLC | +6.7% |
| 2012 | 1,718 million SLC | -5.6% |
| 2013 | 1,736 million SLC | +1.1% |
| 2014 | 1,738 million SLC | +0.1% |
| 2015 | 1,761 million SLC | +1.4% |
| 2016 | 1,739 million SLC | -1.3% |
| 2017 | 1,660 million SLC | -4.6% |
| 2018 | 1,496 million SLC | -9.9% |
| 2019 | 1,530 million SLC | +2.3% |
| 2020 | 1,614 million SLC | +5.5% |
| 2021 | 1,552 million SLC | -3.9% |
| 2022 | 1,810 million SLC | +16.6% |
| 2023 | 1,799 million SLC | -0.6% |
| 2024 | 1,842 million SLC | +2.4% |
Barbados compared with similar countries
- Barbados's 1,842 million SLC is below the median for high income countries, which is 32,825 million SLC, 6% of the median. (73 countries reporting)
- Barbados's 1,842 million SLC is below the median for Latin America & Caribbean, which is 13,495 million SLC, 14% of the median. (38 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 780.78 million SLC | 630.11 million SLC | 999.26 million SLC | 10 |
| 1980s | 879.61 million SLC | 669.13 million SLC | 1,203 million SLC | 10 |
| 1990s | 1,007 million SLC | 512.75 million SLC | 1,603 million SLC | 10 |
| 2000s | 1,528 million SLC | 1,343 million SLC | 1,841 million SLC | 10 |
| 2010s | 1,690 million SLC | 1,496 million SLC | 1,820 million SLC | 10 |
| 2020s | 1,723 million SLC | 1,552 million SLC | 1,842 million SLC | 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)
- SDRs holdings, US dollar, annual growth rate -64.37 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.002 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 55.55 units per person (2025)
- SDRs holdings, SDR, annual growth rate -66.07 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0014 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 40.56 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -18.55 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0583 units per US$ of GDP (2025)
Frequently asked questions
- What is gross fixed capital formation — value standard local currency, 2015 in Barbados?
- Gross fixed capital formation — value standard local currency, 2015 in Barbados was 1,842 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value standard local currency, 2015 recorded in Barbados?
- The highest recorded value was 1,842 million SLC in 2024.
- What is the lowest gross fixed capital formation — value standard local currency, 2015 recorded in Barbados?
- The lowest recorded value was 512.75 million SLC in 1992.
- How does Barbados rank for gross fixed capital formation — value standard local currency, 2015?
- Barbados ranks 187th out of 222 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency, 2015 rising or falling in Barbados?
- Over the last ten years it is up 6.0%. 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 Fixed Capital Formation — Value Standard Local Currency, 2015 prices. 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).