Gross Fixed Capital Formation — Value US$, 2015 prices, per capita in Barbados
Barbados: Gross Fixed Capital Formation — Value US$, 2015 prices, per capita was 0.0033 million USD per person in 2024. ▲ Rising
Gross Fixed Capital Formation — Value US$, 2015 prices, per capita in Barbados, 1970–2024
Source: Statizoid (derived). Measured in million USD per person.
Analysis
Barbados recorded 0.0033 million USD per person for gross fixed capital formation — value us$, 2015 prices, per capita in 2024.
Compared with earlier readings it is up 2.4% on the previous year and up 4.5% over ten years.
Over the whole period, gross fixed capital formation — value us$, 2015 prices, per capita in Barbados peaked at 0.0034 million USD per person in 2006 and was at its lowest, 0.001 million USD per person, in 1992.
That places Barbados 73rd out of 194 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 55 years of available data.
Gross Fixed Capital Formation — Value US$, 2015 prices, per capita in Barbados, year by year
| Year | million USD per person | Change |
|---|---|---|
| 1970 | 0.0015 million USD per person | — |
| 1971 | 0.0013 million USD per person | -13.9% |
| 1972 | 0.0013 million USD per person | +1.9% |
| 1973 | 0.0013 million USD per person | -1.7% |
| 1974 | 0.0014 million USD per person | +13.0% |
| 1975 | 0.0014 million USD per person | -1.0% |
| 1976 | 0.0019 million USD per person | +35.5% |
| 1977 | 0.0016 million USD per person | -15.6% |
| 1978 | 0.002 million USD per person | +22.6% |
| 1979 | 0.0019 million USD per person | -4.0% |
| 1980 | 0.002 million USD per person | +7.4% |
| 1981 | 0.0024 million USD per person | +16.4% |
| 1982 | 0.0019 million USD per person | -20.4% |
| 1983 | 0.0016 million USD per person | -13.8% |
| 1984 | 0.0014 million USD per person | -13.4% |
| 1985 | 0.0013 million USD per person | -7.7% |
| 1986 | 0.0015 million USD per person | +11.9% |
| 1987 | 0.0015 million USD per person | +4.7% |
| 1988 | 0.0017 million USD per person | +9.5% |
| 1989 | 0.0019 million USD per person | +12.3% |
| 1990 | 0.0018 million USD per person | -6.7% |
| 1991 | 0.0018 million USD per person | +0.1% |
| 1992 | 0.001 million USD per person | -44.1% |
| 1993 | 0.0012 million USD per person | +25.8% |
| 1994 | 0.0017 million USD per person | +34.5% |
| 1995 | 0.0016 million USD per person | -4.7% |
| 1996 | 0.0017 million USD per person | +7.9% |
| 1997 | 0.0026 million USD per person | +49.9% |
| 1998 | 0.0031 million USD per person | +18.8% |
| 1999 | 0.0029 million USD per person | -4.4% |
| 2000 | 0.0028 million USD per person | -4.5% |
| 2001 | 0.0027 million USD per person | -3.6% |
| 2002 | 0.0033 million USD per person | +24.2% |
| 2003 | 0.0025 million USD per person | -24.2% |
| 2004 | 0.0026 million USD per person | +4.6% |
| 2005 | 0.0027 million USD per person | +2.8% |
| 2006 | 0.0034 million USD per person | +25.3% |
| 2007 | 0.003 million USD per person | -12.1% |
| 2008 | 0.003 million USD per person | -1.0% |
| 2009 | 0.0024 million USD per person | -17.4% |
| 2010 | 0.0031 million USD per person | +26.6% |
| 2011 | 0.0033 million USD per person | +6.3% |
| 2012 | 0.0031 million USD per person | -5.9% |
| 2013 | 0.0031 million USD per person | +0.8% |
| 2014 | 0.0031 million USD per person | -0.1% |
| 2015 | 0.0032 million USD per person | +1.1% |
| 2016 | 0.0031 million USD per person | -1.5% |
| 2017 | 0.003 million USD per person | -4.8% |
| 2018 | 0.0027 million USD per person | -10.1% |
| 2019 | 0.0027 million USD per person | +2.1% |
| 2020 | 0.0029 million USD per person | +5.3% |
| 2021 | 0.0027 million USD per person | -4.0% |
| 2022 | 0.0032 million USD per person | +16.6% |
| 2023 | 0.0032 million USD per person | -0.6% |
| 2024 | 0.0033 million USD per person | +2.4% |
Barbados compared with similar countries
- Barbados's 0.0033 million USD per person is below the median for high income countries, which is 0.007 million USD per person, 47% of the median. (73 countries reporting)
- Barbados's 0.0033 million USD per person is above the median for Latin America & Caribbean, which is 0.0028 million USD per person, 1.2× the median. (38 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0016 million USD per person | 0.0013 million USD per person | 0.002 million USD per person | 10 |
| 1980s | 0.0017 million USD per person | 0.0013 million USD per person | 0.0024 million USD per person | 10 |
| 1990s | 0.0019 million USD per person | 0.001 million USD per person | 0.0031 million USD per person | 10 |
| 2000s | 0.0029 million USD per person | 0.0024 million USD per person | 0.0034 million USD per person | 10 |
| 2010s | 0.003 million USD per person | 0.0027 million USD per person | 0.0033 million USD per person | 10 |
| 2020s | 0.0031 million USD per person | 0.0027 million USD per person | 0.0033 million USD per person | 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)
- 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$), annual growth rate 2.97 % change on previous year (2024)
Frequently asked questions
- What is gross fixed capital formation — value us$, 2015 prices, per capita in Barbados?
- Gross fixed capital formation — value us$, 2015 prices, per capita in Barbados was 0.0033 million USD per person in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value us$, 2015 prices, per capita recorded in Barbados?
- The highest recorded value was 0.0034 million USD per person in 2006.
- What is the lowest gross fixed capital formation — value us$, 2015 prices, per capita recorded in Barbados?
- The lowest recorded value was 0.001 million USD per person in 1992.
- How does Barbados rank for gross fixed capital formation — value us$, 2015 prices, per capita?
- Barbados ranks 73rd out of 194 countries with data for 2024.
- Is gross fixed capital formation — value us$, 2015 prices, per capita rising or falling in Barbados?
- Over the last ten years it is up 4.5%. The long-run trend across the full record is rising.
- Where does this Barbados data come from?
- The figures come from Statizoid (derived), published as part of Gross Fixed Capital Formation — Value US$, 2015 prices, per capita. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross Fixed Capital Formation — Value US$, 2015 prices divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Fixed Capital Formation — Value US$, 2015 prices ÷ Population, total
Computed from
- Gross Fixed Capital Formation — Value US$, 2015 prices Food and Agriculture Organization of the United Nations
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross Fixed Capital Formation — Value US$, 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.