Gross National Income — Value Standard Local Currency in Barbados
Barbados: Gross National Income — Value Standard Local Currency was 12,880 million SLC in 2023. ◆ Volatile
Gross National Income — Value Standard Local Currency in Barbados, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
Barbados recorded 12,880 million SLC for gross national income — value standard local currency in 2023. That is the highest value across all 54 years on record.
That represents a change of up 5.9% on the previous year and up 25.3% over ten years.
Over the whole period, gross national income — value standard local currency in Barbados peaked at 12,880 million SLC in 2023 and was at its lowest, 434.29 million SLC, in 1970.
Barbados ranks 169th of 202 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross National Income — Value Standard Local Currency in Barbados, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 434.29 million SLC | — |
| 1971 | 482.93 million SLC | +11.2% |
| 1972 | 533.97 million SLC | +10.6% |
| 1973 | 666.08 million SLC | +24.7% |
| 1974 | 845.76 million SLC | +27.0% |
| 1975 | 967.33 million SLC | +14.4% |
| 1976 | 1,049 million SLC | +8.4% |
| 1977 | 1,182 million SLC | +12.8% |
| 1978 | 1,332 million SLC | +12.7% |
| 1979 | 1,607 million SLC | +20.6% |
| 1980 | 2,011 million SLC | +25.1% |
| 1981 | 2,275 million SLC | +13.2% |
| 1982 | 2,371 million SLC | +4.2% |
| 1983 | 2,488 million SLC | +4.9% |
| 1984 | 2,724 million SLC | +9.5% |
| 1985 | 2,858 million SLC | +4.9% |
| 1986 | 3,057 million SLC | +7.0% |
| 1987 | 3,374 million SLC | +10.4% |
| 1988 | 3,592 million SLC | +6.5% |
| 1989 | 4,009 million SLC | +11.6% |
| 1990 | 4,017 million SLC | +0.2% |
| 1991 | 3,997 million SLC | -0.5% |
| 1992 | 3,875 million SLC | -3.0% |
| 1993 | 4,041 million SLC | +4.3% |
| 1994 | 4,250 million SLC | +5.2% |
| 1995 | 4,448 million SLC | +4.7% |
| 1996 | 4,737 million SLC | +6.5% |
| 1997 | 5,034 million SLC | +6.3% |
| 1998 | 5,297 million SLC | +5.2% |
| 1999 | 5,542 million SLC | +4.6% |
| 2000 | 6,081 million SLC | +9.7% |
| 2001 | 6,044 million SLC | -0.6% |
| 2002 | 6,123 million SLC | +1.3% |
| 2003 | 6,351 million SLC | +3.7% |
| 2004 | 6,788 million SLC | +6.9% |
| 2005 | 7,510 million SLC | +10.6% |
| 2006 | 7,922 million SLC | +5.5% |
| 2007 | 9,283 million SLC | +17.2% |
| 2008 | 9,717 million SLC | +4.7% |
| 2009 | 9,469 million SLC | -2.6% |
| 2010 | 10,126 million SLC | +6.9% |
| 2011 | 9,997 million SLC | -1.3% |
| 2012 | 10,149 million SLC | +1.5% |
| 2013 | 10,278 million SLC | +1.3% |
| 2014 | 10,282 million SLC | +0.0% |
| 2015 | 10,101 million SLC | -1.8% |
| 2016 | 10,175 million SLC | +0.7% |
| 2017 | 10,541 million SLC | +3.6% |
| 2018 | 10,733 million SLC | +1.8% |
| 2019 | 11,001 million SLC | +2.5% |
| 2020 | 10,192 million SLC | -7.4% |
| 2021 | 10,346 million SLC | +1.5% |
| 2022 | 12,159 million SLC | +17.5% |
| 2023 | 12,880 million SLC | +5.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 910.1 million SLC | 434.29 million SLC | 1,607 million SLC | 10 |
| 1980s | 2,876 million SLC | 2,011 million SLC | 4,009 million SLC | 10 |
| 1990s | 4,524 million SLC | 3,875 million SLC | 5,542 million SLC | 10 |
| 2000s | 7,529 million SLC | 6,044 million SLC | 9,717 million SLC | 10 |
| 2010s | 10,338 million SLC | 9,997 million SLC | 11,001 million SLC | 10 |
| 2020s | 11,394 million SLC | 10,192 million SLC | 12,880 million SLC | 4 |
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)
- Services, value added (constant LCU), per capita 39,942 constant LCU per person (2024)
- GDP deflator (base year varies by country), annual growth rate 2.74 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 5.51 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.896 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 25,416 current US$ per person (2025)
- 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)
Frequently asked questions
- What is gross national income — value standard local currency in Barbados?
- Gross national income — value standard local currency in Barbados was 12,880 million SLC in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross national income — value standard local currency recorded in Barbados?
- The highest recorded value was 12,880 million SLC in 2023.
- What is the lowest gross national income — value standard local currency recorded in Barbados?
- The lowest recorded value was 434.29 million SLC in 1970.
- How does Barbados rank for gross national income — value standard local currency?
- Barbados ranks 169th out of 202 countries with data for 2023.
- Is gross national income — value standard local currency rising or falling in Barbados?
- Over the last ten years it is up 25.3%. 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 National Income — Value Standard Local Currency. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 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).