Gross value added at basic prices (GVA) (constant 2015 US$), annual in Barbados

Barbados: Gross value added at basic prices (GVA) (constant 2015 US$), annual was 2.7 % change on previous year in 2025. ◆ Volatile

Latest (2025)
2.7 % change on previous year
Change on year
down 23.4%
World rank
114th
of 193 countries
All-time high
58.18 % change on previous year
in 2006
All-time low
-16.5 % change on previous year
in 2020
Years of data
50
1976–2025

Gross value added at basic prices (GVA) (constant 2015 US$), annual in Barbados, 1976–2025

-200204060197620002025

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2025, gross value added at basic prices (gva) (constant 2015 us$), annual in Barbados stood at 2.7 % change on previous year.

That represents a change of down 23.4% on the previous year and up 368.2% over ten years.

Over the whole period, gross value added at basic prices (gva) (constant 2015 us$), annual in Barbados peaked at 58.18 % change on previous year in 2006 and was at its lowest, -16.5 % change on previous year, in 2020.

Barbados ranks 114th of 193 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 value added at basic prices (GVA) (constant 2015 US$), annual in Barbados, year by year

Annual values for Gross value added at basic prices (GVA) (constant 2015 US$), annual growth rate in Barbados, 1976 to 2025.
Year % change on previous year Change
1976 6.37 % change on previous year
1977 3.18 % change on previous year -50.2%
1978 5.94 % change on previous year +87.0%
1979 7.66 % change on previous year +29.0%
1980 4.32 % change on previous year -43.7%
1981 -1.22 % change on previous year -128.2%
1982 -5.76 % change on previous year +373.0%
1983 0.5257 % change on previous year -109.1%
1984 3.23 % change on previous year +513.6%
1985 -0.3108 % change on previous year -109.6%
1986 5.4 % change on previous year -1838.5%
1987 2.82 % change on previous year -47.8%
1988 4.21 % change on previous year +49.2%
1989 4.51 % change on previous year +7.3%
1990 -3.64 % change on previous year -180.6%
1991 -4.23 % change on previous year +16.1%
1992 -7.53 % change on previous year +78.2%
1993 1.48 % change on previous year -119.7%
1994 3.48 % change on previous year +135.1%
1995 2.71 % change on previous year -22.2%
1996 3.98 % change on previous year +47.0%
1997 5.2 % change on previous year +30.6%
1998 2.16 % change on previous year -58.5%
1999 0.1033 % change on previous year -95.2%
2000 3.85 % change on previous year +3631.0%
2001 -2.34 % change on previous year -160.7%
2002 1.36 % change on previous year -158.3%
2003 1.8 % change on previous year +32.4%
2004 1.63 % change on previous year -9.8%
2005 -2.31 % change on previous year -242.0%
2006 58.18 % change on previous year -2617.5%
2007 2.65 % change on previous year -95.5%
2008 1.02 % change on previous year -61.4%
2009 -7.07 % change on previous year -791.7%
2010 -8.77 % change on previous year +24.1%
2011 0.0108 % change on previous year -100.1%
2012 -3 % change on previous year -27817.9%
2013 0.3668 % change on previous year -112.2%
2014 1.03 % change on previous year +181.5%
2015 -1.01 % change on previous year -197.5%
2016 1.4 % change on previous year -238.7%
2017 0.917 % change on previous year -34.3%
2018 -0.0972 % change on previous year -110.6%
2019 -0.0078 % change on previous year -92.0%
2020 -16.5 % change on previous year +210850.2%
2021 9 % change on previous year -154.5%
2022 14.42 % change on previous year +60.3%
2023 1.49 % change on previous year -89.6%
2024 3.52 % change on previous year +135.8%
2025 2.7 % change on previous year -23.4%

Averages by decade

DecadeAverage LowestHighest Years
1970s 5.79 % change on previous year 3.18 % change on previous year 7.66 % change on previous year 4
1980s 1.77 % change on previous year -5.76 % change on previous year 5.4 % change on previous year 10
1990s 0.3728 % change on previous year -7.53 % change on previous year 5.2 % change on previous year 10
2000s 5.88 % change on previous year -7.07 % change on previous year 58.18 % change on previous year 10
2010s -0.916 % change on previous year -8.77 % change on previous year 1.4 % change on previous year 10
2020s 2.44 % change on previous year -16.5 % change on previous year 14.42 % change on previous year 6

Countries ranked near Barbados

  1. 111 Croatia 2.83 % change on previous year compare
  2. 112 Kosovo 2.81 % change on previous year compare
  3. 113 Saint Kitts and Nevis 2.73 % change on previous year compare
  4. 115 Hong Kong 2.68 % change on previous year compare
  5. 116 Czechia 2.66 % change on previous year compare
  6. 117 Colombia 2.66 % change on previous year compare

See the full ranking of 227 places →

More economy & growth data for Barbados

All data for Barbados →

Frequently asked questions

What is gross value added at basic prices (gva) (constant 2015 us$), annual in Barbados?
Gross value added at basic prices (gva) (constant 2015 us$), annual in Barbados was 2.7 % change on previous year in 2025, according to Statizoid (derived).
What is the highest gross value added at basic prices (gva) (constant 2015 us$), annual recorded in Barbados?
The highest recorded value was 58.18 % change on previous year in 2006.
What is the lowest gross value added at basic prices (gva) (constant 2015 us$), annual recorded in Barbados?
The lowest recorded value was -16.5 % change on previous year in 2020.
How does Barbados rank for gross value added at basic prices (gva) (constant 2015 us$), annual?
Barbados ranks 114th out of 193 countries with data for 2025.
Is gross value added at basic prices (gva) (constant 2015 us$), annual rising or falling in Barbados?
Over the last ten years it is up 368.2%. The long-run trend across the full record is volatile.
Where does this Barbados data come from?
The figures come from Statizoid (derived), published as part of Gross value added at basic prices (GVA) (constant 2015 US$), annual growth rate. Statizoid updates them automatically from the source API.

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Gross value added at basic prices (GVA) (constant 2015 US$), annual in Barbados. Statizoid, drawing on Statizoid (derived). Retrieved 28 August 2026, from https://economy.statizoid.com/stat/gross-value-added-at-basic-prices-gva-constant-2015-us-annual-growth-rate/barbados/

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<a href="https://economy.statizoid.com/stat/gross-value-added-at-basic-prices-gva-constant-2015-us-annual-growth-rate/barbados/">Gross value added at basic prices (GVA) (constant 2015 US$), annual in Barbados</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in Gross value added at basic prices (GVA) (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
Gross value added at basic prices (GVA) (constant 2015 US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
227 places, 9,544 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Gross value added at basic prices (GVA) (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.