Gross value added at basic prices (GVA) (constant) … unit GDP 2015 in Barbados
Barbados: Gross value added at basic prices (GVA) (constant) … unit GDP 2015 was 0.7349 constant 2015 US$ per US$ of GDP in 2025. ◆ Volatile
Gross value added at basic prices (GVA) (constant 2015 US$), per unit in Barbados, 1975–2025
Source: Statizoid (derived). Measured in constant 2015 US$ per US$ of GDP.
Analysis
In 2025, gross value added at basic prices (gva) (constant 2015 us$), per unit in Barbados stood at 0.7349 constant 2015 US$ per US$ of GDP. That is the lowest value across all 51 years on record.
The figure is down 2.7% on the previous year and down 18.3% over ten years.
Over the whole period, gross value added at basic prices (gva) (constant 2015 us$), per unit in Barbados peaked at 5.93 constant 2015 US$ per US$ of GDP in 1975 and was at its lowest, 0.7349 constant 2015 US$ per US$ of GDP, in 2025.
Barbados ranks 102nd 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) … unit GDP 2015 in Barbados, year by year
| Year | constant 2015 US$ per US$ of GDP | Change |
|---|---|---|
| 1975 | 5.93 constant 2015 US$ per US$ of GDP | — |
| 1976 | 5.82 constant 2015 US$ per US$ of GDP | -1.9% |
| 1977 | 5.29 constant 2015 US$ per US$ of GDP | -9.2% |
| 1978 | 5.02 constant 2015 US$ per US$ of GDP | -5.1% |
| 1979 | 4.45 constant 2015 US$ per US$ of GDP | -11.2% |
| 1980 | 3.08 constant 2015 US$ per US$ of GDP | -30.9% |
| 1981 | 2.76 constant 2015 US$ per US$ of GDP | -10.3% |
| 1982 | 2.49 constant 2015 US$ per US$ of GDP | -9.8% |
| 1983 | 2.36 constant 2015 US$ per US$ of GDP | -5.3% |
| 1984 | 2.23 constant 2015 US$ per US$ of GDP | -5.3% |
| 1985 | 2.13 constant 2015 US$ per US$ of GDP | -4.7% |
| 1986 | 2.04 constant 2015 US$ per US$ of GDP | -4.0% |
| 1987 | 1.91 constant 2015 US$ per US$ of GDP | -6.6% |
| 1988 | 1.87 constant 2015 US$ per US$ of GDP | -2.0% |
| 1989 | 1.76 constant 2015 US$ per US$ of GDP | -5.6% |
| 1990 | 1.7 constant 2015 US$ per US$ of GDP | -3.9% |
| 1991 | 1.62 constant 2015 US$ per US$ of GDP | -4.6% |
| 1992 | 1.54 constant 2015 US$ per US$ of GDP | -4.5% |
| 1993 | 1.49 constant 2015 US$ per US$ of GDP | -3.7% |
| 1994 | 1.47 constant 2015 US$ per US$ of GDP | -0.8% |
| 1995 | 1.47 constant 2015 US$ per US$ of GDP | -0.3% |
| 1996 | 1.43 constant 2015 US$ per US$ of GDP | -2.5% |
| 1997 | 1.43 constant 2015 US$ per US$ of GDP | -0.5% |
| 1998 | 1.29 constant 2015 US$ per US$ of GDP | -9.4% |
| 1999 | 1.23 constant 2015 US$ per US$ of GDP | -4.5% |
| 2000 | 1.24 constant 2015 US$ per US$ of GDP | +0.2% |
| 2001 | 1.21 constant 2015 US$ per US$ of GDP | -2.2% |
| 2002 | 1.21 constant 2015 US$ per US$ of GDP | -0.3% |
| 2003 | 1.19 constant 2015 US$ per US$ of GDP | -1.5% |
| 2004 | 1.13 constant 2015 US$ per US$ of GDP | -5.3% |
| 2005 | 0.9916 constant 2015 US$ per US$ of GDP | -11.9% |
| 2006 | 1.42 constant 2015 US$ per US$ of GDP | +43.3% |
| 2007 | 1.32 constant 2015 US$ per US$ of GDP | -7.4% |
| 2008 | 1.3 constant 2015 US$ per US$ of GDP | -1.4% |
| 2009 | 1.29 constant 2015 US$ per US$ of GDP | -0.3% |
| 2010 | 0.9702 constant 2015 US$ per US$ of GDP | -24.9% |
| 2011 | 0.9468 constant 2015 US$ per US$ of GDP | -2.4% |
| 2012 | 0.9312 constant 2015 US$ per US$ of GDP | -1.6% |
| 2013 | 0.906 constant 2015 US$ per US$ of GDP | -2.7% |
| 2014 | 0.9114 constant 2015 US$ per US$ of GDP | +0.6% |
| 2015 | 0.8999 constant 2015 US$ per US$ of GDP | -1.3% |
| 2016 | 0.9157 constant 2015 US$ per US$ of GDP | +1.8% |
| 2017 | 0.8975 constant 2015 US$ per US$ of GDP | -2.0% |
| 2018 | 0.8737 constant 2015 US$ per US$ of GDP | -2.7% |
| 2019 | 0.8501 constant 2015 US$ per US$ of GDP | -2.7% |
| 2020 | 0.8102 constant 2015 US$ per US$ of GDP | -4.7% |
| 2021 | 0.8021 constant 2015 US$ per US$ of GDP | -1.0% |
| 2022 | 0.7928 constant 2015 US$ per US$ of GDP | -1.2% |
| 2023 | 0.7672 constant 2015 US$ per US$ of GDP | -3.2% |
| 2024 | 0.7551 constant 2015 US$ per US$ of GDP | -1.6% |
| 2025 | 0.7349 constant 2015 US$ per US$ of GDP | -2.7% |
Barbados compared with similar countries
- Barbados's 0.7349 constant 2015 US$ per US$ of GDP is above the median for high income countries, which is 0.7299 constant 2015 US$ per US$ of GDP, 1.0× the median. (69 countries reporting)
- Barbados's 0.7349 constant 2015 US$ per US$ of GDP is above the median for Latin America & Caribbean, which is 0.7338 constant 2015 US$ per US$ of GDP, 1.0× the median. (36 countries reporting)
Biggest year-on-year movements
Years where Gross value added at basic prices (GVA) (constant) … unit GDP 2015 in Barbados changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2006 | +43.3% | 0.9916 constant 2015 US$ per US$ of GDP | 1.42 constant 2015 US$ per US$ of GDP |
| 1980 | -30.9% | 4.45 constant 2015 US$ per US$ of GDP | 3.08 constant 2015 US$ per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 5.3 constant 2015 US$ per US$ of GDP | 4.45 constant 2015 US$ per US$ of GDP | 5.93 constant 2015 US$ per US$ of GDP | 5 |
| 1980s | 2.26 constant 2015 US$ per US$ of GDP | 1.76 constant 2015 US$ per US$ of GDP | 3.08 constant 2015 US$ per US$ of GDP | 10 |
| 1990s | 1.47 constant 2015 US$ per US$ of GDP | 1.23 constant 2015 US$ per US$ of GDP | 1.7 constant 2015 US$ per US$ of GDP | 10 |
| 2000s | 1.23 constant 2015 US$ per US$ of GDP | 0.9916 constant 2015 US$ per US$ of GDP | 1.42 constant 2015 US$ per US$ of GDP | 10 |
| 2010s | 0.9102 constant 2015 US$ per US$ of GDP | 0.8501 constant 2015 US$ per US$ of GDP | 0.9702 constant 2015 US$ per US$ of GDP | 10 |
| 2020s | 0.777 constant 2015 US$ per US$ of GDP | 0.7349 constant 2015 US$ per US$ of GDP | 0.8102 constant 2015 US$ per US$ of GDP | 6 |
Countries ranked near Barbados
- 99 Bangladesh 0.7392 constant 2015 US$ per US$ of GDP compare
- 100 Argentina 0.7381 constant 2015 US$ per US$ of GDP compare
- 101 Vanuatu 0.7361 constant 2015 US$ per US$ of GDP compare
- 103 Colombia 0.7326 constant 2015 US$ per US$ of GDP compare
- 104 Malta 0.7299 constant 2015 US$ per US$ of GDP compare
- 105 France 0.7298 constant 2015 US$ per US$ of GDP 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)
- 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 value added at basic prices (gva) (constant 2015 us$), per unit in Barbados?
- Gross value added at basic prices (gva) (constant 2015 us$), per unit in Barbados was 0.7349 constant 2015 US$ per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (constant 2015 us$), per unit recorded in Barbados?
- The highest recorded value was 5.93 constant 2015 US$ per US$ of GDP in 1975.
- What is the lowest gross value added at basic prices (gva) (constant 2015 us$), per unit recorded in Barbados?
- The lowest recorded value was 0.7349 constant 2015 US$ per US$ of GDP in 2025.
- How does Barbados rank for gross value added at basic prices (gva) (constant 2015 us$), per unit?
- Barbados ranks 102nd out of 193 countries with data for 2025.
- Is gross value added at basic prices (gva) (constant 2015 us$), per unit rising or falling in Barbados?
- Over the last ten years it is down 18.3%. 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$), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 51 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross value added at basic prices (GVA) (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross value added at basic prices (GVA) (constant 2015 US$) ÷ GDP (current US$)
Computed from
- Gross value added at basic prices (GVA) Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross value added at basic prices (GVA) (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.