Gross value added at basic prices (GVA) (constant LCU), annual growth in Barbados
Barbados: Gross value added at basic prices (GVA) (constant LCU), annual growth was 2.7 % change on previous year in 2025. ◆ Volatile
Gross value added at basic prices (GVA) (constant LCU), annual growth in Barbados, 1976–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross value added at basic prices (gva) (constant lcu), annual growth in Barbados is 2.7 % change on previous year, measured in 2025.
The figure is down 23.4% on the previous year and up 368.3% over ten years.
Over the whole period, gross value added at basic prices (gva) (constant lcu), annual growth 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.
That places Barbados 115th out of 195 countries with data for 2025, putting it 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 LCU), annual growth in Barbados, year by year
| 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 | +373.1% |
| 1983 | 0.5259 % change on previous year | -109.1% |
| 1984 | 3.23 % change on previous year | +513.3% |
| 1985 | -0.3108 % change on previous year | -109.6% |
| 1986 | 5.4 % change on previous year | -1838.6% |
| 1987 | 2.82 % change on previous year | -47.8% |
| 1988 | 4.2 % 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 | +78.1% |
| 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 | +30.7% |
| 1998 | 2.16 % change on previous year | -58.5% |
| 1999 | 0.1034 % change on previous year | -95.2% |
| 2000 | 3.85 % change on previous year | +3625.7% |
| 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 | -2617.6% |
| 2007 | 2.65 % change on previous year | -95.5% |
| 2008 | 1.02 % change on previous year | -61.3% |
| 2009 | -7.07 % change on previous year | -791.5% |
| 2010 | -8.77 % change on previous year | +24.1% |
| 2011 | 0.0106 % change on previous year | -100.1% |
| 2012 | -3 % change on previous year | -28435.4% |
| 2013 | 0.3668 % change on previous year | -112.2% |
| 2014 | 1.03 % change on previous year | +181.3% |
| 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 | -0.0082 % change on previous year | -91.6% |
| 2020 | -16.5 % change on previous year | +201566.8% |
| 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
| Decade | Average | Lowest | Highest | 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
- 112 Croatia 2.83 % change on previous year compare
- 113 Kosovo 2.81 % change on previous year compare
- 114 Saint Kitts and Nevis 2.73 % change on previous year compare
- 116 Hong Kong 2.68 % change on previous year compare
- 117 Czechia 2.66 % change on previous year compare
- 118 Colombia 2.66 % change on previous year 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)
- 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)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 2.7 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.7349 constant 2015 US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 20,846 constant 2015 US$ per person (2025)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 1.71 constant LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant LCU), per capita 48,608 constant LCU per person (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) (constant lcu), annual growth in Barbados?
- Gross value added at basic prices (gva) (constant lcu), annual growth 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 lcu), annual growth 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 lcu), annual growth 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 lcu), annual growth?
- Barbados ranks 115th out of 195 countries with data for 2025.
- Is gross value added at basic prices (gva) (constant lcu), annual growth rising or falling in Barbados?
- Over the last ten years it is up 368.3%. 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 LCU), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Gross value added at basic prices (GVA) (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross value added at basic prices (GVA) Country official statistics, National Statistical Offices (NSOs)
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
The year-on-year percentage change in Gross value added at basic prices (GVA) (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.