Gross value added at basic prices … current LCU annual growth rate in Barbados
Barbados: Gross value added at basic prices … current LCU annual growth rate was 5.52 % change on previous year in 2025. ◆ Volatile
Gross value added at basic prices (GVA) (current LCU), annual growth in Barbados, 1976–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2025, gross value added at basic prices (gva) (current lcu), annual growth in Barbados stood at 5.52 % change on previous year.
Compared with earlier readings it is up 2.6% on the previous year and up 721.1% over ten years.
Over the whole period, gross value added at basic prices (gva) (current lcu), annual growth in Barbados peaked at 49.73 % change on previous year in 1990 and was at its lowest, -11.82 % change on previous year, in 2020.
Barbados ranks 125th of 205 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 … current LCU annual growth rate in Barbados, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1976 | 12.6 % change on previous year | — |
| 1977 | 14.99 % change on previous year | +18.9% |
| 1978 | 11.4 % change on previous year | -23.9% |
| 1979 | 22.13 % change on previous year | +94.1% |
| 1980 | 28.47 % change on previous year | +28.6% |
| 1981 | 9.74 % change on previous year | -65.8% |
| 1982 | 2.54 % change on previous year | -73.9% |
| 1983 | 6.92 % change on previous year | +172.1% |
| 1984 | 9.96 % change on previous year | +43.9% |
| 1985 | 4.4 % change on previous year | -55.8% |
| 1986 | 5.49 % change on previous year | +24.6% |
| 1987 | 10.05 % change on previous year | +83.2% |
| 1988 | 5.63 % change on previous year | -44.0% |
| 1989 | 7.61 % change on previous year | +35.1% |
| 1990 | 49.73 % change on previous year | +553.6% |
| 1991 | -1.54 % change on previous year | -103.1% |
| 1992 | -5.06 % change on previous year | +227.9% |
| 1993 | 4.19 % change on previous year | -182.8% |
| 1994 | 4.34 % change on previous year | +3.6% |
| 1995 | 4.77 % change on previous year | +10.0% |
| 1996 | 7.48 % change on previous year | +56.8% |
| 1997 | 5.19 % change on previous year | -30.6% |
| 1998 | 9.27 % change on previous year | +78.5% |
| 1999 | 4.77 % change on previous year | -48.6% |
| 2000 | 3.65 % change on previous year | -23.5% |
| 2001 | -0.3312 % change on previous year | -109.1% |
| 2002 | 3.48 % change on previous year | -1149.5% |
| 2003 | 2.76 % change on previous year | -20.5% |
| 2004 | 7.44 % change on previous year | +169.2% |
| 2005 | 9.41 % change on previous year | +26.5% |
| 2006 | 12.1 % change on previous year | +28.6% |
| 2007 | 8.59 % change on previous year | -29.0% |
| 2008 | 3.35 % change on previous year | -61.0% |
| 2009 | -5.28 % change on previous year | -257.8% |
| 2010 | 25.07 % change on previous year | -574.5% |
| 2011 | 3.16 % change on previous year | -87.4% |
| 2012 | -3.21 % change on previous year | -201.6% |
| 2013 | 4.71 % change on previous year | -246.8% |
| 2014 | 0.3228 % change on previous year | -93.1% |
| 2015 | -0.888 % change on previous year | -375.1% |
| 2016 | -0.2905 % change on previous year | -67.3% |
| 2017 | 1.99 % change on previous year | -784.2% |
| 2018 | 2.49 % change on previous year | +25.1% |
| 2019 | 2.95 % change on previous year | +18.7% |
| 2020 | -11.82 % change on previous year | -500.8% |
| 2021 | 9.66 % change on previous year | -181.7% |
| 2022 | 16.45 % change on previous year | +70.3% |
| 2023 | 4.27 % change on previous year | -74.0% |
| 2024 | 5.37 % change on previous year | +25.7% |
| 2025 | 5.52 % change on previous year | +2.6% |
Barbados compared with similar countries
- Barbados's 5.52 % change on previous year is above the median for high income countries, which is 5.13 % change on previous year, 1.1× the median. (77 countries reporting)
- Barbados's 5.52 % change on previous year is below the median for Latin America & Caribbean, which is 6.54 % change on previous year, 84% of the median. (39 countries reporting)
Biggest year-on-year movements
Years where Gross value added at basic prices … current LCU annual growth rate 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 |
|---|---|---|---|
| 2002 | +1149.5% | -0.3312 % change on previous year | 3.48 % change on previous year |
| 2017 | +784.2% | -0.2905 % change on previous year | 1.99 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 15.28 % change on previous year | 11.4 % change on previous year | 22.13 % change on previous year | 4 |
| 1980s | 9.08 % change on previous year | 2.54 % change on previous year | 28.47 % change on previous year | 10 |
| 1990s | 8.31 % change on previous year | -5.06 % change on previous year | 49.73 % change on previous year | 10 |
| 2000s | 4.52 % change on previous year | -5.28 % change on previous year | 12.1 % change on previous year | 10 |
| 2010s | 3.63 % change on previous year | -3.21 % change on previous year | 25.07 % change on previous year | 10 |
| 2020s | 4.91 % change on previous year | -11.82 % change on previous year | 16.45 % change on previous year | 6 |
Countries ranked near Barbados
- 122 Cameroon 5.63 % change on previous year compare
- 123 Dominica 5.58 % change on previous year compare
- 124 Portugal 5.57 % change on previous year compare
- 126 Poland 5.5 % change on previous year compare
- 127 Latvia 5.5 % change on previous year compare
- 128 Bolivia 5.5 % 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)
- 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) (current lcu), annual growth in Barbados?
- Gross value added at basic prices (gva) (current lcu), annual growth in Barbados was 5.52 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (current lcu), annual growth recorded in Barbados?
- The highest recorded value was 49.73 % change on previous year in 1990.
- What is the lowest gross value added at basic prices (gva) (current lcu), annual growth recorded in Barbados?
- The lowest recorded value was -11.82 % change on previous year in 2020.
- How does Barbados rank for gross value added at basic prices (gva) (current lcu), annual growth?
- Barbados ranks 125th out of 205 countries with data for 2025.
- Is gross value added at basic prices (gva) (current lcu), annual growth rising or falling in Barbados?
- Over the last ten years it is up 721.1%. 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) (current 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) (current 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 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
The year-on-year percentage change in Gross value added at basic prices (GVA) (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.