Gross value added at basic prices (GVA) (current LCU), annual growth in Barbados

Barbados: Gross value added at basic prices (GVA) (current LCU), annual growth was 5.52 % change on previous year in 2025. ◆ Volatile

Latest (2025)
5.52 % change on previous year
Change on year
up 2.6%
World rank
125th
of 205 countries
All-time high
49.73 % change on previous year
in 1990
All-time low
-11.82 % change on previous year
in 2020
Years of data
50
1976–2025

Gross value added at basic prices (GVA) (current LCU), annual growth in Barbados, 1976–2025

-2002040197620002025

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 (GVA) (current LCU), annual growth in Barbados, year by year

Annual values for Gross value added at basic prices (GVA) (current LCU), annual growth rate in Barbados, 1976 to 2025.
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%

Averages by decade

DecadeAverage LowestHighest 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

  1. 122 Cameroon 5.63 % change on previous year compare
  2. 123 Dominica 5.58 % change on previous year compare
  3. 124 Portugal 5.57 % change on previous year compare
  4. 126 Poland 5.5 % change on previous year compare
  5. 127 Latvia 5.5 % change on previous year compare
  6. 128 Bolivia 5.5 % change on previous year compare

See the full ranking of 206 places →

More economy & growth data for Barbados

All data for Barbados →

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

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

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

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) (current LCU), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
206 places, 8,871 data points, 1961–2025
Last refreshed

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.