Gross value added at basic prices (GVA) in Barbados
Barbados: Gross value added at basic prices (GVA) was 7.18 billion current US$ in 2025. ◆ Volatile
Gross value added at basic prices (GVA) in Barbados, 1975–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
Barbados recorded 7.18 billion current US$ for gross value added at basic prices (gva) in 2025. That is the highest value across all 51 years on record.
That represents a change of up 5.5% on the previous year and up 40.1% over ten years.
Over the whole period, gross value added at basic prices (gva) in Barbados peaked at 7.18 billion current US$ in 2025 and was at its lowest, 298.15 million current US$, in 1975.
Barbados ranks 159th of 204 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 396.95 million current US$ | 298.15 million current US$ | 527.57 million current US$ | 5 |
| 1980s | 929.09 million current US$ | 677.77 million current US$ | 1.24 billion current US$ | 10 |
| 1990s | 2.04 billion current US$ | 1.74 billion current US$ | 2.55 billion current US$ | 10 |
| 2000s | 3.30 billion current US$ | 2.65 billion current US$ | 4.16 billion current US$ | 10 |
| 2010s | 5.16 billion current US$ | 4.93 billion current US$ | 5.50 billion current US$ | 10 |
| 2020s | 6.14 billion current US$ | 4.85 billion current US$ | 7.18 billion current US$ | 6 |
Countries ranked near Barbados
- 156 Cayman Islands 7.35 billion current US$ compare
- 157 Sierra Leone 7.23 billion current US$ compare
- 158 Montenegro 7.20 billion current US$ compare
- 160 Maldives 6.49 billion current US$ compare
- 161 Fiji 5.26 billion current US$ compare
- 162 Liberia 5.10 billion current US$ compare
More economy & growth data for Barbados
- Inflation of consumer prices 0.8% (2025)
- GDP per capita 23,014 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 4.9% (2024)
- Gross domestic product (GDP) 6.50 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 23,014 constant 2015 US$ (2025)
- DEC alternative conversion factor 2 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 181.00 million current LCU (2025)
- Net secondary income (Net current transfers from abroad) 90.50 million current US$ (2025)
- Taxes less subsidies on products 1.67 billion current LCU (2025)
- Taxes less subsidies on products 833.40 million current US$ (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) in Barbados?
- Gross value added at basic prices (gva) in Barbados was 7.18 billion current US$ in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross value added at basic prices (gva) recorded in Barbados?
- The highest recorded value was 7.18 billion current US$ in 2025.
- What is the lowest gross value added at basic prices (gva) recorded in Barbados?
- The lowest recorded value was 298.15 million current US$ in 1975.
- How does Barbados rank for gross value added at basic prices (gva)?
- Barbados ranks 159th out of 204 countries with data for 2025.
- Is gross value added at basic prices (gva) rising or falling in Barbados?
- Over the last ten years it is up 40.1%. The long-run trend across the full record is volatile.
- Where does this Barbados data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross value added at basic prices (GVA) (current US$). Statizoid updates them automatically from the source API.
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About this data
Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.