Industry (including construction), value added … capita 2015 in Barbados
Barbados: Industry (including construction), value added … capita 2015 was 2,713 constant 2015 US$ per person in 2024. ▼ Falling
Industry (including construction), value added (constant 2015 US$) in Barbados, 1975–2024
Source: Statizoid (derived). Measured in constant 2015 US$ per person.
Analysis
In 2024, industry (including construction), value added (constant 2015 us$) in Barbados stood at 2,713 constant 2015 US$ per person.
That represents a change of up 5.0% on the previous year and up 0.3% over ten years.
Over the whole period, industry (including construction), value added (constant 2015 us$) in Barbados peaked at 3,763 constant 2015 US$ per person in 1989 and was at its lowest, 2,498 constant 2015 US$ per person, in 2020.
Barbados ranks 73rd of 195 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 50 years of available data.
Industry (including construction), value added … capita 2015 in Barbados, year by year
| Year | constant 2015 US$ per person | Change |
|---|---|---|
| 1975 | 2,693 constant 2015 US$ per person | — |
| 1976 | 3,107 constant 2015 US$ per person | +15.4% |
| 1977 | 3,059 constant 2015 US$ per person | -1.6% |
| 1978 | 3,344 constant 2015 US$ per person | +9.3% |
| 1979 | 3,525 constant 2015 US$ per person | +5.4% |
| 1980 | 3,656 constant 2015 US$ per person | +3.7% |
| 1981 | 3,595 constant 2015 US$ per person | -1.7% |
| 1982 | 3,338 constant 2015 US$ per person | -7.2% |
| 1983 | 3,411 constant 2015 US$ per person | +2.2% |
| 1984 | 3,459 constant 2015 US$ per person | +1.4% |
| 1985 | 3,235 constant 2015 US$ per person | -6.5% |
| 1986 | 3,413 constant 2015 US$ per person | +5.5% |
| 1987 | 3,329 constant 2015 US$ per person | -2.5% |
| 1988 | 3,561 constant 2015 US$ per person | +7.0% |
| 1989 | 3,763 constant 2015 US$ per person | +5.7% |
| 1990 | 3,583 constant 2015 US$ per person | -4.8% |
| 1991 | 3,397 constant 2015 US$ per person | -5.2% |
| 1992 | 2,957 constant 2015 US$ per person | -12.9% |
| 1993 | 2,989 constant 2015 US$ per person | +1.1% |
| 1994 | 3,004 constant 2015 US$ per person | +0.5% |
| 1995 | 3,187 constant 2015 US$ per person | +6.1% |
| 1996 | 3,364 constant 2015 US$ per person | +5.6% |
| 1997 | 3,606 constant 2015 US$ per person | +7.2% |
| 1998 | 3,377 constant 2015 US$ per person | -6.3% |
| 1999 | 3,419 constant 2015 US$ per person | +1.2% |
| 2000 | 3,399 constant 2015 US$ per person | -0.6% |
| 2001 | 3,330 constant 2015 US$ per person | -2.0% |
| 2002 | 3,447 constant 2015 US$ per person | +3.5% |
| 2003 | 3,409 constant 2015 US$ per person | -1.1% |
| 2004 | 3,476 constant 2015 US$ per person | +2.0% |
| 2005 | 3,702 constant 2015 US$ per person | +6.5% |
| 2006 | 3,542 constant 2015 US$ per person | -4.3% |
| 2007 | 3,522 constant 2015 US$ per person | -0.6% |
| 2008 | 3,730 constant 2015 US$ per person | +5.9% |
| 2009 | 3,161 constant 2015 US$ per person | -15.3% |
| 2010 | 2,832 constant 2015 US$ per person | -10.4% |
| 2011 | 2,802 constant 2015 US$ per person | -1.1% |
| 2012 | 2,757 constant 2015 US$ per person | -1.6% |
| 2013 | 2,720 constant 2015 US$ per person | -1.3% |
| 2014 | 2,705 constant 2015 US$ per person | -0.5% |
| 2015 | 2,780 constant 2015 US$ per person | +2.8% |
| 2016 | 2,751 constant 2015 US$ per person | -1.0% |
| 2017 | 2,767 constant 2015 US$ per person | +0.6% |
| 2018 | 2,648 constant 2015 US$ per person | -4.3% |
| 2019 | 2,646 constant 2015 US$ per person | -0.1% |
| 2020 | 2,498 constant 2015 US$ per person | -5.6% |
| 2021 | 2,502 constant 2015 US$ per person | +0.2% |
| 2022 | 2,690 constant 2015 US$ per person | +7.5% |
| 2023 | 2,583 constant 2015 US$ per person | -4.0% |
| 2024 | 2,713 constant 2015 US$ per person | +5.1% |
Barbados compared with similar countries
- Barbados's 2,713 constant 2015 US$ per person is below the median for high income countries, which is 6,218 constant 2015 US$ per person, 44% of the median. (69 countries reporting)
- Barbados's 2,713 constant 2015 US$ per person is above the median for Latin America & Caribbean, which is 1,966 constant 2015 US$ per person, 1.4× the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3,146 constant 2015 US$ per person | 2,693 constant 2015 US$ per person | 3,525 constant 2015 US$ per person | 5 |
| 1980s | 3,476 constant 2015 US$ per person | 3,235 constant 2015 US$ per person | 3,763 constant 2015 US$ per person | 10 |
| 1990s | 3,288 constant 2015 US$ per person | 2,957 constant 2015 US$ per person | 3,606 constant 2015 US$ per person | 10 |
| 2000s | 3,472 constant 2015 US$ per person | 3,161 constant 2015 US$ per person | 3,730 constant 2015 US$ per person | 10 |
| 2010s | 2,741 constant 2015 US$ per person | 2,646 constant 2015 US$ per person | 2,832 constant 2015 US$ per person | 10 |
| 2020s | 2,597 constant 2015 US$ per person | 2,498 constant 2015 US$ per person | 2,713 constant 2015 US$ per person | 5 |
Countries ranked near Barbados
- 70 Macao 2,882 constant 2015 US$ per person compare
- 71 Hong Kong 2,840 constant 2015 US$ per person compare
- 72 Argentina 2,810 constant 2015 US$ per person compare
- 74 Cyprus 2,546 constant 2015 US$ per person compare
- 75 Uzbekistan 2,478 constant 2015 US$ per person compare
- 76 Belarus 2,396 constant 2015 US$ per person 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 industry (including construction), value added (constant 2015 us$) in Barbados?
- Industry (including construction), value added (constant 2015 us$) in Barbados was 2,713 constant 2015 US$ per person in 2024, according to Statizoid (derived).
- What is the highest industry (including construction), value added (constant 2015 us$) recorded in Barbados?
- The highest recorded value was 3,763 constant 2015 US$ per person in 1989.
- What is the lowest industry (including construction), value added (constant 2015 us$) recorded in Barbados?
- The lowest recorded value was 2,498 constant 2015 US$ per person in 2020.
- How does Barbados rank for industry (including construction), value added (constant 2015 us$)?
- Barbados ranks 73rd out of 195 countries with data for 2024.
- Is industry (including construction), value added (constant 2015 us$) rising or falling in Barbados?
- Over the last ten years it is up 0.3%. The long-run trend across the full record is falling.
- Where does this Barbados data come from?
- The figures come from Statizoid (derived), published as part of Industry (including construction), value added (constant 2015 US$), per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 50 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Industry (including construction), value added (constant 2015 US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Industry (including construction), value added (constant 2015 US$) ÷ Population, total
Computed from
- Industry (including construction), value added Country official statistics, National Statistical Offices (NSOs)
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Industry (including construction), value added (constant 2015 US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.