Industry (including construction), value added (constant 2015 US$) in Barbados
Barbados: Industry (including construction), value added (constant 2015 US$) was 1.70 million constant 2015 US$ per square kilometre in 2023. ▼ Falling
Latest (2023)
1.70 million constant 2015 US$ per square kilometre
Change on year
down 4.0%
World rank
26th
of 193 countries
All-time high
2.37 million constant 2015 US$ per square kilometre
in 2008
All-time low
1.57 million constant 2015 US$ per square kilometre
in 1975
Years of data
49
1975–2023
Industry (including construction), value added (constant 2015 US$) in Barbados, 1975–2023
Source: Statizoid (derived). Measured in constant 2015 US$ per square kilometre.
Analysis
In 2023, industry (including construction), value added (constant 2015 us$) in Barbados stood at 1.70 million constant 2015 US$ per square kilometre.
Compared with earlier readings it is down 4.0% on the previous year and down 3.5% over ten years.
Over the whole period, industry (including construction), value added (constant 2015 us$) in Barbados peaked at 2.37 million constant 2015 US$ per square kilometre in 2008 and was at its lowest, 1.57 million constant 2015 US$ per square kilometre, in 1975.
Barbados ranks 26th of 193 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 49 years of available data.
Industry (including construction), value added (constant 2015 US$) in Barbados, year by year
| Year | constant 2015 US$ per square kilometre | Change |
|---|---|---|
| 1975 | 1.57 million constant 2015 US$ per square kilometre | — |
| 1976 | 1.82 million constant 2015 US$ per square kilometre | +15.5% |
| 1977 | 1.79 million constant 2015 US$ per square kilometre | -1.5% |
| 1978 | 1.96 million constant 2015 US$ per square kilometre | +9.3% |
| 1979 | 2.06 million constant 2015 US$ per square kilometre | +5.3% |
| 1980 | 2.14 million constant 2015 US$ per square kilometre | +3.8% |
| 1981 | 2.11 million constant 2015 US$ per square kilometre | -1.4% |
| 1982 | 1.96 million constant 2015 US$ per square kilometre | -6.8% |
| 1983 | 2.01 million constant 2015 US$ per square kilometre | +2.6% |
| 1984 | 2.05 million constant 2015 US$ per square kilometre | +1.8% |
| 1985 | 1.92 million constant 2015 US$ per square kilometre | -6.1% |
| 1986 | 2.04 million constant 2015 US$ per square kilometre | +5.8% |
| 1987 | 1.99 million constant 2015 US$ per square kilometre | -2.2% |
| 1988 | 2.13 million constant 2015 US$ per square kilometre | +7.2% |
| 1989 | 2.26 million constant 2015 US$ per square kilometre | +5.8% |
| 1990 | 2.15 million constant 2015 US$ per square kilometre | -4.6% |
| 1991 | 2.05 million constant 2015 US$ per square kilometre | -4.9% |
| 1992 | 1.79 million constant 2015 US$ per square kilometre | -12.6% |
| 1993 | 1.81 million constant 2015 US$ per square kilometre | +1.4% |
| 1994 | 1.83 million constant 2015 US$ per square kilometre | +0.7% |
| 1995 | 1.94 million constant 2015 US$ per square kilometre | +6.3% |
| 1996 | 2.05 million constant 2015 US$ per square kilometre | +5.7% |
| 1997 | 2.20 million constant 2015 US$ per square kilometre | +7.2% |
| 1998 | 2.06 million constant 2015 US$ per square kilometre | -6.3% |
| 1999 | 2.09 million constant 2015 US$ per square kilometre | +1.3% |
| 2000 | 2.07 million constant 2015 US$ per square kilometre | -0.7% |
| 2001 | 2.03 million constant 2015 US$ per square kilometre | -1.9% |
| 2002 | 2.12 million constant 2015 US$ per square kilometre | +4.2% |
| 2003 | 2.11 million constant 2015 US$ per square kilometre | -0.5% |
| 2004 | 2.16 million constant 2015 US$ per square kilometre | +2.6% |
| 2005 | 2.31 million constant 2015 US$ per square kilometre | +7.0% |
| 2006 | 2.22 million constant 2015 US$ per square kilometre | -3.8% |
| 2007 | 2.22 million constant 2015 US$ per square kilometre | -0.1% |
| 2008 | 2.37 million constant 2015 US$ per square kilometre | +6.5% |
| 2009 | 2.02 million constant 2015 US$ per square kilometre | -14.8% |
| 2010 | 1.81 million constant 2015 US$ per square kilometre | -10.0% |
| 2011 | 1.80 million constant 2015 US$ per square kilometre | -0.7% |
| 2012 | 1.78 million constant 2015 US$ per square kilometre | -1.4% |
| 2013 | 1.76 million constant 2015 US$ per square kilometre | -1.1% |
| 2014 | 1.75 million constant 2015 US$ per square kilometre | -0.3% |
| 2015 | 1.80 million constant 2015 US$ per square kilometre | +3.0% |
| 2016 | 1.79 million constant 2015 US$ per square kilometre | -0.8% |
| 2017 | 1.80 million constant 2015 US$ per square kilometre | +0.8% |
| 2018 | 1.73 million constant 2015 US$ per square kilometre | -4.1% |
| 2019 | 1.73 million constant 2015 US$ per square kilometre | +0.1% |
| 2020 | 1.64 million constant 2015 US$ per square kilometre | -5.4% |
| 2021 | 1.64 million constant 2015 US$ per square kilometre | +0.3% |
| 2022 | 1.77 million constant 2015 US$ per square kilometre | +7.6% |
| 2023 | 1.70 million constant 2015 US$ per square kilometre | -4.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.84 million constant 2015 US$ per square kilometre | 1.57 million constant 2015 US$ per square kilometre | 2.06 million constant 2015 US$ per square kilometre | 5 |
| 1980s | 2.06 million constant 2015 US$ per square kilometre | 1.92 million constant 2015 US$ per square kilometre | 2.26 million constant 2015 US$ per square kilometre | 10 |
| 1990s | 2.00 million constant 2015 US$ per square kilometre | 1.79 million constant 2015 US$ per square kilometre | 2.20 million constant 2015 US$ per square kilometre | 10 |
| 2000s | 2.16 million constant 2015 US$ per square kilometre | 2.02 million constant 2015 US$ per square kilometre | 2.37 million constant 2015 US$ per square kilometre | 10 |
| 2010s | 1.77 million constant 2015 US$ per square kilometre | 1.73 million constant 2015 US$ per square kilometre | 1.81 million constant 2015 US$ per square kilometre | 10 |
| 2020s | 1.68 million constant 2015 US$ per square kilometre | 1.64 million constant 2015 US$ per square kilometre | 1.77 million constant 2015 US$ per square kilometre | 4 |
Countries ranked near Barbados
- 23 Denmark 2.07 million constant 2015 US$ per square kilometre compare
- 24 Cayman Islands 1.84 million constant 2015 US$ per square kilometre compare
- 25 Maldives 1.73 million constant 2015 US$ per square kilometre compare
- 27 Italy 1.48 million constant 2015 US$ per square kilometre compare
- 28 Brunei 1.42 million constant 2015 US$ per square kilometre compare
- 29 Trinidad and Tobago 1.38 million constant 2015 US$ per square kilometre 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)
- Industry (including construction), value added (constant 2015 US$) 5.1 % change on previous year (2024)
- Industry (including construction), value added (constant 2015 US$) 0.1009 constant 2015 US$ per US$ of GDP (2024)
- Industry (including construction), value added (constant 2015 US$) 2,713 constant 2015 US$ per person (2024)
- Industry (including construction), value added (constant LCU), annual 5.1 % change on previous year (2024)
- Industry (including construction), value added (constant LCU), per 0.2456 constant LCU per US$ of GDP (2024)
- Industry (including construction), value added (constant LCU), per 6,605 constant LCU per person (2024)
- Services, value added (current US$), annual growth rate 5.66 % change on previous year (2024)
- Services, value added (current US$), per unit of GDP 0.7584 current US$ per US$ of GDP (2024)
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 1.70 million constant 2015 US$ per square kilometre in 2023, according to Statizoid (derived).
- What is the highest industry (including construction), value added (constant 2015 us$) recorded in Barbados?
- The highest recorded value was 2.37 million constant 2015 US$ per square kilometre in 2008.
- What is the lowest industry (including construction), value added (constant 2015 us$) recorded in Barbados?
- The lowest recorded value was 1.57 million constant 2015 US$ per square kilometre in 1975.
- How does Barbados rank for industry (including construction), value added (constant 2015 us$)?
- Barbados ranks 26th out of 193 countries with data for 2023.
- Is industry (including construction), value added (constant 2015 us$) rising or falling in Barbados?
- Over the last ten years it is down 3.5%. 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$), per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 49 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Industry (including construction), value added (constant 2015 US$) divided by Land area (sq. km), 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$) ÷ Land area (sq. km)
Computed from
- Industry (including construction), value added Country official statistics, National Statistical Offices (NSOs)
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Industry (including construction), value added (constant 2015 US$) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.