Industry (including construction), value added (constant 2015 US$) in Barbados
Barbados: Industry (including construction), value added (constant 2015 US$) was 0.1009 constant 2015 US$ per US$ of GDP in 2024. ◆ Volatile
Industry (including construction), value added (constant 2015 US$) in Barbados, 1975–2024
Source: Statizoid (derived). Measured in constant 2015 US$ per US$ of GDP.
Analysis
In 2024, industry (including construction), value added (constant 2015 us$) in Barbados stood at 0.1009 constant 2015 US$ per US$ of GDP. That is the lowest value across all 50 years on record.
The figure is down 0.1% on the previous year and down 23.9% over ten years.
Over the whole period, industry (including construction), value added (constant 2015 us$) in Barbados peaked at 1.79 constant 2015 US$ per US$ of GDP in 1976 and was at its lowest, 0.1009 constant 2015 US$ per US$ of GDP, in 2024.
Barbados ranks 167th of 195 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Industry (including construction), value added (constant 2015 US$) in Barbados, year by year
| Year | constant 2015 US$ per US$ of GDP | Change |
|---|---|---|
| 1975 | 1.68 constant 2015 US$ per US$ of GDP | — |
| 1976 | 1.79 constant 2015 US$ per US$ of GDP | +6.6% |
| 1977 | 1.55 constant 2015 US$ per US$ of GDP | -13.3% |
| 1978 | 1.52 constant 2015 US$ per US$ of GDP | -2.1% |
| 1979 | 1.32 constant 2015 US$ per US$ of GDP | -13.2% |
| 1980 | 0.9085 constant 2015 US$ per US$ of GDP | -31.2% |
| 1981 | 0.8139 constant 2015 US$ per US$ of GDP | -10.4% |
| 1982 | 0.7258 constant 2015 US$ per US$ of GDP | -10.8% |
| 1983 | 0.701 constant 2015 US$ per US$ of GDP | -3.4% |
| 1984 | 0.6547 constant 2015 US$ per US$ of GDP | -6.6% |
| 1985 | 0.5872 constant 2015 US$ per US$ of GDP | -10.3% |
| 1986 | 0.5659 constant 2015 US$ per US$ of GDP | -3.6% |
| 1987 | 0.5025 constant 2015 US$ per US$ of GDP | -11.2% |
| 1988 | 0.5063 constant 2015 US$ per US$ of GDP | +0.8% |
| 1989 | 0.4841 constant 2015 US$ per US$ of GDP | -4.4% |
| 1990 | 0.4605 constant 2015 US$ per US$ of GDP | -4.9% |
| 1991 | 0.436 constant 2015 US$ per US$ of GDP | -5.3% |
| 1992 | 0.3933 constant 2015 US$ per US$ of GDP | -9.8% |
| 1993 | 0.3781 constant 2015 US$ per US$ of GDP | -3.9% |
| 1994 | 0.3653 constant 2015 US$ per US$ of GDP | -3.4% |
| 1995 | 0.3767 constant 2015 US$ per US$ of GDP | +3.1% |
| 1996 | 0.3733 constant 2015 US$ per US$ of GDP | -0.9% |
| 1997 | 0.3787 constant 2015 US$ per US$ of GDP | +1.4% |
| 1998 | 0.3146 constant 2015 US$ per US$ of GDP | -16.9% |
| 1999 | 0.304 constant 2015 US$ per US$ of GDP | -3.4% |
| 2000 | 0.2911 constant 2015 US$ per US$ of GDP | -4.2% |
| 2001 | 0.2861 constant 2015 US$ per US$ of GDP | -1.7% |
| 2002 | 0.2931 constant 2015 US$ per US$ of GDP | +2.4% |
| 2003 | 0.2823 constant 2015 US$ per US$ of GDP | -3.7% |
| 2004 | 0.2698 constant 2015 US$ per US$ of GDP | -4.4% |
| 2005 | 0.2604 constant 2015 US$ per US$ of GDP | -3.5% |
| 2006 | 0.2268 constant 2015 US$ per US$ of GDP | -12.9% |
| 2007 | 0.2043 constant 2015 US$ per US$ of GDP | -9.9% |
| 2008 | 0.2124 constant 2015 US$ per US$ of GDP | +3.9% |
| 2009 | 0.194 constant 2015 US$ per US$ of GDP | -8.7% |
| 2010 | 0.1436 constant 2015 US$ per US$ of GDP | -26.0% |
| 2011 | 0.1391 constant 2015 US$ per US$ of GDP | -3.1% |
| 2012 | 0.1391 constant 2015 US$ per US$ of GDP | +0.0% |
| 2013 | 0.1334 constant 2015 US$ per US$ of GDP | -4.1% |
| 2014 | 0.1325 constant 2015 US$ per US$ of GDP | -0.7% |
| 2015 | 0.1361 constant 2015 US$ per US$ of GDP | +2.7% |
| 2016 | 0.1354 constant 2015 US$ per US$ of GDP | -0.5% |
| 2017 | 0.1326 constant 2015 US$ per US$ of GDP | -2.1% |
| 2018 | 0.1238 constant 2015 US$ per US$ of GDP | -6.6% |
| 2019 | 0.1206 constant 2015 US$ per US$ of GDP | -2.6% |
| 2020 | 0.1302 constant 2015 US$ per US$ of GDP | +7.9% |
| 2021 | 0.1187 constant 2015 US$ per US$ of GDP | -8.9% |
| 2022 | 0.1103 constant 2015 US$ per US$ of GDP | -7.1% |
| 2023 | 0.1009 constant 2015 US$ per US$ of GDP | -8.5% |
| 2024 | 0.1009 constant 2015 US$ per US$ of GDP | -0.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.57 constant 2015 US$ per US$ of GDP | 1.32 constant 2015 US$ per US$ of GDP | 1.79 constant 2015 US$ per US$ of GDP | 5 |
| 1980s | 0.645 constant 2015 US$ per US$ of GDP | 0.4841 constant 2015 US$ per US$ of GDP | 0.9085 constant 2015 US$ per US$ of GDP | 10 |
| 1990s | 0.378 constant 2015 US$ per US$ of GDP | 0.304 constant 2015 US$ per US$ of GDP | 0.4605 constant 2015 US$ per US$ of GDP | 10 |
| 2000s | 0.252 constant 2015 US$ per US$ of GDP | 0.194 constant 2015 US$ per US$ of GDP | 0.2931 constant 2015 US$ per US$ of GDP | 10 |
| 2010s | 0.1336 constant 2015 US$ per US$ of GDP | 0.1206 constant 2015 US$ per US$ of GDP | 0.1436 constant 2015 US$ per US$ of GDP | 10 |
| 2020s | 0.1122 constant 2015 US$ per US$ of GDP | 0.1009 constant 2015 US$ per US$ of GDP | 0.1302 constant 2015 US$ per US$ of GDP | 5 |
Countries ranked near Barbados
- 164 Vanuatu 0.1111 constant 2015 US$ per US$ of GDP compare
- 165 Kiribati 0.105 constant 2015 US$ per US$ of GDP compare
- 166 Aruba 0.1014 constant 2015 US$ per US$ of GDP compare
- 168 Marshall Islands 0.1002 constant 2015 US$ per US$ of GDP compare
- 169 Andorra 0.0997 constant 2015 US$ per US$ of GDP compare
- 170 Syria 0.096 constant 2015 US$ per US$ of GDP 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$) 5.1 % change on previous year (2024)
- Industry (including construction), value added (constant 2015 US$) 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)
- Services, value added (current US$), per capita 20,399 current US$ per person (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 0.1009 constant 2015 US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest industry (including construction), value added (constant 2015 us$) recorded in Barbados?
- The highest recorded value was 1.79 constant 2015 US$ per US$ of GDP in 1976.
- What is the lowest industry (including construction), value added (constant 2015 us$) recorded in Barbados?
- The lowest recorded value was 0.1009 constant 2015 US$ per US$ of GDP in 2024.
- How does Barbados rank for industry (including construction), value added (constant 2015 us$)?
- Barbados ranks 167th out of 195 countries with data for 2024.
- Is industry (including construction), value added (constant 2015 us$) rising or falling in Barbados?
- Over the last ten years it is down 23.9%. 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 Industry (including construction), value added (constant 2015 US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Industry (including construction), value added (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Industry (including construction), value added (constant 2015 US$) ÷ GDP (current US$)
Computed from
- Industry (including construction), value added Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Industry (including construction), value added (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.