Industry (including construction), value added … unit GDP LCU in Barbados
Barbados: Industry (including construction), value added … unit GDP LCU was 0.2456 constant LCU per US$ of GDP in 2024. ◆ Volatile
Industry (including construction), value added (constant LCU), per in Barbados, 1975–2024
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
Barbados recorded 0.2456 constant LCU per US$ of GDP for industry (including construction), value added (constant lcu), per in 2024. That is the lowest value across all 50 years on record.
Compared with earlier readings it 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 lcu), per in Barbados peaked at 4.36 constant LCU per US$ of GDP in 1976 and was at its lowest, 0.2456 constant LCU per US$ of GDP, in 2024.
That places Barbados 143rd out of 198 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Industry (including construction), value added … unit GDP LCU in Barbados, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 1975 | 4.09 constant LCU per US$ of GDP | — |
| 1976 | 4.36 constant LCU per US$ of GDP | +6.6% |
| 1977 | 3.79 constant LCU per US$ of GDP | -13.3% |
| 1978 | 3.7 constant LCU per US$ of GDP | -2.1% |
| 1979 | 3.22 constant LCU per US$ of GDP | -13.2% |
| 1980 | 2.21 constant LCU per US$ of GDP | -31.2% |
| 1981 | 1.98 constant LCU per US$ of GDP | -10.4% |
| 1982 | 1.77 constant LCU per US$ of GDP | -10.8% |
| 1983 | 1.71 constant LCU per US$ of GDP | -3.4% |
| 1984 | 1.59 constant LCU per US$ of GDP | -6.6% |
| 1985 | 1.43 constant LCU per US$ of GDP | -10.3% |
| 1986 | 1.38 constant LCU per US$ of GDP | -3.6% |
| 1987 | 1.22 constant LCU per US$ of GDP | -11.2% |
| 1988 | 1.23 constant LCU per US$ of GDP | +0.8% |
| 1989 | 1.18 constant LCU per US$ of GDP | -4.4% |
| 1990 | 1.12 constant LCU per US$ of GDP | -4.9% |
| 1991 | 1.06 constant LCU per US$ of GDP | -5.3% |
| 1992 | 0.9574 constant LCU per US$ of GDP | -9.8% |
| 1993 | 0.9205 constant LCU per US$ of GDP | -3.9% |
| 1994 | 0.8893 constant LCU per US$ of GDP | -3.4% |
| 1995 | 0.917 constant LCU per US$ of GDP | +3.1% |
| 1996 | 0.9088 constant LCU per US$ of GDP | -0.9% |
| 1997 | 0.9219 constant LCU per US$ of GDP | +1.4% |
| 1998 | 0.7659 constant LCU per US$ of GDP | -16.9% |
| 1999 | 0.7402 constant LCU per US$ of GDP | -3.4% |
| 2000 | 0.7088 constant LCU per US$ of GDP | -4.2% |
| 2001 | 0.6965 constant LCU per US$ of GDP | -1.7% |
| 2002 | 0.7135 constant LCU per US$ of GDP | +2.4% |
| 2003 | 0.6873 constant LCU per US$ of GDP | -3.7% |
| 2004 | 0.6568 constant LCU per US$ of GDP | -4.4% |
| 2005 | 0.634 constant LCU per US$ of GDP | -3.5% |
| 2006 | 0.5521 constant LCU per US$ of GDP | -12.9% |
| 2007 | 0.4975 constant LCU per US$ of GDP | -9.9% |
| 2008 | 0.517 constant LCU per US$ of GDP | +3.9% |
| 2009 | 0.4722 constant LCU per US$ of GDP | -8.7% |
| 2010 | 0.3496 constant LCU per US$ of GDP | -26.0% |
| 2011 | 0.3386 constant LCU per US$ of GDP | -3.1% |
| 2012 | 0.3387 constant LCU per US$ of GDP | +0.0% |
| 2013 | 0.3248 constant LCU per US$ of GDP | -4.1% |
| 2014 | 0.3225 constant LCU per US$ of GDP | -0.7% |
| 2015 | 0.3313 constant LCU per US$ of GDP | +2.7% |
| 2016 | 0.3297 constant LCU per US$ of GDP | -0.5% |
| 2017 | 0.3227 constant LCU per US$ of GDP | -2.1% |
| 2018 | 0.3015 constant LCU per US$ of GDP | -6.6% |
| 2019 | 0.2937 constant LCU per US$ of GDP | -2.6% |
| 2020 | 0.317 constant LCU per US$ of GDP | +7.9% |
| 2021 | 0.2889 constant LCU per US$ of GDP | -8.9% |
| 2022 | 0.2685 constant LCU per US$ of GDP | -7.1% |
| 2023 | 0.2457 constant LCU per US$ of GDP | -8.5% |
| 2024 | 0.2456 constant LCU per US$ of GDP | -0.1% |
Barbados compared with similar countries
- Barbados's 0.2456 constant LCU per US$ of GDP is above the median for high income countries, which is 0.2163 constant LCU per US$ of GDP, 1.1× the median. (70 countries reporting)
- Barbados's 0.2456 constant LCU per US$ of GDP is below the median for Latin America & Caribbean, which is 0.4062 constant LCU per US$ of GDP, 60% of the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.83 constant LCU per US$ of GDP | 3.22 constant LCU per US$ of GDP | 4.36 constant LCU per US$ of GDP | 5 |
| 1980s | 1.57 constant LCU per US$ of GDP | 1.18 constant LCU per US$ of GDP | 2.21 constant LCU per US$ of GDP | 10 |
| 1990s | 0.9203 constant LCU per US$ of GDP | 0.7402 constant LCU per US$ of GDP | 1.12 constant LCU per US$ of GDP | 10 |
| 2000s | 0.6136 constant LCU per US$ of GDP | 0.4722 constant LCU per US$ of GDP | 0.7135 constant LCU per US$ of GDP | 10 |
| 2010s | 0.3253 constant LCU per US$ of GDP | 0.2937 constant LCU per US$ of GDP | 0.3496 constant LCU per US$ of GDP | 10 |
| 2020s | 0.2731 constant LCU per US$ of GDP | 0.2456 constant LCU per US$ of GDP | 0.317 constant LCU per US$ of GDP | 5 |
Countries ranked near Barbados
- 140 Singapore 0.2563 constant LCU per US$ of GDP compare
- 141 Argentina 0.2513 constant LCU per US$ of GDP compare
- 142 San Marino 0.2499 constant LCU per US$ of GDP compare
- 144 New Zealand 0.2426 constant LCU per US$ of GDP compare
- 145 Belize 0.2424 constant LCU per US$ of GDP compare
- 146 Canada 0.2408 constant LCU 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)
- 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 lcu), per in Barbados?
- Industry (including construction), value added (constant lcu), per in Barbados was 0.2456 constant LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest industry (including construction), value added (constant lcu), per recorded in Barbados?
- The highest recorded value was 4.36 constant LCU per US$ of GDP in 1976.
- What is the lowest industry (including construction), value added (constant lcu), per recorded in Barbados?
- The lowest recorded value was 0.2456 constant LCU per US$ of GDP in 2024.
- How does Barbados rank for industry (including construction), value added (constant lcu), per?
- Barbados ranks 143rd out of 198 countries with data for 2024.
- Is industry (including construction), value added (constant lcu), per 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 LCU), per unit of GDP. 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 LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Industry (including construction), value added (constant LCU) ÷ GDP (current US$)
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 LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.