Industry (including construction), value added (current LCU), per in Barbados
Barbados: Industry (including construction), value added (current LCU), per was 0.2441 current LCU per US$ of GDP in 2024. ▼ Falling
Industry (including construction), value added (current LCU), per in Barbados, 1975–2024
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
Barbados recorded 0.2441 current LCU per US$ of GDP for industry (including construction), value added (current lcu), per in 2024. That is the lowest value across all 50 years on record.
That represents a change of down 0.7% on the previous year and down 9.9% over ten years.
Over the whole period, industry (including construction), value added (current lcu), per in Barbados peaked at 0.38 current LCU per US$ of GDP in 1978 and was at its lowest, 0.2441 current LCU per US$ of GDP, in 2024.
That places Barbados 161st out of 207 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 50 years of available data.
Industry (including construction), value added (current LCU), per in Barbados, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1975 | 0.3235 current LCU per US$ of GDP | — |
| 1976 | 0.3529 current LCU per US$ of GDP | +9.1% |
| 1977 | 0.3659 current LCU per US$ of GDP | +3.7% |
| 1978 | 0.38 current LCU per US$ of GDP | +3.8% |
| 1979 | 0.3759 current LCU per US$ of GDP | -1.1% |
| 1980 | 0.3421 current LCU per US$ of GDP | -9.0% |
| 1981 | 0.3408 current LCU per US$ of GDP | -0.4% |
| 1982 | 0.3338 current LCU per US$ of GDP | -2.1% |
| 1983 | 0.3563 current LCU per US$ of GDP | +6.7% |
| 1984 | 0.3662 current LCU per US$ of GDP | +2.8% |
| 1985 | 0.3195 current LCU per US$ of GDP | -12.7% |
| 1986 | 0.2906 current LCU per US$ of GDP | -9.1% |
| 1987 | 0.274 current LCU per US$ of GDP | -5.7% |
| 1988 | 0.2827 current LCU per US$ of GDP | +3.2% |
| 1989 | 0.2687 current LCU per US$ of GDP | -4.9% |
| 1990 | 0.3762 current LCU per US$ of GDP | +40.0% |
| 1991 | 0.3498 current LCU per US$ of GDP | -7.0% |
| 1992 | 0.305 current LCU per US$ of GDP | -12.8% |
| 1993 | 0.2939 current LCU per US$ of GDP | -3.6% |
| 1994 | 0.2888 current LCU per US$ of GDP | -1.7% |
| 1995 | 0.3006 current LCU per US$ of GDP | +4.1% |
| 1996 | 0.3 current LCU per US$ of GDP | -0.2% |
| 1997 | 0.3226 current LCU per US$ of GDP | +7.5% |
| 1998 | 0.314 current LCU per US$ of GDP | -2.7% |
| 1999 | 0.3076 current LCU per US$ of GDP | -2.0% |
| 2000 | 0.3061 current LCU per US$ of GDP | -0.5% |
| 2001 | 0.2938 current LCU per US$ of GDP | -4.0% |
| 2002 | 0.2884 current LCU per US$ of GDP | -1.8% |
| 2003 | 0.3141 current LCU per US$ of GDP | +8.9% |
| 2004 | 0.3018 current LCU per US$ of GDP | -3.9% |
| 2005 | 0.2989 current LCU per US$ of GDP | -0.9% |
| 2006 | 0.3245 current LCU per US$ of GDP | +8.5% |
| 2007 | 0.2945 current LCU per US$ of GDP | -9.2% |
| 2008 | 0.3025 current LCU per US$ of GDP | +2.7% |
| 2009 | 0.3082 current LCU per US$ of GDP | +1.9% |
| 2010 | 0.2775 current LCU per US$ of GDP | -9.9% |
| 2011 | 0.2885 current LCU per US$ of GDP | +4.0% |
| 2012 | 0.2825 current LCU per US$ of GDP | -2.1% |
| 2013 | 0.2761 current LCU per US$ of GDP | -2.3% |
| 2014 | 0.271 current LCU per US$ of GDP | -1.8% |
| 2015 | 0.2721 current LCU per US$ of GDP | +0.4% |
| 2016 | 0.2662 current LCU per US$ of GDP | -2.2% |
| 2017 | 0.2647 current LCU per US$ of GDP | -0.5% |
| 2018 | 0.2557 current LCU per US$ of GDP | -3.4% |
| 2019 | 0.2509 current LCU per US$ of GDP | -1.9% |
| 2020 | 0.2631 current LCU per US$ of GDP | +4.9% |
| 2021 | 0.2519 current LCU per US$ of GDP | -4.3% |
| 2022 | 0.2562 current LCU per US$ of GDP | +1.7% |
| 2023 | 0.2457 current LCU per US$ of GDP | -4.1% |
| 2024 | 0.2441 current LCU per US$ of GDP | -0.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.3597 current LCU per US$ of GDP | 0.3235 current LCU per US$ of GDP | 0.38 current LCU per US$ of GDP | 5 |
| 1980s | 0.3175 current LCU per US$ of GDP | 0.2687 current LCU per US$ of GDP | 0.3662 current LCU per US$ of GDP | 10 |
| 1990s | 0.3159 current LCU per US$ of GDP | 0.2888 current LCU per US$ of GDP | 0.3762 current LCU per US$ of GDP | 10 |
| 2000s | 0.3033 current LCU per US$ of GDP | 0.2884 current LCU per US$ of GDP | 0.3245 current LCU per US$ of GDP | 10 |
| 2010s | 0.2705 current LCU per US$ of GDP | 0.2509 current LCU per US$ of GDP | 0.2885 current LCU per US$ of GDP | 10 |
| 2020s | 0.2522 current LCU per US$ of GDP | 0.2441 current LCU per US$ of GDP | 0.2631 current LCU per US$ of GDP | 5 |
Countries ranked near Barbados
- 158 Slovakia 0.2487 current LCU per US$ of GDP compare
- 159 Liberia 0.2453 current LCU per US$ of GDP compare
- 160 El Salvador 0.2448 current LCU per US$ of GDP compare
- 162 Cuba 0.2302 current LCU per US$ of GDP compare
- 163 Germany 0.2226 current LCU per US$ of GDP compare
- 164 Kosovo 0.221 current 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)
- Manufacturing, value added (constant LCU), per capita 2,645 constant LCU per person (2024)
- Industry (including construction), value added (current US$), annual 4.5 % change on previous year (2024)
- Industry (including construction), value added (current US$), per 0.1221 current US$ per US$ of GDP (2024)
- Industry (including construction), value added (current US$), per 3,283 current US$ per person (2024)
- Industry (including construction), value added (current LCU), annual 4.5 % change on previous year (2024)
- Industry (including construction), value added (current LCU), per 6,567 current LCU per person (2024)
- 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)
Frequently asked questions
- What is industry (including construction), value added (current lcu), per in Barbados?
- Industry (including construction), value added (current lcu), per in Barbados was 0.2441 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest industry (including construction), value added (current lcu), per recorded in Barbados?
- The highest recorded value was 0.38 current LCU per US$ of GDP in 1978.
- What is the lowest industry (including construction), value added (current lcu), per recorded in Barbados?
- The lowest recorded value was 0.2441 current LCU per US$ of GDP in 2024.
- How does Barbados rank for industry (including construction), value added (current lcu), per?
- Barbados ranks 161st out of 207 countries with data for 2024.
- Is industry (including construction), value added (current lcu), per rising or falling in Barbados?
- Over the last ten years it is down 9.9%. 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 (current LCU), 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 (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Industry (including construction), value added (current LCU) ÷ GDP (current US$)
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 (current 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.