What is the highest industry (including construction), value added recorded in Barbados?

The highest recorded value was 1.85 billion current LCU in 2024.

What is the lowest industry (including construction), value added recorded in Barbados?

The lowest recorded value was 130.10 million current LCU in 1975.

How does Barbados rank for industry (including construction), value added?

Barbados ranks 177th out of 208 countries with data for 2024.

Is industry (including construction), value added rising or falling in Barbados?

Over the last ten years it is up 20.4%. The long-run trend across the full record is volatile.

Where does this Barbados data come from?

The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Industry (including construction), value added (current LCU). Statizoid updates them automatically from the source API.

Industry (including construction), value added in Barbados

Name: Industry (including construction), value added in Barbados
Creator: Country official statistics, National Statistical Offices (NSOs)
License: CC BY 4.0 (World Bank Open Data)

Barbados: Industry (including construction), value added was 1.85 billion current LCU in 2024. ◆ Volatile

Latest (2024)

1.85 billion current LCU

Change on year

up 4.5%

World rank

177th

of 208 countries

All-time high

1.85 billion current LCU

in 2024

All-time low

130.10 million current LCU

in 1975

Years of data

1975–2024

Industry (including construction), value added in Barbados, 1975–2024

Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.

Analysis

The most recent figure for industry (including construction), value added in Barbados is 1.85 billion current LCU, measured in 2024. That is the highest value across all 50 years on record.

The figure is up 4.5% on the previous year and up 20.4% over ten years.

Over the whole period, industry (including construction), value added in Barbados peaked at 1.85 billion current LCU in 2024 and was at its lowest, 130.10 million current LCU, in 1975.

That places Barbados 177th out of 208 countries with data for 2024, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

Decade	Average	Lowest	Highest	Years
1970s	185.45 million current LCU	130.10 million current LCU	252.00 million current LCU	5
1980s	446.68 million current LCU	346.30 million current LCU	539.10 million current LCU	10
1990s	726.27 million current LCU	596.90 million current LCU	908.00 million current LCU	10
2000s	1.15 billion current LCU	895.90 million current LCU	1.45 billion current LCU	10
2010s	1.55 billion current LCU	1.51 billion current LCU	1.60 billion current LCU	10
2020s	1.66 billion current LCU	1.42 billion current LCU	1.85 billion current LCU	5

Countries ranked near Barbados

174 Palestine 2.60 billion current LCU compare
176 Fiji 1.98 billion current LCU compare
178 Bahamas 1.52 billion current LCU compare
179 Monaco 1.32 billion current LCU compare
180 Liberia 1.29 billion current LCU compare

See the full ranking of 208 places →

More economy & growth data for Barbados

Inflation of consumer prices 0.8% (2025)
GDP per capita 23,014 constant 2015 US$ (2025)
Share of manufacturing in gross domestic product (GDP) 4.9% (2024)
Gross domestic product (GDP) 6.50 billion constant 2015 US$ (2025)
GDP per capita in international and market dollars 23,014 constant 2015 US$ (2025)
DEC alternative conversion factor 2 LCU per US$ (2025)
Net secondary income (Net current transfers from abroad) 181.00 million current LCU (2025)
Net secondary income (Net current transfers from abroad) 90.50 million current US$ (2025)
Taxes less subsidies on products 1.67 billion current LCU (2025)
Taxes less subsidies on products 833.40 million current US$ (2025)

All data for Barbados →

Frequently asked questions

What is industry (including construction), value added in Barbados?: Industry (including construction), value added in Barbados was 1.85 billion current LCU in 2024, according to Country official statistics, National Statistical Offices (NSOs).
What is the highest industry (including construction), value added recorded in Barbados?: The highest recorded value was 1.85 billion current LCU in 2024.
What is the lowest industry (including construction), value added recorded in Barbados?: The lowest recorded value was 130.10 million current LCU in 1975.
How does Barbados rank for industry (including construction), value added?: Barbados ranks 177th out of 208 countries with data for 2024.
Is industry (including construction), value added rising or falling in Barbados?: Over the last ten years it is up 20.4%. The long-run trend across the full record is volatile.
Where does this Barbados data come from?: The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Industry (including construction), value added (current LCU). Statizoid updates them automatically from the source API.

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About this data

Indicator: Industry (including construction), value added (current LCU)
Unit: current LCU
Source: Country official statistics, National Statistical Offices (NSOs)
Licence: CC BY 4.0 (World Bank Open Data)
Coverage: 208 places, 9,055 data points, 1960–2025
Last refreshed: 06 August 2026

Industry (including construction) corresponds to ISIC (Rev.4) divisions 05-43. It is comprised of mining, manufacturing, construction, electricity, water, and gas industries. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.