Industry (including construction), value added (current US$), per in Barbados
Barbados: Industry (including construction), value added (current US$), per was 0.1221 current US$ per US$ of GDP in 2024. ▼ Falling
Industry (including construction), value added (current US$), per in Barbados, 1975–2024
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
The most recent figure for industry (including construction), value added (current us$), per in Barbados is 0.1221 current US$ per US$ of GDP, measured 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 us$), per in Barbados peaked at 0.1889 current US$ per US$ of GDP in 1978 and was at its lowest, 0.1221 current US$ per US$ of GDP, in 2024.
Barbados ranks 176th of 207 countries on this measure, 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 US$), per in Barbados, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1975 | 0.1601 current US$ per US$ of GDP | — |
| 1976 | 0.1761 current US$ per US$ of GDP | +10.0% |
| 1977 | 0.1824 current US$ per US$ of GDP | +3.5% |
| 1978 | 0.1889 current US$ per US$ of GDP | +3.6% |
| 1979 | 0.1869 current US$ per US$ of GDP | -1.1% |
| 1980 | 0.1701 current US$ per US$ of GDP | -9.0% |
| 1981 | 0.1695 current US$ per US$ of GDP | -0.4% |
| 1982 | 0.166 current US$ per US$ of GDP | -2.1% |
| 1983 | 0.1772 current US$ per US$ of GDP | +6.7% |
| 1984 | 0.1821 current US$ per US$ of GDP | +2.8% |
| 1985 | 0.1589 current US$ per US$ of GDP | -12.7% |
| 1986 | 0.1445 current US$ per US$ of GDP | -9.1% |
| 1987 | 0.1362 current US$ per US$ of GDP | -5.7% |
| 1988 | 0.1405 current US$ per US$ of GDP | +3.2% |
| 1989 | 0.1336 current US$ per US$ of GDP | -4.9% |
| 1990 | 0.1871 current US$ per US$ of GDP | +40.0% |
| 1991 | 0.1739 current US$ per US$ of GDP | -7.0% |
| 1992 | 0.1525 current US$ per US$ of GDP | -12.3% |
| 1993 | 0.1461 current US$ per US$ of GDP | -4.2% |
| 1994 | 0.1436 current US$ per US$ of GDP | -1.7% |
| 1995 | 0.1495 current US$ per US$ of GDP | +4.1% |
| 1996 | 0.1492 current US$ per US$ of GDP | -0.2% |
| 1997 | 0.1604 current US$ per US$ of GDP | +7.5% |
| 1998 | 0.1561 current US$ per US$ of GDP | -2.7% |
| 1999 | 0.1529 current US$ per US$ of GDP | -2.0% |
| 2000 | 0.1531 current US$ per US$ of GDP | +0.1% |
| 2001 | 0.1469 current US$ per US$ of GDP | -4.0% |
| 2002 | 0.1442 current US$ per US$ of GDP | -1.8% |
| 2003 | 0.157 current US$ per US$ of GDP | +8.9% |
| 2004 | 0.1509 current US$ per US$ of GDP | -3.9% |
| 2005 | 0.1495 current US$ per US$ of GDP | -0.9% |
| 2006 | 0.1622 current US$ per US$ of GDP | +8.5% |
| 2007 | 0.1472 current US$ per US$ of GDP | -9.2% |
| 2008 | 0.1512 current US$ per US$ of GDP | +2.7% |
| 2009 | 0.1541 current US$ per US$ of GDP | +1.9% |
| 2010 | 0.1388 current US$ per US$ of GDP | -9.9% |
| 2011 | 0.1442 current US$ per US$ of GDP | +4.0% |
| 2012 | 0.1413 current US$ per US$ of GDP | -2.1% |
| 2013 | 0.138 current US$ per US$ of GDP | -2.3% |
| 2014 | 0.1355 current US$ per US$ of GDP | -1.8% |
| 2015 | 0.1361 current US$ per US$ of GDP | +0.4% |
| 2016 | 0.1331 current US$ per US$ of GDP | -2.2% |
| 2017 | 0.1324 current US$ per US$ of GDP | -0.5% |
| 2018 | 0.1279 current US$ per US$ of GDP | -3.4% |
| 2019 | 0.1254 current US$ per US$ of GDP | -1.9% |
| 2020 | 0.1316 current US$ per US$ of GDP | +4.9% |
| 2021 | 0.1259 current US$ per US$ of GDP | -4.3% |
| 2022 | 0.1281 current US$ per US$ of GDP | +1.7% |
| 2023 | 0.1229 current US$ per US$ of GDP | -4.1% |
| 2024 | 0.1221 current US$ per US$ of GDP | -0.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.1789 current US$ per US$ of GDP | 0.1601 current US$ per US$ of GDP | 0.1889 current US$ per US$ of GDP | 5 |
| 1980s | 0.1578 current US$ per US$ of GDP | 0.1336 current US$ per US$ of GDP | 0.1821 current US$ per US$ of GDP | 10 |
| 1990s | 0.1571 current US$ per US$ of GDP | 0.1436 current US$ per US$ of GDP | 0.1871 current US$ per US$ of GDP | 10 |
| 2000s | 0.1516 current US$ per US$ of GDP | 0.1442 current US$ per US$ of GDP | 0.1622 current US$ per US$ of GDP | 10 |
| 2010s | 0.1353 current US$ per US$ of GDP | 0.1254 current US$ per US$ of GDP | 0.1442 current US$ per US$ of GDP | 10 |
| 2020s | 0.1261 current US$ per US$ of GDP | 0.1221 current US$ per US$ of GDP | 0.1316 current US$ per US$ of GDP | 5 |
Countries ranked near Barbados
- 173 Palau 0.1302 current US$ per US$ of GDP compare
- 174 Monaco 0.128 current US$ per US$ of GDP compare
- 175 Andorra 0.1279 current US$ per US$ of GDP compare
- 177 Curacao 0.1219 current US$ per US$ of GDP compare
- 178 Nepal 0.1205 current US$ per US$ of GDP compare
- 179 Syria 0.1194 current 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)
- 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 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 0.2441 current LCU per US$ of GDP (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 us$), per in Barbados?
- Industry (including construction), value added (current us$), per in Barbados was 0.1221 current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest industry (including construction), value added (current us$), per recorded in Barbados?
- The highest recorded value was 0.1889 current US$ per US$ of GDP in 1978.
- What is the lowest industry (including construction), value added (current us$), per recorded in Barbados?
- The lowest recorded value was 0.1221 current US$ per US$ of GDP in 2024.
- How does Barbados rank for industry (including construction), value added (current us$), per?
- Barbados ranks 176th out of 207 countries with data for 2024.
- Is industry (including construction), value added (current us$), 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 US$), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 50 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Industry (including construction), value added (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Industry (including construction), value added (current US$) ÷ GDP (current US$)
Computed from
- Industry (including construction), value added Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Industry (including construction), value added (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.