Manufacturing, value added in Barbados
Barbados: Manufacturing, value added was 0.4% in 2024. ◆ Volatile
Manufacturing, value added in Barbados, 1976–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.
Analysis
In 2024, manufacturing, value added in Barbados stood at 0.4%.
Compared with earlier readings it is up 400.0% on the previous year and up 109.2% over ten years.
Over the whole period, manufacturing, value added in Barbados peaked at 18.2% in 2022 and was at its lowest, -19.4%, in 1998.
Barbados ranks 138th of 190 countries on this measure, in the middle of the range.
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 | 7.7% | 1.7% | 16.9% | 4 |
| 1980s | -0.1% | -9.5% | 6.7% | 10 |
| 1990s | -2.3% | -19.4% | 6.4% | 10 |
| 2000s | -2.1% | -16.0% | 8.4% | 10 |
| 2010s | -1.5% | -7.4% | 5.7% | 10 |
| 2020s | 1.1% | -14.4% | 18.2% | 5 |
Countries ranked near Barbados
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)
- Taxes less subsidies on products (current US$), annual growth rate 5.51 % change on previous year (2025)
- Taxes less subsidies on products (current US$), per unit of GDP 0.104 current US$ per US$ of GDP (2025)
- Taxes less subsidies on products (current US$), per capita 2,949 current US$ per person (2025)
- Taxes less subsidies on products (current LCU), annual growth rate 5.52 % change on previous year (2025)
- Taxes less subsidies on products (current LCU), per unit of GDP 0.2079 current LCU per US$ of GDP (2025)
- Taxes less subsidies on products (current LCU), per capita 5,898 current LCU per person (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.3651 (2025)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 2.74 (2025)
Frequently asked questions
- What is manufacturing, value added in Barbados?
- Manufacturing, value added in Barbados was 0.4% in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest manufacturing, value added recorded in Barbados?
- The highest recorded value was 18.2% in 2022.
- What is the lowest manufacturing, value added recorded in Barbados?
- The lowest recorded value was -19.4% in 1998.
- How does Barbados rank for manufacturing, value added?
- Barbados ranks 138th out of 190 countries with data for 2024.
- Is manufacturing, value added rising or falling in Barbados?
- Over the last ten years it is up 109.2%. 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 Manufacturing, value added (annual % growth). Statizoid updates them automatically from the source API.
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About this data
Manufacturing includes industries classified in ISIC (Rev. 3) major division C and is defined as the physical or chemical transformation of materials or components into new products. 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 denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.