Manufacturing, value added (constant 2015 US$), per unit of GDP (unit) in Barbados

Barbados: Manufacturing, value added (constant 2015 US$), per unit of GDP (unit) was 0.0424 constant 2015 US$ per US$ of GDP in 2024. ◆ Volatile

Latest (2024)
0.0424 constant 2015 US$ per US$ of GDP
Change on year
down 4.5%
World rank
143rd
of 185 countries
All-time high
1.23 constant 2015 US$ per US$ of GDP
in 1976
All-time low
0.0424 constant 2015 US$ per US$ of GDP
in 2024
Years of data
50
1975–2024

Manufacturing, value added (constant 2015 US$), per unit of GDP in Barbados, 1975–2024

00.250.50.7511.2197519992024

Source: Statizoid (derived). Measured in constant 2015 US$ per US$ of GDP.

Analysis

Barbados recorded 0.0424 constant 2015 US$ per US$ of GDP for manufacturing, value added (constant 2015 us$), per unit of gdp in 2024. That is the lowest value across all 50 years on record.

That represents a change of down 4.5% on the previous year and down 20.0% over ten years.

Over the whole period, manufacturing, value added (constant 2015 us$), per unit of gdp in Barbados peaked at 1.23 constant 2015 US$ per US$ of GDP in 1976 and was at its lowest, 0.0424 constant 2015 US$ per US$ of GDP, in 2024.

Barbados ranks 143rd of 185 countries on this measure, in the bottom quarter.

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

Manufacturing, value added (constant 2015 US$), per unit of GDP (unit) in Barbados, year by year

Annual values for Manufacturing, value added (constant 2015 US$), per unit of GDP in Barbados, 1975 to 2024.
Year constant 2015 US$ per US$ of GDP Change
1975 1.14 constant 2015 US$ per US$ of GDP —
1976 1.23 constant 2015 US$ per US$ of GDP +7.9%
1977 1.12 constant 2015 US$ per US$ of GDP -9.2%
1978 1.1 constant 2015 US$ per US$ of GDP -2.3%
1979 0.9195 constant 2015 US$ per US$ of GDP -16.1%
1980 0.6223 constant 2015 US$ per US$ of GDP -32.3%
1981 0.545 constant 2015 US$ per US$ of GDP -12.4%
1982 0.4937 constant 2015 US$ per US$ of GDP -9.4%
1983 0.4768 constant 2015 US$ per US$ of GDP -3.4%
1984 0.4459 constant 2015 US$ per US$ of GDP -6.5%
1985 0.3855 constant 2015 US$ per US$ of GDP -13.5%
1986 0.3691 constant 2015 US$ per US$ of GDP -4.3%
1987 0.313 constant 2015 US$ per US$ of GDP -15.2%
1988 0.3141 constant 2015 US$ per US$ of GDP +0.3%
1989 0.299 constant 2015 US$ per US$ of GDP -4.8%
1990 0.2902 constant 2015 US$ per US$ of GDP -2.9%
1991 0.2755 constant 2015 US$ per US$ of GDP -5.1%
1992 0.2634 constant 2015 US$ per US$ of GDP -4.4%
1993 0.2528 constant 2015 US$ per US$ of GDP -4.1%
1994 0.239 constant 2015 US$ per US$ of GDP -5.4%
1995 0.2439 constant 2015 US$ per US$ of GDP +2.1%
1996 0.2434 constant 2015 US$ per US$ of GDP -0.2%
1997 0.2414 constant 2015 US$ per US$ of GDP -0.8%
1998 0.1726 constant 2015 US$ per US$ of GDP -28.5%
1999 0.156 constant 2015 US$ per US$ of GDP -9.6%
2000 0.1468 constant 2015 US$ per US$ of GDP -5.9%
2001 0.1327 constant 2015 US$ per US$ of GDP -9.6%
2002 0.1317 constant 2015 US$ per US$ of GDP -0.7%
2003 0.1254 constant 2015 US$ per US$ of GDP -4.8%
2004 0.1194 constant 2015 US$ per US$ of GDP -4.8%
2005 0.1099 constant 2015 US$ per US$ of GDP -7.9%
2006 0.1079 constant 2015 US$ per US$ of GDP -1.8%
2007 0.0934 constant 2015 US$ per US$ of GDP -13.4%
2008 0.0909 constant 2015 US$ per US$ of GDP -2.7%
2009 0.0819 constant 2015 US$ per US$ of GDP -9.9%
2010 0.0624 constant 2015 US$ per US$ of GDP -23.8%
2011 0.0605 constant 2015 US$ per US$ of GDP -3.0%
2012 0.0589 constant 2015 US$ per US$ of GDP -2.7%
2013 0.0556 constant 2015 US$ per US$ of GDP -5.7%
2014 0.0529 constant 2015 US$ per US$ of GDP -4.7%
2015 0.0558 constant 2015 US$ per US$ of GDP +5.5%
2016 0.0562 constant 2015 US$ per US$ of GDP +0.7%
2017 0.0546 constant 2015 US$ per US$ of GDP -2.8%
2018 0.0508 constant 2015 US$ per US$ of GDP -7.1%
2019 0.0506 constant 2015 US$ per US$ of GDP -0.3%
2020 0.0495 constant 2015 US$ per US$ of GDP -2.3%
2021 0.0456 constant 2015 US$ per US$ of GDP -7.7%
2022 0.0466 constant 2015 US$ per US$ of GDP +2.1%
2023 0.0444 constant 2015 US$ per US$ of GDP -4.8%
2024 0.0424 constant 2015 US$ per US$ of GDP -4.5%

Barbados compared with similar countries

  • Barbados's 0.0424 constant 2015 US$ per US$ of GDP is below the median for high income countries, which is 0.0802 constant 2015 US$ per US$ of GDP, 53% of the median. (67 countries reporting)
  • Barbados's 0.0424 constant 2015 US$ per US$ of GDP is below the median for Latin America & Caribbean, which is 0.078 constant 2015 US$ per US$ of GDP, 54% of the median. (36 countries reporting)

Biggest year-on-year movements

Years where Manufacturing, value added (constant 2015 US$), per unit of GDP (unit) in Barbados changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1980 -32.3% 0.9195 constant 2015 US$ per US$ of GDP 0.6223 constant 2015 US$ per US$ of GDP

Averages by decade

DecadeAverage LowestHighest Years
1970s 1.1 constant 2015 US$ per US$ of GDP 0.9195 constant 2015 US$ per US$ of GDP 1.23 constant 2015 US$ per US$ of GDP 5
1980s 0.4264 constant 2015 US$ per US$ of GDP 0.299 constant 2015 US$ per US$ of GDP 0.6223 constant 2015 US$ per US$ of GDP 10
1990s 0.2378 constant 2015 US$ per US$ of GDP 0.156 constant 2015 US$ per US$ of GDP 0.2902 constant 2015 US$ per US$ of GDP 10
2000s 0.114 constant 2015 US$ per US$ of GDP 0.0819 constant 2015 US$ per US$ of GDP 0.1468 constant 2015 US$ per US$ of GDP 10
2010s 0.0558 constant 2015 US$ per US$ of GDP 0.0506 constant 2015 US$ per US$ of GDP 0.0624 constant 2015 US$ per US$ of GDP 10
2020s 0.0457 constant 2015 US$ per US$ of GDP 0.0424 constant 2015 US$ per US$ of GDP 0.0495 constant 2015 US$ per US$ of GDP 5

Countries ranked near Barbados

  1. 140 Bhutan 0.045 constant 2015 US$ per US$ of GDP compare
  2. 141 Seychelles 0.0442 constant 2015 US$ per US$ of GDP compare
  3. 142 Iraq 0.0439 constant 2015 US$ per US$ of GDP compare
  4. 144 Mauritania 0.0414 constant 2015 US$ per US$ of GDP compare
  5. 145 Panama 0.0403 constant 2015 US$ per US$ of GDP compare
  6. 146 Cape Verde 0.0402 constant 2015 US$ per US$ of GDP compare

See the full ranking of 220 places →

More economy & growth data for Barbados

All data for Barbados →

Frequently asked questions

What is manufacturing, value added (constant 2015 us$), per unit of gdp in Barbados?
Manufacturing, value added (constant 2015 us$), per unit of gdp in Barbados was 0.0424 constant 2015 US$ per US$ of GDP in 2024, according to Statizoid (derived).
What is the highest manufacturing, value added (constant 2015 us$), per unit of gdp recorded in Barbados?
The highest recorded value was 1.23 constant 2015 US$ per US$ of GDP in 1976.
What is the lowest manufacturing, value added (constant 2015 us$), per unit of gdp recorded in Barbados?
The lowest recorded value was 0.0424 constant 2015 US$ per US$ of GDP in 2024.
How does Barbados rank for manufacturing, value added (constant 2015 us$), per unit of gdp?
Barbados ranks 143rd out of 185 countries with data for 2024.
Is manufacturing, value added (constant 2015 us$), per unit of gdp rising or falling in Barbados?
Over the last ten years it is down 20.0%. 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 Manufacturing, value added (constant 2015 US$), per unit of GDP. Statizoid updates them automatically from the source API.

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Manufacturing, value added (constant 2015 US$), per unit of GDP in Barbados. Statizoid, drawing on Statizoid (derived). Retrieved 24 October 2026, from https://economy.statizoid.com/stat/manufacturing-value-added-constant-2015-us-per-unit-of-gdp/barbados/

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How this figure is calculated

Manufacturing, value added (constant 2015 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.

Manufacturing, value added (constant 2015 US$) ÷ GDP (current US$)

Computed from

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

Indicator
Manufacturing, value added (constant 2015 US$), per unit of GDP
Unit
constant 2015 US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
220 places, 8,945 data points, 1960–2025
Last refreshed

Manufacturing, value added (constant 2015 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.