Manufacturing, value added (constant LCU), per unit of GDP in Barbados
Barbados: Manufacturing, value added (constant LCU), per unit of GDP was 0.0983 constant LCU per US$ of GDP in 2024. ◆ Volatile
Manufacturing, value added (constant LCU), per unit of GDP in Barbados, 1975–2024
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
In 2024, manufacturing, value added (constant lcu), per unit of gdp in Barbados stood at 0.0983 constant LCU per US$ of GDP. That is the lowest value across all 50 years on record.
Compared with earlier readings it is down 4.5% on the previous year and down 20.0% over ten years.
Over the whole period, manufacturing, value added (constant lcu), per unit of gdp in Barbados peaked at 2.87 constant LCU per US$ of GDP in 1976 and was at its lowest, 0.0983 constant LCU per US$ of GDP, in 2024.
Barbados ranks 140th 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.
Manufacturing, value added (constant LCU), per unit of GDP in Barbados, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 1975 | 2.66 constant LCU per US$ of GDP | — |
| 1976 | 2.87 constant LCU per US$ of GDP | +7.9% |
| 1977 | 2.6 constant LCU per US$ of GDP | -9.2% |
| 1978 | 2.54 constant LCU per US$ of GDP | -2.3% |
| 1979 | 2.13 constant LCU per US$ of GDP | -16.1% |
| 1980 | 1.44 constant LCU per US$ of GDP | -32.3% |
| 1981 | 1.27 constant LCU per US$ of GDP | -12.4% |
| 1982 | 1.15 constant LCU per US$ of GDP | -9.4% |
| 1983 | 1.11 constant LCU per US$ of GDP | -3.4% |
| 1984 | 1.04 constant LCU per US$ of GDP | -6.5% |
| 1985 | 0.895 constant LCU per US$ of GDP | -13.5% |
| 1986 | 0.8569 constant LCU per US$ of GDP | -4.3% |
| 1987 | 0.7266 constant LCU per US$ of GDP | -15.2% |
| 1988 | 0.7291 constant LCU per US$ of GDP | +0.3% |
| 1989 | 0.6942 constant LCU per US$ of GDP | -4.8% |
| 1990 | 0.6737 constant LCU per US$ of GDP | -2.9% |
| 1991 | 0.6396 constant LCU per US$ of GDP | -5.1% |
| 1992 | 0.6115 constant LCU per US$ of GDP | -4.4% |
| 1993 | 0.5867 constant LCU per US$ of GDP | -4.1% |
| 1994 | 0.5548 constant LCU per US$ of GDP | -5.4% |
| 1995 | 0.5663 constant LCU per US$ of GDP | +2.1% |
| 1996 | 0.565 constant LCU per US$ of GDP | -0.2% |
| 1997 | 0.5605 constant LCU per US$ of GDP | -0.8% |
| 1998 | 0.4007 constant LCU per US$ of GDP | -28.5% |
| 1999 | 0.3621 constant LCU per US$ of GDP | -9.6% |
| 2000 | 0.3408 constant LCU per US$ of GDP | -5.9% |
| 2001 | 0.308 constant LCU per US$ of GDP | -9.6% |
| 2002 | 0.3058 constant LCU per US$ of GDP | -0.7% |
| 2003 | 0.2912 constant LCU per US$ of GDP | -4.8% |
| 2004 | 0.2771 constant LCU per US$ of GDP | -4.8% |
| 2005 | 0.2552 constant LCU per US$ of GDP | -7.9% |
| 2006 | 0.2505 constant LCU per US$ of GDP | -1.8% |
| 2007 | 0.2168 constant LCU per US$ of GDP | -13.4% |
| 2008 | 0.211 constant LCU per US$ of GDP | -2.7% |
| 2009 | 0.19 constant LCU per US$ of GDP | -9.9% |
| 2010 | 0.1449 constant LCU per US$ of GDP | -23.8% |
| 2011 | 0.1405 constant LCU per US$ of GDP | -3.0% |
| 2012 | 0.1367 constant LCU per US$ of GDP | -2.7% |
| 2013 | 0.129 constant LCU per US$ of GDP | -5.7% |
| 2014 | 0.1229 constant LCU per US$ of GDP | -4.7% |
| 2015 | 0.1296 constant LCU per US$ of GDP | +5.5% |
| 2016 | 0.1304 constant LCU per US$ of GDP | +0.7% |
| 2017 | 0.1269 constant LCU per US$ of GDP | -2.8% |
| 2018 | 0.1178 constant LCU per US$ of GDP | -7.1% |
| 2019 | 0.1175 constant LCU per US$ of GDP | -0.3% |
| 2020 | 0.1148 constant LCU per US$ of GDP | -2.3% |
| 2021 | 0.106 constant LCU per US$ of GDP | -7.7% |
| 2022 | 0.1082 constant LCU per US$ of GDP | +2.1% |
| 2023 | 0.103 constant LCU per US$ of GDP | -4.8% |
| 2024 | 0.0983 constant LCU per US$ of GDP | -4.5% |
Barbados compared with similar countries
- Barbados's 0.0983 constant LCU per US$ of GDP is below the median for high income countries, which is 0.1012 constant LCU per US$ of GDP, 97% of the median. (67 countries reporting)
- Barbados's 0.0983 constant LCU per US$ of GDP is below the median for Latin America & Caribbean, which is 0.1599 constant LCU per US$ of GDP, 61% of the median. (37 countries reporting)
Biggest year-on-year movements
Years where Manufacturing, value added (constant LCU), per unit of GDP 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.
| Year | Change | From | To |
|---|---|---|---|
| 1980 | -32.3% | 2.13 constant LCU per US$ of GDP | 1.44 constant LCU per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.56 constant LCU per US$ of GDP | 2.13 constant LCU per US$ of GDP | 2.87 constant LCU per US$ of GDP | 5 |
| 1980s | 0.99 constant LCU per US$ of GDP | 0.6942 constant LCU per US$ of GDP | 1.44 constant LCU per US$ of GDP | 10 |
| 1990s | 0.5521 constant LCU per US$ of GDP | 0.3621 constant LCU per US$ of GDP | 0.6737 constant LCU per US$ of GDP | 10 |
| 2000s | 0.2646 constant LCU per US$ of GDP | 0.19 constant LCU per US$ of GDP | 0.3408 constant LCU per US$ of GDP | 10 |
| 2010s | 0.1296 constant LCU per US$ of GDP | 0.1175 constant LCU per US$ of GDP | 0.1449 constant LCU per US$ of GDP | 10 |
| 2020s | 0.1061 constant LCU per US$ of GDP | 0.0983 constant LCU per US$ of GDP | 0.1148 constant LCU per US$ of GDP | 5 |
Countries ranked near Barbados
- 137 Finland 0.1012 constant LCU per US$ of GDP compare
- 138 El Salvador 0.1004 constant LCU per US$ of GDP compare
- 139 Lithuania 0.0988 constant LCU per US$ of GDP compare
- 141 Tonga 0.0976 constant LCU per US$ of GDP compare
- 142 Canada 0.0914 constant LCU per US$ of GDP compare
- 143 Saint Vincent and the Grenadines 0.083 constant 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 18.57 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0024 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 65.74 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 303.06 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 34.75 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0399 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,073 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 2.97 % change on previous year (2024)
Frequently asked questions
- What is manufacturing, value added (constant lcu), per unit of gdp in Barbados?
- Manufacturing, value added (constant lcu), per unit of gdp in Barbados was 0.0983 constant LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest manufacturing, value added (constant lcu), per unit of gdp recorded in Barbados?
- The highest recorded value was 2.87 constant LCU per US$ of GDP in 1976.
- What is the lowest manufacturing, value added (constant lcu), per unit of gdp recorded in Barbados?
- The lowest recorded value was 0.0983 constant LCU per US$ of GDP in 2024.
- How does Barbados rank for manufacturing, value added (constant lcu), per unit of gdp?
- Barbados ranks 140th out of 190 countries with data for 2024.
- Is manufacturing, value added (constant lcu), 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 LCU), 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
Manufacturing, value added (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Manufacturing, value added (constant LCU) ÷ GDP (current US$)
Computed from
- Manufacturing, 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
Manufacturing, value added (constant 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.