Manufacturing value added (current United States dollars) as a in Barbados
Barbados: Manufacturing value added (current United States dollars) as a was 5.0% in 2024. ▼ Falling
Latest (2024)
5.0%
Change on year
down 3.9%
World rank
174th
of 227 countries
All-time high
7.8%
in 2003
All-time low
4.8%
in 2021
Years of data
25
2000–2024
Manufacturing value added (current United States dollars) as a in Barbados, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
Barbados recorded 5.0% for manufacturing value added (current united states dollars) as a in 2024.
That represents a change of down 3.9% on the previous year and down 5.0% over ten years.
Over the whole period, manufacturing value added (current united states dollars) as a in Barbados peaked at 7.8% in 2003 and was at its lowest, 4.8%, in 2021.
That places Barbados 174th out of 227 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 25 years of available data.
Manufacturing value added (current United States dollars) as a in Barbados, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 7.5% | — |
| 2001 | 7.6% | +0.5% |
| 2002 | 7.3% | -3.3% |
| 2003 | 7.8% | +7.4% |
| 2004 | 7.5% | -3.9% |
| 2005 | 6.8% | -9.7% |
| 2006 | 7.7% | +13.2% |
| 2007 | 6.7% | -12.6% |
| 2008 | 7.0% | +3.4% |
| 2009 | 6.7% | -4.0% |
| 2010 | 5.5% | -17.8% |
| 2011 | 5.8% | +5.8% |
| 2012 | 5.4% | -7.6% |
| 2013 | 5.5% | +1.9% |
| 2014 | 5.2% | -4.9% |
| 2015 | 5.6% | +7.1% |
| 2016 | 5.6% | +0.2% |
| 2017 | 5.6% | -0.5% |
| 2018 | 5.3% | -4.9% |
| 2019 | 5.2% | -0.9% |
| 2020 | 5.1% | -2.7% |
| 2021 | 4.8% | -5.9% |
| 2022 | 5.2% | +7.3% |
| 2023 | 5.2% | +0.0% |
| 2024 | 5.0% | -3.9% |
Barbados compared with similar countries
- Barbados's 5.0% is below the median for high income countries, which is 10.0%, 50% of the median. (74 countries reporting)
- Barbados's 5.0% is below the median for Latin America & Caribbean, which is 8.9%, 56% of the median. (38 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 7.3% | 6.7% | 7.8% | 10 |
| 2010s | 5.5% | 5.2% | 5.8% | 10 |
| 2020s | 5.0% | 4.8% | 5.2% | 5 |
Countries ranked near Barbados
- 171 Azerbaijan 5.2% compare
- 172 Samoa 5.1% compare
- 173 Mauritania 5.0% compare
- 175 Panama 4.9% compare
- 176 Cabo Verde 4.9% compare
- 177 French Polynesia 4.8% 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 (current united states dollars) as a in Barbados?
- Manufacturing value added (current united states dollars) as a in Barbados was 5.0% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest manufacturing value added (current united states dollars) as a recorded in Barbados?
- The highest recorded value was 7.8% in 2003.
- What is the lowest manufacturing value added (current united states dollars) as a recorded in Barbados?
- The lowest recorded value was 4.8% in 2021.
- How does Barbados rank for manufacturing value added (current united states dollars) as a?
- Barbados ranks 174th out of 227 countries with data for 2024.
- Is manufacturing value added (current united states dollars) as a rising or falling in Barbados?
- Over the last ten years it is down 5.0%. The long-run trend across the full record is falling.
- Where does this Barbados data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Manufacturing value added (current United States dollars) as a proportion of GDP (%). Statizoid updates them automatically from the source API.
Download this data
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