Share of manufacturing in gross domestic product (GDP) in Barbados
Barbados: Share of manufacturing in gross domestic product (GDP) was 4.9% in 2024. ▼ Falling
Share of manufacturing in gross domestic product (GDP) in Barbados, 1975–2024
Source: National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Measured in % of GDP.
Analysis
Barbados recorded 4.9% for share of manufacturing in gross domestic product (gdp) in 2024.
The figure is down 3.9% on the previous year and down 5.0% over ten years.
Over the whole period, share of manufacturing in gross domestic product (gdp) in Barbados peaked at 10.4% in 1990 and was at its lowest, 4.8%, in 2021.
That places Barbados 157th out of 202 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 50 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 9.8% | 8.8% | 10.3% | 5 |
| 1980s | 8.0% | 5.8% | 9.7% | 10 |
| 1990s | 8.5% | 7.6% | 10.4% | 10 |
| 2000s | 7.5% | 6.9% | 8.1% | 10 |
| 2010s | 5.5% | 5.2% | 5.8% | 10 |
| 2020s | 5.0% | 4.8% | 5.2% | 5 |
Countries ranked near Barbados
More economy & growth data for Barbados
- Inflation of consumer prices 0.8% (2025)
- GDP per capita 23,014 constant 2015 US$ (2025)
- Gross domestic product (GDP) 6.50 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 23,014 constant 2015 US$ (2025)
- DEC alternative conversion factor 2 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 181.00 million current LCU (2025)
- Net secondary income (Net current transfers from abroad) 90.50 million current US$ (2025)
- Taxes less subsidies on products 1.67 billion current LCU (2025)
- Taxes less subsidies on products 833.40 million current US$ (2025)
- Net primary income (Net income from abroad) -653.60 million current LCU (2025)
Frequently asked questions
- What is share of manufacturing in gross domestic product (gdp) in Barbados?
- Share of manufacturing in gross domestic product (gdp) in Barbados was 4.9% in 2024, according to National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data.
- What is the highest share of manufacturing in gross domestic product (gdp) recorded in Barbados?
- The highest recorded value was 10.4% in 1990.
- What is the lowest share of manufacturing in gross domestic product (gdp) recorded in Barbados?
- The lowest recorded value was 4.8% in 2021.
- How does Barbados rank for share of manufacturing in gross domestic product (gdp)?
- Barbados ranks 157th out of 202 countries with data for 2024.
- Is share of manufacturing in gross domestic product (gdp) 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 National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data, published as part of Share of manufacturing in gross domestic product (GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 50 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Manufacturing comprises units engaged in the physical, or chemical transformation of materials, substances, or components into new products.