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.
Share of manufacturing in gross domestic product (GDP) in Barbados, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1975 | 8.8% | — |
| 1976 | 9.7% | +9.7% |
| 1977 | 10.3% | +6.4% |
| 1978 | 10.1% | -2.1% |
| 1979 | 10.1% | +0.0% |
| 1980 | 9.0% | -10.8% |
| 1981 | 8.5% | -6.1% |
| 1982 | 8.8% | +3.8% |
| 1983 | 9.6% | +9.3% |
| 1984 | 9.7% | +1.5% |
| 1985 | 8.2% | -16.1% |
| 1986 | 7.4% | -10.0% |
| 1987 | 6.5% | -11.4% |
| 1988 | 6.6% | +1.0% |
| 1989 | 5.8% | -12.2% |
| 1990 | 10.4% | +80.1% |
| 1991 | 9.8% | -6.0% |
| 1992 | 8.8% | -10.0% |
| 1993 | 8.4% | -5.0% |
| 1994 | 7.9% | -5.9% |
| 1995 | 8.0% | +1.4% |
| 1996 | 7.9% | -1.2% |
| 1997 | 8.0% | +0.9% |
| 1998 | 7.9% | -0.9% |
| 1999 | 7.6% | -3.4% |
| 2000 | 7.7% | +1.5% |
| 2001 | 7.8% | +0.6% |
| 2002 | 7.5% | -3.3% |
| 2003 | 8.1% | +7.4% |
| 2004 | 7.8% | -4.0% |
| 2005 | 7.0% | -9.7% |
| 2006 | 7.7% | +9.9% |
| 2007 | 6.9% | -10.7% |
| 2008 | 7.2% | +4.0% |
| 2009 | 7.0% | -2.0% |
| 2010 | 5.5% | -21.6% |
| 2011 | 5.8% | +5.8% |
| 2012 | 5.4% | -7.5% |
| 2013 | 5.5% | +1.9% |
| 2014 | 5.2% | -4.9% |
| 2015 | 5.6% | +7.1% |
| 2016 | 5.6% | +0.1% |
| 2017 | 5.6% | -0.6% |
| 2018 | 5.3% | -4.7% |
| 2019 | 5.2% | -1.0% |
| 2020 | 5.1% | -2.8% |
| 2021 | 4.8% | -5.8% |
| 2022 | 5.2% | +7.2% |
| 2023 | 5.2% | -0.0% |
| 2024 | 4.9% | -3.9% |
Barbados compared with similar countries
- Barbados's 4.9% is below the median for high income countries, which is 9.5%, 52% of the median. (75 countries reporting)
- Barbados's 4.9% is below the median for Latin America & Caribbean, which is 9.9%, 50% of the median. (39 countries reporting)
Biggest year-on-year movements
Years where Share of manufacturing in gross domestic product (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 |
|---|---|---|---|
| 1990 | +80.1% | 5.8% | 10.4% |
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
- 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)
- SDRs holdings, US dollar, annual growth rate -64.37 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.002 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 55.55 units per person (2025)
- SDRs holdings, SDR, annual growth rate -66.07 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0014 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 40.56 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -18.55 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0583 units per US$ of GDP (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.