Ppp conversion factor for private consumption in Barbados
Barbados: Ppp conversion factor for private consumption was 2.64 in 2021. ▲ Rising
Latest (2021)
2.64
Change on year
down 1.5%
World rank
119th
of 204 countries
All-time high
2.68
in 2020
All-time low
1.85
in 2004
Years of data
32
1990–2021
Ppp conversion factor for private consumption in Barbados, 1990–2021
Source: Our World in Data.
Analysis
The most recent figure for ppp conversion factor for private consumption in Barbados is 2.64, measured in 2021.
Compared with earlier readings it is down 1.5% on the previous year and up 10.2% over ten years.
Over the whole period, ppp conversion factor for private consumption in Barbados peaked at 2.68 in 2020 and was at its lowest, 1.85, in 2004.
Barbados ranks 119th of 204 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 32 years of available data.
Ppp conversion factor for private consumption in Barbados, year by year
| Year | Value | Change |
|---|---|---|
| 1990 | 1.92 | — |
| 1991 | 1.96 | +1.9% |
| 1992 | 2.02 | +3.0% |
| 1993 | 1.98 | -1.8% |
| 1994 | 1.94 | -2.5% |
| 1995 | 1.92 | -0.9% |
| 1996 | 1.91 | -0.5% |
| 1997 | 2.01 | +5.3% |
| 1998 | 1.95 | -2.8% |
| 1999 | 1.94 | -0.6% |
| 2000 | 1.92 | -0.9% |
| 2001 | 1.92 | -0.2% |
| 2002 | 1.89 | -1.4% |
| 2003 | 1.88 | -0.6% |
| 2004 | 1.85 | -1.2% |
| 2005 | 1.9 | +2.6% |
| 2006 | 1.98 | +4.0% |
| 2007 | 2 | +1.1% |
| 2008 | 2.08 | +4.1% |
| 2009 | 2.17 | +4.0% |
| 2010 | 2.26 | +4.1% |
| 2011 | 2.39 | +6.1% |
| 2012 | 2.39 | -0.2% |
| 2013 | 2.47 | +3.4% |
| 2014 | 2.51 | +1.6% |
| 2015 | 2.43 | -3.0% |
| 2016 | 2.4 | -1.4% |
| 2017 | 2.49 | +3.9% |
| 2018 | 2.53 | +1.5% |
| 2019 | 2.62 | +3.6% |
| 2020 | 2.68 | +2.2% |
| 2021 | 2.64 | -1.5% |
Barbados compared with similar countries
- Barbados's 2.64 is above the median for high income countries, which is 1.11, 2.4× the median. (77 countries reporting)
- Barbados's 2.64 is above the median for Latin America & Caribbean, which is 2.39, 1.1× the median. (38 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.96 | 1.91 | 2.02 | 10 |
| 2000s | 1.96 | 1.85 | 2.17 | 10 |
| 2010s | 2.45 | 2.26 | 2.62 | 10 |
| 2020s | 2.66 | 2.64 | 2.68 | 2 |
Countries ranked near Barbados
- 116 Papua New Guinea 2.76 compare
- 117 Qatar 2.76 compare
- 118 Bolivia 2.7 compare
- 120 Brazil 2.58 compare
- 121 United Arab Emirates 2.53 compare
- 122 Antigua and Barbuda 2.19 compare
More economy & growth data for Barbados
- Real gdp growth, annual growth rate 85.61 % change on previous year (2024)
- 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)
Frequently asked questions
- What is ppp conversion factor for private consumption in Barbados?
- Ppp conversion factor for private consumption in Barbados was 2.64 in 2021, according to Our World in Data.
- What is the highest ppp conversion factor for private consumption recorded in Barbados?
- The highest recorded value was 2.68 in 2020.
- What is the lowest ppp conversion factor for private consumption recorded in Barbados?
- The lowest recorded value was 1.85 in 2004.
- How does Barbados rank for ppp conversion factor for private consumption?
- Barbados ranks 119th out of 204 countries with data for 2021.
- Is ppp conversion factor for private consumption rising or falling in Barbados?
- Over the last ten years it is up 10.2%. The long-run trend across the full record is rising.
- Where does this Barbados data come from?
- The figures come from Our World in Data, published as part of Ppp conversion factor for private consumption. Statizoid updates them automatically from the source API.
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