Price level index in Barbados
Barbados: Price level index was 131.87 Households and NPISHs Final consumption expenditure in 2021. ▲ Rising
Price level index in Barbados, 1990–2021
Source: World Development Indicators, World Bank (WB). Measured in Households and NPISHs Final consumption expenditure.
Analysis
In 2021, price level index in Barbados stood at 131.87 Households and NPISHs Final consumption expenditure.
The figure is down 1.5% on the previous year and up 10.2% over ten years.
Over the whole period, price level index in Barbados peaked at 133.93 Households and NPISHs Final consumption expenditure in 2020 and was at its lowest, 92.73 Households and NPISHs Final consumption expenditure, in 2004.
That places Barbados 3rd out of 205 countries with data for 2021, putting it in the top 10%.
The long-run direction has been consistently rising across the 32 years of available data.
Price level index in Barbados, year by year
| Year | Households and NPISHs Final consumption expenditure | Change |
|---|---|---|
| 1990 | 95.68 Households and NPISHs Final consumption expenditure | — |
| 1991 | 97.54 Households and NPISHs Final consumption expenditure | +1.9% |
| 1992 | 101.01 Households and NPISHs Final consumption expenditure | +3.6% |
| 1993 | 98.65 Households and NPISHs Final consumption expenditure | -2.3% |
| 1994 | 96.22 Households and NPISHs Final consumption expenditure | -2.5% |
| 1995 | 95.35 Households and NPISHs Final consumption expenditure | -0.9% |
| 1996 | 94.84 Households and NPISHs Final consumption expenditure | -0.5% |
| 1997 | 99.82 Households and NPISHs Final consumption expenditure | +5.3% |
| 1998 | 97.05 Households and NPISHs Final consumption expenditure | -2.8% |
| 1999 | 96.45 Households and NPISHs Final consumption expenditure | -0.6% |
| 2000 | 96.11 Households and NPISHs Final consumption expenditure | -0.4% |
| 2001 | 95.88 Households and NPISHs Final consumption expenditure | -0.2% |
| 2002 | 94.5 Households and NPISHs Final consumption expenditure | -1.4% |
| 2003 | 93.9 Households and NPISHs Final consumption expenditure | -0.6% |
| 2004 | 92.73 Households and NPISHs Final consumption expenditure | -1.2% |
| 2005 | 95.14 Households and NPISHs Final consumption expenditure | +2.6% |
| 2006 | 98.9 Households and NPISHs Final consumption expenditure | +4.0% |
| 2007 | 100.04 Households and NPISHs Final consumption expenditure | +1.1% |
| 2008 | 104.15 Households and NPISHs Final consumption expenditure | +4.1% |
| 2009 | 108.33 Households and NPISHs Final consumption expenditure | +4.0% |
| 2010 | 112.79 Households and NPISHs Final consumption expenditure | +4.1% |
| 2011 | 119.65 Households and NPISHs Final consumption expenditure | +6.1% |
| 2012 | 119.39 Households and NPISHs Final consumption expenditure | -0.2% |
| 2013 | 123.47 Households and NPISHs Final consumption expenditure | +3.4% |
| 2014 | 125.48 Households and NPISHs Final consumption expenditure | +1.6% |
| 2015 | 121.7 Households and NPISHs Final consumption expenditure | -3.0% |
| 2016 | 119.99 Households and NPISHs Final consumption expenditure | -1.4% |
| 2017 | 124.66 Households and NPISHs Final consumption expenditure | +3.9% |
| 2018 | 126.5 Households and NPISHs Final consumption expenditure | +1.5% |
| 2019 | 131 Households and NPISHs Final consumption expenditure | +3.6% |
| 2020 | 133.93 Households and NPISHs Final consumption expenditure | +2.2% |
| 2021 | 131.87 Households and NPISHs Final consumption expenditure | -1.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 97.26 Households and NPISHs Final consumption expenditure | 94.84 Households and NPISHs Final consumption expenditure | 101.01 Households and NPISHs Final consumption expenditure | 10 |
| 2000s | 97.97 Households and NPISHs Final consumption expenditure | 92.73 Households and NPISHs Final consumption expenditure | 108.33 Households and NPISHs Final consumption expenditure | 10 |
| 2010s | 122.46 Households and NPISHs Final consumption expenditure | 112.79 Households and NPISHs Final consumption expenditure | 131 Households and NPISHs Final consumption expenditure | 10 |
| 2020s | 132.9 Households and NPISHs Final consumption expenditure | 131.87 Households and NPISHs Final consumption expenditure | 133.93 Households and NPISHs Final consumption expenditure | 2 |
Countries ranked near Barbados
- 1 Bermuda 144.13 Households and NPISHs Final consumption expenditure compare
- 2 Cayman Islands 140.1 Households and NPISHs Final consumption expenditure compare
- 4 Turks and Caicos Islands 131.72 Households and NPISHs Final consumption expenditure compare
- 5 Iceland 129.71 Households and NPISHs Final consumption expenditure compare
- 6 Switzerland 128.17 Households and NPISHs Final consumption expenditure 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)
- Manufacturing, value added (current US$), per unit of GDP 0.0495 current US$ per US$ of GDP (2024)
- Manufacturing, value added (current US$), per capita 1,331 current US$ per person (2024)
- Manufacturing, value added (current LCU), per unit of GDP 0.099 current LCU per US$ of GDP (2024)
- Manufacturing, value added (current LCU), per capita 2,663 current LCU per person (2024)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.0424 constant 2015 US$ per US$ of GDP (2024)
- Manufacturing, value added (constant 2015 US$), per capita 1,139 constant 2015 US$ per person (2024)
- Manufacturing, value added (constant LCU), per capita 2,645 constant LCU per person (2024)
- Industry (including construction), value added (current US$), annual 4.5 % change on previous year (2024)
Frequently asked questions
- What is price level index in Barbados?
- Price level index in Barbados was 131.87 Households and NPISHs Final consumption expenditure in 2021, according to World Development Indicators, World Bank (WB).
- What is the highest price level index recorded in Barbados?
- The highest recorded value was 133.93 Households and NPISHs Final consumption expenditure in 2020.
- What is the lowest price level index recorded in Barbados?
- The lowest recorded value was 92.73 Households and NPISHs Final consumption expenditure in 2004.
- How does Barbados rank for price level index?
- Barbados ranks 3rd out of 205 countries with data for 2021.
- Is price level index 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 World Development Indicators, World Bank (WB), published as part of Price level index (Households and NPISHs Final consumption expenditure). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 32 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The price level index (PLI) is the ratio of a purchasing power parity (PPP) conversion factor to the corresponding market exchange rate between two countries, expressed relative to a base country that is set equal to 100. For this series the base country is the United States. It provides a measure of the differences in price level between the country and the United States by indicating the number of units of the common currency (US dollars) needed to buy the same volume of the aggregation level in each country. This indicator provides a measure of the differences in the price levels of countries at the level of Households and NPISHs final consumption expenditure.