Annual GDP growth in Barbados
Barbados: Annual GDP growth was 3.4% in 2024. ◆ Volatile
Annual GDP growth in Barbados, 1980–2024
Source: International Monetary Fund (2026) – with minor processing by Our World in Data. Measured in %.
Analysis
In 2024, annual gdp growth in Barbados stood at 3.4%.
That represents a change of up 85.6% on the previous year and up 317.2% over ten years.
Over the whole period, annual gdp growth in Barbados peaked at 15.9% in 2022 and was at its lowest, -17.4%, in 2020.
Barbados ranks 105th of 196 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 1.8% | -4.9% | 5.1% | 10 |
| 1990s | 0.5% | -5.7% | 4.7% | 10 |
| 2000s | 1.4% | -4.8% | 5.7% | 10 |
| 2010s | -0.3% | -2.9% | 1.4% | 10 |
| 2020s | 2.3% | -17.4% | 15.9% | 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)
- Share of manufacturing in gross domestic product (GDP) 4.9% (2024)
- 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)
Frequently asked questions
- What is annual gdp growth in Barbados?
- Annual gdp growth in Barbados was 3.4% in 2024, according to International Monetary Fund (2026) – with minor processing by Our World in Data.
- What is the highest annual gdp growth recorded in Barbados?
- The highest recorded value was 15.9% in 2022.
- What is the lowest annual gdp growth recorded in Barbados?
- The lowest recorded value was -17.4% in 2020.
- How does Barbados rank for annual gdp growth?
- Barbados ranks 105th out of 196 countries with data for 2024.
- Is annual gdp growth rising or falling in Barbados?
- Over the last ten years it is up 317.2%. The long-run trend across the full record is volatile.
- Where does this Barbados data come from?
- The figures come from International Monetary Fund (2026) – with minor processing by Our World in Data, published as part of Annual GDP growth. Statizoid updates them automatically from the source API.
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About this data
Annual percent change in gross domestic product. This data is adjusted for inflation.