Services, value added (constant 2015 US$), per capita in Barbados
Barbados: Services, value added (constant 2015 US$), per capita was 17,291 constant 2015 US$ per person in 2024. ▲ Rising
Services, value added (constant 2015 US$), per capita in Barbados, 1975–2024
Source: Statizoid (derived). Measured in constant 2015 US$ per person.
Analysis
Barbados recorded 17,291 constant 2015 US$ per person for services, value added (constant 2015 us$), per capita in 2024.
The figure is up 3.4% on the previous year and up 11.2% over ten years.
Over the whole period, services, value added (constant 2015 us$), per capita in Barbados peaked at 18,651 constant 2015 US$ per person in 2007 and was at its lowest, 5,848 constant 2015 US$ per person, in 1975.
That places Barbados 40th out of 195 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 50 years of available data.
Services, value added (constant 2015 US$), per capita in Barbados, year by year
| Year | constant 2015 US$ per person | Change |
|---|---|---|
| 1975 | 5,848 constant 2015 US$ per person | — |
| 1976 | 5,922 constant 2015 US$ per person | +1.3% |
| 1977 | 6,281 constant 2015 US$ per person | +6.1% |
| 1978 | 6,567 constant 2015 US$ per person | +4.6% |
| 1979 | 7,168 constant 2015 US$ per person | +9.2% |
| 1980 | 7,483 constant 2015 US$ per person | +4.4% |
| 1981 | 7,470 constant 2015 US$ per person | -0.2% |
| 1982 | 7,047 constant 2015 US$ per person | -5.7% |
| 1983 | 6,964 constant 2015 US$ per person | -1.2% |
| 1984 | 7,190 constant 2015 US$ per person | +3.3% |
| 1985 | 7,379 constant 2015 US$ per person | +2.6% |
| 1986 | 7,742 constant 2015 US$ per person | +4.9% |
| 1987 | 8,216 constant 2015 US$ per person | +6.1% |
| 1988 | 8,479 constant 2015 US$ per person | +3.2% |
| 1989 | 8,856 constant 2015 US$ per person | +4.4% |
| 1990 | 8,516 constant 2015 US$ per person | -3.8% |
| 1991 | 8,157 constant 2015 US$ per person | -4.2% |
| 1992 | 7,728 constant 2015 US$ per person | -5.3% |
| 1993 | 7,847 constant 2015 US$ per person | +1.5% |
| 1994 | 8,211 constant 2015 US$ per person | +4.6% |
| 1995 | 8,306 constant 2015 US$ per person | +1.2% |
| 1996 | 8,518 constant 2015 US$ per person | +2.5% |
| 1997 | 8,902 constant 2015 US$ per person | +4.5% |
| 1998 | 9,516 constant 2015 US$ per person | +6.9% |
| 1999 | 9,443 constant 2015 US$ per person | -0.8% |
| 2000 | 10,009 constant 2015 US$ per person | +6.0% |
| 2001 | 9,773 constant 2015 US$ per person | -2.4% |
| 2002 | 9,753 constant 2015 US$ per person | -0.2% |
| 2003 | 9,980 constant 2015 US$ per person | +2.3% |
| 2004 | 10,078 constant 2015 US$ per person | +1.0% |
| 2005 | 9,382 constant 2015 US$ per person | -6.9% |
| 2006 | 18,181 constant 2015 US$ per person | +93.8% |
| 2007 | 18,651 constant 2015 US$ per person | +2.6% |
| 2008 | 18,558 constant 2015 US$ per person | -0.5% |
| 2009 | 17,522 constant 2015 US$ per person | -5.6% |
| 2010 | 15,907 constant 2015 US$ per person | -9.2% |
| 2011 | 15,910 constant 2015 US$ per person | +0.0% |
| 2012 | 15,324 constant 2015 US$ per person | -3.7% |
| 2013 | 15,374 constant 2015 US$ per person | +0.3% |
| 2014 | 15,547 constant 2015 US$ per person | +1.1% |
| 2015 | 15,271 constant 2015 US$ per person | -1.8% |
| 2016 | 15,514 constant 2015 US$ per person | +1.6% |
| 2017 | 15,624 constant 2015 US$ per person | +0.7% |
| 2018 | 15,592 constant 2015 US$ per person | -0.2% |
| 2019 | 15,549 constant 2015 US$ per person | -0.3% |
| 2020 | 12,498 constant 2015 US$ per person | -19.6% |
| 2021 | 14,038 constant 2015 US$ per person | +12.3% |
| 2022 | 16,361 constant 2015 US$ per person | +16.6% |
| 2023 | 16,724 constant 2015 US$ per person | +2.2% |
| 2024 | 17,291 constant 2015 US$ per person | +3.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 6,358 constant 2015 US$ per person | 5,848 constant 2015 US$ per person | 7,168 constant 2015 US$ per person | 5 |
| 1980s | 7,683 constant 2015 US$ per person | 6,964 constant 2015 US$ per person | 8,856 constant 2015 US$ per person | 10 |
| 1990s | 8,514 constant 2015 US$ per person | 7,728 constant 2015 US$ per person | 9,516 constant 2015 US$ per person | 10 |
| 2000s | 13,189 constant 2015 US$ per person | 9,382 constant 2015 US$ per person | 18,651 constant 2015 US$ per person | 10 |
| 2010s | 15,561 constant 2015 US$ per person | 15,271 constant 2015 US$ per person | 15,910 constant 2015 US$ per person | 10 |
| 2020s | 15,382 constant 2015 US$ per person | 12,498 constant 2015 US$ per person | 17,291 constant 2015 US$ per person | 5 |
Countries ranked near Barbados
- 37 Republic of Korea 21,609 constant 2015 US$ per person compare
- 38 Spain 21,200 constant 2015 US$ per person compare
- 39 Cyprus 18,400 constant 2015 US$ per person compare
- 41 Kuwait 17,244 constant 2015 US$ per person compare
- 42 Bahrain 16,186 constant 2015 US$ per person compare
- 43 Saint Kitts and Nevis 15,290 constant 2015 US$ per person 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)
- Services, value added (current US$), annual growth rate 5.66 % change on previous year (2024)
- Services, value added (current US$), per unit of GDP 0.7584 current US$ per US$ of GDP (2024)
- Services, value added (current US$), per capita 20,399 current US$ per person (2024)
- Services, value added (current LCU), annual growth rate 5.66 % change on previous year (2024)
- Services, value added (current LCU), per unit of GDP 1.52 current LCU per US$ of GDP (2024)
- Services, value added (current LCU), per capita 40,799 current LCU per person (2024)
- Services, value added (constant 2015 US$), annual growth rate 3.44 % change on previous year (2024)
- Services, value added (constant 2015 US$), per unit of GDP 0.6429 constant 2015 US$ per US$ of GDP (2024)
Frequently asked questions
- What is services, value added (constant 2015 us$), per capita in Barbados?
- Services, value added (constant 2015 us$), per capita in Barbados was 17,291 constant 2015 US$ per person in 2024, according to Statizoid (derived).
- What is the highest services, value added (constant 2015 us$), per capita recorded in Barbados?
- The highest recorded value was 18,651 constant 2015 US$ per person in 2007.
- What is the lowest services, value added (constant 2015 us$), per capita recorded in Barbados?
- The lowest recorded value was 5,848 constant 2015 US$ per person in 1975.
- How does Barbados rank for services, value added (constant 2015 us$), per capita?
- Barbados ranks 40th out of 195 countries with data for 2024.
- Is services, value added (constant 2015 us$), per capita rising or falling in Barbados?
- Over the last ten years it is up 11.2%. The long-run trend across the full record is rising.
- Where does this Barbados data come from?
- The figures come from Statizoid (derived), published as part of Services, value added (constant 2015 US$), per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 50 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Services, value added (constant 2015 US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Services, value added (constant 2015 US$) ÷ Population, total
Computed from
- Services, value added Country official statistics, National Statistical Offices (NSOs)
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Services, value added (constant 2015 US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.