How does Barbados rank for services, value added (constant 2015 us$), per unit of gdp?

Barbados ranks 19th out of 195 countries with data for 2024.

Is services, value added (constant 2015 us$), per unit of gdp rising or falling in Barbados?

Over the last ten years it is down 15.5%. The long-run trend across the full record is volatile.

Services, value added (constant 2015 US$), per unit of GDP in Barbados

Name: Services, value added (constant 2015 US$), per unit of GDP in Barbados
Creator: Statizoid (derived)
License: Derived by Statizoid from the sources named on the page

Barbados: Services, value added (constant 2015 US$), per unit of GDP was 0.6429 constant 2015 US$ per US$ of GDP in 2024. ◆ Volatile

Latest (2024)

0.6429 constant 2015 US$ per US$ of GDP

Change on year

down 1.7%

World rank

19th

of 195 countries

All-time high

3.65 constant 2015 US$ per US$ of GDP

in 1975

All-time low

0.6429 constant 2015 US$ per US$ of GDP

in 2024

Years of data

1975–2024

Services, value added (constant 2015 US$), per unit of GDP in Barbados, 1975–2024

Source: Statizoid (derived). Measured in constant 2015 US$ per US$ of GDP.

Analysis

In 2024, services, value added (constant 2015 us$), per unit of gdp in Barbados stood at 0.6429 constant 2015 US$ per US$ of GDP. That is the lowest value across all 50 years on record.

That represents a change of down 1.7% on the previous year and down 15.5% over ten years.

Over the whole period, services, value added (constant 2015 us$), per unit of gdp in Barbados peaked at 3.65 constant 2015 US$ per US$ of GDP in 1975 and was at its lowest, 0.6429 constant 2015 US$ per US$ of GDP, in 2024.

Barbados ranks 19th of 195 countries on this measure, in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Services, value added (constant 2015 US$), per unit of GDP in Barbados, year by year

Annual values for Services, value added (constant 2015 US$), per unit of GDP in Barbados, 1975 to 2024.
Year	constant 2015 US$ per US$ of GDP	Change
1975	3.65 constant 2015 US$ per US$ of GDP	—
1976	3.42 constant 2015 US$ per US$ of GDP	-6.5%
1977	3.19 constant 2015 US$ per US$ of GDP	-6.6%
1978	2.99 constant 2015 US$ per US$ of GDP	-6.4%
1979	2.69 constant 2015 US$ per US$ of GDP	-10.1%
1980	1.86 constant 2015 US$ per US$ of GDP	-30.8%
1981	1.69 constant 2015 US$ per US$ of GDP	-9.0%
1982	1.53 constant 2015 US$ per US$ of GDP	-9.4%
1983	1.43 constant 2015 US$ per US$ of GDP	-6.6%
1984	1.36 constant 2015 US$ per US$ of GDP	-4.9%
1985	1.34 constant 2015 US$ per US$ of GDP	-1.6%
1986	1.28 constant 2015 US$ per US$ of GDP	-4.1%
1987	1.24 constant 2015 US$ per US$ of GDP	-3.4%
1988	1.21 constant 2015 US$ per US$ of GDP	-2.8%
1989	1.14 constant 2015 US$ per US$ of GDP	-5.5%
1990	1.09 constant 2015 US$ per US$ of GDP	-3.9%
1991	1.05 constant 2015 US$ per US$ of GDP	-4.3%
1992	1.03 constant 2015 US$ per US$ of GDP	-1.8%
1993	0.9927 constant 2015 US$ per US$ of GDP	-3.4%
1994	0.9985 constant 2015 US$ per US$ of GDP	+0.6%
1995	0.9818 constant 2015 US$ per US$ of GDP	-1.7%
1996	0.9452 constant 2015 US$ per US$ of GDP	-3.7%
1997	0.935 constant 2015 US$ per US$ of GDP	-1.1%
1998	0.8865 constant 2015 US$ per US$ of GDP	-5.2%
1999	0.8398 constant 2015 US$ per US$ of GDP	-5.3%
2000	0.8573 constant 2015 US$ per US$ of GDP	+2.1%
2001	0.8396 constant 2015 US$ per US$ of GDP	-2.1%
2002	0.8293 constant 2015 US$ per US$ of GDP	-1.2%
2003	0.8264 constant 2015 US$ per US$ of GDP	-0.3%
2004	0.782 constant 2015 US$ per US$ of GDP	-5.4%
2005	0.6601 constant 2015 US$ per US$ of GDP	-15.6%
2006	1.16 constant 2015 US$ per US$ of GDP	+76.3%
2007	1.08 constant 2015 US$ per US$ of GDP	-7.0%
2008	1.06 constant 2015 US$ per US$ of GDP	-2.4%
2009	1.08 constant 2015 US$ per US$ of GDP	+1.8%
2010	0.8065 constant 2015 US$ per US$ of GDP	-25.0%
2011	0.7897 constant 2015 US$ per US$ of GDP	-2.1%
2012	0.7735 constant 2015 US$ per US$ of GDP	-2.1%
2013	0.7542 constant 2015 US$ per US$ of GDP	-2.5%
2014	0.7612 constant 2015 US$ per US$ of GDP	+0.9%
2015	0.7475 constant 2015 US$ per US$ of GDP	-1.8%
2016	0.7638 constant 2015 US$ per US$ of GDP	+2.2%
2017	0.7486 constant 2015 US$ per US$ of GDP	-2.0%
2018	0.7293 constant 2015 US$ per US$ of GDP	-2.6%
2019	0.7091 constant 2015 US$ per US$ of GDP	-2.8%
2020	0.6516 constant 2015 US$ per US$ of GDP	-8.1%
2021	0.6658 constant 2015 US$ per US$ of GDP	+2.2%
2022	0.6707 constant 2015 US$ per US$ of GDP	+0.7%
2023	0.6537 constant 2015 US$ per US$ of GDP	-2.5%
2024	0.6429 constant 2015 US$ per US$ of GDP	-1.7%

Averages by decade

Decade	Average	Lowest	Highest	Years
1970s	3.19 constant 2015 US$ per US$ of GDP	2.69 constant 2015 US$ per US$ of GDP	3.65 constant 2015 US$ per US$ of GDP	5
1980s	1.41 constant 2015 US$ per US$ of GDP	1.14 constant 2015 US$ per US$ of GDP	1.86 constant 2015 US$ per US$ of GDP	10
1990s	0.9749 constant 2015 US$ per US$ of GDP	0.8398 constant 2015 US$ per US$ of GDP	1.09 constant 2015 US$ per US$ of GDP	10
2000s	0.9173 constant 2015 US$ per US$ of GDP	0.6601 constant 2015 US$ per US$ of GDP	1.16 constant 2015 US$ per US$ of GDP	10
2010s	0.7583 constant 2015 US$ per US$ of GDP	0.7091 constant 2015 US$ per US$ of GDP	0.8065 constant 2015 US$ per US$ of GDP	10
2020s	0.6569 constant 2015 US$ per US$ of GDP	0.6429 constant 2015 US$ per US$ of GDP	0.6707 constant 2015 US$ per US$ of GDP	5

Countries ranked near Barbados

16 Bahamas 0.6616 constant 2015 US$ per US$ of GDP compare
17 Aruba 0.6615 constant 2015 US$ per US$ of GDP compare
18 Djibouti 0.6609 constant 2015 US$ per US$ of GDP compare
20 Suriname 0.6423 constant 2015 US$ per US$ of GDP compare
21 Mauritius 0.638 constant 2015 US$ per US$ of GDP compare
22 Samoa 0.6366 constant 2015 US$ per US$ of GDP compare

See the full ranking of 238 places →

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 capita 17,291 constant 2015 US$ per person (2024)

All data for Barbados →

Frequently asked questions

What is services, value added (constant 2015 us$), per unit of gdp in Barbados?: Services, value added (constant 2015 us$), per unit of gdp in Barbados was 0.6429 constant 2015 US$ per US$ of GDP in 2024, according to Statizoid (derived).
What is the highest services, value added (constant 2015 us$), per unit of gdp recorded in Barbados?: The highest recorded value was 3.65 constant 2015 US$ per US$ of GDP in 1975.
What is the lowest services, value added (constant 2015 us$), per unit of gdp recorded in Barbados?: The lowest recorded value was 0.6429 constant 2015 US$ per US$ of GDP in 2024.
How does Barbados rank for services, value added (constant 2015 us$), per unit of gdp?: Barbados ranks 19th out of 195 countries with data for 2024.
Is services, value added (constant 2015 us$), per unit of gdp rising or falling in Barbados?: Over the last ten years it is down 15.5%. The long-run trend across the full record is volatile.
Where does this Barbados data come from?: The figures come from Statizoid (derived), published as part of Services, value added (constant 2015 US$), per unit of GDP. Statizoid updates them automatically from the source API.

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Services, value added (constant 2015 US$), per unit of GDP in Barbados. Statizoid, drawing on Statizoid (derived). Retrieved 31 August 2026, from https://economy.statizoid.com/stat/services-value-added-constant-2015-us-per-unit-of-gdp/barbados/

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How this figure is calculated

Services, value added (constant 2015 US$) divided by GDP (current US$), 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$) ÷ GDP (current US$)

Computed from

Services, value added Country official statistics, National Statistical Offices (NSOs)
GDP Country official statistics, National Statistical Organizations and/or Central Banks

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

Indicator: Services, value added (constant 2015 US$), per unit of GDP
Unit: constant 2015 US$ per US$ of GDP
Source: Statizoid (derived)
Licence: Derived by Statizoid from the sources named on the page
Coverage: 238 places, 9,768 data points, 1960–2025
Last refreshed: 31 August 2026

Services, value added (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.