Services, value added (current LCU), per unit of GDP in Barbados
Barbados: Services, value added (current LCU), per unit of GDP was 1.52 current LCU per US$ of GDP in 2024. ▲ Rising
Services, value added (current LCU), per unit of GDP in Barbados, 1975–2024
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
The most recent figure for services, value added (current lcu), per unit of gdp in Barbados is 1.52 current LCU per US$ of GDP, measured in 2024. That is the highest value across all 50 years on record.
Compared with earlier readings it is up 0.5% on the previous year and up 0.1% over ten years.
Over the whole period, services, value added (current lcu), per unit of gdp in Barbados peaked at 1.52 current LCU per US$ of GDP in 2024 and was at its lowest, 0.8542 current LCU per US$ of GDP, in 1980.
Barbados ranks 139th of 204 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 50 years of available data.
Services, value added (current LCU), per unit of GDP in Barbados, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1975 | 0.9416 current LCU per US$ of GDP | — |
| 1976 | 1.03 current LCU per US$ of GDP | +9.0% |
| 1977 | 1.02 current LCU per US$ of GDP | -0.3% |
| 1978 | 1.03 current LCU per US$ of GDP | +0.2% |
| 1979 | 1.04 current LCU per US$ of GDP | +1.7% |
| 1980 | 0.8542 current LCU per US$ of GDP | -18.1% |
| 1981 | 0.8862 current LCU per US$ of GDP | +3.7% |
| 1982 | 0.8794 current LCU per US$ of GDP | -0.8% |
| 1983 | 0.8611 current LCU per US$ of GDP | -2.1% |
| 1984 | 0.8696 current LCU per US$ of GDP | +1.0% |
| 1985 | 0.9185 current LCU per US$ of GDP | +5.6% |
| 1986 | 0.8982 current LCU per US$ of GDP | -2.2% |
| 1987 | 0.9079 current LCU per US$ of GDP | +1.1% |
| 1988 | 0.8958 current LCU per US$ of GDP | -1.3% |
| 1989 | 0.895 current LCU per US$ of GDP | -0.1% |
| 1990 | 1.43 current LCU per US$ of GDP | +59.6% |
| 1991 | 1.42 current LCU per US$ of GDP | -0.7% |
| 1992 | 1.43 current LCU per US$ of GDP | +0.9% |
| 1993 | 1.42 current LCU per US$ of GDP | -0.7% |
| 1994 | 1.45 current LCU per US$ of GDP | +1.9% |
| 1995 | 1.45 current LCU per US$ of GDP | +0.3% |
| 1996 | 1.46 current LCU per US$ of GDP | +0.9% |
| 1997 | 1.45 current LCU per US$ of GDP | -1.2% |
| 1998 | 1.42 current LCU per US$ of GDP | -2.1% |
| 1999 | 1.42 current LCU per US$ of GDP | +0.2% |
| 2000 | 1.43 current LCU per US$ of GDP | +0.4% |
| 2001 | 1.43 current LCU per US$ of GDP | +0.3% |
| 2002 | 1.47 current LCU per US$ of GDP | +3.1% |
| 2003 | 1.43 current LCU per US$ of GDP | -2.6% |
| 2004 | 1.46 current LCU per US$ of GDP | +1.6% |
| 2005 | 1.44 current LCU per US$ of GDP | -1.3% |
| 2006 | 1.45 current LCU per US$ of GDP | +0.8% |
| 2007 | 1.44 current LCU per US$ of GDP | -0.7% |
| 2008 | 1.45 current LCU per US$ of GDP | +0.6% |
| 2009 | 1.48 current LCU per US$ of GDP | +1.9% |
| 2010 | 1.51 current LCU per US$ of GDP | +2.0% |
| 2011 | 1.51 current LCU per US$ of GDP | +0.2% |
| 2012 | 1.48 current LCU per US$ of GDP | -2.0% |
| 2013 | 1.51 current LCU per US$ of GDP | +2.1% |
| 2014 | 1.51 current LCU per US$ of GDP | +0.3% |
| 2015 | 1.49 current LCU per US$ of GDP | -1.3% |
| 2016 | 1.5 current LCU per US$ of GDP | +0.4% |
| 2017 | 1.48 current LCU per US$ of GDP | -1.1% |
| 2018 | 1.48 current LCU per US$ of GDP | -0.1% |
| 2019 | 1.49 current LCU per US$ of GDP | +0.4% |
| 2020 | 1.47 current LCU per US$ of GDP | -1.2% |
| 2021 | 1.5 current LCU per US$ of GDP | +1.8% |
| 2022 | 1.51 current LCU per US$ of GDP | +1.1% |
| 2023 | 1.51 current LCU per US$ of GDP | -0.3% |
| 2024 | 1.52 current LCU per US$ of GDP | +0.5% |
Barbados compared with similar countries
- Barbados's 1.52 current LCU per US$ of GDP is above the median for high income countries, which is 0.8057 current LCU per US$ of GDP, 1.9× the median. (77 countries reporting)
- Barbados's 1.52 current LCU per US$ of GDP is below the median for Latin America & Caribbean, which is 1.91 current LCU per US$ of GDP, 79% of the median. (39 countries reporting)
Biggest year-on-year movements
Years where Services, value added (current LCU), per unit of GDP in Barbados changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1990 | +59.6% | 0.895 current LCU per US$ of GDP | 1.43 current LCU per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.01 current LCU per US$ of GDP | 0.9416 current LCU per US$ of GDP | 1.04 current LCU per US$ of GDP | 5 |
| 1980s | 0.8866 current LCU per US$ of GDP | 0.8542 current LCU per US$ of GDP | 0.9185 current LCU per US$ of GDP | 10 |
| 1990s | 1.43 current LCU per US$ of GDP | 1.42 current LCU per US$ of GDP | 1.46 current LCU per US$ of GDP | 10 |
| 2000s | 1.45 current LCU per US$ of GDP | 1.43 current LCU per US$ of GDP | 1.48 current LCU per US$ of GDP | 10 |
| 2010s | 1.5 current LCU per US$ of GDP | 1.48 current LCU per US$ of GDP | 1.51 current LCU per US$ of GDP | 10 |
| 2020s | 1.5 current LCU per US$ of GDP | 1.47 current LCU per US$ of GDP | 1.52 current LCU per US$ of GDP | 5 |
Countries ranked near Barbados
- 136 Sint Maarten (Dutch part) 1.6 current LCU per US$ of GDP compare
- 137 Dominica 1.54 current LCU per US$ of GDP compare
- 138 Belarus 1.53 current LCU per US$ of GDP compare
- 140 Libya 1.43 current LCU per US$ of GDP compare
- 141 Aruba 1.37 current LCU per US$ of GDP compare
- 142 Fiji 1.31 current LCU per US$ of GDP 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)
- 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)
- IMF holdings of currency, US dollar, per unit of GDP 0.0583 units per US$ of GDP (2025)
Frequently asked questions
- What is services, value added (current lcu), per unit of gdp in Barbados?
- Services, value added (current lcu), per unit of gdp in Barbados was 1.52 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest services, value added (current lcu), per unit of gdp recorded in Barbados?
- The highest recorded value was 1.52 current LCU per US$ of GDP in 2024.
- What is the lowest services, value added (current lcu), per unit of gdp recorded in Barbados?
- The lowest recorded value was 0.8542 current LCU per US$ of GDP in 1980.
- How does Barbados rank for services, value added (current lcu), per unit of gdp?
- Barbados ranks 139th out of 204 countries with data for 2024.
- Is services, value added (current lcu), per unit of gdp rising or falling in Barbados?
- Over the last ten years it is up 0.1%. 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 (current LCU), per unit of GDP. 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 (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Services, value added (current LCU) ÷ GDP (current US$)
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
Services, value added (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.