Services, value added (current US$), per capita in Barbados
Barbados: Services, value added (current US$), per capita was 20,399 current US$ per person in 2024. ◆ Volatile
Services, value added (current US$), per capita in Barbados, 1975–2024
Source: Statizoid (derived). Measured in current US$ per person.
Analysis
The most recent figure for services, value added (current us$), per capita in Barbados is 20,399 current US$ per person, measured in 2024. That is the highest value across all 50 years on record.
That represents a change of up 5.6% on the previous year and up 31.9% over ten years.
Over the whole period, services, value added (current us$), per capita in Barbados peaked at 20,399 current US$ per person in 2024 and was at its lowest, 746.38 current US$ per person, in 1975.
That places Barbados 51st out of 204 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Services, value added (current US$), per capita in Barbados, year by year
| Year | current US$ per person | Change |
|---|---|---|
| 1975 | 746.38 current US$ per person | — |
| 1976 | 888.32 current US$ per person | +19.0% |
| 1977 | 1,004 current US$ per person | +13.0% |
| 1978 | 1,121 current US$ per person | +11.6% |
| 1979 | 1,384 current US$ per person | +23.5% |
| 1980 | 1,709 current US$ per person | +23.5% |
| 1981 | 1,946 current US$ per person | +13.9% |
| 1982 | 2,011 current US$ per person | +3.3% |
| 1983 | 2,083 current US$ per person | +3.6% |
| 1984 | 2,284 current US$ per person | +9.7% |
| 1985 | 2,516 current US$ per person | +10.1% |
| 1986 | 2,693 current US$ per person | +7.0% |
| 1987 | 2,990 current US$ per person | +11.0% |
| 1988 | 3,132 current US$ per person | +4.7% |
| 1989 | 3,459 current US$ per person | +10.4% |
| 1990 | 5,525 current US$ per person | +59.7% |
| 1991 | 5,493 current US$ per person | -0.6% |
| 1992 | 5,378 current US$ per person | -2.1% |
| 1993 | 5,581 current US$ per person | +3.8% |
| 1994 | 5,915 current US$ per person | +6.0% |
| 1995 | 6,104 current US$ per person | +3.2% |
| 1996 | 6,563 current US$ per person | +7.5% |
| 1997 | 6,851 current US$ per person | +4.4% |
| 1998 | 7,561 current US$ per person | +10.4% |
| 1999 | 7,938 current US$ per person | +5.0% |
| 2000 | 8,320 current US$ per person | +4.8% |
| 2001 | 8,322 current US$ per person | +0.0% |
| 2002 | 8,667 current US$ per person | +4.1% |
| 2003 | 8,664 current US$ per person | -0.0% |
| 2004 | 9,388 current US$ per person | +8.4% |
| 2005 | 10,225 current US$ per person | +8.9% |
| 2006 | 11,328 current US$ per person | +10.8% |
| 2007 | 12,415 current US$ per person | +9.6% |
| 2008 | 12,729 current US$ per person | +2.5% |
| 2009 | 12,030 current US$ per person | -5.5% |
| 2010 | 14,857 current US$ per person | +23.5% |
| 2011 | 15,204 current US$ per person | +2.3% |
| 2012 | 14,646 current US$ per person | -3.7% |
| 2013 | 15,392 current US$ per person | +5.1% |
| 2014 | 15,469 current US$ per person | +0.5% |
| 2015 | 15,271 current US$ per person | -1.3% |
| 2016 | 15,243 current US$ per person | -0.2% |
| 2017 | 15,487 current US$ per person | +1.6% |
| 2018 | 15,845 current US$ per person | +2.3% |
| 2019 | 16,323 current US$ per person | +3.0% |
| 2020 | 14,108 current US$ per person | -13.6% |
| 2021 | 15,785 current US$ per person | +11.9% |
| 2022 | 18,468 current US$ per person | +17.0% |
| 2023 | 19,316 current US$ per person | +4.6% |
| 2024 | 20,399 current US$ per person | +5.6% |
Barbados compared with similar countries
- Barbados's 20,399 current US$ per person is below the median for high income countries, which is 26,620 current US$ per person, 77% of the median. (77 countries reporting)
- Barbados's 20,399 current US$ per person is above the median for Latin America & Caribbean, which is 7,863 current US$ per person, 2.6× the median. (39 countries reporting)
Biggest year-on-year movements
Years where Services, value added (current US$), per capita in Barbados changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1990 | +59.7% | 3,459 current US$ per person | 5,525 current US$ per person |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1,029 current US$ per person | 746.38 current US$ per person | 1,384 current US$ per person | 5 |
| 1980s | 2,482 current US$ per person | 1,709 current US$ per person | 3,459 current US$ per person | 10 |
| 1990s | 6,291 current US$ per person | 5,378 current US$ per person | 7,938 current US$ per person | 10 |
| 2000s | 10,209 current US$ per person | 8,320 current US$ per person | 12,729 current US$ per person | 10 |
| 2010s | 15,374 current US$ per person | 14,646 current US$ per person | 16,323 current US$ per person | 10 |
| 2020s | 17,615 current US$ per person | 14,108 current US$ per person | 20,399 current US$ per person | 5 |
Countries ranked near Barbados
- 48 Portugal 21,350 current US$ per person compare
- 49 Puerto Rico 21,082 current US$ per person compare
- 50 South Korea 20,732 current US$ per person compare
- 52 Kuwait 19,266 current US$ per person compare
- 53 Greece 18,176 current US$ per person compare
- 54 Slovakia 17,071 current 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)
- 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 us$), per capita in Barbados?
- Services, value added (current us$), per capita in Barbados was 20,399 current US$ per person in 2024, according to Statizoid (derived).
- What is the highest services, value added (current us$), per capita recorded in Barbados?
- The highest recorded value was 20,399 current US$ per person in 2024.
- What is the lowest services, value added (current us$), per capita recorded in Barbados?
- The lowest recorded value was 746.38 current US$ per person in 1975.
- How does Barbados rank for services, value added (current us$), per capita?
- Barbados ranks 51st out of 204 countries with data for 2024.
- Is services, value added (current us$), per capita rising or falling in Barbados?
- Over the last ten years it is up 31.9%. 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 (current US$), per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 50 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Services, value added (current US$) 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 (current US$) ÷ Population, total
Computed from
- Services, value added Country official statistics, National Statistical Offices (NSOs)
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Services, value added (current US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.