Value Added Deflator (Manufacturing) — Value Standard Local Currency in Barbados
Barbados: Value Added Deflator (Manufacturing) — Value Standard Local Currency was 115.99 SLC in 2023. ◆ Volatile
Value Added Deflator (Manufacturing) — Value Standard Local Currency in Barbados, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in SLC.
Analysis
In 2023, value added deflator (manufacturing) — value standard local currency in Barbados stood at 115.99 SLC. That is the highest value across all 54 years on record.
The figure is up 4.9% on the previous year and up 17.6% over ten years.
Over the whole period, value added deflator (manufacturing) — value standard local currency in Barbados peaked at 115.99 SLC in 2023 and was at its lowest, 9.15 SLC, in 1970.
That places Barbados 144th out of 194 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Value Added Deflator (Manufacturing) — Value Standard Local Currency in Barbados, year by year
| Year | SLC | Change |
|---|---|---|
| 1970 | 9.15 SLC | — |
| 1971 | 9.77 SLC | +6.9% |
| 1972 | 10.23 SLC | +4.6% |
| 1973 | 12.22 SLC | +19.5% |
| 1974 | 18.33 SLC | +50.0% |
| 1975 | 18.98 SLC | +3.6% |
| 1976 | 19.16 SLC | +0.9% |
| 1977 | 22.46 SLC | +17.2% |
| 1978 | 22.55 SLC | +0.4% |
| 1979 | 26.88 SLC | +19.2% |
| 1980 | 35.42 SLC | +31.8% |
| 1981 | 37.98 SLC | +7.2% |
| 1982 | 43.47 SLC | +14.5% |
| 1983 | 49.24 SLC | +13.3% |
| 1984 | 53.46 SLC | +8.6% |
| 1985 | 51.83 SLC | -3.0% |
| 1986 | 48.79 SLC | -5.9% |
| 1987 | 50.95 SLC | +4.4% |
| 1988 | 51.29 SLC | +0.7% |
| 1989 | 47.28 SLC | -7.8% |
| 1990 | 49.46 SLC | +4.6% |
| 1991 | 49.46 SLC | -0.0% |
| 1992 | 46.82 SLC | -5.3% |
| 1993 | 48.57 SLC | +3.7% |
| 1994 | 44.63 SLC | -8.1% |
| 1995 | 42.98 SLC | -3.7% |
| 1996 | 45.72 SLC | +6.4% |
| 1997 | 46.99 SLC | +2.8% |
| 1998 | 50.78 SLC | +8.1% |
| 1999 | 52.69 SLC | +3.8% |
| 2000 | 55.36 SLC | +5.1% |
| 2001 | 60.57 SLC | +9.4% |
| 2002 | 59.42 SLC | -1.9% |
| 2003 | 66.39 SLC | +11.7% |
| 2004 | 67.52 SLC | +1.7% |
| 2005 | 66.2 SLC | -1.9% |
| 2006 | 80.86 SLC | +22.1% |
| 2007 | 83.42 SLC | +3.2% |
| 2008 | 89.18 SLC | +6.9% |
| 2009 | 97 SLC | +8.8% |
| 2010 | 88.16 SLC | -9.1% |
| 2011 | 96.16 SLC | +9.1% |
| 2012 | 91.36 SLC | -5.0% |
| 2013 | 98.67 SLC | +8.0% |
| 2014 | 98.48 SLC | -0.2% |
| 2015 | 100 SLC | +1.5% |
| 2016 | 99.47 SLC | -0.5% |
| 2017 | 101.67 SLC | +2.2% |
| 2018 | 104.3 SLC | +2.6% |
| 2019 | 103.54 SLC | -0.7% |
| 2020 | 103.05 SLC | -0.5% |
| 2021 | 105.26 SLC | +2.1% |
| 2022 | 110.53 SLC | +5.0% |
| 2023 | 115.99 SLC | +4.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 16.97 SLC | 9.15 SLC | 26.88 SLC | 10 |
| 1980s | 46.97 SLC | 35.42 SLC | 53.46 SLC | 10 |
| 1990s | 47.81 SLC | 42.98 SLC | 52.69 SLC | 10 |
| 2000s | 72.59 SLC | 55.36 SLC | 97 SLC | 10 |
| 2010s | 98.18 SLC | 88.16 SLC | 104.3 SLC | 10 |
| 2020s | 108.71 SLC | 103.05 SLC | 115.99 SLC | 4 |
Countries ranked near Barbados
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)
- GNI (current LCU), annual growth rate 5.11 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 1.92 current LCU per US$ of GDP (2025)
- GNI (current LCU), per capita 54,417 current LCU per person (2025)
- Net primary income (Net income from abroad) (current US$), annual -16.17 % change on previous year (2025)
- Net primary income (Net income from abroad) (current LCU), annual -16.17 % change on previous year (2025)
- Taxes less subsidies on products (current US$), annual growth rate 5.51 % change on previous year (2025)
- Taxes less subsidies on products (current US$), per unit of GDP 0.104 current US$ per US$ of GDP (2025)
- Taxes less subsidies on products (current US$), per capita 2,949 current US$ per person (2025)
Frequently asked questions
- What is value added deflator (manufacturing) — value standard local currency in Barbados?
- Value added deflator (manufacturing) — value standard local currency in Barbados was 115.99 SLC in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added deflator (manufacturing) — value standard local currency recorded in Barbados?
- The highest recorded value was 115.99 SLC in 2023.
- What is the lowest value added deflator (manufacturing) — value standard local currency recorded in Barbados?
- The lowest recorded value was 9.15 SLC in 1970.
- How does Barbados rank for value added deflator (manufacturing) — value standard local currency?
- Barbados ranks 144th out of 194 countries with data for 2023.
- Is value added deflator (manufacturing) — value standard local currency rising or falling in Barbados?
- Over the last ten years it is up 17.6%. The long-run trend across the full record is volatile.
- Where does this Barbados data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Value Added Deflator (Manufacturing) — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Deflators database provides the following selection of price deflator series by country and at regional level: Gross Domestic Product deflator, Gross Fixed Capital Formation deflator, Manufacturing Value-Added deflator, and Agriculture, Forestry, Fishery Valued-Added deflator. In the FAOSTAT Deflators database, all series are derived from the United Nations Statistics Division (UNSD) National Accounts Analysis of Main Aggregates database (UNSD AMA). In particular, the implicit Gross Domestic Product deflator, the implicit Gross Fixed Capital Formation deflator, the implicit value added deflator of Agriculture, Forestry, Fishery and the implicit value added deflator of Manufacturing are obtained by dividing the series in current prices by those in constant 2015 prices (base year).