Value Added (Total Manufacturing) — Value Standard Local Currency in Barbados
Barbados: Value Added (Total Manufacturing) — Value Standard Local Currency was 0.0023 million SLC per person in 2023. ▼ Falling
Value Added (Total Manufacturing) — Value Standard Local Currency in Barbados, 1970–2023
Source: Statizoid (derived). Measured in million SLC per person.
Analysis
In 2023, value added (total manufacturing) — value standard local currency in Barbados stood at 0.0023 million SLC per person.
That represents a change of up 0.3% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in Barbados peaked at 0.0037 million SLC per person in 1980 and was at its lowest, 0.0019 million SLC per person, in 2020.
Barbados ranks 134th of 194 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 54 years of available data.
Value Added (Total Manufacturing) — Value Standard Local Currency in Barbados, year by year
| Year | million SLC per person | Change |
|---|---|---|
| 1970 | 0.002 million SLC per person | — |
| 1971 | 0.0022 million SLC per person | +9.1% |
| 1972 | 0.0024 million SLC per person | +10.2% |
| 1973 | 0.0025 million SLC per person | +6.9% |
| 1974 | 0.0024 million SLC per person | -4.9% |
| 1975 | 0.0027 million SLC per person | +10.5% |
| 1976 | 0.0031 million SLC per person | +16.8% |
| 1977 | 0.0032 million SLC per person | +3.1% |
| 1978 | 0.0035 million SLC per person | +9.1% |
| 1979 | 0.0036 million SLC per person | +1.9% |
| 1980 | 0.0037 million SLC per person | +2.1% |
| 1981 | 0.0035 million SLC per person | -3.9% |
| 1982 | 0.0033 million SLC per person | -5.7% |
| 1983 | 0.0034 million SLC per person | +2.2% |
| 1984 | 0.0034 million SLC per person | +1.5% |
| 1985 | 0.0031 million SLC per person | -9.8% |
| 1986 | 0.0032 million SLC per person | +4.8% |
| 1987 | 0.003 million SLC per person | -6.9% |
| 1988 | 0.0032 million SLC per person | +6.5% |
| 1989 | 0.0034 million SLC per person | +5.2% |
| 1990 | 0.0033 million SLC per person | -2.8% |
| 1991 | 0.0031 million SLC per person | -5.9% |
| 1992 | 0.0028 million SLC per person | -8.7% |
| 1993 | 0.0027 million SLC per person | -3.2% |
| 1994 | 0.0029 million SLC per person | +6.5% |
| 1995 | 0.0032 million SLC per person | +8.3% |
| 1996 | 0.0031 million SLC per person | -1.0% |
| 1997 | 0.0032 million SLC per person | +3.7% |
| 1998 | 0.0034 million SLC per person | +3.4% |
| 1999 | 0.0033 million SLC per person | -2.5% |
| 2000 | 0.0033 million SLC per person | -0.3% |
| 2001 | 0.003 million SLC per person | -8.3% |
| 2002 | 0.003 million SLC per person | -0.4% |
| 2003 | 0.0029 million SLC per person | -1.3% |
| 2004 | 0.003 million SLC per person | +0.8% |
| 2005 | 0.003 million SLC per person | +1.6% |
| 2006 | 0.003 million SLC per person | -1.1% |
| 2007 | 0.003 million SLC per person | -0.8% |
| 2008 | 0.003 million SLC per person | +2.7% |
| 2009 | 0.0026 million SLC per person | -13.8% |
| 2010 | 0.0025 million SLC per person | -4.9% |
| 2011 | 0.0025 million SLC per person | -0.9% |
| 2012 | 0.0024 million SLC per person | -4.3% |
| 2013 | 0.0023 million SLC per person | -2.9% |
| 2014 | 0.0022 million SLC per person | -4.6% |
| 2015 | 0.0023 million SLC per person | +5.5% |
| 2016 | 0.0023 million SLC per person | +0.1% |
| 2017 | 0.0023 million SLC per person | -0.1% |
| 2018 | 0.0022 million SLC per person | -4.8% |
| 2019 | 0.0022 million SLC per person | +2.3% |
| 2020 | 0.0019 million SLC per person | -14.5% |
| 2021 | 0.0019 million SLC per person | +1.4% |
| 2022 | 0.0023 million SLC per person | +18.2% |
| 2023 | 0.0023 million SLC per person | -0.1% |
Barbados compared with similar countries
- Barbados's 0.0023 million SLC per person is below the median for high income countries, which is 0.0052 million SLC per person, 44% of the median. (73 countries reporting)
- Barbados's 0.0023 million SLC per person is below the median for Latin America & Caribbean, which is 0.0025 million SLC per person, 92% of the median. (38 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0028 million SLC per person | 0.002 million SLC per person | 0.0036 million SLC per person | 10 |
| 1980s | 0.0033 million SLC per person | 0.003 million SLC per person | 0.0037 million SLC per person | 10 |
| 1990s | 0.0031 million SLC per person | 0.0027 million SLC per person | 0.0034 million SLC per person | 10 |
| 2000s | 0.003 million SLC per person | 0.0026 million SLC per person | 0.0033 million SLC per person | 10 |
| 2010s | 0.0023 million SLC per person | 0.0022 million SLC per person | 0.0025 million SLC per person | 10 |
| 2020s | 0.0021 million SLC per person | 0.0019 million SLC per person | 0.0023 million SLC per person | 4 |
Countries ranked near Barbados
- 131 Saint Kitts and Nevis 0.0024 million SLC per person compare
- 132 Sao Tome and Principe 0.0024 million SLC per person compare
- 133 Estonia 0.0023 million SLC per person compare
- 135 Lesotho 0.0019 million SLC per person compare
- 136 Greece 0.0019 million SLC per person compare
- 137 Croatia 0.0019 million SLC 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 18.57 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0024 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 65.74 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 303.06 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 34.75 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0399 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,073 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 2.97 % change on previous year (2024)
Frequently asked questions
- What is value added (total manufacturing) — value standard local currency in Barbados?
- Value added (total manufacturing) — value standard local currency in Barbados was 0.0023 million SLC per person in 2023, according to Statizoid (derived).
- What is the highest value added (total manufacturing) — value standard local currency recorded in Barbados?
- The highest recorded value was 0.0037 million SLC per person in 1980.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in Barbados?
- The lowest recorded value was 0.0019 million SLC per person in 2020.
- How does Barbados rank for value added (total manufacturing) — value standard local currency?
- Barbados ranks 134th out of 194 countries with data for 2023.
- Is value added (total manufacturing) — value standard local currency rising or falling in Barbados?
- Over the last ten years it is up 0.3%. The long-run trend across the full record is falling.
- Where does this Barbados data come from?
- The figures come from Statizoid (derived), published as part of Value Added (Total Manufacturing) — Value Standard Local Currency, 2015 prices, per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Value Added (Total Manufacturing) — Value Standard Local Currency, 2015 prices divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Value Added (Total Manufacturing) — Value Standard Local Currency, 2015 prices ÷ Population, total
Computed from
- Value Added (Total Manufacturing) — Value Standard Local Currency Food and Agriculture Organization of the United Nations
- 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
Value Added (Total Manufacturing) — Value Standard Local Currency, 2015 prices divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.