Value Added (Total Manufacturing) — Value Standard Local Currency in Barbados
Barbados: Value Added (Total Manufacturing) — Value Standard Local Currency was 648.48 million SLC in 2023. ▼ Falling
Value Added (Total Manufacturing) — Value Standard Local Currency in Barbados, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
In 2023, value added (total manufacturing) — value standard local currency in Barbados stood at 648.48 million SLC.
That represents a change of up 2.0% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in Barbados peaked at 918.85 million SLC in 1980 and was at its lowest, 493.35 million SLC, in 1970.
That places Barbados 162nd out of 194 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 54 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 691.94 million SLC | 493.35 million SLC | 899.46 million SLC | 10 |
| 1980s | 848.96 million SLC | 778.3 million SLC | 918.85 million SLC | 10 |
| 1990s | 811.45 million SLC | 715.3 million SLC | 881.04 million SLC | 10 |
| 2000s | 796.44 million SLC | 716.76 million SLC | 855.84 million SLC | 10 |
| 2010s | 644.22 million SLC | 608.05 million SLC | 684.69 million SLC | 10 |
| 2020s | 596.54 million SLC | 540.2 million SLC | 648.77 million SLC | 4 |
Countries ranked near Barbados
- 159 Malta 955.9 million SLC compare
- 160 Solomon Islands 931.89 million SLC compare
- 161 South Sudan 851.44 million SLC compare
- 163 Sao Tome and Principe 548.96 million SLC compare
- 164 San Marino 524.83 million SLC compare
- 165 Greenland 487.47 million SLC 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)
- 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)
- Taxes less subsidies on products (current LCU), annual growth rate 5.52 % change on previous year (2025)
- Taxes less subsidies on products (current LCU), per unit of GDP 0.2079 current LCU per US$ of GDP (2025)
- Taxes less subsidies on products (current LCU), per capita 5,898 current LCU per person (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.3651 (2025)
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 648.48 million SLC in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added (total manufacturing) — value standard local currency recorded in Barbados?
- The highest recorded value was 918.85 million SLC in 1980.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in Barbados?
- The lowest recorded value was 493.35 million SLC in 1970.
- How does Barbados rank for value added (total manufacturing) — value standard local currency?
- Barbados ranks 162nd 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 2.0%. The long-run trend across the full record is falling.
- 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 (Total Manufacturing) — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).