Value Added (Total Manufacturing) — Value Standard Local Currency in Barbados
Barbados: Value Added (Total Manufacturing) — Value Standard Local Currency was 4.89 % change on previous year in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Value Standard Local Currency in Barbados, 1971–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Barbados recorded 4.89 % change on previous year for value added (total manufacturing) — value standard local currency in 2023.
That represents a change of down 79.8% on the previous year and down 4.1% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in Barbados peaked at 42.92 % change on previous year in 1974 and was at its lowest, -14.8 % change on previous year, in 2020.
That places Barbados 128th out of 231 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 (Total Manufacturing) — Value Standard Local Currency in Barbados, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 16.54 % change on previous year | — |
| 1972 | 15.54 % change on previous year | -6.0% |
| 1973 | 28.07 % change on previous year | +80.6% |
| 1974 | 42.92 % change on previous year | +52.9% |
| 1975 | 14.67 % change on previous year | -65.8% |
| 1976 | 17.94 % change on previous year | +22.3% |
| 1977 | 20.99 % change on previous year | +17.0% |
| 1978 | 9.55 % change on previous year | -54.5% |
| 1979 | 21.26 % change on previous year | +122.6% |
| 1980 | 34.63 % change on previous year | +62.9% |
| 1981 | 3.38 % change on previous year | -90.2% |
| 1982 | 8.33 % change on previous year | +146.5% |
| 1983 | 16.16 % change on previous year | +94.0% |
| 1984 | 10.64 % change on previous year | -34.1% |
| 1985 | -12.27 % change on previous year | -215.3% |
| 1986 | -1.04 % change on previous year | -91.6% |
| 1987 | -2.49 % change on previous year | +140.0% |
| 1988 | 7.42 % change on previous year | -398.7% |
| 1989 | -2.87 % change on previous year | -138.7% |
| 1990 | 1.84 % change on previous year | -164.2% |
| 1991 | -5.58 % change on previous year | -402.6% |
| 1992 | -13.32 % change on previous year | +138.9% |
| 1993 | 0.7248 % change on previous year | -105.4% |
| 1994 | -1.87 % change on previous year | -358.1% |
| 1995 | 4.49 % change on previous year | -339.9% |
| 1996 | 5.36 % change on previous year | +19.5% |
| 1997 | 6.66 % change on previous year | +24.2% |
| 1998 | 11.77 % change on previous year | +76.6% |
| 1999 | 1.25 % change on previous year | -89.4% |
| 2000 | 4.59 % change on previous year | +266.8% |
| 2001 | 0.4854 % change on previous year | -89.4% |
| 2002 | -1.66 % change on previous year | -441.8% |
| 2003 | 10.91 % change on previous year | -757.7% |
| 2004 | 3.08 % change on previous year | -71.8% |
| 2005 | 0.1121 % change on previous year | -96.4% |
| 2006 | 21.38 % change on previous year | +18970.9% |
| 2007 | 2.78 % change on previous year | -87.0% |
| 2008 | 10.38 % change on previous year | +273.6% |
| 2009 | -5.78 % change on previous year | -155.7% |
| 2010 | -13.19 % change on previous year | +128.1% |
| 2011 | 8.41 % change on previous year | -163.8% |
| 2012 | -8.82 % change on previous year | -204.8% |
| 2013 | 5.1 % change on previous year | -157.8% |
| 2014 | -4.51 % change on previous year | -188.4% |
| 2015 | 7.37 % change on previous year | -263.5% |
| 2016 | -0.2237 % change on previous year | -103.0% |
| 2017 | 2.35 % change on previous year | -1150.0% |
| 2018 | -2.2 % change on previous year | -193.7% |
| 2019 | 1.75 % change on previous year | -179.6% |
| 2020 | -14.8 % change on previous year | -945.2% |
| 2021 | 3.75 % change on previous year | -125.4% |
| 2022 | 24.15 % change on previous year | +543.5% |
| 2023 | 4.89 % change on previous year | -79.8% |
Barbados compared with similar countries
- Barbados's 4.89 % change on previous year is above the median for high income countries, which is 4.06 % change on previous year, 1.2× the median. (73 countries reporting)
- Barbados's 4.89 % change on previous year is below the median for Latin America & Caribbean, which is 5.11 % change on previous year, 96% of the median. (38 countries reporting)
Biggest year-on-year movements
Years where Value Added (Total Manufacturing) — Value Standard Local Currency 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 |
|---|---|---|---|
| 2006 | +18970.9% | 0.1121 % change on previous year | 21.38 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 20.83 % change on previous year | 9.55 % change on previous year | 42.92 % change on previous year | 9 |
| 1980s | 6.19 % change on previous year | -12.27 % change on previous year | 34.63 % change on previous year | 10 |
| 1990s | 1.13 % change on previous year | -13.32 % change on previous year | 11.77 % change on previous year | 10 |
| 2000s | 4.63 % change on previous year | -5.78 % change on previous year | 21.38 % change on previous year | 10 |
| 2010s | -0.3958 % change on previous year | -13.19 % change on previous year | 8.41 % change on previous year | 10 |
| 2020s | 4.5 % change on previous year | -14.8 % change on previous year | 24.15 % change on previous year | 4 |
Countries ranked near Barbados
- 125 Montserrat 5.07 % change on previous year compare
- 126 Guinea 5.04 % change on previous year compare
- 127 Eswatini 4.97 % change on previous year compare
- 129 Sri Lanka 4.69 % change on previous year compare
- 130 San Marino 4.43 % change on previous year compare
- 131 Kazakhstan 4.41 % change on previous year 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 4.89 % change on previous year 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 42.92 % change on previous year in 1974.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in Barbados?
- The lowest recorded value was -14.8 % change on previous year in 2020.
- How does Barbados rank for value added (total manufacturing) — value standard local currency?
- Barbados ranks 128th out of 231 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 down 4.1%. 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 Value Added (Total Manufacturing) — Value Standard Local Currency, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 53 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Value Added (Total Manufacturing) — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Value Added (Total Manufacturing) — Value Standard Local Currency Food and Agriculture Organization of the United Nations
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
The year-on-year percentage change in Value Added (Total Manufacturing) — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.