Value Added (Total Manufacturing) — Value Standard Local Currency in Barbados
Barbados: Value Added (Total Manufacturing) — Value Standard Local Currency was 0.0027 million SLC per person in 2023. ▲ Rising
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 0.0027 million SLC per person.
That represents a change of up 4.9% on the previous year and up 18.0% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in Barbados peaked at 0.0027 million SLC per person in 2008 and was at its lowest, 0.0002 million SLC per person, in 1970.
Barbados ranks 139th of 194 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising 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 | 0.0002 million SLC per person | — |
| 1971 | 0.0002 million SLC per person | +16.6% |
| 1972 | 0.0002 million SLC per person | +15.3% |
| 1973 | 0.0003 million SLC per person | +27.7% |
| 1974 | 0.0004 million SLC per person | +42.7% |
| 1975 | 0.0005 million SLC per person | +14.5% |
| 1976 | 0.0006 million SLC per person | +17.8% |
| 1977 | 0.0007 million SLC per person | +20.9% |
| 1978 | 0.0008 million SLC per person | +9.6% |
| 1979 | 0.001 million SLC per person | +21.4% |
| 1980 | 0.0013 million SLC per person | +34.5% |
| 1981 | 0.0013 million SLC per person | +3.1% |
| 1982 | 0.0014 million SLC per person | +8.0% |
| 1983 | 0.0017 million SLC per person | +15.7% |
| 1984 | 0.0018 million SLC per person | +10.2% |
| 1985 | 0.0016 million SLC per person | -12.6% |
| 1986 | 0.0016 million SLC per person | -1.3% |
| 1987 | 0.0015 million SLC per person | -2.7% |
| 1988 | 0.0017 million SLC per person | +7.2% |
| 1989 | 0.0016 million SLC per person | -3.0% |
| 1990 | 0.0016 million SLC per person | +1.7% |
| 1991 | 0.0015 million SLC per person | -5.9% |
| 1992 | 0.0013 million SLC per person | -13.6% |
| 1993 | 0.0013 million SLC per person | +0.4% |
| 1994 | 0.0013 million SLC per person | -2.1% |
| 1995 | 0.0014 million SLC per person | +4.3% |
| 1996 | 0.0014 million SLC per person | +5.3% |
| 1997 | 0.0015 million SLC per person | +6.6% |
| 1998 | 0.0017 million SLC per person | +11.7% |
| 1999 | 0.0017 million SLC per person | +1.2% |
| 2000 | 0.0018 million SLC per person | +4.8% |
| 2001 | 0.0018 million SLC per person | +0.3% |
| 2002 | 0.0018 million SLC per person | -2.3% |
| 2003 | 0.002 million SLC per person | +10.2% |
| 2004 | 0.002 million SLC per person | +2.5% |
| 2005 | 0.002 million SLC per person | -0.4% |
| 2006 | 0.0024 million SLC per person | +20.8% |
| 2007 | 0.0025 million SLC per person | +2.3% |
| 2008 | 0.0027 million SLC per person | +9.8% |
| 2009 | 0.0025 million SLC per person | -6.3% |
| 2010 | 0.0022 million SLC per person | -13.5% |
| 2011 | 0.0024 million SLC per person | +8.1% |
| 2012 | 0.0022 million SLC per person | -9.1% |
| 2013 | 0.0023 million SLC per person | +4.8% |
| 2014 | 0.0022 million SLC per person | -4.7% |
| 2015 | 0.0023 million SLC per person | +7.1% |
| 2016 | 0.0023 million SLC per person | -0.4% |
| 2017 | 0.0023 million SLC per person | +2.1% |
| 2018 | 0.0023 million SLC per person | -2.4% |
| 2019 | 0.0023 million SLC per person | +1.6% |
| 2020 | 0.002 million SLC per person | -14.9% |
| 2021 | 0.002 million SLC per person | +3.6% |
| 2022 | 0.0025 million SLC per person | +24.1% |
| 2023 | 0.0027 million SLC per person | +4.9% |
Barbados compared with similar countries
- Barbados's 0.0027 million SLC per person is below the median for high income countries, which is 0.0067 million SLC per person, 40% of the median. (73 countries reporting)
- Barbados's 0.0027 million SLC per person is below the median for Latin America & Caribbean, which is 0.0032 million SLC per person, 83% of the median. (38 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0005 million SLC per person | 0.0002 million SLC per person | 0.001 million SLC per person | 10 |
| 1980s | 0.0016 million SLC per person | 0.0013 million SLC per person | 0.0018 million SLC per person | 10 |
| 1990s | 0.0015 million SLC per person | 0.0013 million SLC per person | 0.0017 million SLC per person | 10 |
| 2000s | 0.0021 million SLC per person | 0.0018 million SLC per person | 0.0027 million SLC per person | 10 |
| 2010s | 0.0023 million SLC per person | 0.0022 million SLC per person | 0.0024 million SLC per person | 10 |
| 2020s | 0.0023 million SLC per person | 0.002 million SLC per person | 0.0027 million SLC per person | 4 |
Countries ranked near Barbados
- 136 Portugal 0.003 million SLC per person compare
- 137 Mozambique 0.0028 million SLC per person compare
- 138 Ghana 0.0028 million SLC per person compare
- 140 Afghanistan 0.0025 million SLC per person compare
- 141 Croatia 0.0025 million SLC per person compare
- 142 Lesotho 0.0024 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 0.0027 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 0.0027 million SLC per person in 2008.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in Barbados?
- The lowest recorded value was 0.0002 million SLC per person in 1970.
- How does Barbados rank for value added (total manufacturing) — value standard local currency?
- Barbados ranks 139th 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 18.0%. The long-run trend across the full record is rising.
- 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, 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 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 ÷ 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 divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.