Value Added (Total Manufacturing) — Value Standard Local Currency in Barbados
Barbados: Value Added (Total Manufacturing) — Value Standard Local Currency was 752.15 million SLC in 2023. ▲ Rising
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
The most recent figure for value added (total manufacturing) — value standard local currency in Barbados is 752.15 million SLC, measured in 2023. That is the highest value across all 54 years on record.
That represents a change of up 4.9% on the previous year and up 19.9% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in Barbados peaked at 752.15 million SLC in 2023 and was at its lowest, 45.12 million SLC, in 1970.
Barbados ranks 180th of 215 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 54 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 124.84 million SLC | 45.12 million SLC | 241.74 million SLC | 10 |
| 1980s | 397.21 million SLC | 325.45 million SLC | 468.4 million SLC | 10 |
| 1990s | 388.47 million SLC | 340.9 million SLC | 453 million SLC | 10 |
| 2000s | 576.08 million SLC | 468.2 million SLC | 737.94 million SLC | 10 |
| 2010s | 631.7 million SLC | 596.66 million SLC | 656.57 million SLC | 10 |
| 2020s | 650.88 million SLC | 556.69 million SLC | 752.15 million SLC | 4 |
Countries ranked near Barbados
- 177 Solomon Islands 1,257 million SLC compare
- 178 Fiji 1,146 million SLC compare
- 179 Sao Tome and Principe 899.47 million SLC compare
- 181 Greenland 662.33 million SLC compare
- 182 San Marino 616.9 million SLC compare
- 183 Netherlands Antilles (former) 422.75 million SLC compare
More economy & growth data for Barbados
- Inflation of consumer prices 0.8466 (2025)
- Gdp per capita worldbank constant usd 23,014 (2025)
- Manufacturing value added to gdp 4.95 (2024)
- Gdp worldbank constant usd 6.50 billion (2025)
- Gdp per capita in international and market dollars 23,014 (2025)
- DEC alternative conversion factor 2 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 181.00 million current LCU (2025)
- Net secondary income (Net current transfers from abroad) 90.50 million current US$ (2025)
- Taxes less subsidies on products 1.67 billion current LCU (2025)
- Taxes less subsidies on products 833.40 million current US$ (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 752.15 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 752.15 million SLC in 2023.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in Barbados?
- The lowest recorded value was 45.12 million SLC in 1970.
- How does Barbados rank for value added (total manufacturing) — value standard local currency?
- Barbados ranks 180th out of 215 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 19.9%. The long-run trend across the full record is rising.
- 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. 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).