Value Added (Total Manufacturing) — Value US$, 2015 prices (2015) in Barbados
Barbados: Value Added (Total Manufacturing) — Value US$, 2015 prices (2015) was 324.24 million USD in 2023. ▼ Falling
Value Added (Total Manufacturing) — Value US$, 2015 prices in Barbados, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2023, value added (total manufacturing) — value us$, 2015 prices in Barbados stood at 324.24 million USD.
That represents a change of up 2.0% over ten years.
Over the whole period, value added (total manufacturing) — value us$, 2015 prices in Barbados peaked at 459.42 million USD in 1980 and was at its lowest, 246.67 million USD, in 1970.
That places Barbados 181st out of 236 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 54 years of available data.
Value Added (Total Manufacturing) — Value US$, 2015 prices (2015) in Barbados, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 246.67 million USD | — |
| 1971 | 268.97 million USD | +9.0% |
| 1972 | 297.07 million USD | +10.5% |
| 1973 | 318.4 million USD | +7.2% |
| 1974 | 303.37 million USD | -4.7% |
| 1975 | 335.84 million USD | +10.7% |
| 1976 | 392.55 million USD | +16.9% |
| 1977 | 405.14 million USD | +3.2% |
| 1978 | 441.98 million USD | +9.1% |
| 1979 | 449.73 million USD | +1.8% |
| 1980 | 459.42 million USD | +2.2% |
| 1981 | 442.94 million USD | -3.6% |
| 1982 | 419.2 million USD | -5.4% |
| 1983 | 429.86 million USD | +2.5% |
| 1984 | 438.1 million USD | +1.9% |
| 1985 | 396.42 million USD | -9.5% |
| 1986 | 416.78 million USD | +5.1% |
| 1987 | 389.15 million USD | -6.6% |
| 1988 | 415.32 million USD | +6.7% |
| 1989 | 437.61 million USD | +5.4% |
| 1990 | 425.98 million USD | -2.7% |
| 1991 | 402.24 million USD | -5.6% |
| 1992 | 368.31 million USD | -8.4% |
| 1993 | 357.65 million USD | -2.9% |
| 1994 | 381.88 million USD | +6.8% |
| 1995 | 414.35 million USD | +8.5% |
| 1996 | 410.48 million USD | -0.9% |
| 1997 | 425.98 million USD | +3.8% |
| 1998 | 440.52 million USD | +3.4% |
| 1999 | 429.86 million USD | -2.4% |
| 2000 | 427.92 million USD | -0.5% |
| 2001 | 393.03 million USD | -8.2% |
| 2002 | 394 million USD | +0.2% |
| 2003 | 391.09 million USD | -0.7% |
| 2004 | 396.42 million USD | +1.4% |
| 2005 | 404.75 million USD | +2.1% |
| 2006 | 402.19 million USD | -0.6% |
| 2007 | 400.7 million USD | -0.4% |
| 2008 | 413.73 million USD | +3.2% |
| 2009 | 358.38 million USD | -13.4% |
| 2010 | 342.35 million USD | -4.5% |
| 2011 | 340.27 million USD | -0.6% |
| 2012 | 326.53 million USD | -4.0% |
| 2013 | 317.77 million USD | -2.7% |
| 2014 | 304.03 million USD | -4.3% |
| 2015 | 321.47 million USD | +5.7% |
| 2016 | 322.46 million USD | +0.3% |
| 2017 | 322.88 million USD | +0.1% |
| 2018 | 307.83 million USD | -4.7% |
| 2019 | 315.51 million USD | +2.5% |
| 2020 | 270.1 million USD | -14.4% |
| 2021 | 274.37 million USD | +1.6% |
| 2022 | 324.38 million USD | +18.2% |
| 2023 | 324.24 million USD | -0.0% |
Barbados compared with similar countries
- Barbados's 324.24 million USD is below the median for high income countries, which is 9,626 million USD, 3% of the median. (73 countries reporting)
- Barbados's 324.24 million USD is below the median for Latin America & Caribbean, which is 2,333 million USD, 14% of the median. (38 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 345.97 million USD | 246.67 million USD | 449.73 million USD | 10 |
| 1980s | 424.48 million USD | 389.15 million USD | 459.42 million USD | 10 |
| 1990s | 405.73 million USD | 357.65 million USD | 440.52 million USD | 10 |
| 2000s | 398.22 million USD | 358.38 million USD | 427.92 million USD | 10 |
| 2010s | 322.11 million USD | 304.03 million USD | 342.35 million USD | 10 |
| 2020s | 298.27 million USD | 270.1 million USD | 324.38 million USD | 4 |
Countries ranked near Barbados
- 178 Central African Republic 376.69 million USD compare
- 179 Lesotho 352.19 million USD compare
- 180 Polynesia 344.89 million USD compare
- 182 Guyana 309.6 million USD compare
- 183 China, Macao SAR 293.64 million USD compare
- 184 French Polynesia 288.56 million USD compare
More economy & growth data for Barbados
- Real gdp growth, annual growth rate 85.61 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate -64.37 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.002 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 55.55 units per person (2025)
- SDRs holdings, SDR, annual growth rate -66.07 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0014 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 40.56 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -18.55 % change on previous year (2025)
Frequently asked questions
- What is value added (total manufacturing) — value us$, 2015 prices in Barbados?
- Value added (total manufacturing) — value us$, 2015 prices in Barbados was 324.24 million USD in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added (total manufacturing) — value us$, 2015 prices recorded in Barbados?
- The highest recorded value was 459.42 million USD in 1980.
- What is the lowest value added (total manufacturing) — value us$, 2015 prices recorded in Barbados?
- The lowest recorded value was 246.67 million USD in 1970.
- How does Barbados rank for value added (total manufacturing) — value us$, 2015 prices?
- Barbados ranks 181st out of 236 countries with data for 2023.
- Is value added (total manufacturing) — value us$, 2015 prices 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 US$, 2015 prices. Statizoid updates them automatically from the source API.
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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).