GDP at market prices (constant 2010 US$), annual growth rate in Barbados

Barbados: GDP at market prices (constant 2010 US$), annual growth rate was 3.8 % change on previous year in 2024. ◆ Volatile

Latest (2024)
3.8 % change on previous year
Change on year
down 7.2%
World rank
80th
of 208 countries
All-time high
17.83 % change on previous year
in 2022
All-time low
-15.05 % change on previous year
in 2020
Years of data
54
1971–2024

GDP at market prices (constant 2010 US$), annual growth rate in Barbados, 1971–2024

-20-1001020197119972024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2024, gdp at market prices (constant 2010 us$), annual growth rate in Barbados stood at 3.8 % change on previous year.

The figure is down 7.2% on the previous year and up 4,512.5% over ten years.

Over the whole period, gdp at market prices (constant 2010 us$), annual growth rate in Barbados peaked at 17.83 % change on previous year in 2022 and was at its lowest, -15.05 % change on previous year, in 2020.

Barbados ranks 80th of 208 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

GDP at market prices (constant 2010 US$), annual growth rate in Barbados, year by year

Annual values for GDP at market prices (constant 2010 US$), annual growth rate in Barbados, 1971 to 2024.
Year % change on previous year Change
1971 3.91 % change on previous year
1972 1.27 % change on previous year -67.4%
1973 1.34 % change on previous year +5.2%
1974 -4.65 % change on previous year -446.9%
1975 -1.9 % change on previous year -59.1%
1976 4.36 % change on previous year -329.5%
1977 3.64 % change on previous year -16.5%
1978 4.88 % change on previous year +33.9%
1979 7.89 % change on previous year +61.9%
1980 4.37 % change on previous year -44.6%
1981 -1.9 % change on previous year -143.4%
1982 -4.9 % change on previous year +158.0%
1983 0.5012 % change on previous year -110.2%
1984 3.6 % change on previous year +618.4%
1985 1.1 % change on previous year -69.5%
1986 5.1 % change on previous year +364.8%
1987 2.59 % change on previous year -49.2%
1988 3.51 % change on previous year +35.3%
1989 3.6 % change on previous year +2.7%
1990 -3.31 % change on previous year -191.9%
1991 -3.9 % change on previous year +17.9%
1992 -5.69 % change on previous year +46.0%
1993 0.7931 % change on previous year -113.9%
1994 2.01 % change on previous year +153.5%
1995 2.01 % change on previous year +0.2%
1996 3.98 % change on previous year +97.4%
1997 4.74 % change on previous year +19.2%
1998 3.73 % change on previous year -21.3%
1999 0.3346 % change on previous year -91.0%
2000 4.45 % change on previous year +1229.3%
2001 -2.37 % change on previous year -153.2%
2002 0.7875 % change on previous year -133.3%
2003 2.18 % change on previous year +176.3%
2004 1.41 % change on previous year -35.1%
2005 3.96 % change on previous year +180.2%
2006 6.07 % change on previous year +53.5%
2007 2.08 % change on previous year -65.7%
2008 0.6335 % change on previous year -69.5%
2009 -5.02 % change on previous year -892.0%
2010 -2.22 % change on previous year -55.8%
2011 -0.7314 % change on previous year -67.0%
2012 -0.3133 % change on previous year -57.2%
2013 -1.01 % change on previous year +222.5%
2014 0.0824 % change on previous year -108.2%
2015 -0.846 % change on previous year -1126.9%
2016 1.79 % change on previous year -311.8%
2017 0.1284 % change on previous year -92.8%
2018 -1.17 % change on previous year -1014.6%
2019 0.6526 % change on previous year -155.6%
2020 -15.05 % change on previous year -2406.9%
2021 -0.2549 % change on previous year -98.3%
2022 17.83 % change on previous year -7095.1%
2023 4.09 % change on previous year -77.0%
2024 3.8 % change on previous year -7.2%

Barbados compared with similar countries

  • Barbados's 3.8 % change on previous year is above the median for high income countries, which is 2.19 % change on previous year, 1.7× the median. (80 countries reporting)
  • Barbados's 3.8 % change on previous year is above the median for Latin America & Caribbean, which is 3.38 % change on previous year, 1.1× the median. (39 countries reporting)

Biggest year-on-year movements

Years where GDP at market prices (constant 2010 US$), annual growth rate 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.

YearChange FromTo
2022 +7095.1% -0.2549 % change on previous year 17.83 % change on previous year
2020 -2406.9% 0.6526 % change on previous year -15.05 % change on previous year
2000 +1229.3% 0.3346 % change on previous year 4.45 % change on previous year
2015 -1126.9% 0.0824 % change on previous year -0.846 % change on previous year
2018 -1014.6% 0.1284 % change on previous year -1.17 % change on previous year
2009 -892.0% 0.6335 % change on previous year -5.02 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 2.31 % change on previous year -4.65 % change on previous year 7.89 % change on previous year 9
1980s 1.76 % change on previous year -4.9 % change on previous year 5.1 % change on previous year 10
1990s 0.4697 % change on previous year -5.69 % change on previous year 4.74 % change on previous year 10
2000s 1.42 % change on previous year -5.02 % change on previous year 6.07 % change on previous year 10
2010s -0.3638 % change on previous year -2.22 % change on previous year 1.79 % change on previous year 10
2020s 2.08 % change on previous year -15.05 % change on previous year 17.83 % change on previous year 5

Countries ranked near Barbados

  1. 77 Tuvalu 3.85 % change on previous year compare
  2. 78 Fiji 3.83 % change on previous year compare
  3. 79 Croatia 3.81 % change on previous year compare
  4. 81 United Arab Emirates 3.76 % change on previous year compare
  5. 82 Namibia 3.71 % change on previous year compare
  6. 83 Grenada 3.69 % change on previous year compare

See the full ranking of 208 places →

More population data for Barbados

All data for Barbados →

Frequently asked questions

What is gdp at market prices (constant 2010 us$), annual growth rate in Barbados?
Gdp at market prices (constant 2010 us$), annual growth rate in Barbados was 3.8 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gdp at market prices (constant 2010 us$), annual growth rate recorded in Barbados?
The highest recorded value was 17.83 % change on previous year in 2022.
What is the lowest gdp at market prices (constant 2010 us$), annual growth rate recorded in Barbados?
The lowest recorded value was -15.05 % change on previous year in 2020.
How does Barbados rank for gdp at market prices (constant 2010 us$), annual growth rate?
Barbados ranks 80th out of 208 countries with data for 2024.
Is gdp at market prices (constant 2010 us$), annual growth rate rising or falling in Barbados?
Over the last ten years it is up 4,512.5%. 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 GDP at market prices (constant 2010 US$), annual growth rate. Statizoid updates them automatically from the source API.

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GDP at market prices (constant 2010 US$), annual growth rate in Barbados. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://population.statizoid.com/stat/gdp-at-market-prices-constant-2010-us-annual-growth-rate/barbados/

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How this figure is calculated

The year-on-year percentage change in GDP at market prices (constant 2010 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
GDP at market prices (constant 2010 US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
208 places, 9,896 data points, 1971–2024
Last refreshed

The year-on-year percentage change in GDP at market prices (constant 2010 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.