GDP at market prices (constant 2010 US$) in Barbados
Barbados: GDP at market prices (constant 2010 US$) was 5.78 billion constant 2010 US$ in 2024. ▲ Rising
Latest (2024)
5.78 billion constant 2010 US$
Change on year
up 3.8%
World rank
161st
of 208 countries
All-time high
5.86 billion constant 2010 US$
in 2008
All-time low
3.21 billion constant 2010 US$
in 1975
Years of data
55
1970–2024
GDP at market prices in Barbados, 1970–2024
Source: UNESCO Institute for Statistics. Measured in constant 2010 US$.
Analysis
The most recent figure for gdp at market prices in Barbados is 5.78 billion constant 2010 US$, measured in 2024.
Compared with earlier readings it is up 3.8% on the previous year and up 8.4% over ten years.
Over the whole period, gdp at market prices in Barbados peaked at 5.86 billion constant 2010 US$ in 2008 and was at its lowest, 3.21 billion constant 2010 US$, in 1975.
That places Barbados 161st out of 208 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 55 years of available data.
GDP at market prices (constant 2010 US$) in Barbados, year by year
| Year | constant 2010 US$ | Change |
|---|---|---|
| 1970 | 3.22 billion constant 2010 US$ | — |
| 1971 | 3.35 billion constant 2010 US$ | +3.9% |
| 1972 | 3.39 billion constant 2010 US$ | +1.3% |
| 1973 | 3.44 billion constant 2010 US$ | +1.3% |
| 1974 | 3.28 billion constant 2010 US$ | -4.7% |
| 1975 | 3.21 billion constant 2010 US$ | -1.9% |
| 1976 | 3.35 billion constant 2010 US$ | +4.4% |
| 1977 | 3.48 billion constant 2010 US$ | +3.6% |
| 1978 | 3.64 billion constant 2010 US$ | +4.9% |
| 1979 | 3.93 billion constant 2010 US$ | +7.9% |
| 1980 | 4.10 billion constant 2010 US$ | +4.4% |
| 1981 | 4.03 billion constant 2010 US$ | -1.9% |
| 1982 | 3.83 billion constant 2010 US$ | -4.9% |
| 1983 | 3.85 billion constant 2010 US$ | +0.5% |
| 1984 | 3.99 billion constant 2010 US$ | +3.6% |
| 1985 | 4.03 billion constant 2010 US$ | +1.1% |
| 1986 | 4.24 billion constant 2010 US$ | +5.1% |
| 1987 | 4.35 billion constant 2010 US$ | +2.6% |
| 1988 | 4.50 billion constant 2010 US$ | +3.5% |
| 1989 | 4.66 billion constant 2010 US$ | +3.6% |
| 1990 | 4.51 billion constant 2010 US$ | -3.3% |
| 1991 | 4.33 billion constant 2010 US$ | -3.9% |
| 1992 | 4.08 billion constant 2010 US$ | -5.7% |
| 1993 | 4.12 billion constant 2010 US$ | +0.8% |
| 1994 | 4.20 billion constant 2010 US$ | +2.0% |
| 1995 | 4.28 billion constant 2010 US$ | +2.0% |
| 1996 | 4.45 billion constant 2010 US$ | +4.0% |
| 1997 | 4.67 billion constant 2010 US$ | +4.7% |
| 1998 | 4.84 billion constant 2010 US$ | +3.7% |
| 1999 | 4.86 billion constant 2010 US$ | +0.3% |
| 2000 | 5.07 billion constant 2010 US$ | +4.4% |
| 2001 | 4.95 billion constant 2010 US$ | -2.4% |
| 2002 | 4.99 billion constant 2010 US$ | +0.8% |
| 2003 | 5.10 billion constant 2010 US$ | +2.2% |
| 2004 | 5.17 billion constant 2010 US$ | +1.4% |
| 2005 | 5.38 billion constant 2010 US$ | +4.0% |
| 2006 | 5.70 billion constant 2010 US$ | +6.1% |
| 2007 | 5.82 billion constant 2010 US$ | +2.1% |
| 2008 | 5.86 billion constant 2010 US$ | +0.6% |
| 2009 | 5.56 billion constant 2010 US$ | -5.0% |
| 2010 | 5.44 billion constant 2010 US$ | -2.2% |
| 2011 | 5.40 billion constant 2010 US$ | -0.7% |
| 2012 | 5.38 billion constant 2010 US$ | -0.3% |
| 2013 | 5.33 billion constant 2010 US$ | -1.0% |
| 2014 | 5.33 billion constant 2010 US$ | +0.1% |
| 2015 | 5.29 billion constant 2010 US$ | -0.8% |
| 2016 | 5.38 billion constant 2010 US$ | +1.8% |
| 2017 | 5.39 billion constant 2010 US$ | +0.1% |
| 2018 | 5.33 billion constant 2010 US$ | -1.2% |
| 2019 | 5.36 billion constant 2010 US$ | +0.7% |
| 2020 | 4.55 billion constant 2010 US$ | -15.1% |
| 2021 | 4.54 billion constant 2010 US$ | -0.3% |
| 2022 | 5.35 billion constant 2010 US$ | +17.8% |
| 2023 | 5.57 billion constant 2010 US$ | +4.1% |
| 2024 | 5.78 billion constant 2010 US$ | +3.8% |
Barbados compared with similar countries
- Barbados's 5.78 billion constant 2010 US$ is below the median for high income countries, which is 73.34 billion constant 2010 US$, 8% of the median. (80 countries reporting)
- Barbados's 5.78 billion constant 2010 US$ is below the median for Latin America & Caribbean, which is 22.14 billion constant 2010 US$, 26% of the median. (39 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.43 billion constant 2010 US$ | 3.21 billion constant 2010 US$ | 3.93 billion constant 2010 US$ | 10 |
| 1980s | 4.16 billion constant 2010 US$ | 3.83 billion constant 2010 US$ | 4.66 billion constant 2010 US$ | 10 |
| 1990s | 4.43 billion constant 2010 US$ | 4.08 billion constant 2010 US$ | 4.86 billion constant 2010 US$ | 10 |
| 2000s | 5.36 billion constant 2010 US$ | 4.95 billion constant 2010 US$ | 5.86 billion constant 2010 US$ | 10 |
| 2010s | 5.36 billion constant 2010 US$ | 5.29 billion constant 2010 US$ | 5.44 billion constant 2010 US$ | 10 |
| 2020s | 5.16 billion constant 2010 US$ | 4.54 billion constant 2010 US$ | 5.78 billion constant 2010 US$ | 5 |
Countries ranked near Barbados
- 158 Maldives 6.31 billion constant 2010 US$ compare
- 159 French Polynesia 6.07 billion constant 2010 US$ compare
- 160 Cayman Islands 5.95 billion constant 2010 US$ compare
- 162 Guam 5.72 billion constant 2010 US$ compare
- 163 Fiji 5.50 billion constant 2010 US$ compare
- 164 Montenegro 5.34 billion constant 2010 US$ compare
More population data for Barbados
- Population regions with projections, annual growth rate -0.7043 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate -4.04 % change on previous year (2050)
- Population long run with projections, annual growth rate -0.7043 % change on previous year (2100)
- Un population 2024 vs 2022, annual growth rate -0.6177 % change on previous year (2100)
- Africa's Development Dynamics (AfDD) Table 05 - Demographic estimates 267.79 Persons (2050)
- Africa's Development Dynamics (AfDD) Table 03 - Annual population -0.0106 Percent per annum (2030)
- Projected population under age 5, annual growth rate -0.9003 % change on previous year (2100)
- Population growth rate -0.709 (2100)
- Population density 452.82 (2100)
- Projected population under age 5 8,035 (2100)
Frequently asked questions
- What is gdp at market prices in Barbados?
- Gdp at market prices in Barbados was 5.78 billion constant 2010 US$ in 2024, according to UNESCO Institute for Statistics.
- What is the highest gdp at market prices recorded in Barbados?
- The highest recorded value was 5.86 billion constant 2010 US$ in 2008.
- What is the lowest gdp at market prices recorded in Barbados?
- The lowest recorded value was 3.21 billion constant 2010 US$ in 1975.
- How does Barbados rank for gdp at market prices?
- Barbados ranks 161st out of 208 countries with data for 2024.
- Is gdp at market prices rising or falling in Barbados?
- Over the last ten years it is up 8.4%. The long-run trend across the full record is rising.
- Where does this Barbados data come from?
- The figures come from UNESCO Institute for Statistics, published as part of GDP at market prices (constant 2010 US$). Statizoid updates them automatically from the source API.
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About this data
February 2026 Data Release