GDP (current LCU) (UNESCO Institute) in Barbados

Barbados: GDP (current LCU) (UNESCO Institute) was 14.33 billion current LCU in 2024. ◆ Volatile

Latest (2024)
14.33 billion current LCU
Change on year
up 6.6%
World rank
176th
of 211 countries
All-time high
14.33 billion current LCU
in 2024
All-time low
332.42 million current LCU
in 1970
Years of data
55
1970–2024

GDP in Barbados, 1970–2024

05.0B10.0B15.0B197019972024

Source: UNESCO Institute for Statistics. Measured in current LCU.

Analysis

The most recent figure for gdp in Barbados is 14.33 billion current LCU, measured in 2024. That is the highest value across all 55 years on record.

Compared with earlier readings it is up 6.6% on the previous year and up 33.5% over ten years.

Over the whole period, gdp in Barbados peaked at 14.33 billion current LCU in 2024 and was at its lowest, 332.42 million current LCU, in 1970.

Barbados ranks 176th of 211 countries on this measure, in the bottom quarter.

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

GDP (current LCU) (UNESCO Institute) in Barbados, year by year

Annual values for GDP (current LCU) in Barbados, 1970 to 2024.
Year current LCU Change
1970 332.42 million current LCU —
1971 368.96 million current LCU +11.0%
1972 410.63 million current LCU +11.3%
1973 510.90 million current LCU +24.4%
1974 640.21 million current LCU +25.3%
1975 812.44 million current LCU +26.9%
1976 873.48 million current LCU +7.5%
1977 993.56 million current LCU +13.7%
1978 1.11 billion current LCU +11.9%
1979 1.35 billion current LCU +21.2%
1980 2.04 billion current LCU +51.0%
1981 2.24 billion current LCU +10.1%
1982 2.34 billion current LCU +4.5%
1983 2.49 billion current LCU +6.2%
1984 2.71 billion current LCU +9.0%
1985 2.83 billion current LCU +4.7%
1986 3.11 billion current LCU +9.8%
1987 3.43 billion current LCU +10.1%
1988 3.65 billion current LCU +6.4%
1989 4.04 billion current LCU +10.7%
1990 4.05 billion current LCU +0.3%
1991 4.06 billion current LCU +0.4%
1992 3.91 billion current LCU -3.7%
1993 4.15 billion current LCU +6.0%
1994 4.33 billion current LCU +4.3%
1995 4.46 billion current LCU +3.1%
1996 4.75 billion current LCU +6.6%
1997 5.03 billion current LCU +5.7%
1998 5.67 billion current LCU +12.8%
1999 5.94 billion current LCU +4.8%
2000 6.12 billion current LCU +3.1%
2001 6.11 billion current LCU -0.2%
2002 6.21 billion current LCU +1.7%
2003 6.42 billion current LCU +3.3%
2004 6.89 billion current LCU +7.3%
2005 7.64 billion current LCU +10.9%
2006 8.43 billion current LCU +10.4%
2007 9.35 billion current LCU +10.9%
2008 9.58 billion current LCU +2.5%
2009 8.93 billion current LCU -6.8%
2010 10.38 billion current LCU +16.2%
2011 10.68 billion current LCU +2.9%
2012 10.54 billion current LCU -1.3%
2013 10.72 billion current LCU +1.7%
2014 10.73 billion current LCU +0.1%
2015 10.58 billion current LCU -1.5%
2016 10.66 billion current LCU +0.8%
2017 11.03 billion current LCU +3.5%
2018 11.26 billion current LCU +2.0%
2019 11.58 billion current LCU +2.8%
2020 10.34 billion current LCU -10.7%
2021 10.55 billion current LCU +2.1%
2022 12.51 billion current LCU +18.6%
2023 13.44 billion current LCU +7.4%
2024 14.33 billion current LCU +6.6%

Barbados compared with similar countries

  • Barbados's 14.33 billion current LCU is below the median for high income countries, which is 220.22 billion current LCU, 7% of the median. (82 countries reporting)
  • Barbados's 14.33 billion current LCU is below the median for Latin America & Caribbean, which is 167.40 billion current LCU, 9% of the median. (40 countries reporting)

Biggest year-on-year movements

Years where GDP (current LCU) (UNESCO Institute) 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
1980 +51.0% 1.35 billion current LCU 2.04 billion current LCU

Averages by decade

DecadeAverage LowestHighest Years
1970s 740.29 million current LCU 332.42 million current LCU 1.35 billion current LCU 10
1980s 2.89 billion current LCU 2.04 billion current LCU 4.04 billion current LCU 10
1990s 4.63 billion current LCU 3.91 billion current LCU 5.94 billion current LCU 10
2000s 7.57 billion current LCU 6.11 billion current LCU 9.58 billion current LCU 10
2010s 10.82 billion current LCU 10.38 billion current LCU 11.58 billion current LCU 10
2020s 12.23 billion current LCU 10.34 billion current LCU 14.33 billion current LCU 5

Countries ranked near Barbados

  1. 173 Sao Tome and Principe 17.88 billion current LCU compare
  2. 174 Bahamas 15.83 billion current LCU compare
  3. 175 Solomon Islands 14.89 billion current LCU compare
  4. 177 Palestine 13.71 billion current LCU compare
  5. 178 Fiji 13.25 billion current LCU compare
  6. 179 Monaco 9.24 billion current LCU compare

See the full ranking of 211 places →

More population data for Barbados

All data for Barbados →

Frequently asked questions

What is gdp in Barbados?
Gdp in Barbados was 14.33 billion current LCU in 2024, according to UNESCO Institute for Statistics.
What is the highest gdp recorded in Barbados?
The highest recorded value was 14.33 billion current LCU in 2024.
What is the lowest gdp recorded in Barbados?
The lowest recorded value was 332.42 million current LCU in 1970.
How does Barbados rank for gdp?
Barbados ranks 176th out of 211 countries with data for 2024.
Is gdp rising or falling in Barbados?
Over the last ten years it is up 33.5%. The long-run trend across the full record is volatile.
Where does this Barbados data come from?
The figures come from UNESCO Institute for Statistics, published as part of GDP (current LCU). Statizoid updates them automatically from the source API.

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CSV · JSON — 55 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).

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GDP in Barbados. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 11 November 2026, from https://population.statizoid.com/stat/gdp-current-lcu-2/barbados/

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About this data

Indicator
GDP (current LCU)
Unit
current LCU
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
211 places, 10,385 data points, 1970–2024
Last refreshed

February 2026 Data Release