GDP (current US$) (UNESCO Institute) in Barbados
Barbados: GDP (current US$) (UNESCO Institute) was 7.17 billion current US$ in 2024. ◆ Volatile
Latest (2024)
7.17 billion current US$
Change on year
up 6.6%
World rank
162nd
of 211 countries
All-time high
7.17 billion current US$
in 2024
All-time low
166.21 million current US$
in 1970
Years of data
55
1970–2024
GDP in Barbados, 1970–2024
Source: UNESCO Institute for Statistics. Measured in current US$.
Analysis
In 2024, gdp in Barbados stood at 7.17 billion current US$. That is the highest value across all 55 years on record.
The figure is up 6.6% on the previous year and up 33.5% over ten years.
Over the whole period, gdp in Barbados peaked at 7.17 billion current US$ in 2024 and was at its lowest, 166.21 million current US$, in 1970.
That places Barbados 162nd out of 211 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GDP (current US$) (UNESCO Institute) in Barbados, year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 166.21 million current US$ | — |
| 1971 | 186.83 million current US$ | +12.4% |
| 1972 | 213.72 million current US$ | +14.4% |
| 1973 | 260.77 million current US$ | +22.0% |
| 1974 | 311.81 million current US$ | +19.6% |
| 1975 | 402.18 million current US$ | +29.0% |
| 1976 | 435.91 million current US$ | +8.4% |
| 1977 | 495.10 million current US$ | +13.6% |
| 1978 | 552.88 million current US$ | +11.7% |
| 1979 | 670.36 million current US$ | +21.2% |
| 1980 | 1.01 billion current US$ | +51.0% |
| 1981 | 1.11 billion current US$ | +10.1% |
| 1982 | 1.16 billion current US$ | +4.5% |
| 1983 | 1.24 billion current US$ | +6.2% |
| 1984 | 1.35 billion current US$ | +9.0% |
| 1985 | 1.41 billion current US$ | +4.7% |
| 1986 | 1.55 billion current US$ | +9.8% |
| 1987 | 1.70 billion current US$ | +10.1% |
| 1988 | 1.81 billion current US$ | +6.4% |
| 1989 | 2.01 billion current US$ | +10.7% |
| 1990 | 2.01 billion current US$ | +0.3% |
| 1991 | 2.02 billion current US$ | +0.4% |
| 1992 | 1.96 billion current US$ | -3.1% |
| 1993 | 2.06 billion current US$ | +5.4% |
| 1994 | 2.15 billion current US$ | +4.3% |
| 1995 | 2.22 billion current US$ | +3.1% |
| 1996 | 2.36 billion current US$ | +6.6% |
| 1997 | 2.50 billion current US$ | +5.7% |
| 1998 | 2.82 billion current US$ | +12.8% |
| 1999 | 2.95 billion current US$ | +4.8% |
| 2000 | 3.06 billion current US$ | +3.6% |
| 2001 | 3.05 billion current US$ | -0.2% |
| 2002 | 3.11 billion current US$ | +1.7% |
| 2003 | 3.21 billion current US$ | +3.3% |
| 2004 | 3.44 billion current US$ | +7.3% |
| 2005 | 3.82 billion current US$ | +10.9% |
| 2006 | 4.22 billion current US$ | +10.4% |
| 2007 | 4.68 billion current US$ | +10.9% |
| 2008 | 4.79 billion current US$ | +2.5% |
| 2009 | 4.47 billion current US$ | -6.8% |
| 2010 | 5.19 billion current US$ | +16.2% |
| 2011 | 5.34 billion current US$ | +2.9% |
| 2012 | 5.27 billion current US$ | -1.3% |
| 2013 | 5.36 billion current US$ | +1.7% |
| 2014 | 5.37 billion current US$ | +0.1% |
| 2015 | 5.29 billion current US$ | -1.5% |
| 2016 | 5.33 billion current US$ | +0.8% |
| 2017 | 5.52 billion current US$ | +3.5% |
| 2018 | 5.63 billion current US$ | +2.0% |
| 2019 | 5.79 billion current US$ | +2.8% |
| 2020 | 5.17 billion current US$ | -10.7% |
| 2021 | 5.28 billion current US$ | +2.1% |
| 2022 | 6.26 billion current US$ | +18.6% |
| 2023 | 6.72 billion current US$ | +7.4% |
| 2024 | 7.17 billion current US$ | +6.6% |
Barbados compared with similar countries
- Barbados's 7.17 billion current US$ is below the median for high income countries, which is 92.86 billion current US$, 8% of the median. (82 countries reporting)
- Barbados's 7.17 billion current US$ is below the median for Latin America & Caribbean, which is 25.83 billion current US$, 28% of the median. (40 countries reporting)
Biggest year-on-year movements
Years where GDP (current US$) (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.
| Year | Change | From | To |
|---|---|---|---|
| 1980 | +51.0% | 670.36 million current US$ | 1.01 billion current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 369.58 million current US$ | 166.21 million current US$ | 670.36 million current US$ | 10 |
| 1980s | 1.44 billion current US$ | 1.01 billion current US$ | 2.01 billion current US$ | 10 |
| 1990s | 2.31 billion current US$ | 1.96 billion current US$ | 2.95 billion current US$ | 10 |
| 2000s | 3.78 billion current US$ | 3.05 billion current US$ | 4.79 billion current US$ | 10 |
| 2010s | 5.41 billion current US$ | 5.19 billion current US$ | 5.79 billion current US$ | 10 |
| 2020s | 6.12 billion current US$ | 5.17 billion current US$ | 7.17 billion current US$ | 5 |
Countries ranked near Barbados
- 159 Montenegro 8.07 billion current US$ compare
- 160 Sierra Leone 7.55 billion current US$ compare
- 161 Isle of Man 7.43 billion current US$ compare
- 163 Cayman Islands 7.14 billion current US$ compare
- 164 Maldives 6.98 billion current US$ compare
- 165 Guam 6.91 billion current 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 in Barbados?
- Gdp in Barbados was 7.17 billion current US$ in 2024, according to UNESCO Institute for Statistics.
- What is the highest gdp recorded in Barbados?
- The highest recorded value was 7.17 billion current US$ in 2024.
- What is the lowest gdp recorded in Barbados?
- The lowest recorded value was 166.21 million current US$ in 1970.
- How does Barbados rank for gdp?
- Barbados ranks 162nd 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 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).
About this data
February 2026 Data Release