GDP (current US$), annual growth rate in Barbados

Barbados: GDP (current US$), annual growth rate was 6.61 % change on previous year in 2024. ◆ Volatile

Latest (2024)
6.61 % change on previous year
Change on year
down 10.7%
World rank
88th
of 211 countries
All-time high
51.01 % change on previous year
in 1980
All-time low
-10.71 % change on previous year
in 2020
Years of data
54
1971–2024

GDP (current US$), annual growth rate in Barbados, 1971–2024

-200204060197119972024

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

Analysis

The most recent figure for gdp (current us$), annual growth rate in Barbados is 6.61 % change on previous year, measured in 2024.

Compared with earlier readings it is down 10.7% on the previous year and up 7,252.6% over ten years.

Over the whole period, gdp (current us$), annual growth rate in Barbados peaked at 51.01 % change on previous year in 1980 and was at its lowest, -10.71 % change on previous year, in 2020.

Barbados ranks 88th of 211 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 (current US$), annual growth rate in Barbados, year by year

Annual values for GDP (current US$), annual growth rate in Barbados, 1971 to 2024.
Year % change on previous year Change
1971 12.4 % change on previous year
1972 14.4 % change on previous year +16.1%
1973 22.01 % change on previous year +52.9%
1974 19.57 % change on previous year -11.1%
1975 28.98 % change on previous year +48.1%
1976 8.39 % change on previous year -71.1%
1977 13.58 % change on previous year +61.9%
1978 11.67 % change on previous year -14.0%
1979 21.25 % change on previous year +82.1%
1980 51.01 % change on previous year +140.0%
1981 10.07 % change on previous year -80.3%
1982 4.46 % change on previous year -55.7%
1983 6.19 % change on previous year +38.8%
1984 8.97 % change on previous year +44.8%
1985 4.65 % change on previous year -48.1%
1986 9.81 % change on previous year +110.8%
1987 10.12 % change on previous year +3.2%
1988 6.36 % change on previous year -37.1%
1989 10.67 % change on previous year +67.8%
1990 0.2971 % change on previous year -97.2%
1991 0.42 % change on previous year +41.4%
1992 -3.15 % change on previous year -849.3%
1993 5.43 % change on previous year -272.7%
1994 4.26 % change on previous year -21.5%
1995 3.05 % change on previous year -28.5%
1996 6.62 % change on previous year +116.9%
1997 5.7 % change on previous year -13.8%
1998 12.76 % change on previous year +123.8%
1999 4.78 % change on previous year -62.5%
2000 3.65 % change on previous year -23.7%
2001 -0.1634 % change on previous year -104.5%
2002 1.7 % change on previous year -1141.7%
2003 3.32 % change on previous year +94.8%
2004 7.32 % change on previous year +120.8%
2005 10.89 % change on previous year +48.7%
2006 10.42 % change on previous year -4.3%
2007 10.87 % change on previous year +4.4%
2008 2.45 % change on previous year -77.4%
2009 -6.76 % change on previous year -375.5%
2010 16.22 % change on previous year -340.1%
2011 2.91 % change on previous year -82.1%
2012 -1.33 % change on previous year -145.6%
2013 1.71 % change on previous year -228.5%
2014 0.0899 % change on previous year -94.7%
2015 -1.45 % change on previous year -1715.1%
2016 0.8075 % change on previous year -155.6%
2017 3.5 % change on previous year +333.5%
2018 2.04 % change on previous year -41.7%
2019 2.81 % change on previous year +37.9%
2020 -10.71 % change on previous year -480.7%
2021 2.07 % change on previous year -119.3%
2022 18.62 % change on previous year +800.1%
2023 7.41 % change on previous year -60.2%
2024 6.61 % change on previous year -10.7%

Barbados compared with similar countries

  • Barbados's 6.61 % change on previous year is above the median for high income countries, which is 5.39 % change on previous year, 1.2× the median. (82 countries reporting)
  • Barbados's 6.61 % change on previous year is above the median for Latin America & Caribbean, which is 6.41 % change on previous year, 1.0× the median. (40 countries reporting)

Biggest year-on-year movements

Years where GDP (current 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
2015 -1715.1% 0.0899 % change on previous year -1.45 % change on previous year
2002 +1141.7% -0.1634 % change on previous year 1.7 % change on previous year
1992 -849.3% 0.42 % change on previous year -3.15 % change on previous year
2022 +800.1% 2.07 % change on previous year 18.62 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 16.92 % change on previous year 8.39 % change on previous year 28.98 % change on previous year 9
1980s 12.23 % change on previous year 4.46 % change on previous year 51.01 % change on previous year 10
1990s 4.02 % change on previous year -3.15 % change on previous year 12.76 % change on previous year 10
2000s 4.37 % change on previous year -6.76 % change on previous year 10.89 % change on previous year 10
2010s 2.73 % change on previous year -1.45 % change on previous year 16.22 % change on previous year 10
2020s 4.8 % change on previous year -10.71 % change on previous year 18.62 % change on previous year 5

Countries ranked near Barbados

  1. 85 Andorra 6.73 % change on previous year compare
  2. 86 Curacao 6.71 % change on previous year compare
  3. 87 Kiribati 6.67 % change on previous year compare
  4. 89 Sint Maarten (Dutch part) 6.6 % change on previous year compare
  5. 90 Portugal 6.55 % change on previous year compare
  6. 91 Turks and Caicos Islands 6.51 % change on previous year compare

See the full ranking of 211 places →

More population data for Barbados

All data for Barbados →

Frequently asked questions

What is gdp (current us$), annual growth rate in Barbados?
Gdp (current us$), annual growth rate in Barbados was 6.61 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gdp (current us$), annual growth rate recorded in Barbados?
The highest recorded value was 51.01 % change on previous year in 1980.
What is the lowest gdp (current us$), annual growth rate recorded in Barbados?
The lowest recorded value was -10.71 % change on previous year in 2020.
How does Barbados rank for gdp (current us$), annual growth rate?
Barbados ranks 88th out of 211 countries with data for 2024.
Is gdp (current us$), annual growth rate rising or falling in Barbados?
Over the last ten years it is up 7,252.6%. 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 (current US$), annual growth rate. Statizoid updates them automatically from the source API.

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GDP (current US$), annual growth rate in Barbados. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://population.statizoid.com/stat/gdp-current-us-annual-growth-rate-2/barbados/

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How this figure is calculated

The year-on-year percentage change in GDP (current 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 (current US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
211 places, 10,102 data points, 1971–2024
Last refreshed

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