GDP growth (annual %) (UNESCO Institute) in Barbados
Barbados: GDP growth (annual %) (UNESCO Institute) was 3.8% in 2024. ◆ Volatile
GDP growth in Barbados, 1970–2024
Source: UNESCO Institute for Statistics. Measured in annual %.
Analysis
Barbados recorded 3.8% for gdp growth in 2024.
Compared with earlier readings it is down 7.2% on the previous year and up 4,511.1% over ten years.
Over the whole period, gdp growth in Barbados peaked at 17.8% in 2022 and was at its lowest, -15.1%, in 2020.
That places Barbados 81st out of 212 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP growth (annual %) (UNESCO Institute) in Barbados, year by year
| Year | annual % | Change |
|---|---|---|
| 1970 | 9.5% | — |
| 1971 | 3.9% | -58.9% |
| 1972 | 1.3% | -67.4% |
| 1973 | 1.3% | +5.3% |
| 1974 | -4.7% | -446.9% |
| 1975 | -1.9% | -59.1% |
| 1976 | 4.4% | -329.5% |
| 1977 | 3.6% | -16.5% |
| 1978 | 4.9% | +33.9% |
| 1979 | 7.9% | +61.8% |
| 1980 | 4.4% | -44.6% |
| 1981 | -1.9% | -143.4% |
| 1982 | -4.9% | +158.0% |
| 1983 | 0.5% | -110.2% |
| 1984 | 3.6% | +618.3% |
| 1985 | 1.1% | -69.5% |
| 1986 | 5.1% | +364.8% |
| 1987 | 2.6% | -49.2% |
| 1988 | 3.5% | +35.3% |
| 1989 | 3.6% | +2.7% |
| 1990 | -3.3% | -191.9% |
| 1991 | -3.9% | +17.9% |
| 1992 | -5.7% | +46.0% |
| 1993 | 0.8% | -113.9% |
| 1994 | 2.0% | +153.5% |
| 1995 | 2.0% | +0.2% |
| 1996 | 4.0% | +97.4% |
| 1997 | 4.7% | +19.2% |
| 1998 | 3.7% | -21.3% |
| 1999 | 0.3% | -91.0% |
| 2000 | 4.4% | +1228.9% |
| 2001 | -2.4% | -153.2% |
| 2002 | 0.8% | -133.3% |
| 2003 | 2.2% | +176.3% |
| 2004 | 1.4% | -35.1% |
| 2005 | 4.0% | +180.2% |
| 2006 | 6.1% | +53.5% |
| 2007 | 2.1% | -65.7% |
| 2008 | 0.6% | -69.5% |
| 2009 | -5.0% | -892.0% |
| 2010 | -2.2% | -55.8% |
| 2011 | -0.7% | -67.0% |
| 2012 | -0.3% | -57.2% |
| 2013 | -1.0% | +222.5% |
| 2014 | 0.1% | -108.2% |
| 2015 | -0.8% | -1126.7% |
| 2016 | 1.8% | -311.8% |
| 2017 | 0.1% | -92.8% |
| 2018 | -1.2% | -1014.0% |
| 2019 | 0.7% | -155.6% |
| 2020 | -15.1% | -2406.9% |
| 2021 | -0.3% | -98.3% |
| 2022 | 17.8% | -7094.1% |
| 2023 | 4.1% | -77.0% |
| 2024 | 3.8% | -7.2% |
Barbados compared with similar countries
- Barbados's 3.8% is above the median for high income countries, which is 2.3%, 1.7× the median. (83 countries reporting)
- Barbados's 3.8% is above the median for Latin America & Caribbean, which is 3.4%, 1.1× the median. (41 countries reporting)
Biggest year-on-year movements
Years where GDP growth (annual %) (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 |
|---|---|---|---|
| 2022 | +7094.1% | -0.3% | 17.8% |
| 2020 | -2406.9% | 0.7% | -15.1% |
| 2000 | +1228.9% | 0.3% | 4.4% |
| 2015 | -1126.7% | 0.1% | -0.8% |
| 2018 | -1014.0% | 0.1% | -1.2% |
| 2009 | -892.0% | 0.6% | -5.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.0% | -4.7% | 9.5% | 10 |
| 1980s | 1.8% | -4.9% | 5.1% | 10 |
| 1990s | 0.5% | -5.7% | 4.7% | 10 |
| 2000s | 1.4% | -5.0% | 6.1% | 10 |
| 2010s | -0.4% | -2.2% | 1.8% | 10 |
| 2020s | 2.1% | -15.1% | 17.8% | 5 |
Countries ranked near Barbados
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 growth in Barbados?
- Gdp growth in Barbados was 3.8% in 2024, according to UNESCO Institute for Statistics.
- What is the highest gdp growth recorded in Barbados?
- The highest recorded value was 17.8% in 2022.
- What is the lowest gdp growth recorded in Barbados?
- The lowest recorded value was -15.1% in 2020.
- How does Barbados rank for gdp growth?
- Barbados ranks 81st out of 212 countries with data for 2024.
- Is gdp growth rising or falling in Barbados?
- Over the last ten years it is up 4,511.1%. 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 growth (annual %). 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