Price level ratio of PPP conversion factor (GDP) to market exchange in Barbados
Barbados: Price level ratio of PPP conversion factor (GDP) to market exchange was 1.12 in 2024. ▲ Rising
Latest (2024)
1.12
Change on year
up 0.3%
World rank
3rd
of 202 countries
All-time high
1.19
in 2021
All-time low
0.7028
in 1990
Years of data
35
1990–2024
Price level ratio of PPP conversion factor (GDP) to market exchange in Barbados, 1990–2024
Source: UNESCO Institute for Statistics.
Analysis
In 2024, price level ratio of ppp conversion factor (gdp) to market exchange in Barbados stood at 1.12.
The figure is up 0.3% on the previous year and up 3.0% over ten years.
Over the whole period, price level ratio of ppp conversion factor (gdp) to market exchange in Barbados peaked at 1.19 in 2021 and was at its lowest, 0.7028, in 1990.
Barbados ranks 3rd of 202 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 35 years of available data.
Price level ratio of PPP conversion factor (GDP) to market exchange in Barbados, year by year
| Year | Value | Change |
|---|---|---|
| 1990 | 0.7028 | — |
| 1991 | 0.7104 | +1.1% |
| 1992 | 0.7133 | +0.4% |
| 1993 | 0.7289 | +2.2% |
| 1994 | 0.7294 | +0.1% |
| 1995 | 0.7217 | -1.1% |
| 1996 | 0.7267 | +0.7% |
| 1997 | 0.7209 | -0.8% |
| 1998 | 0.775 | +7.5% |
| 1999 | 0.798 | +3.0% |
| 2000 | 0.7744 | -3.0% |
| 2001 | 0.7744 | +0.0% |
| 2002 | 0.7695 | -0.6% |
| 2003 | 0.763 | -0.8% |
| 2004 | 0.7863 | +3.1% |
| 2005 | 0.8133 | +3.4% |
| 2006 | 0.8213 | +1.0% |
| 2007 | 0.8685 | +5.7% |
| 2008 | 0.8674 | -0.1% |
| 2009 | 0.8464 | -2.4% |
| 2010 | 0.9938 | +17.4% |
| 2011 | 1.01 | +1.6% |
| 2012 | 1.06 | +5.1% |
| 2013 | 1.07 | +1.1% |
| 2014 | 1.09 | +1.3% |
| 2015 | 1.06 | -2.0% |
| 2016 | 1.06 | -0.6% |
| 2017 | 1.1 | +4.0% |
| 2018 | 1.08 | -1.7% |
| 2019 | 1.1 | +1.5% |
| 2020 | 1.16 | +5.7% |
| 2021 | 1.19 | +2.8% |
| 2022 | 1.12 | -6.0% |
| 2023 | 1.12 | -0.4% |
| 2024 | 1.12 | +0.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.7327 | 0.7028 | 0.798 | 10 |
| 2000s | 0.8084 | 0.763 | 0.8685 | 10 |
| 2010s | 1.06 | 0.9938 | 1.1 | 10 |
| 2020s | 1.14 | 1.12 | 1.19 | 5 |
Countries ranked near Barbados
- 1 Bermuda 1.16 compare
- 2 Cayman Islands 1.13 compare
- 4 Switzerland 1.1 compare
- 5 Iceland 1.06 compare
- 6 Tuvalu 1.03 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)
- World population growth -0.7% (2100)
- Population density 452.82 people per km² (2100)
- Number of children under 5, by world region 8,035 people (2100)
Frequently asked questions
- What is price level ratio of ppp conversion factor (gdp) to market exchange in Barbados?
- Price level ratio of ppp conversion factor (gdp) to market exchange in Barbados was 1.12 in 2024, according to UNESCO Institute for Statistics.
- What is the highest price level ratio of ppp conversion factor (gdp) to market exchange recorded in Barbados?
- The highest recorded value was 1.19 in 2021.
- What is the lowest price level ratio of ppp conversion factor (gdp) to market exchange recorded in Barbados?
- The lowest recorded value was 0.7028 in 1990.
- How does Barbados rank for price level ratio of ppp conversion factor (gdp) to market exchange?
- Barbados ranks 3rd out of 202 countries with data for 2024.
- Is price level ratio of ppp conversion factor (gdp) to market exchange rising or falling in Barbados?
- Over the last ten years it is up 3.0%. 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 Price level ratio of PPP conversion factor (GDP) to market exchange rate. Statizoid updates them automatically from the source API.
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About this data
February 2026 Data Release