Economy & Growth in Barbados 881 indicators covering economy & growth for Barbados. IndicatorLatest Year10-yr change Rank Adjusted net national income 4.16 billion current US$ 2021 up 8.7% 152nd Adjusted net national income per capita 14,760 current US$ 2021 up 6.4% 47th Services, value added per worker 41,660 constant 2015 US$ 2024 down 2.6% 36th Portfolio Investment, net 67.99 million BoP, current US$ 2017 up 31.8% 82nd Africa's Development Dynamics (AfDD) Table 16 - Public finances 26.86 Percentage of GDP 2029 up 4.0% 90th PPP conversion factor, households and NPISHs Final consumption 2.64 LCU per international $ 2021 up 10.2% 119th Price level index 131.87 Households and NPISHs Final consumption expenditure 2021 up 10.2% 3rd Portfolio equity, net inflows (BoP, current US$), annual growth rate 267.97 % change on previous year 2017 up 101.0% 18th GDP per capita vs. Electoral Democracy Index 11,546 international-$ in 2011 prices 2022 down 2.6% 90th Total GDP vs. GDP per capita 3.41 billion international-$ in 2011 prices 2022 down 0.2% 159th GDP per capita 11,546 international-$ in 2011 prices 2022 down 2.6% 90th Gross domestic product (GDP) by world region 3.41 billion international-$ in 2011 prices 2022 down 0.2% 159th Gross domestic product (GDP) 3.41 billion international-$ in 2011 prices 2022 down 0.2% 159th Tax revenue as share of GDP vs. GDP per capita 26.2% 2023 up 29.4% 59th Government spending as share of GDP 29.7% 2024 up 2.2% 79th Government spending as share of GDP vs. GDP per capita 29.7% 2024 up 2.2% 79th Consumer Prices, General Indices (2015 = 100) — Value 146.59 2026 up 42.3% 80th Total FDI inflows — Value US$, 2015 prices 176 million USD 2023 up 51.5% 127th Personal transfers, receipts 38.32 million BoP, current US$ 2017 down 57.4% 148th Gross Domestic Product, GDP in millions constant 2021 international $ 12.62 units per square kilometre 2023 up 4.6% 21st Total FDI inflows — Value US$ 224.9 million USD 2023 up 90.9% 127th Other manufacturing 22.7% 1997 down 9.3% 129th Gross domestic product (GDP), Constant prices, Purchasing power 3.36 2019 down 0.3% 171st Gross domestic product (GDP), Current prices, Domestic currency 10.42 2019 up 16.7% 173rd ICT service exports 0.2% 2017 down 82.4% 185th Food, beverages and tobacco 35.9% 1997 down 16.5% 60th Revenue, excluding grants 25.2% 2016 down 4.3% 80th Capital stock, Private sector, Current prices, Domestic currency 26.47 2019 up 58.9% 157th Textiles and clothing 3.3% 1997 down 65.1% 82nd ICT service exports 3.44 million BoP, current US$ 2017 down 81.7% 167th Capital stock, Private sector, Constant prices, Percent of GDP 354.83 2019 up 11.4% 3rd Capital stock, Private sector, Constant prices, Purchasing power 11.91 2019 up 11.0% 148th Human Development Index vs. GDP per capita 0.811 2023 up 1.6% 69th Taxes on goods and services as share of GDP 11.2% 2018 up 10.0% 51st Taxes on income vs. taxes on goods and services 11.2% 2018 up 10.0% 51st Expense 28.8% 2016 up 7.0% 63rd Adjusted savings: gross savings 5.6% 2017 down 60.3% 170th Adjusted savings: net national savings -5.8% 2017 down 281.1% 168th Net capital account -3.73 million BoP, current US$ 2017 up 1.9% 151st Gross fixed capital formation, Private sector, Current prices 1.39 2019 up 8.6% 162nd Roots and Tubers, Total — Producer Price Index 113.71 2025 up 18.7% 118th Gross fixed capital formation, Private sector, Constant prices 18.6 2019 down 23.9% 48th Gross fixed capital formation, Private sector, Constant prices 0.6245 2019 down 24.2% 157th Euro per domestic currency (End-of-period (EoP)) 0.4255 2025 down 7.3% 43rd Domestic currency per Euro (End-of-period (EoP)) 2.35 2025 up 7.9% 153rd Chemicals 30.4% 1997 up 197.0% 8th Annual GDP growth 3.4% 2024 up 317.2% 105th Vegetables and Melons, Total — Producer Price Index 120.83 2025 up 22.7% 113th 2.5.1b Number of transboundary breeds (including extinct ones) — Value 23 No 2025 unchanged 88th 2.5.2 Number of transboundary breeds (not extinct) — Value 21 No 2025 unchanged 96th 2.5.2 Number of transboundary breeds with unknown risk status — Value 21 No 2025 unchanged 61st Fruit Primary — Producer Price Index 127.02 2025 up 27.1% 101st Output per hour worked, GDP constant 2021 international $ at PPP 23.98 2027 up 17.6% 85th 2.5.2 Number of local breeds (not extinct) — Value 6 No 2025 unchanged 136th 2.5.2 Number of local breeds with unknown risk status — Value 6 No 2025 unchanged 105th 2.5.1b Number of local breeds kept in the country — Value 6 No 2025 unchanged 139th Fruit excl Melons, Total — Producer Price Index 124.22 2025 up 23.9% 103rd Adjusted savings: carbon dioxide damage 44.13 million current US$ 2021 down 15.9% 169th Machinery and transport equipment 7.8% 1997 down 36.9% 77th Vegetables Primary — Producer Price Index 119.85 2025 up 21.7% 111th ← Previous Page 9 of 15 Next →