Manufacturing, value added in Barbados
Barbados: Manufacturing, value added was 376.05 million current US$ in 2024. ▲ Rising
Manufacturing, value added in Barbados, 1975–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
In 2024, manufacturing, value added in Barbados stood at 376.05 million current US$. That is the highest value across all 50 years on record.
That represents a change of up 1.1% on the previous year and up 26.9% over ten years.
Over the whole period, manufacturing, value added in Barbados peaked at 376.05 million current US$ in 2024 and was at its lowest, 35.59 million current US$, in 1975.
Barbados ranks 158th of 204 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 50 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 50.54 million current US$ | 35.59 million current US$ | 67.77 million current US$ | 5 |
| 1980s | 111.37 million current US$ | 91.23 million current US$ | 131.31 million current US$ | 10 |
| 1990s | 193.24 million current US$ | 169.49 million current US$ | 225.23 million current US$ | 10 |
| 2000s | 280.83 million current US$ | 234.10 million current US$ | 343.22 million current US$ | 10 |
| 2010s | 312.57 million current US$ | 295.24 million current US$ | 324.88 million current US$ | 10 |
| 2020s | 332.85 million current US$ | 275.46 million current US$ | 376.05 million current US$ | 5 |
Countries ranked near Barbados
More economy & growth data for Barbados
- GNI 7.69 billion current US$ (2025)
- GDP per capita 23,014 constant 2015 US$ (2025)
- GDP per capita growth 2.6% (2025)
- Inflation, consumer prices 0.8% (2025)
- Total reserves minus gold 1.65 billion current US$ (2024)
- Total reserves 1.65 billion includes gold, current US$ (2024)
- GDP per capita 54,263 constant LCU (2025)
- GNI, Atlas method 7.65 billion current US$ (2025)
- GDP 16.03 billion current LCU (2025)
- GDP 6.50 billion constant 2015 US$ (2025)
Frequently asked questions
- What is manufacturing, value added in Barbados?
- Manufacturing, value added in Barbados was 376.05 million current US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest manufacturing, value added recorded in Barbados?
- The highest recorded value was 376.05 million current US$ in 2024.
- What is the lowest manufacturing, value added recorded in Barbados?
- The lowest recorded value was 35.59 million current US$ in 1975.
- How does Barbados rank for manufacturing, value added?
- Barbados ranks 158th out of 204 countries with data for 2024.
- Is manufacturing, value added rising or falling in Barbados?
- Over the last ten years it is up 26.9%. The long-run trend across the full record is rising.
- Where does this Barbados data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Manufacturing, value added (current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 50 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Manufacturing includes industries classified in ISIC (Rev. 3) major division C and is defined as the physical or chemical transformation of materials or components into new products. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.