Services, value added per worker in Barbados
Barbados: Services, value added per worker was 41,660 constant 2015 US$ in 2024. ▲ Rising
Services, value added per worker in Barbados, 1991–2024
Source: World Development Indicators database, World Bank (WB). Measured in constant 2015 US$.
Analysis
Barbados recorded 41,660 constant 2015 US$ for services, value added per worker in 2024.
The figure is up 2.9% on the previous year and down 2.6% over ten years.
Over the whole period, services, value added per worker in Barbados peaked at 48,266 constant 2015 US$ in 2007 and was at its lowest, 24,502 constant 2015 US$, in 2005.
Barbados ranks 36th of 176 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 34 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 27,563 constant 2015 US$ | 26,210 constant 2015 US$ | 28,573 constant 2015 US$ | 9 |
| 2000s | 35,222 constant 2015 US$ | 24,502 constant 2015 US$ | 48,266 constant 2015 US$ | 10 |
| 2010s | 41,314 constant 2015 US$ | 39,848 constant 2015 US$ | 42,752 constant 2015 US$ | 10 |
| 2020s | 38,913 constant 2015 US$ | 33,530 constant 2015 US$ | 41,660 constant 2015 US$ | 5 |
Countries ranked near Barbados
More economy & growth data for Barbados
- Manufacturing, value added 376.05 million current US$ (2024)
- Agriculture, forestry, and fishing, value added 92.53 million constant 2015 US$ (2024)
- Agriculture, forestry, and fishing, value added -4.2% (2024)
- Agriculture, forestry, and fishing, value added 228.57 million constant LCU (2024)
- GDP 15.34 billion constant LCU (2025)
- GDP growth 2.7% (2025)
- Manufacturing, value added 321.87 million constant 2015 US$ (2024)
- Manufacturing, value added 4.9% (2024)
- Manufacturing, value added 747.19 million constant LCU (2024)
- Agriculture, forestry, and fishing, value added 236.25 million current LCU (2024)
Frequently asked questions
- What is services, value added per worker in Barbados?
- Services, value added per worker in Barbados was 41,660 constant 2015 US$ in 2024, according to World Development Indicators database, World Bank (WB).
- What is the highest services, value added per worker recorded in Barbados?
- The highest recorded value was 48,266 constant 2015 US$ in 2007.
- What is the lowest services, value added per worker recorded in Barbados?
- The lowest recorded value was 24,502 constant 2015 US$ in 2005.
- How does Barbados rank for services, value added per worker?
- Barbados ranks 36th out of 176 countries with data for 2024.
- Is services, value added per worker rising or falling in Barbados?
- Over the last ten years it is down 2.6%. The long-run trend across the full record is rising.
- Where does this Barbados data come from?
- The figures come from World Development Indicators database, World Bank (WB), published as part of Services, value added per worker (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 34 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. 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. The core indicator has been divided by the number of workers in the economy to derive a measure of labor productivity. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.