Country comparison Luxembourg vs Barbados

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Gouvernement
GDP Growth (%) [+]20240.4%chart4.0%2024GDP Growth (%) [+]
Qu. GDP Per Capita [+]2025Q332,739K
Annual GDP [+]2024€86,180Mchart€6,625M2024Annual GDP [+]
Annual GDP [+]2024$93,280Mchart$7,169M2024Annual GDP [+]
GDP per capita [+]2024€127,030chart€22,7792024GDP per capita [+]
GDP per capita [+]2024$138,757chart$24,6482024GDP per capita [+]
Quarterly GDP [+]2025Q3€22,327M
Debt (M.€.) [+]202422,649chart6,9152024Debt (M.€.) [+]
Debt ($M) [+]202424,514chart7,4822024Debt ($M) [+]
Debt (%GDP) [+]202426.30%chart102.92%2024Debt (%GDP) [+]
Debt Per Capita [+]2024€33,211chart€24,4912024Debt Per Capita [+]
Debt Per Capita [+]2024$35,946chart$26,5002024Debt Per Capita [+]
Deficit (M.€) [+]2024766chart-882024Deficit (M.€) [+]
Deficit ($M) [+]2024961chart-952024Deficit ($M) [+]
Deficit (%GDP) [+]20240.90%chart-1.31%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]202440,368.7chart1,978.82024Expenditure (M.€) [+]
Expenditure ($M) [+]202443,704.4chart2,141.12024Expenditure ($M) [+]
Education Expenditure (M.€) [+]20222,843.7chart235.62024Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20223,025.6chart254.92024Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]20228.45%chart14.19%2025Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20244,351,675,000.0chart139.92023Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20244,772.5chart151.22023Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202410.92%chart7.81%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]2024829.6
Defence Expenditure ($M) [+]2024898.0
Defence Expenditure (%Bud.) [+]20241.99%
Expenditure (%GDP) [+]202446.80%chart29.46%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€59,194chart€7,0092024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$64,085chart$7,5842024Expenditure Per Capita [+]
Education Expenditure P.C [+]2022€4,340chart€8102024Education Expenditure P.C [+]
Education Expenditure P.C [+]2022$4,643chart$8762024Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2024€6,475chart€4952023Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2024$7,101chart$5362023Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2024€1,223
Defence Expenditure P.C. [+]2024$1,336
Moody's Rating [+]02/07/2025AaaB204/14/2025Moody's Rating [+]
S&P Rating [+]04/28/1994AAAB+10/24/2025S&P Rating [+]
Fitch Rating [+]03/06/2020AAAB+00/00/0000Fitch Rating [+]
Corruption Index [+]202378chart692023Corruption Index [+]
Competitiveness Ranking [+]201918ºchart77º2019Competitiveness Ranking [+]
Fragile States Index [+]202418.7chart44.72024Fragile States Index [+]
RTI Raking [+]2024117º
Innovation Ranking [+]202420ºchart77º2024Innovation Ranking [+]
Labour
Unemployment Rate [+]December 20256.9%
Unemployment rate [+]2025Q36.2%chart11.9%2015Q2Unemployment rate [+]
Unemployed [+]2025Q322Kchart17K2015Q2Unemployed [+]
NMW [+]2026$3,177.2chart$736.72024NMW [+]
NMW [+]2026€2,704.0
Average Wage [+]2024$80,416
Average Wage [+]2024€74,296
Human Capital Ranking [+]201730ºchart79º2017Human Capital Ranking [+]
Markets
US Dollar exchange rate [+]02/13/20260.8430
Stock ExchangeYTD % [+]02/13/202612.22%
Prices
CPI (overall index) [+]December 20253.1%
HICP [+]December 20253.3%
PPI Year on Year [+]December 2025-5.6%
Money Market
Key rates [+]06/11/20252.15%
Business
Doing Business [+]202072ºchart128º2020Doing Business [+]
IPI Year on Year [+]December 2025-7.9%
Passengers vehicles Year [+]December 202489,727
Annual Vehicles/ 1,000 p. [+]December 202271.86
Vehicles / 1,000 people [+]2021775.27chart387.322015Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202442.7%chart28.1%2023Tax Revenue (%GDP) [+]
Standard VAT [+]01/01/201517.00%chart17.50%01/01/2011Standard VAT [+]
Top tax rate + SSC [+]202247.2%chart28.5%2020Top tax rate + SSC [+]
Trade
Annual arrivals [+]20221,013,000chart539,7002022Annual arrivals [+]
Exports [+]2025€16,253.4Mchart€425.9M2023Exports [+]
Exports [+]2025$18,366.0Mchart$460.5M2023Exports [+]
Exports % GDP [+]202417.37%chart6.85%2023Exports % GDP [+]
Imports [+]2025€24,893.6Mchart€1,950.7M2023Imports [+]
Imports [+]2025$28,129.3Mchart$2,109.3M2023Imports [+]
Imports % GDP [+]202427.95%chart31.39%2023Imports % GDP [+]
Trade balance [+]2025€-8,640.2Mchart€-1,524.8M2023Trade balance [+]
Trade balance [+]2025$-9,763.3Mchart$-1,606.2M2023Trade balance [+]
Trade balance % GDP [+]2024-10.58%chart-24.54%2023Trade balance % GDP [+]
Retail Sales YoY [+]December 202510.4%
Socio-Demography
Global AgeWatch Ranking [+]201519º
Density [+]2024263chart6572023Density [+]
Global Peace Ranking [+]2023-1ºchart-1º2023Global Peace Ranking [+]
Crude divorce rate [+]20232.00‰
Remittance received ($M) [+]20171,746.1chart111.72017Remittance received ($M) [+]
% Immigrant [+]202046.96%chart12.11%2020% Immigrant [+]
% Emigrant [+]202012.88%chart34.59%2020% Emigrant [+]
Birth Rate [+]20249.50‰chart11.17‰2023Birth Rate [+]
Remittance sent ($M) [+]20171,321.5chart20.12017Remittance sent ($M) [+]
Crude death rate [+]20246.60‰chart10.61‰2023Crude death rate [+]
Fertility Rate [+]20231.25chart1.712023Fertility Rate [+]
Crude marriage rate [+]20233.80‰
% risk of poverty [+]202418.1%chart25.7%2016% risk of poverty [+]
Population [+]2024681,973chart282,3362023Population [+]
Immigrant stock [+]2020298,062chart34,8692020Immigrant stock [+]
Emigrant stock [+]202081,757chart99,6112020Emigrant stock [+]
HDI [+]20220.927chart0.8092022HDI [+]
Gender Gap Ranking [+]202446ºchart31º2024Gender Gap Ranking [+]
Life expectancy [+]202483.50chart76.182023Life expectancy [+]
Suicides [+]202456chart12015Suicides [+]
Suicide rate [+]20248.21chart0.422015Suicide rate [+]
Number of homicides [+]202210chart212023Number of homicides [+]
Rate Homicides per 100.000 [+]20221.53chart7.442023Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]202311.18chart2.762023CO2 Tons per capita [+]
12024Annual crude oil production [+]
2.02021Crude Oil Reserves [+]
Consumption GWh [+]20235,862chart1,0252023Consumption GWh [+]
Generation GWh [+]2023801chart1,0902023Generation GWh [+]
Others
COVID-19 - Deaths [+]01/18/20261,000chart59301/18/2026COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]01/18/2026401,149chart109,14101/18/2026COVID-19 - Confirmed [+]
Fully vaccinated [+]06/11/2023462,702chart155,04712/29/2023Fully vaccinated [+]
COVID-19 - Deaths per million population [+]01/18/20261,466.33chart2,100.3301/18/2026COVID-19 - Deaths per million population [+]
Doses administered [+]03/25/20231,374,547chart384,04912/29/2023Doses administered [+]
Luxembourg
Barbados