Barbados Barbados GDP - Gross Domestic Product

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GDP Barbados 2023

GDP grows 4.5% in Barbados

Gross Domestic Product of Barbados grew 4.5% in 2023 compared to last year. This rate is 53 -tenths of one percent less than the figure of 9.8% published in 2022.

The GDP figure in 2023 was €5,913$6,394 million, Barbados is number 156 in the ranking of GDP of the 196 countries that we publish. The absolute value of GDP in Barbados rose €519$709 million with respect to 2022.

The GDP per capita of Barbados in 2023 was €21,027$22,737, €1,844$2,520 higher than in 2022, it was €19,183$20,217. To view the evolution of the GDP per capita, it is interesting to look back a few years and compare these data with those of 2013 when the GDP per capita in Barbados was €12,466$16,556.

If we order the countries according to their GDP per capita, Barbados is in 49th position of the 196 countries whose GDP we publish.

Here we show you the progression of the GDP in Barbados. You can see GDP in other countries in GDP and see all the economic information about Barbados in Barbados's economy.

Evolution: Annual GDP Barbados
DateAnnual GDPAnnual GDPGDP Growth (%)
2023€5,913M$6,394M4.5%
2022€5,394M$5,685M9.8%
2021€4,093M$4,844M-0.2%
2020€4,098M$4,677M-13.7%
2019€4,732M$5,298M-1.3%
2018€4,306M$5,087M-0.6%
2017€4,408M$4,978M0.5%
2016€4,365M$4,830M2.5%
2015€4,249M$4,715M2.4%
2014€3,534M$4,696M-0.1%
2013€3,521M$4,677M-1.4%
2012€3,586M$4,610M-0.5%
2011€3,347M$4,658M-0.7%
2010€3,414M$4,530M-2.3%
2009€3,205M$4,466M-5.1%
2008€3,254M$4,785M0.7%
2007€3,410M$4,674M2.2%
2006€3,358M$4,217M5.7%
2005€3,069M$3,820M4.0%
2004€2,770M$3,444M1.4%
2003€2,839M$3,210M2.2%
2002€3,287M$3,106M0.8%
2001€3,411M$3,055M-2.4%
2000€3,311M$3,059M4.5%
1999€2,783M$2,969M0.3%
1998$2,833M3.7%
1997$2,513M4.7%
1996$2,377M4.0%
1995$2,229M2.0%
1994$2,163M2.0%
1993$2,075M0.8%
1992$1,957M-5.7%
1991$2,032M-3.9%
1990$2,024M-3.3%
1989$2,018M3.6%
1988$1,823M3.5%
1987$1,714M2.6%
1986$1,557M5.1%
1985$1,418M1.1%
1984$1,355M3.6%
1983$1,243M0.5%
1982$1,171M-4.9%
1981$1,120M-1.9%
1980$1,018M4.4%
1979$670M7.9%
1978$553M4.9%
1977$495M3.6%
1976$436M4.4%
1975$402M-1.9%
1974$312M-4.7%
1973$261M1.3%
1972$214M1.3%
1971$187M3.9%
1970$166M9.5%
1969$141M7.5%
1968$126M6.9%
1967$126M10.6%
1966$113M4.0%
1965$105M11.4%
1964$99M5.0%
1963$100M-5.1%
1962$89M9.1%
1961$85M7.7%
1960$80M
Evolution: GDP per capita Barbados
DateGDP per capita GDP per capita GDP P.C. Annual GrowthGDP P.C. Annual Growth
2023€21,027$22,7379.6%12.5%
2022€19,183$20,21731.8%17.4%
2021€14,555$17,2262.3%6.0%
2020€14,234$16,245-13.6%-12.0%
2019€16,478$18,4499.6%3.9%
2018€15,030$17,758-2.6%1.9%
2017€15,429$17,4230.7%2.8%
2016€15,315$16,9482.4%2.2%
2015€14,951$16,58919.9%0.1%
2014€12,471$16,5720.0%0.1%
2013€12,466$16,556-2.1%1.1%
2012€12,735$16,3726.8%-1.4%
2011€11,927$16,599-2.3%2.4%
2010€12,212$16,2036.1%1.0%
2009€11,510$16,036-1.9%-7.1%
2008€11,733$17,254-5.0%1.9%
2007€12,349$16,9261.1%10.4%
2006€12,212$15,3349.1%10.0%
2005€11,199$13,94010.4%10.5%
2004€10,144$12,612-2.7%7.0%
2003€10,424$11,789-13.9%3.0%
2002€12,110$11,443-3.9%1.4%
2001€12,599$11,2842.7%-0.5%
2000€12,269$11,33718.6%2.7%
1999€10,348$11,0394.4%
1998$10,57312.3%
1997$9,4125.3%
1996$8,9396.2%
1995$8,4142.7%
1994$8,1943.9%
1993$7,8875.7%
1992$7,465-4.0%
1991$7,7780.1%
1990$7,772-0.1%
1989$7,77710.3%
1988$7,0526.0%
1987$6,6549.8%
1986$6,0639.5%
1985$5,5404.4%
1984$5,3088.7%
1983$4,8835.9%
1982$4,6124.2%
1981$4,4279.7%
1980$4,03751.9%
1979$2,65720.6%
1978$2,20311.1%
1977$1,98313.0%
1976$1,7557.8%
1975$1,62828.3%
1974$1,26819.0%
1973$1,06621.4%
1972$87813.9%
1971$77112.0%
1970$68917.2%
1969$58812.1%
1968$524-0.1%
1967$52510.6%
1966$4757.4%
1965$4425.4%
1964$419-1.0%
1963$42412.0%
1962$3783.5%
1961$3656.2%
1960$344
Evolution: GDP growth rate at constant prices Barbados
Evolution: GDP per capita Barbados
GDP Barbados