Barbados GDP

GDP nominal (2023)
$6,720,733,200
(Current US Dollars). Sources include: World Bank, United Nations.
GDP growth rate (2023)

4.09%

  • Nominal (current) Gross Domestic Product (GDP) of Barbados is $6,720,733,200 (USD) as of 2023.
  • Real GDP (constant, inflation adjusted) of Barbados reached $5,571,685,827 in 2023.
  • GDP Growth Rate in 2023 was 4.09%, representing a change of 219,124,242 US$ over 2022, when Real GDP was $5,352,561,585.
  • GDP per Capita in Barbados (with a population of 282,336 people) was $19,734 in 2023, an increase of $775 from $18,959 in 2021; this represents a change of 4.1% in GDP per capita.
Barbados GDP (Nominal, $USD) 1993-2023
GDP change (%)

Gross Domestic Product (GDP) of Barbados

Year GDP Nominal
(Current USD) 		GDP Real
(Inflation adj.) 		GDP
change		 GDP per capita Pop.
change		 Population
2023 $6,720,733,200 $5,571,685,827 4.09% $19,734 0.01 % 282,336
2022 $6,257,303,500 $5,352,561,585 17.83% $18,959 0.06 % 282,318
2021 $5,275,242,050 $4,542,503,210 -0.25% $16,100 0.16 % 282,147
2020 $5,168,344,450 $4,554,114,648 -15.05% $16,167 0.17 % 281,698
2019 $5,788,288,000 $5,361,210,777 0.65% $19,065 0.18 % 281,207
2018 $5,629,916,200 $5,326,451,133 -1.17% $18,975 0.19 % 280,711
2017 $5,517,340,450 $5,389,730,073 0.13% $19,237 0.20 % 280,171
2016 $5,330,761,500 $5,382,816,061 1.79% $19,252 0.22 % 279,598
2015 $5,288,057,750 $5,288,057,750 -0.85% $18,954 0.23 % 278,990
2014 $5,365,976,700 $5,333,181,722 0.08% $19,160 0.25 % 278,348
2013 $5,361,158,350 $5,328,790,506 -1.01% $19,191 0.26 % 277,665
2012 $5,271,257,500 $5,383,181,192 -0.31% $19,438 0.29 % 276,938
2011 $5,342,183,800 $5,400,100,308 -0.73% $19,556 0.33 % 276,139
2010 $5,191,188,500 $5,439,889,540 -2.22% $19,764 0.41 % 275,243
2009 $4,466,809,600 $5,563,266,686 -5.02% $20,295 0.52 % 274,123
2008 $4,790,410,400 $5,857,135,329 0.63% $21,477 0.53 % 272,714
2007 $4,675,767,950 $5,820,266,209 2.08% $21,454 0.48 % 271,288
2006 $4,217,323,400 $5,701,717,027 6.07% $21,117 0.48 % 270,002
2005 $3,819,500,000 $5,375,400,865 3.96% $20,005 0.53 % 268,706
2004 $3,444,500,000 $5,170,869,321 1.41% $19,345 0.57 % 267,298
2003 $3,209,500,000 $5,098,893,411 2.18% $19,185 0.62 % 265,776
2002 $3,106,500,000 $4,990,329,747 0.79% $18,892 0.66 % 264,148
2001 $3,054,500,000 $4,951,342,796 -2.37% $18,868 0.14 % 262,425
2000 $3,059,500,000 $5,071,302,646 4.45% $19,351 -0.17 % 262,063
1999 $2,951,822,205 $4,855,374,916 0.33% $18,495 0.03 % 262,517
1998 $2,817,083,478 $4,839,180,337 3.73% $18,439 0.02 % 262,436
1997 $2,498,384,130 $4,665,238,554 4.74% $17,780 0.04 % 262,392
1996 $2,363,645,403 $4,454,109,219 3.98% $16,982 0.09 % 262,284
1995 $2,216,974,096 $4,283,766,232 2.01% $16,348 0.16 % 262,039
1994 $2,151,344,901 $4,199,194,538 2.01% $16,051 0.23 % 261,620
1993 $2,063,342,117 $4,116,422,242 0.79% $15,770 0.29 % 261,027
Sources:

See also