Barbados BB: GDP: % of GDP: Gross Value Added: Industry: Manufacturing

1975 - 2023 | Yearly | % | World Bank

Barbados BB: GDP: % of GDP: Gross Value Added: Industry: Manufacturing data was reported at 5.015 % in 2024. This records a decrease from the previous number of 5.151 % for 2023. Barbados BB: GDP: % of GDP: Gross Value Added: Industry: Manufacturing data is updated yearly, averaging 7.630 % from Dec 1975 (Median) to 2024, with 50 observations. The data reached an all-time high of 10.413 % in 1990 and a record low of 4.805 % in 2021. Barbados BB: GDP: % of GDP: Gross Value Added: Industry: Manufacturing data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Barbados – Table BB.World Bank.WDI: Gross Domestic Product: Share of GDP. Manufacturing includes industries classified in ISIC (Rev. 3) major division C and is defined as the physical or chemical tranformation 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.;Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB);Weighted average;

View Barbados's Barbados BB: GDP: % of GDP: Gross Value Added: Industry: Manufacturing from 1975 to 2023 in the chart:

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Barbados Barbados BB: GDP: % of GDP: Gross Value Added: Industry: Manufacturing
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Barbados Barbados BB: GDP: % of GDP: Gross Value Added: Industry: Manufacturing

What was Barbados's Barbados BB: GDP: % of GDP: Gross Value Added: Industry: Manufacturing in 2023?

Last Previous Min Max Unit Frequency Range
5.596 2023 5.730 2022 5.386 2020 10.413 1990 % yearly 1975 - 2023

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Barbados Key Series

National Accounts Last Frequency Range
Forecast: GDP PPP Per Capita (PPP Intl $) 22,233.861 2027 yearly 1980 - 2027
Forecast: Nominal GDP Per Capita (USD) 26,056.630 2027 yearly 1980 - 2027
Forecast: Real GDP Growth (%) 1.840 2027 yearly 1980 - 2027
Government and Public Finance Last Frequency Range
Forecast: Government Expenditure (BBD bn) 5.270 2031 yearly 1995 - 2031
Forecast: Government Net Debt (BBD bn) 14.794 2031 yearly 1995 - 2031
Forecast: Government Revenue (BBD bn) 5.372 2031 yearly 1995 - 2031
Demographic and Labour Market Last Frequency Range
Forecast: Population (Person mn) 0.294 2028 yearly 1980 - 2028
Forecast: Unemployment Rate (%) 7.675 2030 yearly 1981 - 2030
Inflation Last Frequency Range
Forecast: Consumer Price Index Growth (%) 2.427 2028 yearly 1980 - 2028
Balance of Payments Last Frequency Range
Forecast: Current Account Balance (USD bn) -0.481 2030 yearly 1980 - 2030

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