Barbados Gross Domestic Product: Nominal
BB: Adjusted Savings: Consumption of Fixed Capital
BB: Adjusted Savings: Consumption of Fixed Capital data was reported at 568.366 USD mn in 2021. This records an increase from the previous number of 548.653 USD mn for 2020. BB: Adjusted Savings: Consumption of Fixed Capital data is updated yearly, averaging 251.896 USD mn from Dec 1974 to 2021, with 48 observations. The data reached an all-time high of 581.154 USD mn in 2019 and a record low of 19.967 USD mn in 1974. BB: Adjusted Savings: Consumption of Fixed Capital 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: Nominal. Consumption of fixed capital represents the replacement value of capital used up in the process of production.;World Bank staff estimates using data from the United Nations Statistics Division's National Accounts Statistics.;;
| Last | Frequency | Range |
|---|---|---|
| 568.366 2021 | yearly | 1974 - 2021 |
View Barbados's BB: Adjusted Savings: Consumption of Fixed Capital from 1974 to 2021 in the chart:
BB: Adjusted Savings: Consumption of Fixed Capital: % of GNI
BB: Adjusted Savings: Consumption of Fixed Capital: % of GNI data was reported at 11.972 % in 2021. This records an increase from the previous number of 11.916 % for 2020. BB: Adjusted Savings: Consumption of Fixed Capital: % of GNI data is updated yearly, averaging 10.167 % from Dec 1986 to 2021, with 36 observations. The data reached an all-time high of 11.972 % in 2021 and a record low of 8.530 % in 1994. BB: Adjusted Savings: Consumption of Fixed Capital: % of GNI 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: Nominal. Consumption of fixed capital represents the replacement value of capital used up in the process of production.;World Bank staff estimates using data from the United Nations Statistics Division's National Accounts Statistics.;Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 11.972 2021 | yearly | 1986 - 2021 |
View Barbados's BB: Adjusted Savings: Consumption of Fixed Capital: % of GNI from 1986 to 2021 in the chart:
BB: Adjusted Savings: Education Expenditure
BB: Adjusted Savings: Education Expenditure data was reported at 302.458 USD mn in 2021. This records an increase from the previous number of 139.663 USD mn for 2020. BB: Adjusted Savings: Education Expenditure data is updated yearly, averaging 164.128 USD mn from Dec 1986 to 2021, with 36 observations. The data reached an all-time high of 302.458 USD mn in 2021 and a record low of 89.389 USD mn in 1986. BB: Adjusted Savings: Education Expenditure 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: Nominal. Education expenditure refers to the current operating expenditures in education, including wages and salaries and excluding capital investments in buildings and equipment.;World Bank staff estimates using data from the United Nations Statistics Division's Statistical Yearbook, and the UNESCO Institute for Statistics online database.;;
| Last | Frequency | Range |
|---|---|---|
| 302.458 2021 | yearly | 1986 - 2021 |
View Barbados's BB: Adjusted Savings: Education Expenditure from 1986 to 2021 in the chart:
BB: Adjusted Savings: Education Expenditure: % of GNI
BB: Adjusted Savings: Education Expenditure: % of GNI data was reported at 6.371 % in 2021. This records an increase from the previous number of 3.033 % for 2020. BB: Adjusted Savings: Education Expenditure: % of GNI data is updated yearly, averaging 5.463 % from Dec 1970 to 2021, with 52 observations. The data reached an all-time high of 6.754 % in 1997 and a record low of 3.033 % in 2020. BB: Adjusted Savings: Education Expenditure: % of GNI 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: Nominal. Education expenditure refers to the current operating expenditures in education, including wages and salaries and excluding capital investments in buildings and equipment.;World Bank staff estimates using data from the United Nations Statistics Division's Statistical Yearbook, and the UNESCO Institute for Statistics online database.;Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 6.371 2021 | yearly | 1970 - 2021 |
View Barbados's BB: Adjusted Savings: Education Expenditure: % of GNI from 1970 to 2021 in the chart:
BB: Adjusted Savings: Gross Savings: % of GNI
BB: Adjusted Savings: Gross Savings: % of GNI data was reported at 5.608 % in 2017. This records an increase from the previous number of 3.154 % for 2016. BB: Adjusted Savings: Gross Savings: % of GNI data is updated yearly, averaging 9.965 % from Dec 1986 to 2017, with 32 observations. The data reached an all-time high of 32.069 % in 1988 and a record low of 2.261 % in 2011. BB: Adjusted Savings: Gross Savings: % of GNI 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: Nominal. Gross savings are the difference between gross national income and public and private consumption, plus net current transfers.;World Bank national accounts data files.;Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 5.608 2017 | yearly | 1986 - 2017 |
View Barbados's BB: Adjusted Savings: Gross Savings: % of GNI from 1986 to 2017 in the chart:
BB: Adjusted Savings: Net National Savings
BB: Adjusted Savings: Net National Savings data was reported at -276.711 USD mn in 2017. This records an increase from the previous number of -387.863 USD mn for 2016. BB: Adjusted Savings: Net National Savings data is updated yearly, averaging 2.035 USD mn from Dec 1986 to 2017, with 32 observations. The data reached an all-time high of 457.229 USD mn in 1989 and a record low of -406.810 USD mn in 2011. BB: Adjusted Savings: Net National Savings 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: Nominal. Net national savings are equal to gross national savings less the value of consumption of fixed capital.;World Bank staff estimates based on sources and methods in World Bank's 'The Changing Wealth of Nations: Measuring Sustainable Development in the New Millennium' (2011).;;
| Last | Frequency | Range |
|---|---|---|
| -276.711 2017 | yearly | 1986 - 2017 |
View Barbados's BB: Adjusted Savings: Net National Savings from 1986 to 2017 in the chart:
BB: Adjusted Savings: Net National Savings: % of GNI
BB: Adjusted Savings: Net National Savings: % of GNI data was reported at -5.816 % in 2017. This records an increase from the previous number of -8.411 % for 2016. BB: Adjusted Savings: Net National Savings: % of GNI data is updated yearly, averaging 0.082 % from Dec 1986 to 2017, with 32 observations. The data reached an all-time high of 23.086 % in 1989 and a record low of -9.336 % in 2011. BB: Adjusted Savings: Net National Savings: % of GNI 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: Nominal. Net national savings are equal to gross national savings less the value of consumption of fixed capital.;World Bank staff estimates based on sources and methods in World Bank's 'The Changing Wealth of Nations: Measuring Sustainable Development in the New Millennium' (2011).;Weighted average;
| Last | Frequency | Range |
|---|---|---|
| -5.816 2017 | yearly | 1986 - 2017 |
View Barbados's BB: Adjusted Savings: Net National Savings: % of GNI from 1986 to 2017 in the chart:
BB: GDP: Deflator: Linked Series
BB: GDP: Deflator: Linked Series data was reported at 128.734 2010=100 in 2022. This records an increase from the previous number of 121.661 2010=100 for 2021. BB: GDP: Deflator: Linked Series data is updated yearly, averaging 88.697 2010=100 from Dec 1990 to 2022, with 33 observations. The data reached an all-time high of 128.734 2010=100 in 2022 and a record low of 53.867 2010=100 in 1990. BB: GDP: Deflator: Linked Series 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: Nominal. The GDP implicit deflator is calculated as the ratio of GDP in current local currency to GDP in constant local currency. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. The base year varies by country.;World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.;;
| Last | Frequency | Range |
|---|---|---|
| 122.696 2021 | yearly | 1990 - 2021 |
View Barbados's BB: GDP: Deflator: Linked Series from 1990 to 2021 in the chart:
BB: GDP: Discrepancy
BB: GDP: Discrepancy data was reported at 287.300 BBD mn in 2022. This records an increase from the previous number of 95.700 BBD mn for 2021. BB: GDP: Discrepancy data is updated yearly, averaging 21.350 BBD mn from Dec 1975 to 2022, with 48 observations. The data reached an all-time high of 607.900 BBD mn in 1989 and a record low of -337.800 BBD mn in 2020. BB: GDP: Discrepancy 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: Nominal. Discrepancy in expenditure estimate of GDP is the discrepancy included in final consumption expenditure, etc. (total consumption, etc.). This discrepancy is included to ensure that GDP from the expenditure side equals GDP measured by the income or output approach. Data are in current local currency.;World Bank national accounts data, and OECD National Accounts data files.;;
| Last | Frequency | Range |
|---|---|---|
| 287.300 2022 | yearly | 1975 - 2022 |
View Barbados's BB: GDP: Discrepancy from 1975 to 2022 in the chart:
BB: GDP: Final Consumption Expenditure: General Government
BB: GDP: Final Consumption Expenditure: General Government data was reported at 1,370.100 BBD mn in 2022. This records an increase from the previous number of 1,256.400 BBD mn for 2021. BB: GDP: Final Consumption Expenditure: General Government data is updated yearly, averaging 766.100 BBD mn from Dec 1975 to 2022, with 48 observations. The data reached an all-time high of 1,440.900 BBD mn in 2011 and a record low of 134.751 BBD mn in 1975. BB: GDP: Final Consumption Expenditure: General Government 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: Nominal. General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. Data are in current local currency.;World Bank national accounts data, and OECD National Accounts data files.;;
| Last | Frequency | Range |
|---|---|---|
| 1,370.100 2022 | yearly | 1975 - 2022 |
View Barbados's BB: GDP: Final Consumption Expenditure: General Government from 1975 to 2022 in the chart:
Barbados BB: GDP: Final Consumption Expenditure: Household: Include Discrepancy
BB: GDP: Final Consumption Expenditure: Household: Include Discrepancy data was reported at 7,299.800 BBD mn in 2015. This records a decrease from the previous number of 7,700.800 BBD mn for 2014. BB: GDP: Final Consumption Expenditure: Household: Include Discrepancy data is updated yearly, averaging 4,698.750 BBD mn from Dec 1990 to 2015, with 26 observations. The data reached an all-time high of 7,700.800 BBD mn in 2014 and a record low of 2,885.800 BBD mn in 1992. BB: GDP: Final Consumption Expenditure: Household: Include Discrepancy 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: Nominal. Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. This item also includes any statistical discrepancy in the use of resources relative to the supply of resources. Data are in current local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;
| Last | Frequency | Range |
|---|---|---|
| 7,299.80 2015 | yearly | 1990 - 2015 |
View Barbados's Barbados BB: GDP: Final Consumption Expenditure: Household: Include Discrepancy from 1990 to 2015 in the chart:
BB: GDP: Final Consumption Expenditure: Households and NPISHs: Linked Series
BB: GDP: Final Consumption Expenditure: Households and NPISHs: Linked Series data was reported at 8,718.900 BBD mn in 2022. This records an increase from the previous number of 7,724.500 BBD mn for 2021. BB: GDP: Final Consumption Expenditure: Households and NPISHs: Linked Series data is updated yearly, averaging 5,966.900 BBD mn from Dec 1990 to 2022, with 33 observations. The data reached an all-time high of 8,718.900 BBD mn in 2022 and a record low of 2,817.900 BBD mn in 1990. BB: GDP: Final Consumption Expenditure: Households and NPISHs: Linked Series 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: Nominal. Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. Data are in local currency, at current prices.;World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.;;
| Last | Frequency | Range |
|---|---|---|
| 8,718.900 2022 | yearly | 1990 - 2022 |
View Barbados's BB: GDP: Final Consumption Expenditure: Households and NPISHs: Linked Series from 1990 to 2022 in the chart:
Barbados BB: GDP: Final Consumption Expenditure: Include Discrepancy
BB: GDP: Final Consumption Expenditure: Include Discrepancy data was reported at 8,522.400 BBD mn in 2015. This records a decrease from the previous number of 8,978.800 BBD mn for 2014. BB: GDP: Final Consumption Expenditure: Include Discrepancy data is updated yearly, averaging 5,622.500 BBD mn from Dec 1990 to 2015, with 26 observations. The data reached an all-time high of 9,011.500 BBD mn in 2013 and a record low of 3,362.600 BBD mn in 1992. BB: GDP: Final Consumption Expenditure: Include Discrepancy 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: Nominal. Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). This estimate includes any statistical discrepancy in the use of resources relative to the supply of resources. Data are in current local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;
| Last | Frequency | Range |
|---|---|---|
| 8,522.40 2015 | yearly | 1990 - 2015 |
View Barbados's Barbados BB: GDP: Final Consumption Expenditure: Include Discrepancy from 1990 to 2015 in the chart:
BB: GDP: GNI per Capita
BB: GDP: GNI per Capita data was reported at 38,844.249 BBD in 2022. This records an increase from the previous number of 33,613.798 BBD for 2021. BB: GDP: GNI per Capita data is updated yearly, averaging 24,786.503 BBD from Dec 1986 to 2022, with 37 observations. The data reached an all-time high of 38,844.249 BBD in 2022 and a record low of 11,834.965 BBD in 1986. BB: GDP: GNI per Capita 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: Nominal. GNI per capita is gross national income divided by midyear population. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current local currency.;World Bank national accounts data, and OECD National Accounts data files.;;
| Last | Frequency | Range |
|---|---|---|
| 38,844.249 2022 | yearly | 1986 - 2022 |
View Barbados's BB: GDP: GNI per Capita from 1986 to 2022 in the chart:
BB: GDP: Gross Domestic Savings
BB: GDP: Gross Domestic Savings data was reported at 1,310.900 BBD mn in 2022. This records an increase from the previous number of 865.300 BBD mn for 2021. BB: GDP: Gross Domestic Savings data is updated yearly, averaging 793.200 BBD mn from Dec 1975 to 2022, with 48 observations. The data reached an all-time high of 1,738.000 BBD mn in 2019 and a record low of 74.752 BBD mn in 1975. BB: GDP: Gross Domestic Savings 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: Nominal. Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). Data are in current local currency.;World Bank national accounts data, and OECD National Accounts data files.;;
| Last | Frequency | Range |
|---|---|---|
| 1,310.900 2022 | yearly | 1975 - 2022 |
View Barbados's BB: GDP: Gross Domestic Savings from 1975 to 2022 in the chart:
BB: GDP: Gross National Expenditure
BB: GDP: Gross National Expenditure data was reported at 10,797.900 BBD mn in 2021. This records an increase from the previous number of 10,419.500 BBD mn for 2020. BB: GDP: Gross National Expenditure data is updated yearly, averaging 5,951.800 BBD mn from Dec 1975 to 2021, with 47 observations. The data reached an all-time high of 10,797.900 BBD mn in 2021 and a record low of 893.898 BBD mn in 1975. BB: GDP: Gross National Expenditure 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: Nominal. Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in current local currency.;World Bank national accounts data, and OECD National Accounts data files.;;
| Last | Frequency | Range |
|---|---|---|
| 10,797.900 2021 | yearly | 1975 - 2021 |
View Barbados's BB: GDP: Gross National Expenditure from 1975 to 2021 in the chart:
BB: GDP: Gross Savings
BB: GDP: Gross Savings data was reported at 555.116 BBD mn in 2017. This records an increase from the previous number of 311.817 BBD mn for 2016. BB: GDP: Gross Savings data is updated yearly, averaging 579.815 BBD mn from Dec 1986 to 2017, with 32 observations. The data reached an all-time high of 1,268.810 BBD mn in 2007 and a record low of 194.371 BBD mn in 2011. BB: GDP: Gross Savings 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: Nominal. Gross savings are calculated as gross national income less total consumption, plus net transfers. Data are in current local currency.;World Bank national accounts data, and OECD National Accounts data files.;;
| Last | Frequency | Range |
|---|---|---|
| 555.116 2017 | yearly | 1986 - 2017 |
View Barbados's BB: GDP: Gross Savings from 1986 to 2017 in the chart:
Barbados BB: GDP: Gross Value Added at Factor Cost: Financial Intermediary Services Indirectly Measured
BB: GDP: Gross Value Added at Factor Cost: Financial Intermediary Services Indirectly Measured data was reported at 164.400 BBD mn in 2016. This records an increase from the previous number of 147.700 BBD mn for 2015. BB: GDP: Gross Value Added at Factor Cost: Financial Intermediary Services Indirectly Measured data is updated yearly, averaging 111.300 BBD mn from Dec 1990 to 2016, with 27 observations. The data reached an all-time high of 211.300 BBD mn in 2009 and a record low of 46.700 BBD mn in 1993. BB: GDP: Gross Value Added at Factor Cost: Financial Intermediary Services Indirectly Measured 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: Gross Domestic Product: Nominal. Financial intermediation services indirectly measured (FISIM) is an indirect measure of the value of financial intermediation services (i.e. output) provided but for which financial institutions do not charge explicitly as compared to explicit bank charges. Although the 1993 SNA recommends that the FISIM are allocated as intermediate and final consumption to the users, many countries still make a global (negative) adjustment to the sum of gross value added.; ; World Bank national accounts data, and OECD National Accounts data files.; ;
| Last | Frequency | Range |
|---|---|---|
| 164.400 2016 | yearly | 1990 - 2016 |
View Barbados's Barbados BB: GDP: Gross Value Added at Factor Cost: Financial Intermediary Services Indirectly Measured from 1990 to 2016 in the chart:
Barbados BB: GDP: Gross Value Added at Factor Cost: Services
BB: GDP: Gross Value Added at Factor Cost: Services data was reported at 7,411.000 BBD mn in 2015. This records an increase from the previous number of 7,364.400 BBD mn for 2014. BB: GDP: Gross Value Added at Factor Cost: Services data is updated yearly, averaging 4,382.150 BBD mn from Dec 1990 to 2015, with 26 observations. The data reached an all-time high of 7,411.000 BBD mn in 2015 and a record low of 2,726.400 BBD mn in 1992. BB: GDP: Gross Value Added at Factor Cost: Services 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: Nominal. Services correspond to ISIC divisions 50-99. They include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ; Note: Data for OECD countries are based on ISIC, revision 4.
| Last | Frequency | Range |
|---|---|---|
| 7,411.00 2015 | yearly | 1990 - 2015 |
View Barbados's Barbados BB: GDP: Gross Value Added at Factor Cost: Services from 1990 to 2015 in the chart:
BB: GDP: Linked Series
BB: GDP: Linked Series data was reported at 11,275.829 BBD mn in 2022. This records an increase from the previous number of 9,687.600 BBD mn for 2021. BB: GDP: Linked Series data is updated yearly, averaging 8,434.902 BBD mn from Dec 1990 to 2022, with 33 observations. The data reached an all-time high of 11,275.829 BBD mn in 2022 and a record low of 3,914.000 BBD mn in 1992. BB: GDP: Linked Series 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: Nominal. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. Data are in current local currency.;World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.;;
| Last | Frequency | Range |
|---|---|---|
| 9,801.600 2021 | yearly | 1990 - 2021 |
View Barbados's BB: GDP: Linked Series from 1990 to 2021 in the chart:
BB: GDP: Market Price: Linked Series
BB: GDP: Market Price: Linked Series data was reported at 8,731.000 BBD mn in 2020. This records a decrease from the previous number of 10,418.000 BBD mn for 2019. BB: GDP: Market Price: Linked Series data is updated yearly, averaging 7,264.000 BBD mn from Dec 1989 to 2020, with 32 observations. The data reached an all-time high of 10,418.000 BBD mn in 2019 and a record low of 3,914.000 BBD mn in 1992. BB: GDP: Market Price: Linked Series 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: Nominal. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. Data are in current local currency.; ; World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.; ;
| Last | Frequency | Range |
|---|---|---|
| 8,731.000 2020 | yearly | 1989 - 2020 |
View Barbados's BB: GDP: Market Price: Linked Series from 1989 to 2020 in the chart:
BB: GDP: Net Current Transfer from Abroad
BB: GDP: Net Current Transfer from Abroad data was reported at -74.000 BBD mn in 2022. This records a decrease from the previous number of -38.000 BBD mn for 2021. BB: GDP: Net Current Transfer from Abroad data is updated yearly, averaging 66.400 BBD mn from Dec 1986 to 2022, with 37 observations. The data reached an all-time high of 235.500 BBD mn in 2003 and a record low of -92.000 BBD mn in 2019. BB: GDP: Net Current Transfer from Abroad 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: Nominal. Net secondary income (from abroad) comprises transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net secondary income is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. Data are in current local currency.;World Bank national accounts data, and OECD National Accounts data files.;;
| Last | Frequency | Range |
|---|---|---|
| -74.000 2022 | yearly | 1986 - 2022 |
View Barbados's BB: GDP: Net Current Transfer from Abroad from 1986 to 2022 in the chart:
BB: GDP: Net Income from Abroad
BB: GDP: Net Income from Abroad data was reported at -460.000 BBD mn in 2022. This records a decrease from the previous number of -394.000 BBD mn for 2021. BB: GDP: Net Income from Abroad data is updated yearly, averaging -233.700 BBD mn from Dec 1986 to 2022, with 37 observations. The data reached an all-time high of -51.600 BBD mn in 1989 and a record low of -600.293 BBD mn in 2011. BB: GDP: Net Income from Abroad 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: Nominal. Net primary income includes the net labor income and net property and entrepreneurial income components of the SNA. Labor income covers compensation of employees paid to nonresident workers. Property and entrepreneurial income covers investment income from the ownership of foreign financial claims (interest, dividends, rent, etc.) and nonfinancial property income (patents, copyrights, etc.). Data are in current local currency.;World Bank national accounts data, and OECD National Accounts data files.;;
| Last | Frequency | Range |
|---|---|---|
| -460.000 2022 | yearly | 1986 - 2022 |
View Barbados's BB: GDP: Net Income from Abroad from 1986 to 2022 in the chart:
BB: GDP: Net Taxes on Product
BB: GDP: Net Taxes on Product data was reported at 1,666.200 BBD mn in 2022. This records an increase from the previous number of 1,536.200 BBD mn for 2021. BB: GDP: Net Taxes on Product data is updated yearly, averaging 917.450 BBD mn from Dec 1975 to 2022, with 48 observations. The data reached an all-time high of 1,666.200 BBD mn in 2022 and a record low of 85.442 BBD mn in 1976. BB: GDP: Net Taxes on Product 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: Nominal. Taxes less subsidies on products (net indirect taxes) are the sum of product taxes less subsidies. Product taxes are those taxes payable by producers that relate to the production, sale, purchase or use of the goods and services. Subsidies are grants on the current account made by general government to private enterprises and unincorporated public enterprises. The grants may take the form of payments to ensure a guaranteed price or to enable maintenance of prices of goods and services below costs of production, and other forms of assistance to producers. Data are in current local currency.;World Bank national accounts data, and OECD National Accounts data files.;;
| Last | Frequency | Range |
|---|---|---|
| 1,666.200 2022 | yearly | 1975 - 2022 |
View Barbados's BB: GDP: Net Taxes on Product from 1975 to 2022 in the chart:
BB: GDP: USD: Adjusted Net National Income
BB: GDP: USD: Adjusted Net National Income data was reported at 4.165 USD bn in 2021. This records an increase from the previous number of 4.050 USD bn for 2020. BB: GDP: USD: Adjusted Net National Income data is updated yearly, averaging 2.860 USD bn from Dec 1986 to 2021, with 36 observations. The data reached an all-time high of 4.465 USD bn in 2019 and a record low of 1.377 USD bn in 1986. BB: GDP: USD: Adjusted Net National Income 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: Nominal. Adjusted net national income is GNI minus consumption of fixed capital and natural resources depletion.;World Bank staff estimates based on sources and methods in World Bank's 'The Changing Wealth of Nations: Measuring Sustainable Development in the New Millennium' (2011).;Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 4,164.575 2021 | yearly | 1986 - 2021 |
View Barbados's BB: GDP: USD: Adjusted Net National Income from 1986 to 2021 in the chart:
BB: GDP: USD: Adjusted Net National Income per Capita
BB: GDP: USD: Adjusted Net National Income per Capita data was reported at 14,810.011 USD in 2021. This records an increase from the previous number of 14,427.549 USD for 2020. BB: GDP: USD: Adjusted Net National Income per Capita data is updated yearly, averaging 10,671.263 USD from Dec 1986 to 2021, with 36 observations. The data reached an all-time high of 15,936.728 USD in 2019 and a record low of 5,328.495 USD in 1986. BB: GDP: USD: Adjusted Net National Income per Capita 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: Nominal. Adjusted net national income is GNI minus consumption of fixed capital and natural resources depletion.;World Bank staff estimates based on sources and methods in World Bank's 'The Changing Wealth of Nations: Measuring Sustainable Development in the New Millennium' (2011).;Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 14,810.011 2021 | yearly | 1986 - 2021 |
View Barbados's BB: GDP: USD: Adjusted Net National Income per Capita from 1986 to 2021 in the chart:
BB: GDP: USD: Changes in Inventories
BB: GDP: USD: Changes in Inventories data was reported at 9.500 USD mn in 2022. This stayed constant from the previous number of 9.500 USD mn for 2021. BB: GDP: USD: Changes in Inventories data is updated yearly, averaging 5.284 USD mn from Dec 1975 to 2022, with 48 observations. The data reached an all-time high of 14.667 USD mn in 1991 and a record low of -24.400 USD mn in 1992. BB: GDP: USD: Changes in Inventories 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: Nominal. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and 'work in progress.' Data are in current U.S. dollars.;World Bank national accounts data, and OECD National Accounts data files.;;
| Last | Frequency | Range |
|---|---|---|
| 9.500 2022 | yearly | 1975 - 2022 |
View Barbados's BB: GDP: USD: Changes in Inventories from 1975 to 2022 in the chart:
BB: GDP: USD: Exports of Goods and Services
BB: GDP: USD: Exports of Goods and Services data was reported at 2.002 USD bn in 2022. This records an increase from the previous number of 1.495 USD bn for 2021. BB: GDP: USD: Exports of Goods and Services data is updated yearly, averaging 1.203 USD bn from Dec 1975 to 2022, with 48 observations. The data reached an all-time high of 2.242 USD bn in 2019 and a record low of 202.627 USD mn in 1975. BB: GDP: USD: Exports of Goods and Services 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: Nominal. Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current U.S. dollars.;World Bank national accounts data, and OECD National Accounts data files.;Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 2,002.300 2022 | yearly | 1975 - 2022 |
View Barbados's BB: GDP: USD: Exports of Goods and Services from 1975 to 2022 in the chart:
BB: GDP: USD: External Balance of Goods and Services
BB: GDP: USD: External Balance of Goods and Services data was reported at -461.200 USD mn in 2022. This records an increase from the previous number of -465.500 USD mn for 2021. BB: GDP: USD: External Balance of Goods and Services data is updated yearly, averaging -83.875 USD mn from Dec 1975 to 2022, with 48 observations. The data reached an all-time high of 165.950 USD mn in 2019 and a record low of -499.700 USD mn in 2011. BB: GDP: USD: External Balance of Goods and Services 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: Nominal. External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in current U.S. dollars.;World Bank national accounts data, and OECD National Accounts data files.;;
| Last | Frequency | Range |
|---|---|---|
| -461.200 2022 | yearly | 1975 - 2022 |
View Barbados's BB: GDP: USD: External Balance of Goods and Services from 1975 to 2022 in the chart:
BB: GDP: USD: Final Consumption Expenditure
BB: GDP: USD: Final Consumption Expenditure data was reported at 5.045 USD bn in 2022. This records an increase from the previous number of 4.490 USD bn for 2021. BB: GDP: USD: Final Consumption Expenditure data is updated yearly, averaging 2.501 USD bn from Dec 1975 to 2022, with 48 observations. The data reached an all-time high of 5.045 USD bn in 2022 and a record low of 365.174 USD mn in 1975. BB: GDP: USD: Final Consumption Expenditure 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: Nominal. Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). Data are in current U.S. dollars.;World Bank national accounts data, and OECD National Accounts data files.;;
| Last | Frequency | Range |
|---|---|---|
| 5,044.500 2022 | yearly | 1975 - 2022 |
View Barbados's BB: GDP: USD: Final Consumption Expenditure from 1975 to 2022 in the chart:
BB: GDP: USD: Final Consumption Expenditure: General Government
BB: GDP: USD: Final Consumption Expenditure: General Government data was reported at 685.050 USD mn in 2022. This records an increase from the previous number of 628.200 USD mn for 2021. BB: GDP: USD: Final Consumption Expenditure: General Government data is updated yearly, averaging 380.898 USD mn from Dec 1975 to 2022, with 48 observations. The data reached an all-time high of 720.450 USD mn in 2011 and a record low of 66.705 USD mn in 1975. BB: GDP: USD: Final Consumption Expenditure: General Government 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: Nominal. General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. Data are in current U.S. dollars.;World Bank national accounts data, and OECD National Accounts data files.;Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 685.050 2022 | yearly | 1975 - 2022 |
View Barbados's BB: GDP: USD: Final Consumption Expenditure: General Government from 1975 to 2022 in the chart:
BB: GDP: USD: Final Consumption Expenditure: Household
BB: GDP: USD: Final Consumption Expenditure: Household data was reported at 4.359 USD bn in 2022. This records an increase from the previous number of 3.862 USD bn for 2021. BB: GDP: USD: Final Consumption Expenditure: Household data is updated yearly, averaging 2.098 USD bn from Dec 1975 to 2022, with 48 observations. The data reached an all-time high of 4.359 USD bn in 2022 and a record low of 298.469 USD mn in 1975. BB: GDP: USD: Final Consumption Expenditure: Household 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: Nominal. Household and NPISHs final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. This indicator includes the expenditures of nonprofit institutions serving households even when reported separately by the country. Data are in current U.S. dollars.;World Bank national accounts data, and OECD National Accounts data files.;Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 4,359.450 2022 | yearly | 1975 - 2022 |
View Barbados's BB: GDP: USD: Final Consumption Expenditure: Household from 1975 to 2022 in the chart:
Barbados BB: GDP: USD: Final Consumption Expenditure: Household: Include Discrepancy
BB: GDP: USD: Final Consumption Expenditure: Household: Include Discrepancy data was reported at 3.650 USD bn in 2015. This records a decrease from the previous number of 3.850 USD bn for 2014. BB: GDP: USD: Final Consumption Expenditure: Household: Include Discrepancy data is updated yearly, averaging 2.349 USD bn from Dec 1990 to 2015, with 26 observations. The data reached an all-time high of 3.850 USD bn in 2014 and a record low of 1.442 USD bn in 1990. BB: GDP: USD: Final Consumption Expenditure: Household: Include Discrepancy 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: Nominal. Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. This item also includes any statistical discrepancy in the use of resources relative to the supply of resources. Data are in current U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 3,649.90 2015 | yearly | 1990 - 2015 |
View Barbados's Barbados BB: GDP: USD: Final Consumption Expenditure: Household: Include Discrepancy from 1990 to 2015 in the chart:
Barbados BB: GDP: USD: Final Consumption Expenditure: Include Discrepancy
BB: GDP: USD: Final Consumption Expenditure: Include Discrepancy data was reported at 4.261 USD bn in 2015. This records a decrease from the previous number of 4.489 USD bn for 2014. BB: GDP: USD: Final Consumption Expenditure: Include Discrepancy data is updated yearly, averaging 2.811 USD bn from Dec 1990 to 2015, with 26 observations. The data reached an all-time high of 4.506 USD bn in 2013 and a record low of 1.681 USD bn in 1992. BB: GDP: USD: Final Consumption Expenditure: Include Discrepancy 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: Nominal. Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). This estimate includes any statistical discrepancy in the use of resources relative to the supply of resources. Data are in current U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 4,261.20 2015 | yearly | 1990 - 2015 |
View Barbados's Barbados BB: GDP: USD: Final Consumption Expenditure: Include Discrepancy from 1990 to 2015 in the chart:
BB: GDP: USD: Gross Capital Formation
BB: GDP: USD: Gross Capital Formation data was reported at 973.000 USD mn in 2022. This records an increase from the previous number of 850.300 USD mn for 2021. BB: GDP: USD: Gross Capital Formation data is updated yearly, averaging 505.095 USD mn from Dec 1975 to 2022, with 48 observations. The data reached an all-time high of 973.000 USD mn in 2022 and a record low of 77.327 USD mn in 1975. BB: GDP: USD: Gross Capital Formation 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: Nominal. Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and 'work in progress.' According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current U.S. dollars.;World Bank national accounts data, and OECD National Accounts data files.;Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 973.000 2022 | yearly | 1975 - 2022 |
View Barbados's BB: GDP: USD: Gross Capital Formation from 1975 to 2022 in the chart:
BB: GDP: USD: Gross Domestic Savings
BB: GDP: USD: Gross Domestic Savings data was reported at 655.450 USD mn in 2022. This records an increase from the previous number of 432.650 USD mn for 2021. BB: GDP: USD: Gross Domestic Savings data is updated yearly, averaging 395.496 USD mn from Dec 1975 to 2022, with 48 observations. The data reached an all-time high of 869.000 USD mn in 2019 and a record low of 37.004 USD mn in 1975. BB: GDP: USD: Gross Domestic Savings 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: Nominal. Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). Data are in current U.S. dollars.;World Bank national accounts data, and OECD National Accounts data files.;Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 655.450 2022 | yearly | 1975 - 2022 |
View Barbados's BB: GDP: USD: Gross Domestic Savings from 1975 to 2022 in the chart:
BB: GDP: USD: Gross Fixed Capital Formation
BB: GDP: USD: Gross Fixed Capital Formation data was reported at 963.500 USD mn in 2022. This records an increase from the previous number of 840.750 USD mn for 2021. BB: GDP: USD: Gross Fixed Capital Formation data is updated yearly, averaging 514.057 USD mn from Dec 1975 to 2022, with 48 observations. The data reached an all-time high of 963.500 USD mn in 2022 and a record low of 74.990 USD mn in 1975. BB: GDP: USD: Gross Fixed Capital Formation 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: Nominal. Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current U.S. dollars.;World Bank national accounts data, and OECD National Accounts data files.;Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 963.500 2022 | yearly | 1975 - 2022 |
View Barbados's BB: GDP: USD: Gross Fixed Capital Formation from 1975 to 2022 in the chart:
BB: GDP: USD: Gross National Expenditure
BB: GDP: USD: Gross National Expenditure data was reported at 6.018 USD bn in 2022. This records an increase from the previous number of 5.341 USD bn for 2021. BB: GDP: USD: Gross National Expenditure data is updated yearly, averaging 3.056 USD bn from Dec 1975 to 2022, with 48 observations. The data reached an all-time high of 6.018 USD bn in 2022 and a record low of 442.502 USD mn in 1975. BB: GDP: USD: Gross National Expenditure 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: Nominal. Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in current U.S. dollars.;World Bank national accounts data, and OECD National Accounts data files.;Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 6,017.500 2022 | yearly | 1975 - 2022 |
View Barbados's BB: GDP: USD: Gross National Expenditure from 1975 to 2022 in the chart:
BB: GDP: USD: Gross National Income
BB: GDP: USD: Gross National Income data was reported at 5.470 USD bn in 2022. This records an increase from the previous number of 4.726 USD bn for 2021. BB: GDP: USD: Gross National Income data is updated yearly, averaging 3.328 USD bn from Dec 1986 to 2022, with 37 observations. The data reached an all-time high of 5.470 USD bn in 2022 and a record low of 1.520 USD bn in 1986. BB: GDP: USD: Gross National Income 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: Nominal. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current U.S. dollars.;World Bank national accounts data, and OECD National Accounts data files.;Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 5,469.950 2022 | yearly | 1986 - 2022 |
View Barbados's BB: GDP: USD: Gross National Income from 1986 to 2022 in the chart:
BB: GDP: USD: Gross National Income per Capita: Atlas Method
BB: GDP: USD: Gross National Income per Capita: Atlas Method data was reported at 19,490.000 USD in 2022. This records an increase from the previous number of 16,710.000 USD for 2021. BB: GDP: USD: Gross National Income per Capita: Atlas Method data is updated yearly, averaging 12,600.000 USD from Dec 1986 to 2022, with 37 observations. The data reached an all-time high of 19,490.000 USD in 2022 and a record low of 5,880.000 USD in 1986. BB: GDP: USD: Gross National Income per Capita: Atlas Method 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: Nominal. GNI per capita (formerly GNP per capita) is the gross national income, converted to U.S. dollars using the World Bank Atlas method, divided by the midyear population. GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. GNI, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies, although an alternative rate is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate actually applied in international transactions. To smooth fluctuations in prices and exchange rates, a special Atlas method of conversion is used by the World Bank. This applies a conversion factor that averages the exchange rate for a given year and the two preceding years, adjusted for differences in rates of inflation between the country, and through 2000, the G-5 countries (France, Germany, Japan, the United Kingdom, and the United States). From 2001, these countries include the Euro area, Japan, the United Kingdom, and the United States.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 19,490.000 2022 | yearly | 1986 - 2022 |
View Barbados's BB: GDP: USD: Gross National Income per Capita: Atlas Method from 1986 to 2022 in the chart:
BB: GDP: USD: Gross National Income: Atlas Method
BB: GDP: USD: Gross National Income: Atlas Method data was reported at 5.489 USD bn in 2022. This records an increase from the previous number of 4.698 USD bn for 2021. BB: GDP: USD: Gross National Income: Atlas Method data is updated yearly, averaging 3.383 USD bn from Dec 1986 to 2022, with 37 observations. The data reached an all-time high of 5.489 USD bn in 2022 and a record low of 1.518 USD bn in 1986. BB: GDP: USD: Gross National Income: Atlas Method 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: Nominal. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current U.S. dollars. GNI, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies, although an alternative rate is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate actually applied in international transactions. To smooth fluctuations in prices and exchange rates, a special Atlas method of conversion is used by the World Bank. This applies a conversion factor that averages the exchange rate for a given year and the two preceding years, adjusted for differences in rates of inflation between the country, and through 2000, the G-5 countries (France, Germany, Japan, the United Kingdom, and the United States). From 2001, these countries include the Euro area, Japan, the United Kingdom, and the United States.;World Bank national accounts data, and OECD National Accounts data files.;Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 5,488.600 2022 | yearly | 1986 - 2022 |
View Barbados's BB: GDP: USD: Gross National Income: Atlas Method from 1986 to 2022 in the chart:
BB: GDP: USD: Gross Savings
BB: GDP: USD: Gross Savings data was reported at 277.558 USD mn in 2017. This records an increase from the previous number of 155.909 USD mn for 2016. BB: GDP: USD: Gross Savings data is updated yearly, averaging 289.908 USD mn from Dec 1986 to 2017, with 32 observations. The data reached an all-time high of 634.405 USD mn in 2007 and a record low of 97.186 USD mn in 2011. BB: GDP: USD: Gross Savings 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: Nominal. Gross savings are calculated as gross national income less total consumption, plus net transfers. Data are in current U.S. dollars.;World Bank national accounts data, and OECD National Accounts data files.;;
| Last | Frequency | Range |
|---|---|---|
| 277.558 2017 | yearly | 1986 - 2017 |
View Barbados's BB: GDP: USD: Gross Savings from 1986 to 2017 in the chart:
BB: GDP: USD: Gross Value Added at Factor Cost
BB: GDP: USD: Gross Value Added at Factor Cost data was reported at 4.372 USD bn in 2019. This records an increase from the previous number of 4.270 USD bn for 2018. BB: GDP: USD: Gross Value Added at Factor Cost data is updated yearly, averaging 2.227 USD bn from Dec 1975 to 2019, with 45 observations. The data reached an all-time high of 4.372 USD bn in 2019 and a record low of 346.836 USD mn in 1975. BB: GDP: USD: Gross Value Added at Factor Cost 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: Nominal. Gross value added at factor cost (formerly GDP at factor cost) is derived as the sum of the value added in the agriculture, industry and services sectors. If the value added of these sectors is calculated at purchaser values, gross value added at factor cost is derived by subtracting net product taxes from GDP. Data are in current U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 4,372.104 2019 | yearly | 1975 - 2019 |
View Barbados's BB: GDP: USD: Gross Value Added at Factor Cost from 1975 to 2019 in the chart:
Barbados BB: GDP: USD: Gross Value Added at Factor Cost: Agriculture
BB: GDP: USD: Gross Value Added at Factor Cost: Agriculture data was reported at 60.600 USD mn in 2005. This records an increase from the previous number of 56.600 USD mn for 2004. BB: GDP: USD: Gross Value Added at Factor Cost: Agriculture data is updated yearly, averaging 66.425 USD mn from Dec 1975 to 2005, with 31 observations. The data reached an all-time high of 85.964 USD mn in 1988 and a record low of 38.326 USD mn in 1976. BB: GDP: USD: Gross Value Added at Factor Cost: Agriculture 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: Nominal. Agriculture corresponds to ISIC divisions 1-5 and includes forestry, hunting, and fishing, as well as cultivation of crops and livestock production. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; Gap-filled total; Note: Data for OECD countries are based on ISIC, revision 4.
| Last | Frequency | Range |
|---|---|---|
| 58.800 2010 | yearly | 1975 - 2010 |
View Barbados's Barbados BB: GDP: USD: Gross Value Added at Factor Cost: Agriculture from 1975 to 2010 in the chart:
Barbados BB: GDP: USD: Gross Value Added at Factor Cost: Industry
BB: GDP: USD: Gross Value Added at Factor Cost: Industry data was reported at 570.850 USD mn in 2005. This records an increase from the previous number of 519.700 USD mn for 2004. BB: GDP: USD: Gross Value Added at Factor Cost: Industry data is updated yearly, averaging 298.450 USD mn from Dec 1975 to 2005, with 31 observations. The data reached an all-time high of 570.850 USD mn in 2005 and a record low of 64.405 USD mn in 1975. BB: GDP: USD: Gross Value Added at Factor Cost: Industry 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: Nominal. Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; Gap-filled total; Note: Data for OECD countries are based on ISIC, revision 4.
| Last | Frequency | Range |
|---|---|---|
| 634.250 2010 | yearly | 1975 - 2010 |
View Barbados's Barbados BB: GDP: USD: Gross Value Added at Factor Cost: Industry from 1975 to 2010 in the chart:
BB: GDP: USD: Gross Value Added at Factor Cost: Industry: Manufacturing
BB: GDP: USD: Gross Value Added at Factor Cost: Industry: Manufacturing data was reported at 267.900 USD mn in 2022. This records an increase from the previous number of 244.100 USD mn for 2021. BB: GDP: USD: Gross Value Added at Factor Cost: Industry: Manufacturing data is updated yearly, averaging 223.835 USD mn from Dec 1975 to 2022, with 48 observations. The data reached an all-time high of 343.200 USD mn in 2008 and a record low of 35.592 USD mn in 1975. BB: GDP: USD: Gross Value Added at Factor Cost: 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: Nominal. Manufacturing refers to industries belonging to ISIC divisions 15-37. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current U.S. dollars.;World Bank national accounts data, and OECD National Accounts data files.;Gap-filled total;Note: Data for OECD countries are based on ISIC, revision 4.
| Last | Frequency | Range |
|---|---|---|
| 267.900 2022 | yearly | 1975 - 2022 |
View Barbados's BB: GDP: USD: Gross Value Added at Factor Cost: Industry: Manufacturing from 1975 to 2022 in the chart:
Barbados BB: GDP: USD: Gross Value Added at Factor Cost: Services
BB: GDP: USD: Gross Value Added at Factor Cost: Services data was reported at 3.705 USD bn in 2015. This records an increase from the previous number of 3.682 USD bn for 2014. BB: GDP: USD: Gross Value Added at Factor Cost: Services data is updated yearly, averaging 2.191 USD bn from Dec 1990 to 2015, with 26 observations. The data reached an all-time high of 3.705 USD bn in 2015 and a record low of 1.363 USD bn in 1990. BB: GDP: USD: Gross Value Added at Factor Cost: Services 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: Nominal. Services correspond to ISIC divisions 50-99. They include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; Gap-filled total; Note: Data for OECD countries are based on ISIC, revision 4.
| Last | Frequency | Range |
|---|---|---|
| 3,705.50 2015 | yearly | 1990 - 2015 |
View Barbados's Barbados BB: GDP: USD: Gross Value Added at Factor Cost: Services from 1990 to 2015 in the chart:
BB: GDP: USD: Imports of Goods and Services
BB: GDP: USD: Imports of Goods and Services data was reported at 2.463 USD bn in 2022. This records an increase from the previous number of 1.960 USD bn for 2021. BB: GDP: USD: Imports of Goods and Services data is updated yearly, averaging 1.329 USD bn from Dec 1975 to 2022, with 48 observations. The data reached an all-time high of 2.463 USD bn in 2022 and a record low of 242.950 USD mn in 1975. BB: GDP: USD: Imports of Goods and Services 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: Nominal. Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current U.S. dollars.;World Bank national accounts data, and OECD National Accounts data files.;Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 2,463.500 2022 | yearly | 1975 - 2022 |
View Barbados's BB: GDP: USD: Imports of Goods and Services from 1975 to 2022 in the chart:
BB: GDP: USD: Net Current Transfer from Abroad
BB: GDP: USD: Net Current Transfer from Abroad data was reported at -37.000 USD mn in 2022. This records a decrease from the previous number of -19.000 USD mn for 2021. BB: GDP: USD: Net Current Transfer from Abroad data is updated yearly, averaging 33.013 USD mn from Dec 1986 to 2022, with 37 observations. The data reached an all-time high of 117.750 USD mn in 2003 and a record low of -46.000 USD mn in 2019. BB: GDP: USD: Net Current Transfer from Abroad 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: Nominal. Net secondary income (from abroad) comprises transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net secondary income is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. Data are in current U.S. dollars.;World Bank national accounts data, and OECD National Accounts data files.;;
| Last | Frequency | Range |
|---|---|---|
| -37.000 2022 | yearly | 1986 - 2022 |
View Barbados's BB: GDP: USD: Net Current Transfer from Abroad from 1986 to 2022 in the chart:
BB: GDP: USD: Net Income from Abroad
BB: GDP: USD: Net Income from Abroad data was reported at -230.000 USD mn in 2022. This records a decrease from the previous number of -197.000 USD mn for 2021. BB: GDP: USD: Net Income from Abroad data is updated yearly, averaging -116.850 USD mn from Dec 1986 to 2022, with 37 observations. The data reached an all-time high of -25.655 USD mn in 1989 and a record low of -300.146 USD mn in 2011. BB: GDP: USD: Net Income from Abroad 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: Nominal. Net primary income includes the net labor income and net property and entrepreneurial income components of the SNA. Labor income covers compensation of employees paid to nonresident workers. Property and entrepreneurial income covers investment income from the ownership of foreign financial claims (interest, dividends, rent, etc.) and nonfinancial property income (patents, copyrights, etc.). Data are in current U.S. dollars.;World Bank national accounts data, and OECD National Accounts data files.;;
| Last | Frequency | Range |
|---|---|---|
| -230.000 2022 | yearly | 1986 - 2022 |
View Barbados's BB: GDP: USD: Net Income from Abroad from 1986 to 2022 in the chart:
BB: GDP: USD: Net Taxes on Product
BB: GDP: USD: Net Taxes on Product data was reported at 833.100 USD mn in 2022. This records an increase from the previous number of 768.100 USD mn for 2021. BB: GDP: USD: Net Taxes on Product data is updated yearly, averaging 456.645 USD mn from Dec 1975 to 2022, with 48 observations. The data reached an all-time high of 833.100 USD mn in 2022 and a record low of 42.640 USD mn in 1976. BB: GDP: USD: Net Taxes on Product 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: Nominal. Taxes less subsidies on products (net indirect taxes) are the sum of product taxes less subsidies. Product taxes are those taxes payable by producers that relate to the production, sale, purchase or use of the goods and services. Subsidies are grants on the current account made by general government to private enterprises and unincorporated public enterprises. The grants may take the form of payments to ensure a guaranteed price or to enable maintenance of prices of goods and services below costs of production, and other forms of assistance to producers. Data are in current U.S. dollars.;World Bank national accounts data, and OECD National Accounts data files.;;
| Last | Frequency | Range |
|---|---|---|
| 833.100 2022 | yearly | 1975 - 2022 |
View Barbados's BB: GDP: USD: Net Taxes on Product from 1975 to 2022 in the chart:
BB: Gross National Income: Linked Series
BB: Gross National Income: Linked Series data was reported at 9,495.200 BBD mn in 2021. This records an increase from the previous number of 9,208.600 BBD mn for 2020. BB: Gross National Income: Linked Series data is updated yearly, averaging 7,605.550 BBD mn from Dec 1990 to 2021, with 32 observations. The data reached an all-time high of 10,114.700 BBD mn in 2019 and a record low of 3,857.400 BBD mn in 1992. BB: Gross National Income: Linked Series 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: Nominal. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. Data are in local currency, at current prices.;World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.;;
| Last | Frequency | Range |
|---|---|---|
| 9,495.200 2021 | yearly | 1990 - 2021 |