Barbados GDP: 2015 Price: USD: Gross Value Added at Basic Prices: Services

Barbados GDP: 2015 Price: USD: Gross Value Added at Basic Prices: Services data was reported at 4.639 USD bn in 2024. This records an increase from the previous number of 4.536 USD bn for 2023. Barbados GDP: 2015 Price: USD: Gross Value Added at Basic Prices: Services data is updated yearly, averaging 2.381 USD bn from Dec 1975 (Median) to 2024, with 50 observations. The data reached an all-time high of 4.862 USD bn in 2008 and a record low of 1.411 USD bn in 1975. Barbados GDP: 2015 Price: USD: Gross Value Added at Basic Prices: 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: Real. Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and retaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. 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 in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.;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);Gap-filled total;

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