Barbados GDP: 2015 Price: USD: Gross Value Added Per Worker: Services

1991 - 2023 | Yearly | USD mn | World Bank

Barbados GDP: 2015 Price: USD: Gross Value Added Per Worker: Services data was reported at 0.041 USD mn in 2023. This records an increase from the previous number of 0.040 USD mn for 2022. Barbados GDP: 2015 Price: USD: Gross Value Added Per Worker: Services data is updated yearly, averaging 0.044 USD mn from Dec 1991 (Median) to 2023, with 33 observations. The data reached an all-time high of 0.044 USD mn in 2008 and a record low of 0.022 USD mn in 2005. Barbados GDP: 2015 Price: USD: Gross Value Added Per Worker: 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. The core indicator has been divided by the number of workers in the economy to derive a measure of labor productivity. 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.;World Development Indicators database, World Bank (WB); ILOSTAT database, International Labour Organization (ILO);Weighted average;

View Barbados's Barbados GDP: 2015 Price: USD: Gross Value Added Per Worker: Services from 1991 to 2023 in the chart:

Barbados Barbados GDP: 2015 Price: USD: Gross Value Added Per Worker: Services

What was Barbados's Barbados GDP: 2015 Price: USD: Gross Value Added Per Worker: Services in 2023?

Last Previous Min Max Unit Frequency Range
0.039 2023 0.038 2022 0.020 2005 0.040 2008 USD mn yearly 1991 - 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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