Barbados BB: GDP: Real: Gross Value Added at Factor Cost: Services

1975 - 2016 | Yearly | BBD mn | World Bank

Barbados BB: GDP: Real: Gross Value Added at Factor Cost: Services data was reported at 940.200 BBD mn in 2016. This records an increase from the previous number of 921.000 BBD mn for 2015. Barbados BB: GDP: Real: Gross Value Added at Factor Cost: Services data is updated yearly, averaging 649.550 BBD mn from Dec 1975 to 2016, with 42 observations. The data reached an all-time high of 940.200 BBD mn in 2016 and a record low of 436.388 BBD mn in 1975. Barbados BB: GDP: Real: 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: Real. 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 constant local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ; Note: Data for OECD countries are based on ISIC, revision 4.

View Barbados's Barbados BB: GDP: Real: Gross Value Added at Factor Cost: Services from 1975 to 2016 in the chart:

Barbados Barbados BB: GDP: Real: Gross Value Added at Factor Cost: Services

What was Barbados's Barbados BB: GDP: Real: Gross Value Added at Factor Cost: Services in 2016?

Last Previous Min Max Unit Frequency Range
940.20 2016 921.00 2015 436.39 1975 940.20 2016 BBD mn yearly 1975 - 2016

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Barbados Key Series

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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) 4.855 2029 yearly 1995 - 2029
Forecast: Government Net Debt (BBD bn) 14.084 2029 yearly 1995 - 2029
Forecast: Government Revenue (BBD bn) 4.871 2029 yearly 1995 - 2029
Demographic and Labour Market Last Frequency Range
Forecast: Population (Person mn) 0.294 2028 yearly 1980 - 2028
Forecast: Unemployment Rate (%) 9.718 2028 yearly 1981 - 2028
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) -0.438 2028 yearly 1980 - 2028

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