Latin America & Caribbean
🇧🇧 Barbados
Real-time economic and demographic statistics for Barbados
GDP
#164
of 214
Population
#179
of 217
GDP per Capita
#64
of 214
GDP Growth
#64
of 214
Share of World
0.01%
of world GDP
Income Level
High income
Barbados GDP (2015–2024)
+3.80%annual growth
Chart data: 2015: 5,288,057,750 USD, 2016: 5,330,761,500 USD, 2017: 5,517,340,450 USD, 2018: 5,629,916,200 USD, 2019: 5,788,288,000 USD, 2020: 5,168,344,450 USD, 2021: 5,275,242,050 USD, 2022: 6,257,303,500 USD, 2023: 6,720,733,200 USD, 2024: 7,165,000,000 USD
Demographics
282,467
Population
+0.05%annual growth
Labor Market
7.53%
Unemployment Rate
-0.35ppannual change
Verified: Nov 2025
Economics
-0.46%
Inflation Rate
-10.25ppannual change
Frequently Asked Questions
- What is Barbados's GDP?
- Barbados's GDP is approximately $7.2 billion (2024, representing 0.0% of world GDP), making it the #164 largest economy out of 214 countries. Data sourced from the World Bank.
- What is Barbados's population?
- Barbados has a population of approximately 282,467 — the #179 most populous country in the world. Population data is collected annually by the World Bank from national statistical agencies.
- What is Barbados's GDP per capita?
- Barbados's GDP per capita is approximately $25,366, ranking #64 globally. This metric reflects average economic output per person and is a key indicator of living standards.
- How fast is Barbados's economy growing?
- Barbados's economy is currently growing at approximately 3.8% per year, ranking #64 globally by GDP growth rate. Data sourced from the World Bank.
- What region is Barbados in?
- Barbados is located in the Latin America & Caribbean region and is classified as a high income economy by the World Bank. This classification is based on gross national income (GNI) per capita.
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