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Barbados — GDP growth
GDP Growth (Annual %) for Barbados, 1961–2025.
Latest value · 2025
2.70%
GDP Growth (Annual %) · annual % · -64.9% since 1961
GDP growth for Barbados was 2.70% in 2025, according to the latest World Bank data. The series covers 65 years, from 1961 to 2025. The highest recorded value was 15.95% in 2022. The lowest was -17.41% in 2020 (about -6.4× the latest value). Across that span the compound annual growth rate works out to -1.62% per year.
Barbados ranks 127 of 212 economies on this measure (1 = highest), putting it in the top 60%. The median for Latin America & Caribbean is 3.38%, so Barbados sits below it. It peaked in 2022 and has fallen 83% since. Over the last decade (2015–2025) the figure moved up 449%.
Key figures
Latest (2025)
2.70%
First (1961)
7.70%
Change
-64.9%
Highest
15.95%
in 2022
Lowest
-17.41%
in 2020
Average
1.99%
Annual growth (CAGR)
-1.62%
Years of data
65
Recent years
| Year | annual % |
|---|---|
| 2025 | 2.7% |
| 2024 | 3.37% |
| 2023 | 1.81% |
| 2022 | 15.95% |
| 2021 | 8.02% |
| 2020 | -17.41% |
| 2019 | 0.24% |
| 2018 | -0.25% |
| 2017 | 0.65% |
| 2016 | 1.42% |
| 2015 | -0.77% |
| 2014 | 0.81% |
Reading this correctly. Annual percentage growth rate of GDP at constant market prices. A negative value means the economy contracted that year. Figures are in annual %. Comparing this series with a different measure of the same concept (for example a nominal figure against a purchasing-power-parity figure) will give misleading results.
Related data
Source. World Bank Open Data, indicator
NY.GDP.MKTP.KD.ZG — GDP Growth (Annual %). Data licensed under CC BY 4.0. Values are reproduced as published; this page computes the summary statistics (change, CAGR, extremes) from the underlying annual series. View the original dataset on data.worldbank.org.