Barbados — GDP growth
GDP Growth (Annual %) for Barbados, 1961–2025.
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%. Within Latin America & Caribbean it ranks 23 of 40 economies; St. Kitts and Nevis (2.69%) is just below it. Its sharpest one-year move was down 7319% in 2020. That is 89% above this series' own ten-year average.
Data highlights
From its 1961 level: doubled by 2022.
World ranking. Slipped: 20th of 107 in 1961 → 24th of 119 in 1970 → 62nd of 152 in 1980 → 156th of 176 in 1990 → 90th of 199 in 2000 → 208th of 209 in 2010 → 195th of 209 in 2020 → 116th of 186 in 2025.
Key figures
Full history — 1961 to 2025
| Year | annual % | Change |
|---|---|---|
| 2025 | 2.7% | -0.7 pp |
| 2024 | 3.37% | +1.6 pp |
| 2023 | 1.81% | -14.1 pp |
| 2022 | 15.95% | +7.9 pp |
| 2021 | 8.02% | +25.4 pp |
| 2020 | -17.41% | -17.6 pp |
| 2019 | 0.24% | +0.5 pp |
| 2018 | -0.25% | -0.9 pp |
| 2017 | 0.65% | -0.8 pp |
| 2016 | 1.42% | +2.2 pp |
| 2015 | -0.77% | -1.6 pp |
| 2014 | 0.81% | +0.6 pp |
| 2013 | 0.2% | +3.1 pp |
| 2012 | -2.86% | -2.8 pp |
| 2011 | -0.07% | +8.0 pp |
| 2010 | -8.08% | -3.1 pp |
| 2009 | -5.02% | -5.7 pp |
| 2008 | 0.63% | -1.4 pp |
| 2007 | 2.08% | -4.0 pp |
| 2006 | 6.07% | +2.1 pp |
| 2005 | 3.96% | +2.5 pp |
| 2004 | 1.41% | -0.8 pp |
| 2003 | 2.18% | +1.4 pp |
| 2002 | 0.79% | +3.2 pp |
| 2001 | -2.37% | -6.8 pp |
| 2000 | 4.45% | +4.1 pp |
| 1999 | 0.33% | -3.4 pp |
| 1998 | 3.73% | -1.0 pp |
| 1997 | 4.74% | +0.8 pp |
| 1996 | 3.98% | +2.0 pp |
| 1995 | 2.01% | +0.0 pp |
| 1994 | 2.01% | +1.2 pp |
| 1993 | 0.79% | +6.5 pp |
| 1992 | -5.69% | -1.8 pp |
| 1991 | -3.9% | -0.6 pp |
| 1990 | -3.31% | -6.9 pp |
| 1989 | 3.6% | +0.1 pp |
| 1988 | 3.51% | +0.9 pp |
| 1987 | 2.59% | -2.5 pp |
| 1986 | 5.1% | +4.0 pp |
| 1985 | 1.1% | -2.5 pp |
| 1984 | 3.6% | +3.1 pp |
| 1983 | 0.5% | +5.4 pp |
| 1982 | -4.9% | -3.0 pp |
| 1981 | -1.9% | -6.3 pp |
| 1980 | 4.37% | -3.5 pp |
| 1979 | 7.89% | +3.0 pp |
| 1978 | 4.88% | +1.2 pp |
| 1977 | 3.64% | -0.7 pp |
| 1976 | 4.36% | +6.3 pp |
| 1975 | -1.9% | +2.8 pp |
| 1974 | -4.65% | -6.0 pp |
| 1973 | 1.34% | +0.1 pp |
| 1972 | 1.27% | -2.6 pp |
| 1971 | 3.91% | -5.6 pp |
| 1970 | 9.51% | +2.0 pp |
| 1969 | 7.52% | +0.6 pp |
| 1968 | 6.92% | -3.7 pp |
| 1967 | 10.64% | +6.6 pp |
| 1966 | 4% | -7.4 pp |
| 1965 | 11.43% | +6.4 pp |
| 1964 | 5% | +10.1 pp |
| 1963 | -5.08% | -14.1 pp |
| 1962 | 9.06% | +1.4 pp |
| 1961 | 7.7% | — |
Frequently asked questions
What was Barbados’s GDP growth in 1962?
9.06% (1962). The full year-by-year table above lists every published year, most recent first.
Are changes in this series measured in percentage points?
Yes. The series is a share expressed in annual %, so year-over-year movements in the Change column are percentage points (pp), not percent.
Is Barbados’s GDP growth growing or shrinking?
Between 1961 and 2025 the series was shrinking overall: -64.9% in total — about 1.6% a year compounded.
Where does this data come from?
World Bank Open Data (CC BY-4.0), indicator NY.GDP.MKTP.KD.ZG. Values are reproduced as published; this page only computes summary statistics such as change, CAGR and extremes.
What are the most recent published figures?
The last five published years: 2025: 2.7%; 2024: 3.37%; 2023: 1.81%; 2022: 15.95%; 2021: 8.02%. Earlier years are in the full-history table below.
Related data
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.