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Charts & Stats
Barbados GDP (current US$)
What is Barbados' gdp (current us$)? As of 2023, it's 7.2B current US$, up from 5.7B current US$ in 2014.
Author: Wantstats Research TeamSource: World Bank and Wantstats Repository
| Label | GDP (current US$) |
|---|---|
| 2014 | 5684901000 current US$ |
| 2015 | 5699619150 current US$ |
| 2016 | 5679029450 current US$ |
| 2017 | 5847381600 current US$ |
| 2018 | 6001101550 current US$ |
| 2019 | 6166710800 current US$ |
| 2020 | 5403246950 current US$ |
| 2021 | 5948900600 current US$ |
| 2022 | 6886644900 current US$ |
| 2023 | 7223248150 current US$ |
Data Source: World Bank and Wantstats Repository
Barbados GDP (current US$): Key Points
- Take Barbados' gDP at face value first: 7.22B current US$ as of 2023, versus 5.68B current US$ when the series starts in 2014, a 27% rise.
- 2015-2016: barely budges, 5.68B current US$.
- 2017-2019: climbs to 6.17B current US$ (+9%).
- 2020: down to 5.40B current US$ (-12%).
- 2021-2023: surges to 7.22B current US$ (+34%).
- By the last year on record, 2023, the figure sits at 7.22B current US$ — 27.1% above 2014.
Reading A Choppy Series
With movement this mixed, it is worth being skeptical of anyone drawing a strong conclusion from just the start and end points.
Timing matters here: 2020 is when most of the world went through some version of pandemic disruption. This chart's dip landing in that same year is worth keeping in mind, even without certainty about the specific cause.
A 16% move in 2022 alone is doing a lot of the work in this chart's overall story. Understand that one year and you understand most of what is driving the whole series.
On its own, this line shows movement, not meaning. Whether Barbados's gDP trend here is a success or a warning sign depends on context this single chart doesn't carry — comparable countries, policy changes, or a longer time horizon.
Like most indicator series of this kind, the Barbados numbers here are compiled from periodic surveys and filled in with modeling for the years between — read the shape of the trend, hold individual annual figures loosely.
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Bong Lau
Sales Leader, Bamberg
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Peter Groot Koerkamp
Account and Business Manager, EFS-Holland BV
Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Senior Retail Manager, LG Chem
We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin
Management Consultant, Level 21
I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker
Group Product Manager HVAC & Fire Protection GMA, Rockwool
I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee
R&D Director, Seojin
Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu
Strategy & Business Development Director, Dogan Holding
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