Barbados BB: GDP: Growth

1961 - 2023 | Yearly | % | World Bank

Barbados BB: GDP: Growth data was reported at 4.516 % in 2023. This records a decrease from the previous number of 13.481 % for 2022. Barbados BB: GDP: Growth data is updated yearly, averaging 2.079 % from Dec 1961 (Median) to 2023, with 63 observations. The data reached an all-time high of 13.481 % in 2022 and a record low of -12.540 % in 2020. Barbados BB: GDP: Growth 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: Annual Growth Rate. Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2015 prices, expressed in U.S. dollars. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;

View Barbados's Barbados BB: GDP: Growth from 1961 to 2023 in the chart:

Barbados Barbados BB: GDP: Growth

What was Barbados's Barbados BB: GDP: Growth in 2023?

Last Previous Min Max Unit Frequency Range
4.516 2023 13.481 2022 -12.540 2020 13.481 2022 % yearly 1961 - 2023

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Barbados Key Series

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) 4.732 2030 yearly 1995 - 2030
Forecast: Government Net Debt (BBD bn) 14.552 2030 yearly 1995 - 2030
Forecast: Government Revenue (BBD bn) 4.848 2030 yearly 1995 - 2030
Demographic and Labour Market Last Frequency Range
Forecast: Population (Person mn) 0.294 2028 yearly 1980 - 2028
Forecast: Unemployment Rate (%) 7.677 2029 yearly 1981 - 2029
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) -0.445 2029 yearly 1980 - 2029

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