Barbados GDP: 2015 Price: USD: Gross Value Added at Basic Prices: Services

1975 - 2023 | Yearly | USD mn | World Bank

Barbados GDP: 2015 Price: USD: Gross Value Added at Basic Prices: Services data was reported at 3.722 USD bn in 2023. This records an increase from the previous number of 3.556 USD bn for 2022. Barbados GDP: 2015 Price: USD: Gross Value Added at Basic Prices: Services data is updated yearly, averaging 1.835 USD bn from Dec 1975 (Median) to 2023, with 49 observations. The data reached an all-time high of 3.722 USD bn in 2023 and a record low of 1.080 USD bn in 1975. Barbados GDP: 2015 Price: USD: Gross Value Added at Basic Prices: Services 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: Real. Services correspond to ISIC divisions 45-99. They include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 4. Data are in constant 2015 prices, expressed in U.S. dollars.;World Bank national accounts data, and OECD National Accounts data files.;Gap-filled total;

View Barbados's Barbados GDP: 2015 Price: USD: Gross Value Added at Basic Prices: Services from 1975 to 2023 in the chart:

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Barbados Barbados GDP: 2015 Price: USD: Gross Value Added at Basic Prices: Services
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Barbados Barbados GDP: 2015 Price: USD: Gross Value Added at Basic Prices: Services

What was Barbados's Barbados GDP: 2015 Price: USD: Gross Value Added at Basic Prices: Services in 2023?

Last Previous Min Max Unit Frequency Range
3,722.311 2023 3,555.722 2022 1,079.560 1975 3,722.311 2023 USD mn yearly 1975 - 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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