Barbados - GDP per capita

GDP per capita (current US$)

The latest value for GDP per capita (current US$) in Barbados was $15,374 as of 2020. Over the past 46 years, the value for this indicator has fluctuated between $18,149 in 2019 and $1,275 in 1974.

Definition: GDP per capita is gross domestic product divided by midyear population. 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. Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1974 $1,275
1975 $1,634
1976 $1,761
1977 $1,989
1978 $2,210
1979 $2,667
1980 $4,011
1981 $4,399
1982 $4,581
1983 $4,851
1984 $5,272
1985 $5,500
1986 $6,020
1987 $6,606
1988 $7,000
1989 $7,717
1990 $7,711
1991 $7,715
1992 $7,444
1993 $7,820
1994 $8,122
1995 $8,336
1996 $8,851
1997 $9,316
1998 $10,459
1999 $10,914
2000 $11,268
2001 $11,209
2002 $11,362
2003 $11,699
2004 $12,513
2005 $13,823
2006 $15,200
2007 $16,771
2008 $17,093
2009 $15,885
2010 $16,056
2011 $16,458
2012 $16,250
2013 $16,451
2014 $16,489
2015 $16,525
2016 $16,900
2017 $17,392
2018 $17,745
2019 $18,149
2020 $15,374

GDP per capita (current LCU)

The value for GDP per capita (current LCU) in Barbados was 30,748 as of 2020. As the graph below shows, over the past 46 years this indicator reached a maximum value of 36,297 in 2019 and a minimum value of 2,617 in 1974.

Definition: GDP per capita is gross domestic product divided by midyear population. 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. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1974 2,617
1975 3,300
1976 3,528
1977 3,991
1978 4,445
1979 5,364
1980 8,067
1981 8,847
1982 9,214
1983 9,757
1984 10,603
1985 11,063
1986 12,107
1987 13,286
1988 14,079
1989 15,522
1990 15,510
1991 15,517
1992 14,888
1993 15,728
1994 16,335
1995 16,766
1996 17,802
1997 18,737
1998 21,037
1999 21,952
2000 22,537
2001 22,419
2002 22,723
2003 23,399
2004 25,025
2005 27,645
2006 30,399
2007 33,541
2008 34,185
2009 31,771
2010 32,113
2011 32,917
2012 32,499
2013 32,903
2014 32,978
2015 33,050
2016 33,800
2017 34,783
2018 35,491
2019 36,297
2020 30,748

GDP per capita (constant 2010 US$)

The latest value for GDP per capita (constant 2010 US$) in Barbados was 13,595 as of 2020. Over the past 46 years, the value for this indicator has fluctuated between 18,205 in 2008 and 11,354 in 1975.

Definition: GDP per capita is gross domestic product divided by midyear population. 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. Data are in constant 2010 U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1974 11,646
1975 11,354
1976 11,781
1977 12,144
1978 12,672
1979 13,609
1980 14,146
1981 13,828
1982 13,109
1983 13,138
1984 13,574
1985 13,682
1986 14,332
1987 14,653
1988 15,110
1989 15,594
1990 15,022
1991 14,383
1992 13,513
1993 13,570
1994 13,789
1995 14,011
1996 14,509
1997 15,132
1998 15,629
1999 15,616
2000 16,247
2001 15,806
2002 15,876
2003 16,168
2004 16,339
2005 16,922
2006 17,846
2007 18,159
2008 18,205
2009 17,209
2010 16,755
2011 16,591
2012 16,475
2013 16,209
2014 16,158
2015 16,525
2016 16,907
2017 16,961
2018 16,839
2019 16,800
2020 13,595

GDP per capita (constant LCU)

The value for GDP per capita (constant LCU) in Barbados was 26,057 as of 2020. As the graph below shows, over the past 46 years this indicator reached a maximum value of 34,892 in 2008 and a minimum value of 21,762 in 1975.

Definition: GDP per capita is gross domestic product divided by midyear population. GDP at purchaser's prices 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. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1974 22,321
1975 21,762
1976 22,580
1977 23,276
1978 24,287
1979 26,085
1980 27,113
1981 26,503
1982 25,126
1983 25,181
1984 26,016
1985 26,223
1986 27,470
1987 28,084
1988 28,961
1989 29,889
1990 28,793
1991 27,567
1992 25,901
1993 26,009
1994 26,430
1995 26,854
1996 27,808
1997 29,003
1998 29,955
1999 29,931
2000 31,141
2001 30,294
2002 30,429
2003 30,988
2004 31,317
2005 32,433
2006 34,205
2007 34,804
2008 34,892
2009 32,984
2010 32,113
2011 31,800
2012 31,576
2013 31,066
2014 30,970
2015 31,672
2016 32,404
2017 32,509
2018 32,274
2019 32,200
2020 26,057

GDP per capita, PPP (current international $)

The latest value for GDP per capita, PPP (current international $) in Barbados was 13,350 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 17,191 in 2008 and 9,106 in 1992.

Definition: GDP per capita based on purchasing power parity (PPP). PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP at purchaser's prices 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. Data are in current international dollars based on the 2011 ICP round.

Source: World Bank, International Comparison Program database.

See also:

Year Value
1990 9,574
1991 9,476
1992 9,106
1993 9,361
1994 9,715
1995 10,079
1996 10,628
1997 11,282
1998 11,784
1999 11,945
2000 12,705
2001 12,631
2002 12,888
2003 13,368
2004 13,874
2005 14,816
2006 16,098
2007 16,820
2008 17,191
2009 16,375
2010 16,128
2011 16,304
2012 15,310
2013 15,335
2014 15,176
2015 15,511
2016 15,952
2017 15,789
2018 16,051
2019 16,300
2020 13,350

GDP per capita, PPP (constant 2011 international $)

The latest value for GDP per capita, PPP (constant 2011 international $) in Barbados was 12,655 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 16,947 in 2008 and 12,579 in 1992.

Definition: GDP per capita based on purchasing power parity (PPP). PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP at purchaser's prices 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. Data are in constant 2011 international dollars.

Source: World Bank, International Comparison Program database.

See also:

Year Value
1990 13,984
1991 13,389
1992 12,579
1993 12,632
1994 12,836
1995 13,043
1996 13,506
1997 14,086
1998 14,549
1999 14,537
2000 15,124
2001 14,713
2002 14,779
2003 15,050
2004 15,210
2005 15,752
2006 16,613
2007 16,904
2008 16,947
2009 16,020
2010 15,597
2011 15,445
2012 15,336
2013 15,088
2014 15,042
2015 15,383
2016 15,738
2017 15,789
2018 15,675
2019 15,639
2020 12,655

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts