Barbados Economic Indicators
Latest economic indicators and statistics for Barbados.
| Indicator | Current Value | Previous Value | Frequency | Period |
|---|---|---|---|---|
| GDP | $7.16B | $6.72B | Yearly | 2024 |
| GDP Annual Growth Rate | 3.8% | 4.09% | Yearly | 2024 |
| GDP per Capita | $20,474.64 | $19,734.24 | Yearly | 2024 |
| GDP per Capita PPP | $19,945.74 | $19,224.46 | Yearly | 2024 |
| Real GDP | $5.78B | $5.57B | Yearly | 2024 |
| Annual Inflation Rate | -0.46% | 9.79% | Yearly | 2024 |
| Annual Unemployment Rate | 7.53% | 7.88% | Yearly | 2024 |
| Female Labor Force Rate | 59.73% | 60.12% | Yearly | 2024 |
| Unemployment Rate | 7.1% | 7.7% | Quarterly | Q3 2024 |
| Annual Exports | $494M | $475.84M | Yearly | 2024 |
| Annual Imports | $2.16B | $2.14B | Yearly | 2024 |
| FDI Inflows (% GDP) | 3.35% | 3.2% | Yearly | 2023 |
| Net Trade (Goods & Services, BoP) | $15.07M | $171.9M | Yearly | 2017 |
| Tariff Rate | 11.87% | 9.53% | Yearly | 2022 |
| Private Credit (% GDP) | 64.2% | 67.2% | Yearly | 2023 |
| Homicide Rate | 11.38 | 14.61 | Yearly | 2021 |
| Population | 282,467 | 282,336 | Yearly | 2024 |
| Primary Enrollment Rate | 93.45% | 95.58% | Yearly | 2023 |
| Agricultural Land (%) | 23.26% | 23.26% | Yearly | 2022 |
| Annual CO2 Emissions | 1.19M tonnes | 1.14M tonnes | Yearly | 2023 |
| Forest Area (%) | 14.65% | 14.65% | Yearly | 2022 |
| Corruption Control | 1.34 points | 1.28 points | Yearly | 2023 |
| Political stability index | 1.19 points | 1.14 points | Yearly | 2023 |
| Infant Mortality Rate | 9.3 | 9.6 | Yearly | 2023 |
| Life Expectancy | 76.18 | 75.68 | Yearly | 2023 |
| Physicians per 1,000 people | 2.96 | 2.88 | Yearly | 2022 |
| Electricity Access | 100% | 100% | Yearly | 2023 |
| Internet Users | 80% | 79.4% | Yearly | 2023 |
| Visitor Arrivals | 966,000 | 1.36M | Yearly | 2019 |