Barbados GDP (2026)
LiveBarbados has a diversified Caribbean economy driven by tourism, financial services, international business, construction, and renewable energy. High-quality tourism infrastructure and a stable business environment continue to support long-term economic development. This page provides Barbados GDP statistics, historical trends, and economic prospects for 2026.
Barbados GDP Growth (1980โ2026)
Annual real GDP growth rate (%)
Historical Highlights
1980โ2026 GDP performance summary
Share of World GDP (2026)
Key Findings
Barbados's GDP in 2026 is $8.48B.
It ranks #160 among 218 countries.
Barbados contributes 0.01% to the world economy.
GDP per capita is $29,020 in 2026.
The economy recorded GDP growth of 2.50% in 2026.
Barbados GDP Historical Data (1980โ2026)
| 2026 | $8,483,000,000 | 2.50% | $29,020 | 0.01% | #158 |
| 2025 | $8,017,000,000 | 2.70% | $27,494 | 0.01% | #154 |
| 2024 | $7,598,000,000 | 3.40% | $26,076 | 0.01% | #159 |
| 2023 | $7,223,000,000 | 1.80% | $24,877 | 0.01% | #164 |
| 2022 | $6,887,000,000 | 15.90% | $23,799 | 0.01% | #164 |
| 2021 | $5,949,000,000 | 8.00% | $20,611 | 0.01% | #165 |
| 2020 | $5,403,000,000 | -17.40% | $18,768 | 0.01% | #166 |
| 2019 | $6,167,000,000 | 0.20% | $21,474 | 0.01% | #162 |
| 2018 | $6,001,000,000 | -0.30% | $20,950 | 0.01% | #163 |
| 2017 | $5,847,000,000 | 0.70% | $20,465 | 0.01% | #161 |
| 2016 | $5,679,000,000 | 1.40% | $19,927 | 0.01% | #162 |
| 2015 | $5,700,000,000 | -0.80% | $20,054 | 0.01% | #163 |
| 2014 | $5,685,000,000 | 0.80% | $20,061 | 0.01% | #163 |
| 2013 | $5,660,000,000 | 0.20% | $20,035 | 0.01% | #162 |
| 2012 | $5,487,000,000 | -2.90% | $19,484 | 0.01% | #160 |
| 2011 | $5,563,000,000 | -0.10% | $19,826 | 0.01% | #159 |
| 2010 | $5,429,000,000 | -2.20% | $19,418 | 0.01% | #156 |
| 2009 | $5,351,000,000 | -4.80% | $19,214 | 0.01% | #153 |
| 2008 | $5,708,000,000 | 0.70% | $20,581 | 0.01% | #152 |
| 2007 | $5,572,000,000 | 2.30% | $20,178 | 0.01% | #149 |
| 2006 | $4,969,000,000 | 5.70% | $18,066 | 0.01% | #146 |
| 2005 | $4,451,000,000 | 4.00% | $16,245 | 0.01% | #147 |
| 2004 | $3,966,000,000 | 1.40% | $14,524 | 0.01% | #147 |
| 2003 | $3,676,000,000 | 2.20% | $13,503 | 0.01% | #146 |
| 2002 | $3,554,000,000 | 0.80% | $13,092 | 0.01% | #141 |
| 2001 | $3,494,000,000 | -2.40% | $12,907 | 0.01% | #139 |
| 2000 | $3,499,000,000 | 4.50% | $12,967 | 0.01% | #136 |
| 1999 | $3,392,000,000 | 0.30% | $12,615 | 0.01% | #136 |
| 1998 | $3,230,000,000 | 3.70% | $12,055 | 0.01% | #135 |
| 1997 | $2,818,000,000 | 4.70% | $10,557 | 0.01% | #138 |
| 1996 | $2,657,000,000 | 4.00% | $9,993 | 0.01% | #140 |
| 1995 | $2,481,000,000 | 2.00% | $9,365 | 0.01% | #136 |
| 1994 | $2,354,000,000 | 2.00% | $8,915 | 0.01% | #131 |
| 1993 | $2,257,000,000 | 0.80% | $8,580 | 0.01% | #131 |
| 1992 | $2,129,000,000 | -5.70% | $8,121 | 0.01% | #131 |
| 1991 | $2,211,000,000 | -3.90% | $8,462 | 0.01% | #122 |
| 1990 | $2,202,000,000 | -3.30% | $8,456 | 0.01% | #122 |
| 1989 | $2,195,000,000 | 3.60% | $8,461 | 0.01% | #118 |
| 1988 | $1,983,000,000 | 3.50% | $7,672 | 0.01% | #120 |
| 1987 | $1,865,000,000 | 2.60% | $7,239 | 0.01% | #118 |
| 1986 | $1,693,000,000 | 5.10% | $6,596 | 0.01% | #118 |
| 1985 | $1,542,000,000 | 1.10% | $6,027 | 0.01% | #115 |
| 1984 | $1,474,000,000 | 3.60% | $5,775 | 0.01% | #112 |
| 1983 | $1,352,000,000 | 0.50% | $5,312 | 0.01% | #116 |
| 1982 | $1,274,000,000 | -4.90% | $5,017 | 0.01% | #117 |
| 1981 | $1,219,000,000 | -1.90% | $4,816 | 0.01% | #118 |
| 1980 | $1,108,000,000 | 4.40% | $4,391 | 0.01% | #122 |
Barbados GDP Projections (IMF)
i| Year | GDP Nominal (Current USD) | GDP Growth Rate (%) | GDP Per Capita (USD) | World Share (%) | Global Rank |
|---|---|---|---|---|---|
| 2027 | $8,955,000,000 | 2.20% | $30,556 | 0.01% | #148 |
| 2028 | $9,375,000,000 | 2.00% | $31,909 | 0.01% | #147 |
| 2029 | $9,811,000,000 | 2.00% | $33,309 | 0.01% | #148 |
| 2030 | $10,268,000,000 | 2.00% | $34,772 | 0.01% | #149 |
| 2031 | $10,750,000,000 | 2.00% | $36,314 | 0.01% | #149 |
Barbados Economy Overview
Barbados has a diversified island economy supported by tourism, financial services, international business, construction, education, and transportation. Tourism generates substantial foreign exchange through hotels, cruise tourism, restaurants, and leisure services.
International banking, insurance, information technology, healthcare, and business outsourcing strengthen the service economy. Renewable energy, food processing, retail, telecommunications, and professional services continue expanding alongside infrastructure modernization.
Barbados GDP Outlook
Barbados' economic outlook is supported by tourism recovery, financial services, renewable energy, and expanding digital industries. Luxury tourism, business outsourcing, education, healthcare, and international investment may continue supporting economic diversification. Climate resilience projects and infrastructure improvements could strengthen long-term sustainability. Hurricane risks, external tourism demand, public debt, imported inflation, and global economic conditions remain important uncertainties.
Data & Methodology
How the figures on this page are compiled
- Primary Sources
- IMF, World Bank, United Nations and OECD
- Historical Coverage
- 1980โ2031
- GDP Measurement
- Nominal gross domestic product in current U.S. dollars
- Update Schedule
- Updated annually using the latest available projections
- Population Data
- United Nations World Population Prospects
Frequently Asked Questions
Barbados's nominal GDP in 2026 is approximately $8,483,000,000, measured in current US dollars.
Barbados's GDP growth rate in 2026 is 2.50%.
GDP per capita in Barbados is approximately $29,020 in 2026.
Barbados ranks #160 globally by nominal GDP in 2026.
GDP is commonly calculated as household consumption plus investment, government spending, and net exports.
Sources
Related Pages
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