Barbados GDP (2026)

Live
Last updated: GDP values are shown in current U.S. dollars

Barbados 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 Live GDP
$5,195,093,462
GDP Added Today
$12,329,079
GDP Growth Rate (2026)
2.50%
vs 2025
โ–ผ โˆ’0.20%
GDP Per Capita (2026)
$29,020
vs 2025
โ–ฒ +$1,526
Global Rank (Nominal)
#160
of 218 countries
Years Covered
1980โ€“2026
47 years

Barbados GDP Growth (1980โ€“2026)

Annual real GDP growth rate (%)

Historical Highlights

1980โ€“2026 GDP performance summary

Highest GDP $8.48B
Lowest GDP $1.11B
Average Growth 1.07%
1980โ€“2026
Best Growth 15.90%
Weakest Growth -17.40%
โ—‰

Share of World GDP (2026)

Barbados 0.01%
United States 25.58%
China 16.47%
Germany 4.31%
Japan 3.46%
Rest of World 50.18%
โ˜†

Key Findings

โœ“

Barbados's GDP in 2026 is $8.48B.

โœ“

It ranks #160 among 218 countries.

โœ“

Barbados contributes 0.01% to the world economy.

โœ“

GDP per capita is $29,020 in 2026.

โœ“

The economy recorded GDP growth of 2.50% in 2026.

Historical Data

Barbados GDP Historical Data (1980โ€“2026)

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.