The share of value added by the manufacturing industry to the gross domestic product in Barbados decreased by 0.3 percentage points (-6.05 percent) in 2022 in comparison to the previous year. This was the first time during the observed period that the share declined in Barbados. Notably, the share is continuously decreasing over the last years. These figures refer to the share of total gross domestic product (GDP) made up by manufacturing output.
Share of value added by the manufacturing industry to the gross domestic product (GDP) in Barbados from 2013 to 2022
Characteristic
Share of GDP
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Data represents the share of value added to GDP by the manufacturing sector. Value added is the value of the gross output of producers minus the value of intermediate goods and services consumed in production. Figures have been rounded.
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World Bank. (May 30, 2024). Share of value added by the manufacturing industry to the gross domestic product (GDP) in Barbados from 2013 to 2022 [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1077375/manufacturing-industry-share-gdp-barbados/
World Bank. "Share of value added by the manufacturing industry to the gross domestic product (GDP) in Barbados from 2013 to 2022." Chart. May 30, 2024. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1077375/manufacturing-industry-share-gdp-barbados/
World Bank. (2024). Share of value added by the manufacturing industry to the gross domestic product (GDP) in Barbados from 2013 to 2022. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1077375/manufacturing-industry-share-gdp-barbados/
World Bank. "Share of Value Added by The Manufacturing Industry to The Gross Domestic Product (Gdp) in Barbados from 2013 to 2022." Statista, Statista Inc., 30 May 2024, https://www.statista.com/statistics/1077375/manufacturing-industry-share-gdp-barbados/
World Bank, Share of value added by the manufacturing industry to the gross domestic product (GDP) in Barbados from 2013 to 2022 Statista, https://www.statista.com/statistics/1077375/manufacturing-industry-share-gdp-barbados/ (last visited July 22, 2024)
Share of value added by the manufacturing industry to the gross domestic product (GDP) in Barbados from 2013 to 2022 [Graph], World Bank, May 30, 2024. [Online]. Available: https://www.statista.com/statistics/1077375/manufacturing-industry-share-gdp-barbados/