The gross domestic product (GDP) in current prices in Barbados was forecast to continuously increase between 2024 and 2029 by in total 2.1 billion U.S. dollars (+29.17 percent). After the ninth consecutive increasing year, the GDP is estimated to reach 9.29 billion U.S. dollars and therefore a new peak in 2029. This indicator describes the gross domestic product at current prices. The values are based upon the GDP in national currency converted to U.S. dollars using market exchange rates (yearly average). The GDP represents the total value of final goods and services produced during a year.
Find more key insights for the gross domestic product (GDP) in current prices in countries like Puerto Rico, Jamaica, and St. Lucia.
Barbados: Gross domestic product (GDP) in current prices from 1989 to 2029
(in billion international dollars)
Characteristic
Gross domestic product in billion international dollars
2029*
9.29
2028*
8.85
2027*
8.44
2026*
8.04
2025*
7.65
2024*
7.2
2023
6.72
2022
6.26
2021
5.28
2020
5.17
2019
5.79
2018
5.63
2017
5.52
2016
5.33
2015
5.29
2014
5.37
2013
5.34
2012
5.23
2011
5.3
2010
5.14
2009
5.06
2008
5.4
2007
5.27
2006
4.7
2005
4.21
2004
3.75
2003
3.48
2002
3.36
2001
3.31
2000
3.31
1999
3.21
1998
3.06
1997
2.67
1996
2.52
1995
2.35
1994
2.23
1993
2.14
1992
2.02
1991
2.09
1990
2.08
1989
2.08
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IMF. (October 22, 2024). Barbados: Gross domestic product (GDP) in current prices from 1989 to 2029 (in billion international dollars) [Graph]. In Statista. Retrieved November 03, 2024, from https://www.statista.com/statistics/533703/gross-domestic-product-gdp-in-barbados/
IMF. "Barbados: Gross domestic product (GDP) in current prices from 1989 to 2029 (in billion international dollars)." Chart. October 22, 2024. Statista. Accessed November 03, 2024. https://www.statista.com/statistics/533703/gross-domestic-product-gdp-in-barbados/
IMF. (2024). Barbados: Gross domestic product (GDP) in current prices from 1989 to 2029 (in billion international dollars). Statista. Statista Inc.. Accessed: November 03, 2024. https://www.statista.com/statistics/533703/gross-domestic-product-gdp-in-barbados/
IMF. "Barbados: Gross Domestic Product (Gdp) in Current Prices from 1989 to 2029 (in Billion International Dollars)." Statista, Statista Inc., 22 Oct 2024, https://www.statista.com/statistics/533703/gross-domestic-product-gdp-in-barbados/
IMF, Barbados: Gross domestic product (GDP) in current prices from 1989 to 2029 (in billion international dollars) Statista, https://www.statista.com/statistics/533703/gross-domestic-product-gdp-in-barbados/ (last visited November 03, 2024)
Barbados: Gross domestic product (GDP) in current prices from 1989 to 2029 (in billion international dollars) [Graph], IMF, October 22, 2024. [Online]. Available: https://www.statista.com/statistics/533703/gross-domestic-product-gdp-in-barbados/