Barbados Annual GDP Growth Table
Source: WorldbankGrowth | Growth Capita
In 2024, Barbados experienced a significant a decrease in its GDP growth rate, which fall to 2.482% from 2.914% in 2023. Additionally, the GDP per capita growth rate in Barbados decrease to 2.435% in 2024, compared to 2.908% in 2023.
| Year | GDP Growth | Net Chg | GDP Capita Growth | Net Chg |
|---|---|---|---|---|
| 1961 | 7.697% | 7.70% | 6.655% | 6.66% |
| 1962 | 9.061% | 1.36% | 8.098% | 1.44% |
| 1963 | -5.078% | -14.14% | -6.011% | -14.11% |
| 1964 | 5.005% | 10.08% | 3.954% | 9.97% |
| 1965 | 11.435% | 6.43% | 10.304% | 6.35% |
| 1966 | 4.003% | -7.43% | 2.909% | -7.40% |
| 1967 | 10.636% | 6.63% | 9.698% | 6.79% |
| 1968 | 6.922% | -3.71% | 6.298% | -3.40% |
| 1969 | 7.518% | 0.60% | 7.129% | 0.83% |
| 1970 | 9.509% | 1.99% | 9.534% | 2.41% |
| 1971 | 3.913% | -5.60% | 4.004% | -5.53% |
| 1972 | 1.274% | -2.64% | 1.075% | -2.93% |
| 1973 | 1.341% | 0.07% | 1.072% | 0.00% |
| 1974 | -4.651% | -5.99% | -4.824% | -5.90% |
| 1975 | -1.9% | 2.75% | -2.055% | 2.77% |
| 1976 | 4.36% | 6.26% | 4.249% | 6.30% |
| 1977 | 3.642% | -0.72% | 3.566% | -0.68% |
| 1978 | 4.877% | 1.24% | 4.908% | 1.34% |
| 1979 | 7.893% | 3.02% | 8.014% | 3.11% |
| 1980 | 4.373% | -3.52% | 4.267% | -3.75% |
| 1981 | -1.9% | -6.27% | -2.19% | -6.46% |
| 1982 | -4.901% | -3.00% | -5.211% | -3.02% |
| 1983 | 0.501% | 5.40% | 0.146% | 5.36% |
| 1984 | 3.6% | 3.10% | 3.223% | 3.08% |
| 1985 | 1.098% | -2.50% | 0.743% | -2.48% |
| 1986 | 5.104% | 4.01% | 4.777% | 4.03% |
| 1987 | 2.591% | -2.51% | 2.327% | -2.45% |
| 1988 | 3.505% | 0.91% | 3.311% | 0.98% |
| 1989 | 3.6% | 0.10% | 3.461% | 0.15% |
| 1990 | -3.308% | -6.91% | -3.484% | -6.95% |
| 1991 | -3.9% | -0.59% | -4.193% | -0.71% |
| 1992 | -5.693% | -1.79% | -6.016% | -1.82% |
| 1993 | 0.793% | 6.49% | 0.5% | 6.52% |
| 1994 | 2.011% | 1.22% | 1.78% | 1.28% |
| 1995 | 2.014% | 0.00% | 1.851% | 0.07% |
| 1996 | 3.976% | 1.96% | 3.879% | 2.03% |
| 1997 | 4.74% | 0.76% | 4.697% | 0.82% |
| 1998 | 3.728% | -1.01% | 3.711% | -0.99% |
| 1999 | 0.335% | -3.39% | 0.304% | -3.41% |
| 2000 | 4.447% | 4.11% | 4.628% | 4.32% |
| 2001 | -2.365% | -6.81% | -2.5% | -7.13% |
| 2002 | 0.787% | 3.15% | 0.13% | 2.63% |
| 2003 | 2.175% | 1.39% | 1.55% | 1.42% |
| 2004 | 1.412% | -0.76% | 0.834% | -0.72% |
| 2005 | 3.955% | 2.54% | 3.411% | 2.58% |
| 2006 | 6.071% | 2.12% | 5.561% | 2.15% |
| 2007 | 2.079% | -3.99% | 1.595% | -3.97% |
| 2008 | 0.633% | -1.45% | 0.107% | -1.49% |
| 2009 | -5.017% | -5.65% | -5.505% | -5.61% |
| 2010 | -2.218% | 2.80% | -2.616% | 2.89% |
| 2011 | -0.31% | 1.91% | -0.634% | 1.98% |
| 2012 | -3.414% | -3.10% | -3.693% | -3.06% |
| 2013 | -1.771% | 1.64% | -2.028% | 1.67% |
| 2014 | 0.753% | 2.52% | 0.505% | 2.53% |
| 2015 | -1.17% | -1.92% | -1.398% | -1.90% |
| 2016 | 1.497% | 2.67% | 1.276% | 2.67% |
| 2017 | 0.708% | -0.79% | 0.502% | -0.77% |
| 2018 | -1.276% | -1.98% | -1.466% | -1.97% |
| 2019 | 0.228% | 1.50% | 0.051% | 1.52% |
| 2020 | -14.365% | -14.59% | -14.514% | -14.57% |
| 2021 | -0.097% | 14.27% | -0.256% | 14.26% |
| 2022 | 17.226% | 17.32% | 17.155% | 17.41% |
| 2023 | 2.914% | -14.31% | 2.908% | -14.25% |
| 2024 | 2.482% | -0.43% | 2.435% | -0.47% |