The gross domestic product (GDP) in current prices in Barbados was forecast to continuously increase between 2024 and 2029 by in total two billion U.S. dollars (+29.15 percent). After the ninth consecutive increasing year, the GDP is estimated to reach 8.81 billion U.S. dollars and therefore a new peak in 2029. This indicator describes the gross domestic product at current prices, consistent with the definition given by the International Monetary Fund. This means that 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*
8.81
2028*
8.41
2027*
8.02
2026*
7.64
2025*
7.27
2024*
6.86
2023*
6.39
2022
5.84
2021
4.94
2020
4.78
2019
5.37
2018
5.1
2017
4.98
2016
4.83
2015
4.72
2014
4.7
2013
4.68
2012
4.61
2011
4.66
2010
4.53
2009
4.47
2008
4.78
2007
4.67
2006
4.22
2005
3.82
2004
3.44
2003
3.21
2002
3.11
2001
3.06
2000
3.06
1999
2.97
1998
2.83
1997
2.51
1996
2.38
1995
2.23
1994
2.16
1993
2.08
1992
1.96
1991
2.03
1990
2.02
1989
2.02
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IMF. (April 22, 2024). Barbados: Gross domestic product (GDP) in current prices from 1989 to 2029 (in billion international dollars) [Graph]. In Statista. Retrieved October 04, 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. April 22, 2024. Statista. Accessed October 04, 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: October 04, 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 Apr 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 October 04, 2024)
Barbados: Gross domestic product (GDP) in current prices from 1989 to 2029 (in billion international dollars) [Graph], IMF, April 22, 2024. [Online]. Available: https://www.statista.com/statistics/533703/gross-domestic-product-gdp-in-barbados/