Industry value added — all countries

Industry value added — Barbados

Industry value added in Barbados in 2024 — 927,458,950 US$. Ranked 154 in the world out of 188. Since 1975, the indicator has risen by 1,340%.

2024 927M US$ +4.5% vs 2023
World rank 154of 188
Period maximum 927M US$2024
Period minimum 64.41M US$1975

Trend over time

1975–2024 · US$

Industry value added — Barbados, 1975–20240250M500M750M1B197519801985199019952000200520102015202020241975: 64,405,227 US$1976: 76,777,123 US$1977: 90,281,543 US$1978: 104,459,802 US$1979: 125,292,100 US$1980: 172,177,199 US$1981: 188,807,239 US$1982: 193,158,654 US$1983: 218,962,860 US$1984: 245,214,538 US$1985: 223,934,769 US$1986: 223,636,454 US$1987: 232,188,137 US$1988: 254,760,603 US$1989: 268,035,599 US$1990: 376,373,490 US$1991: 351,464,227 US$1992: 298,450,000 US$1993: 301,496,545 US$1994: 308,854,969 US$1995: 331,327,997 US$1996: 352,607,766 US$1997: 400,785,562 US$1998: 439,815,045 US$1999: 451,449,311 US$2000: 468,300,000 US$2001: 448,750,000 US$2002: 447,950,000 US$2003: 504,050,000 US$2004: 519,700,000 US$2005: 570,850,000 US$2006: 684,188,350 US$2007: 688,432,300 US$2008: 724,526,350 US$2009: 688,247,300 US$2010: 753,317,500 US$2011: 802,478,500 US$2012: 775,093,450 US$2013: 781,289,150 US$2014: 770,411,950 US$2015: 775,558,150 US$2016: 755,745,500 US$2017: 773,997,400 US$2018: 767,251,400 US$2019: 773,510,250 US$2020: 710,877,750 US$2021: 749,143,950 US$2022: 882,144,850 US$2023: 887,550,950 US$2024: 927,458,950 US$
Change over the period: +863M (+1,340.04%) Average annual rate: 5.59 %

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Barbados

Barbados 927M US$
World 28.4T US$
High-income countries computed 9.88T US$
Industry value added — Barbados, by year Barbados All countries CSV XLSX
Year US$ Change Change, %
2024 927M +39.91M +4.5%
2023 888M +5.41M +0.61%
2022 882M +133M +17.75%
2021 749M +38.27M +5.38%
2020 711M −62.63M −8.1%
2019 774M +6.26M +0.82%
2018 767M −6.75M −0.87%
2017 774M +18.25M +2.42%
2016 756M −19.81M −2.55%
2015 776M +5.15M +0.67%
2014 770M −10.88M −1.39%
2013 781M +6.2M +0.8%
2012 775M −27.39M −3.41%
2011 802M +49.16M +6.53%
2010 753M +65.07M +9.45%
2009 688M −36.28M −5.01%
2008 725M +36.09M +5.24%
2007 688M +4.24M +0.62%
2006 684M +113M +19.85%
2005 571M +51.15M +9.84%
2004 520M +15.65M +3.1%
2003 504M +56.1M +12.52%
2002 448M −800,000 −0.18%
2001 449M −19.55M −4.17%
2000 468M +16.85M +3.73%
1999 451M +11.63M +2.65%
1998 440M +39.03M +9.74%
1997 401M +48.18M +13.66%
1996 353M +21.28M +6.42%
1995 331M +22.47M +7.28%
1994 309M +7.36M +2.44%
1993 301M +3.05M +1.02%
1992 298M −53.01M −15.08%
1991 351M −24.91M −6.62%
1990 376M +108M +40.42%
1989 268M +13.27M +5.21%
1988 255M +22.57M +9.72%
1987 232M +8.55M +3.82%
1986 224M −298,315 −0.13%
1985 224M −21.28M −8.68%
1984 245M +26.25M +11.99%
1983 219M +25.8M +13.36%
1982 193M +4.35M +2.3%
1981 189M +16.63M +9.66%
1980 172M +46.89M +37.42%
1979 125M +20.83M +19.94%
1978 104M +14.18M +15.7%
1977 90.28M +13.5M +17.59%
1976 76.78M +12.37M +19.21%
1975 64.41M

About the indicator

Industrial value added in current US dollars. In the international classification industry means mining, manufacturing, electricity, water supply and construction — that is, broader than the word usually implies. Value added is output minus intermediate consumption, which is why the output of sectors cannot be summed while value added can: the sum over all sectors is GDP.

Important: It includes construction and mining, so a high share in commodity countries does not come from factories. For factories proper there is a separate indicator, manufacturing.

Source: World Development Indicators (World Bank), license CC BY 4.0.