Services value added in Barbados in 2024 — 5,762,141,600 US$. Ranked 144 in the world out of 188. Since 1975, the indicator has risen by 2,973.6%.
1975–2024 · US$
How the value compares with the world and the groups this territory belongs to: Barbados
| Year | US$ | Change | Change, % |
|---|---|---|---|
| 2024 | 5.76B | +309M | +5.66% |
| 2023 | 5.45B | +240M | +4.6% |
| 2022 | 5.21B | +760M | +17.07% |
| 2021 | 4.45B | +480M | +12.07% |
| 2020 | 3.97B | −616M | −13.42% |
| 2019 | 4.59B | +142M | +3.2% |
| 2018 | 4.45B | +109M | +2.51% |
| 2017 | 4.34B | +77.21M | +1.81% |
| 2016 | 4.26B | +1.5M | +0.04% |
| 2015 | 4.26B | −45.46M | −1.06% |
| 2014 | 4.31B | +32.04M | +0.75% |
| 2013 | 4.27B | +218M | +5.37% |
| 2012 | 4.06B | −142M | −3.39% |
| 2011 | 4.2B | +109M | +2.67% |
| 2010 | 4.09B | +792M | +24% |
| 2009 | 3.3B | −173M | −5% |
| 2008 | 3.47B | +103M | +3.07% |
| 2007 | 3.37B | +309M | +10.12% |
| 2006 | 3.06B | +311M | +11.32% |
| 2005 | 2.75B | +238M | +9.49% |
| 2004 | 2.51B | +207M | +8.99% |
| 2003 | 2.3B | +13.3M | +0.58% |
| 2002 | 2.29B | +105M | +4.82% |
| 2001 | 2.18B | +3.7M | +0.17% |
| 2000 | 2.18B | +96.57M | +4.63% |
| 1999 | 2.08B | +99.39M | +5.01% |
| 1998 | 1.98B | +187M | +10.39% |
| 1997 | 1.8B | +76.22M | +4.43% |
| 1996 | 1.72B | +122M | +7.61% |
| 1995 | 1.6B | +52.01M | +3.36% |
| 1994 | 1.55B | +90.74M | +6.23% |
| 1993 | 1.46B | +57.22M | +4.09% |
| 1992 | 1.4B | −25.1M | −1.76% |
| 1991 | 1.42B | −3.83M | −0.27% |
| 1990 | 1.43B | +536M | +60.03% |
| 1989 | 893M | +85.37M | +10.57% |
| 1988 | 807M | +37.99M | +4.94% |
| 1987 | 769M | +78.16M | +11.31% |
| 1986 | 691M | +47.48M | +7.38% |
| 1985 | 644M | +61.35M | +10.54% |
| 1984 | 582M | +53.2M | +10.05% |
| 1983 | 529M | +20.24M | +3.98% |
| 1982 | 509M | +17.99M | +3.66% |
| 1981 | 491M | +61.01M | +14.19% |
| 1980 | 430M | +82.24M | +23.65% |
| 1979 | 348M | +65.78M | +23.33% |
| 1978 | 282M | +29.28M | +11.59% |
| 1977 | 253M | +29.27M | +13.1% |
| 1976 | 223M | +35.89M | +19.14% |
| 1975 | 187M | — | — |
The same indicator for neighboring countries — with links to their pages
Dominican Republic
74.34B
Puerto Rico
65.29B
Trinidad and Tobago
15.17B
Jamaica
13.2B
Haiti
12.77B
Bahamas
12.22B
Cayman Islands
6.72B
Barbados
5.76B
Curaçao
2.57B
Saint Lucia
1.95B
Antigua and Barbuda
1.51B
Turks and Caicos Islands
1.27B
Grenada
891M
Saint Vincent and the Grenadines
768M
Saint Kitts and Nevis
742M
Dominica
392M
Value added by the service sector in current US dollars: trade, transport, communications, finance, real estate, public administration, education, health care and everything else that is neither industry nor agriculture. In most advanced countries this is two thirds of the economy or more, and in absolute figures the sector is larger than industry almost everywhere except a few manufacturing economies of East Asia.
Important: A residual category by definition: everything not assigned to agriculture or industry. Its composition is therefore harder to compare across countries than its size.
Source: World Development Indicators (World Bank), license CC BY 4.0.
The contribution of trade, transport, finance, IT and public administration to value added.
Economy Industry value addedHow much a country's industry creates in money terms — all of it, including mining, construction and utilities.
Internet ICT service exportsThe share of computer, communications and information services in exports of services.
Economy GDPGross domestic product in current US dollars — the size of a country's economy.
Economy GDP per capitaGDP divided by the population, in current US dollars.
Economy GDP growthThe annual growth rate of GDP in constant prices — with inflation stripped out.