Barbados

Country in Americas

In brief

Price level, USA = 100: 110 (2025). World rank 6 of 198; in Americas, 3 of 42. Industry, share of GDP: 12.2% (2024). World rank 172 of 200; in Americas, 34 of 42. Services, share of GDP: 75.8% (2024). World rank 17 of 200; in Americas, 7 of 42. From 2015 to 2025: GDP $5.7B → $8B, GDP per person $20,429 → $28,365, and GDP per person at purchasing power parity $19,190 → $25,894.

Size and growth

GDP: $8B 2025
GDP per person: $28,365 2025
GDP per person at purchasing power parity: $25,894 2025
GDP growth per year: +2.7% 2025

Income and prices

Income level (World Bank): High income
Gross national income per person: $27,080 2025
Inflation: +0.9% 2025
Price level, USA = 100: 110 2025

Structure and jobs

Agriculture, share of GDP: 1.6% 2024
Industry, share of GDP: 12.2% 2024
Services, share of GDP: 75.8% 2024
Unemployment: 6.5% 2025
Youth unemployment, ages 15–24: 18.5% 2025
Women in work or seeking work: 61% 2025

Trade and finance

Exports, share of GDP: No data
Imports, share of GDP: No data
Current account balance, share of GDP: -5.1% 2017
Foreign direct investment, share of GDP: +3.4% 2025
Remittances received, share of GDP: 1.5% 2017
Tax revenue, share of GDP: 23.4% 2016
Currency: Barbadian Dollar (BBD)

Poverty and inequality

Gini index (0 = full equality): 34.1 2016
Living on under $3 a day: 1.7% 2016