Barbados - Gross domestic product in constant prices growth rate

0.7 (%) in 2021

In 2021, real GDP growth for Barbados was 0.7 %. Though Barbados real GDP growth fluctuated substantially in recent years, it tended to decrease through 2002 - 2021 period ending at 0.7 % in 2021.

The description is composed by our digital data assistant.
What is real GDP growth?

Annual percentage growth rate of GDP at market prices based on constant local currency. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.

Coronavirus Data and Insights

Live data and insights on Coronavirus around the world, including detailed statistics for the US, EU, and China — confirmed and recovered cases, deaths, alternative data on economic activities, customer behavior, supply chains, and more.

What is Barbados real GDP growth?