Barbados GDP Growth
Annual percentage growth rate of GDP NY.GDP.MKTP.KD.ZG
Barbados's gdp growth was 2.70% in 2025, ranked 104th globally. This represents a 8.8% increase from 2024. Data from World Bank, covering 1961–2025.
Overview
Barbados's gdp growth stood at 2.70% in 2025, a rise of +0.22pp from 2024. The IMF projects 2.70% by 2025. Barbados ranked 104th globally.
Barbados recorded a GDP growth rate of 2.70 % in 2025, placing it 104th worldwide, and this modest expansion follows a dramatic swing from a 17.23 % peak in 2022 to a -14.36 % trough in 2020, the deepest contraction of its 65‑year series. The 1961 growth of 7.70 % illustrates that the island’s economy has historically oscillated between relatively robust expansions and sharp downturns, a pattern amplified by the COVID‑19 pandemic’s impact on tourism and services. Its current pace is virtually identical to that of Jordan, which posted 2.70 % growth, and slightly below Samoa and the Solomon Islands at 2.71 % and above Pakistan at 2.68 %. The convergence with these peers suggests that Barbados is navigating a post‑pandemic recovery comparable to other small, service‑oriented economies. Continued diversification and resilience in the tourism sector will be crucial for sustaining the upward trajectory and avoiding a repeat of the 2020 collapse.
Data & projection
| Year | GDP Growth | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | 2.00% | - | - |
| 2029* IMF | 2.00% | - | - |
| 2028* IMF | 2.00% | - | - |
| 2027* IMF | 2.00% | - | - |
| 2026* IMF | 2.10% | - | - |
| 2025* IMF | 2.70% | - | - |
| 2025 | 2.70% | +0.22pp | #104 |
| 2024 | 2.48% | −1.61pp | #128 |
| 2023 | 2.91% | −14.92pp | #107 |
| 2022 | 17.23% | +17.48pp | #4 |
| 2021 | -0.10% | +14.96pp | #194 |
| 2020 | -14.36% | −15.02pp | #193 |
| 2019 | 0.23% | +1.40pp | #181 |
| 2018 | -1.28% | −1.40pp | #199 |
| 2017 | 0.71% | −1.08pp | #178 |
| 2016 | 1.50% | +2.34pp | #158 |
| 2015 | -1.17% | −1.33pp | #196 |
| 2014 | 0.75% | +1.83pp | #175 |
| 2013 | -1.77% | −1.34pp | #195 |
| 2012 | -3.41% | −2.76pp | #197 |
| 2011 | -0.31% | +1.93pp | #189 |
Detected Pattern
Analysis
Barbados matched the Stagflation Risk pattern in 2011. Historically, 38% of countries showing this pattern (117 out of 307) saw gdp growth improve within 24 months. View full analysis →
Frequently Asked Questions
Barbados's gdp growth was 2.70% in 2025. Ranked 104th globally. This represents a 8.8% increase from the previous year.
Barbados's gdp growth peaked at 17.23% in 2022.
The lowest gdp growth in Barbados was -14.36% in 2020.
Barbados ranks 104th globally in gdp growth as of 2025.
The World Bank indicator code is NY.GDP.MKTP.KD.ZG. Data sourced from World Bank.
Barbados's gdp growth is projected to reach 2.70% by 2025 based on IMF projection.
The gdp growth of Barbados in 2025 was 2.70%. This ranks 104th in the world.
Cite this page
@misc{historysaid_barbados_gdp-growth,
title = {Barbados GDP Growth},
url = {https://historysaid.com/barbados/gdp-growth/},
publisher = {HistorySaid},
year = {2026}
}