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Barbados GDP per Capita

GDP divided by midyear population  NY.GDP.PCAP.CD

Barbados's gdp per capita was $25,927 in 2025, ranked 51st globally. This represents a 2.3% decrease from 2024. Data from World Bank, covering 1960–2025.

$25,927 −$618 (-2.3%)
Year 2025 Rank #51 Global Peak $26,545 (2024) Source World Bank

Barbados GDP per Capita (1960–2025)

Overview

Barbados's gdp per capita stood at $25,927 in 2025, a decline of +$618 from 2024. The IMF projects $25,927 by 2025. Barbados ranked 51st globally.

Barbados’ GDP per capita has risen dramatically from a trough of 346.58 in 1960 to an all‑time peak of 26,544.87 in 2024, reflecting sustained structural transformation, diversification into tourism and offshore finance, and steady improvements in human capital. The latest World Bank estimate for 2025 places the island at 25,926.58, ranking it 51st globally and positioning it just below Greece’s 27,169.69 and Croatia’s 26,957.85 while slightly ahead of Hungary’s 25,916.33. Over the 66‑year coverage period, per‑capita output has expanded by more than 75 times, outpacing many regional peers and underscoring the effectiveness of policy reforms undertaken since the 1990s. Nonetheless, the modest decline from the 2024 peak suggests sensitivity to external shocks such as climate‑related tourism disruptions and global financial volatility. Continued investment in renewable energy, digital services, and climate‑resilient infrastructure will be pivotal to sustaining the upward trajectory and potentially surpassing the 2024 high.

Data & projection

Year GDP per Capita YoY change Rank
2030* IMF $32,700 - -
2029* IMF $31,219 - -
2028* IMF $29,811 - -
2027* IMF $28,472 - -
2026* IMF $27,175 - -
2025* IMF $25,927 - -
2025 $25,927 −$618 #51
2024 $26,545 +$3,378 #54
2023 $25,584 +$3,959 #56
2022 $24,387 +$6,110 #59
2021 $21,080 +$3,128 #62
2020 $19,194 −$962 #61
2019 $21,912 +$2,258 #60
2018 $21,381 +$2,071 #61
2017 $20,285 +$1,580 #61
2016 $20,296 +$1,690 #57
2015 $20,424 +$1,489 #55
2014 $20,193 +$1,299 #63
2013 $20,410 +$1,827 #60
2012 $20,804 +$1,910 #58
2011 $20,508 +$2,132 #61
Show all years (1960-2025)
* IMF World Economic Outlook projection

Detected Pattern

Stagflation Risk
GDP growth below 2% combined with inflation above 8% and rising unemployment. The worst macro combination for policymakers.
Inflation 9.4% GDP growth -0.3% Unemployment 11.2%
Occurred 307 times, 117 successful
Inflation
26.9%
GDP growth
-4.2%
Unemployment
14.6%
Inflation
185.7%
GDP growth
-14.0%
Unemployment
60.8%
Inflation
14.4%
GDP growth
1.1%
Unemployment
9.1%
Inflation
33.9%
GDP growth
-1.5%
Unemployment
17.0%
Inflation
736.1%
GDP growth
1.7%
Unemployment
9.4%
Inflation
13.6%
GDP growth
1.3%
Unemployment
14.1%

Analysis

Barbados matched the Stagflation Risk pattern in 2011. Historically, 38% of countries showing this pattern (117 out of 307) saw gdp per capita improve within 24 months. View full analysis →

Frequently Asked Questions

What is Barbados's gdp per capita?▾

Barbados's gdp per capita was $25,927 in 2025. Ranked 51st globally. This represents a 2.3% decrease from the previous year.

What was the highest gdp per capita in Barbados?▾

Barbados's gdp per capita peaked at $26,545 in 2024.

What was the lowest gdp per capita in Barbados?▾

The lowest gdp per capita in Barbados was $347 in 1960.

How does Barbados rank in gdp per capita?▾

Barbados ranks 51st globally in gdp per capita as of 2025.

What is the World Bank indicator code for gdp per capita?▾

The World Bank indicator code is NY.GDP.PCAP.CD. Data sourced from World Bank.

What is the projected gdp per capita of Barbados in 2025?▾

Barbados's gdp per capita is projected to reach $25,927 by 2025 based on IMF projection.

What is the gdp per capita of Barbados in 2025?▾

The gdp per capita of Barbados in 2025 was $25,927. This ranks 51st in the world.

Cite this page

APA
Barbados GDP per Capita. HistorySaid. Retrieved November 1, 2026, from https://historysaid.com/barbados/gdp-per-capita/
BibTeX
@misc{historysaid_barbados_gdp-per-capita, title = {Barbados GDP per Capita}, url = {https://historysaid.com/barbados/gdp-per-capita/}, publisher = {HistorySaid}, year = {2026} }
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