Barbados Industry Value Added
Industry (including construction) value added as % of GDP NV.IND.TOTL.ZS
Barbados's industry value added was 12.07% in 2025, ranked 168th globally. This represents a 2.3% decrease from 2024. Data from World Bank, covering 1975–2025.
Overview
Barbados's industry value added stood at 12.07% in 2025, a decline of +0.28% from 2024. Based on recent trends, this figure is projected to reach 12.07% by 2025. Barbados ranked 168th globally.
Barbados' Industry Value Added has experienced a significant decline over the years, with its all-time trough reached in 2025 at 12.07, a substantial drop from its peak in 1978 at 18.89. This downward trend is reflected in the country's ranking, currently at 168 globally, closely followed by the Syrian Arab Republic at 12.12 and Seychelles at 11.93. The 1975 value of 16.01 marked the beginning of this decline, which has spanned over five decades. The Industry Value Added is a crucial indicator of a country's economic diversification and industrial growth, and Barbados' performance in this area raises concerns about its ability to adapt to changing economic conditions. A sustained increase in the Industry Value Added would require significant investments in infrastructure, human capital, and innovation, which could be facilitated by the development of strategic industries such as renewable energy or tourism.
Data & projection
| Year | Industry Value Added | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 11.70% | - | - |
| 2026* trend | 11.88% | - | - |
| 2025* trend | 12.07% | - | - |
| 2025 | 12.07% | −0.28% | #168 |
| 2024 | 12.36% | +0.07% | #19 |
| 2023 | 12.29% | −0.53% | #25 |
| 2022 | 12.81% | +0.22% | #34 |
| 2021 | 12.60% | −0.55% | #33 |
| 2020 | 13.15% | +0.59% | #33 |
| 2019 | 12.55% | −0.23% | #25 |
| 2018 | 12.78% | −0.84% | #26 |
| 2017 | 13.62% | +0.30% | #36 |
| 2016 | 13.32% | −0.29% | #30 |
| 2015 | 13.61% | −0.10% | #29 |
| 2014 | 13.71% | −0.08% | #29 |
| 2013 | 13.79% | +0.33% | #27 |
| 2012 | 13.45% | −0.72% | #29 |
| 2011 | 14.17% | +0.89% | #32 |
Detected Pattern
Analysis
Barbados matched the Stagflation Risk pattern in 2011. Historically, 38% of countries showing this pattern (117 out of 307) saw industry value added improve within 24 months. View full analysis →
Frequently Asked Questions
Barbados's industry value added was 12.07% in 2025. Ranked 168th globally. This represents a 2.3% decrease from the previous year.
Barbados's industry value added peaked at 18.89% in 1978.
The lowest industry value added in Barbados was 12.07% in 2025.
Barbados ranks 168th globally in industry value added as of 2025.
The World Bank indicator code is NV.IND.TOTL.ZS. Data sourced from World Bank.
Barbados's industry value added is projected to reach 12.07% by 2025 based on trend extrapolation.
The industry value added of Barbados in 2025 was 12.07%. This ranks 168th in the world.
Cite this page
@misc{historysaid_barbados_industry-value-added,
title = {Barbados Industry Value Added},
url = {https://historysaid.com/barbados/industry-value-added/},
publisher = {HistorySaid},
year = {2026}
}