bb Barbados 2012

Detailed economic analysis and indicators for 2012

Year 2012

Key Economic Indicators (2012)

GDP (Current USD)

$5.27 billion

↓ 1.33% vs 2011
GDP per Capita

$19,034.07

↓ 1.61% vs 2011
GDP Growth (Annual %)

-0.31%

↑ 0.42pp vs 2011
Inflation Rate (CPI %)

4.53%

↓ 4.90pp vs 2011

Year-over-Year Comparison

Indicator 2011 2012 Change
GDP (Current USD) $5.34 billion $5.27 billion -1.33%
GDP per Capita $19,346.00 $19,034.07 -1.61%
GDP Growth (Annual %) -0.73% -0.31% +0.42pp
Inflation (CPI %) 9.43% 4.53% -4.90pp
Unemployment Rate (%) 11.19% 11.59% +0.40pp

All Economic Indicators (2012)

National Accounts
GDP (Current USD)
$5.27 billion
GDP per Capita
$19,034.07
GDP Growth (Annual %)
-0.31%
Gross National Income
$5.10 billion
Prices & Employment
Inflation (CPI %)
4.53%
Inflation (GDP Deflator %)
-1.02%
Unemployment Rate (%)
11.59%
Interest Rate (Real %)
9.82%
Trade & Investment
Exports (Goods & Services)
N/A
Imports (Goods & Services)
N/A
FDI Inflow
N/A
FDI Outflow
N/A
Balance & Debt
Current Account Balance (% GDP)
-8.51%
Government Debt (% GDP)
N/A
Data Last Updated
2025-10-23

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Frequently Asked Questions

As of 2012, Barbados's Gross Domestic Product (GDP) is $5.27 billion. This represents the total value of goods and services produced in the country.

The GDP per capita in Barbados for 2012 is $19,034.07. GDP per capita is calculated by dividing the country's GDP by its population.

The Consumer Price Index (CPI) inflation rate in Barbados for 2012 is 4.53%. This measures the annual percentage change in the cost of consumer goods and services.

Barbados's annual GDP growth rate for 2012 is -0.31%. This indicates the rate at which the country's economy is expanding or contracting.

The unemployment rate in Barbados for 2012 is 11.59%. This represents the percentage of the labor force that is unemployed and actively seeking employment.