bb Barbados 2017

Detailed economic analysis and indicators for 2017

Year 2017

Key Economic Indicators (2017)

GDP (Current USD)

$5.52 billion

↑ 3.50% vs 2016
GDP per Capita

$19,692.76

↑ 3.29% vs 2016
GDP Growth (Annual %)

0.13%

↓ 1.66pp vs 2016
Inflation Rate (CPI %)

4.66%

↑ 3.38pp vs 2016

Year-over-Year Comparison

Indicator 2016 2017 Change
GDP (Current USD) $5.33 billion $5.52 billion +3.50%
GDP per Capita $19,065.81 $19,692.76 +3.29%
GDP Growth (Annual %) 1.79% 0.13% -1.66pp
Inflation (CPI %) 1.28% 4.66% +3.38pp
Unemployment Rate (%) 8.25% 8.62% +0.38pp

All Economic Indicators (2017)

National Accounts
GDP (Current USD)
$5.52 billion
GDP per Capita
$19,692.76
GDP Growth (Annual %)
0.13%
Gross National Income
$5.29 billion
Prices & Employment
Inflation (CPI %)
4.66%
Inflation (GDP Deflator %)
3.37%
Unemployment Rate (%)
8.62%
Interest Rate (Real %)
4.53%
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)
-5.37%
Government Debt (% GDP)
N/A
Data Last Updated
2025-10-23

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Frequently Asked Questions

As of 2017, Barbados's Gross Domestic Product (GDP) is $5.52 billion. This represents the total value of goods and services produced in the country.

The GDP per capita in Barbados for 2017 is $19,692.76. GDP per capita is calculated by dividing the country's GDP by its population.

The Consumer Price Index (CPI) inflation rate in Barbados for 2017 is 4.66%. This measures the annual percentage change in the cost of consumer goods and services.

Barbados's annual GDP growth rate for 2017 is 0.13%. This indicates the rate at which the country's economy is expanding or contracting.

The unemployment rate in Barbados for 2017 is 8.62%. This represents the percentage of the labor force that is unemployed and actively seeking employment.