Barbados 2018
Detailed economic analysis and indicators for 2018
Key Economic Indicators (2018)
GDP (Current USD)
$5.63 billion
↑ 2.04% vs 2017GDP per Capita
$20,055.92
↑ 1.84% vs 2017GDP Growth (Annual %)
-1.17%
↓ 1.30pp vs 2017Inflation Rate (CPI %)
3.67%
↓ 0.99pp vs 2017Year-over-Year Comparison
| Indicator | 2017 | 2018 | Change |
|---|---|---|---|
| GDP (Current USD) | $5.52 billion | $5.63 billion | +2.04% |
| GDP per Capita | $19,692.76 | $20,055.92 | +1.84% |
| GDP Growth (Annual %) | 0.13% | -1.17% | -1.30pp |
| Inflation (CPI %) | 4.66% | 3.67% | -0.99pp |
| Unemployment Rate (%) | 8.62% | 8.32% | -0.30pp |
All Economic Indicators (2018)
National Accounts
- GDP (Current USD)
- $5.63 billion
- GDP per Capita
- $20,055.92
- GDP Growth (Annual %)
- -1.17%
- Gross National Income
- $5.39 billion
Prices & Employment
- Inflation (CPI %)
- 3.67%
- Inflation (GDP Deflator %)
- 3.25%
- Unemployment Rate (%)
- 8.32%
- Interest Rate (Real %)
- 4.65%
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)
- N/A
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2018, Barbados's Gross Domestic Product (GDP) is $5.63 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Barbados for 2018 is $20,055.92. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Barbados for 2018 is 3.67%. This measures the annual percentage change in the cost of consumer goods and services.
Barbados's annual GDP growth rate for 2018 is -1.17%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Barbados for 2018 is 8.32%. This represents the percentage of the labor force that is unemployed and actively seeking employment.