Barbados 2019
Detailed economic analysis and indicators for 2019
Key Economic Indicators (2019)
GDP (Current USD)
$5.79 billion
↑ 2.81% vs 2018GDP per Capita
$20,583.73
↑ 2.63% vs 2018GDP Growth (Annual %)
0.65%
↑ 1.83pp vs 2018Inflation Rate (CPI %)
4.10%
↑ 0.43pp vs 2018Year-over-Year Comparison
| Indicator | 2018 | 2019 | Change |
|---|---|---|---|
| GDP (Current USD) | $5.63 billion | $5.79 billion | +2.81% |
| GDP per Capita | $20,055.92 | $20,583.73 | +2.63% |
| GDP Growth (Annual %) | -1.17% | 0.65% | +1.83pp |
| Inflation (CPI %) | 3.67% | 4.10% | +0.43pp |
| Unemployment Rate (%) | 8.32% | 8.41% | +0.09pp |
All Economic Indicators (2019)
National Accounts
- GDP (Current USD)
- $5.79 billion
- GDP per Capita
- $20,583.73
- GDP Growth (Annual %)
- 0.65%
- Gross National Income
- $5.52 billion
Prices & Employment
- Inflation (CPI %)
- 4.10%
- Inflation (GDP Deflator %)
- 2.15%
- Unemployment Rate (%)
- 8.41%
- Interest Rate (Real %)
- 5.78%
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 2019, Barbados's Gross Domestic Product (GDP) is $5.79 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Barbados for 2019 is $20,583.73. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Barbados for 2019 is 4.10%. This measures the annual percentage change in the cost of consumer goods and services.
Barbados's annual GDP growth rate for 2019 is 0.65%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Barbados for 2019 is 8.41%. This represents the percentage of the labor force that is unemployed and actively seeking employment.