Barbados 2021
Detailed economic analysis and indicators for 2021
Key Economic Indicators (2021)
GDP (Current USD)
$5.28 billion
↑ 2.07% vs 2020GDP per Capita
$18,696.79
↑ 1.91% vs 2020GDP Growth (Annual %)
-0.25%
↑ 14.80pp vs 2020Inflation Rate (CPI %)
N/A
Year-over-Year Comparison
| Indicator | 2020 | 2021 | Change |
|---|---|---|---|
| GDP (Current USD) | $5.17 billion | $5.28 billion | +2.07% |
| GDP per Capita | $18,347.11 | $18,696.79 | +1.91% |
| GDP Growth (Annual %) | -15.05% | -0.25% | +14.80pp |
| Inflation (CPI %) | N/A | N/A | N/A |
| Unemployment Rate (%) | 9.78% | 9.43% | -0.34pp |
All Economic Indicators (2021)
National Accounts
- GDP (Current USD)
- $5.28 billion
- GDP per Capita
- $18,696.79
- GDP Growth (Annual %)
- -0.25%
- Gross National Income
- $5.18 billion
Prices & Employment
- Inflation (CPI %)
- N/A
- Inflation (GDP Deflator %)
- 2.33%
- Unemployment Rate (%)
- 9.43%
- Interest Rate (Real %)
- 5.59%
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 2021, Barbados's Gross Domestic Product (GDP) is $5.28 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Barbados for 2021 is $18,696.79. GDP per capita is calculated by dividing the country's GDP by its population.
Barbados's annual GDP growth rate for 2021 is -0.25%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Barbados for 2021 is 9.43%. This represents the percentage of the labor force that is unemployed and actively seeking employment.