bb Barbados 2022

Detailed economic analysis and indicators for 2022

Year 2022

Key Economic Indicators (2022)

GDP (Current USD)

$6.26 billion

↑ 18.62% vs 2021
GDP per Capita

$22,164.03

↑ 18.54% vs 2021
GDP Growth (Annual %)

17.83%

↑ 18.09pp vs 2021
Inflation Rate (CPI %)

N/A

Year-over-Year Comparison

Indicator 2021 2022 Change
GDP (Current USD) $5.28 billion $6.26 billion +18.62%
GDP per Capita $18,696.79 $22,164.03 +18.54%
GDP Growth (Annual %) -0.25% 17.83% +18.09pp
Inflation (CPI %) N/A N/A N/A
Unemployment Rate (%) 9.43% 8.37% -1.07pp

All Economic Indicators (2022)

National Accounts
GDP (Current USD)
$6.26 billion
GDP per Capita
$22,164.03
GDP Growth (Annual %)
17.83%
Gross National Income
$6.09 billion
Prices & Employment
Inflation (CPI %)
N/A
Inflation (GDP Deflator %)
0.66%
Unemployment Rate (%)
8.37%
Interest Rate (Real %)
7.34%
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

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Frequently Asked Questions

As of 2022, Barbados's Gross Domestic Product (GDP) is $6.26 billion. This represents the total value of goods and services produced in the country.

The GDP per capita in Barbados for 2022 is $22,164.03. GDP per capita is calculated by dividing the country's GDP by its population.

Barbados's annual GDP growth rate for 2022 is 17.83%. This indicates the rate at which the country's economy is expanding or contracting.

The unemployment rate in Barbados for 2022 is 8.37%. This represents the percentage of the labor force that is unemployed and actively seeking employment.