The Gross Domestic Product (GDP) in Barbados contracted 0.10 percent in 2019 from the previous year.

GDP Annual Growth Rate in Barbados averaged 1.31 percent from 1975 until 2019, reaching an all time high of 7.90 percent in 1979 and a record low of -7 percent in 1992. This page provides the latest reported value for - Barbados GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Barbados GDP Annual Growth Rate - values, historical data and charts - was last updated on October of 2020.

GDP Annual Growth Rate in Barbados is expected to reach -7.80 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Barbados GDP Annual Growth Rate is projected to trend around 4.50 percent in 2021 and 2.00 percent in 2022, according to our econometric models.

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Barbados GDP Annual Growth Rate

Actual Previous Highest Lowest Dates Unit Frequency
-0.10 -0.40 7.90 -7.00 1975 - 2019 percent Yearly

Barbados GDP Last Previous Highest Lowest Unit
GDP Annual Growth Rate -0.10 -0.40 7.90 -7.00 percent [+]
GDP 5.21 5.09 5.21 0.09 USD Billion [+]
GDP Per Capita Ppp 15638.83 15674.85 16946.67 12579.66 USD [+]
GDP per capita 16099.83 16136.91 17446.22 10881.19 USD [+]