The Gross Domestic Product (GDP) in Barbados contracted 17.60 percent in 2020. source: Central Bank Of Barbados
GDP Annual Growth Rate in Barbados averaged 0.90 percent from 1975 until 2020, reaching an all time high of 7.90 percent in 1979 and a record low of -17.60 percent in 2020. 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 2021.
GDP Annual Growth Rate in Barbados is expected to reach 4.10 percent by the end of 2021, 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 7.50 percent in 2022 and 2.80 percent in 2023, according to our econometric models.