Economy in Barbados

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Barbados

Economy in Barbados


The continent: America
  
Iso2:BB
  
Iso3:BRB

For country comparisons (the table on the map) colors are used:
 
 Good performance;
 
 The average;
 
 Poor performance

GDP in Barbados


GDP, PPP

4 662 763 817 current international $[?] (2015)
(descending): 163 in the world of 194 (16,49%); 29 place in America 40 (30%)
9,85 % (1,97 % annual) ↘
min: 2 143 384 633; max: 4 662 763 817; max-min: 2 519 379 184 (54,03%); mid: 3 403 074 225;
1 259 689 592 (27,02%)

GDP

4 385 250 000 current US$[?] (2015)
(descending): 159 in the world of 199 (20,60%); 29 place in America 38 (26,32%)
1,40 % (0,281 % annual) ↗
min: 1 012 264 036; max: 4 601 200 363; max-min: 3 588 936 327 (78,00%); mid: 2 806 732 200;
1 578 517 801 (36,00%)

GDP per capita, PPP

16 406 current international $[?] (2015)
(descending): 78 in the world of 194 (60,31%); 20 place in America 40 (52,50%)
8,35 % (1,67 % annual) ↘
min: 8 175; max: 16 406; max-min: 8 231 (50,17%); mid: 12 290;
4 115 (25,08%)

Reserves in Barbados


Total reserves

553 604 288 current US$[?] (2015)
(descending): 148 in the world of 184 (20,11%); 27 place in America 36 (27,78%)
50,57 % (10,11 % annual) ↗
min: 9 250 000; max: 871 145 361; max-min: 861 895 361 (98,94%); mid: 440 197 681;
113 406 607 (20,49%)

Total reserves minus gold

553 604 288 current US$[?] (2015)
(descending): 147 in the world of 184 (20,65%); 27 place in America 36 (27,78%)
50,57 % (10,11 % annual) ↗
min: 9 250 000; max: 871 145 361; max-min: 861 895 361 (98,94%); mid: 440 197 681;
113 406 607 (20,49%)

Gross savings

-5,19 % of GDP[?] (2013)
(descending): 163 in the world of 164 (1,22%); 33 place in America 33 (3,03%)
261,29 % (52,26 % annual) ↘
min: -6,87; max: 25,11; max-min: 31,99 (127,37%); mid: 9,12;
-14,31 (275,87%)

GDP - composition in Barbados


Household consumption

82,50 %[?] (2015)
(descending): 32 in the world of 198 (84,34%); 8 place in America 44 (84,09%)

Government consumption

14,30 %[?] (2015)
(descending): 128 in the world of 197 (35,53%); 29 place in America 43 (34,88%)

Investment in fixed capital

14,40 %[?] (2015)
(descending): 167 in the world of 194 (14,43%); 36 place in America 43 (18,60%)

investment in inventories

3,20 %[?] (2015)
(descending): 20 in the world of 166 (88,55%); 3 place in America 37 (94,59%)

exports of goods and services

35,10 %[?] (2015)
(descending): 94 in the world of 196 (52,55%); 20 place in America 43 (55,81%)

imports of goods and services

-49,50 %[?] (2015)
(descending): 122 in the world of 195 (37,95%); 32 place in America 43 (27,91%)

GDP - composition by sector of origin in Barbados


agriculture

2,80 %[?] (2015)
(descending): 156 in the world of 219 (29,22%); 29 place in America 49 (42,86%)

industry

11,70 %[?] (2015)
(descending): 198 in the world of 221 (10,86%); 43 place in America 48 (12,50%)

services

85,50 %[?] (2015)
(descending): 18 in the world of 223 (92,38%); 6 place in America 48 (89,58%)

GDP growth in Barbados


GDP growth rate

0,882 annual %[?] (2015)
(descending): 163 in the world of 193 (16,06%); 30 place in America 37 (21,62%)
71,02 % (14,20 % annual) ↘
min: -5,70; max: 5,67; max-min: 11,37 (200,55%); mid: -0,016;
0,898 (101,78%)

GDP per capita growth

0,586 annual %[?] (2015)
(descending): 135 in the world of 193 (30,57%); 27 place in America 37 (29,73%)
123,67 % (24,73 % annual) ↘
min: -6,02; max: 5,27; max-min: 11,30 (214,24%); mid: -0,375;
0,961 (164,06%)

Costs in Barbados


Expense

38,00 % of GDP[?] (2013)
(ascending): 114 in the world of 140 (19,29%); 23 place in America 24 (8,33%)
7,92 % (1,58 % annual) ↘
min: 25,28; max: 38,00; max-min: 12,72 (33,47%); mid: 31,64;
6,36 (16,74%)

Final consumption expenditure, etc.

95,27 % of GDP[?] (2015)
(ascending): 148 in the world of 177 (16,95%); 28 place in America 36 (25%)
4,89 % (0,978 % annual) ↘
min: 76,16; max: 99,57; max-min: 23,41 (23,51%); mid: 87,87;
7,40 (7,77%)

Foreign direct investment, net outflows

1,96 % of GDP[?] (2015)
(ascending): 133 in the world of 165 (20%); 28 place in America 32 (15,63%)
289,87 % (57,97 % annual) ↗
min: -2,95; max: 7,64; max-min: 10,60 (138,66%); mid: 2,34;
-0,384 (-19,58%)

Government expenditure on education, total

6,71 % of GDP[?] (2014)
(ascending): 137 in the world of 147 (7,48%); 29 place in America 31 (9,68%)
12,47 % (2,49 % annual) ↘
min: 4,25; max: 6,89; max-min: 2,64 (38,25%); mid: 5,57;
1,14 (16,98%)

Health expenditure

7,47 % of GDP[?] (2014)
(ascending): 124 in the world of 190 (35,26%); 20 place in America 35 (45,71%)
17,41 % (3,48 % annual) ↘
min: 4,88; max: 7,57; max-min: 2,69 (35,56%); mid: 6,22;
1,25 (16,68%)

Income in Barbados


Tax revenue

24,67 % of GDP[?] (2013)
(descending): 43 in the world of 142 (70,42%); 6 place in America 24 (79,17%)
2,04 % (0,407 % annual) ↗
min: 23,99; max: 27,72; max-min: 3,73 (13,46%); mid: 25,85;
-1,18 (-4,78%)

Trade

83,86 % of GDP[?] (2015)
(descending): 90 in the world of 187 (52,41%); 16 place in America 38 (60,53%)
15,17 % (3,03 % annual) ↗
min: 72,21; max: 112,16; max-min: 39,95 (35,62%); mid: 92,19;
-8,33 (-9,93%)

Trade in services

48,85 % of GDP[?] (2013)
(descending): 10 in the world of 179 (94,97%); 1 place in America 34 (100%)
9,19 % (1,84 % annual) ↗
min: 40,57; max: 56,15; max-min: 15,57 (27,74%); mid: 48,36;
0,489 (1,00%)

Merchandise trade

47,90 % of GDP[?] (2015)
(descending): 118 in the world of 188 (37,77%); 18 place in America 36 (52,78%)
6,18 % (1,24 % annual) ↘
min: 36,53; max: 77,73; max-min: 41,19 (53,00%); mid: 57,13;
-9,23 (-19,26%)

Foreign direct investment, net inflows

5,80 % of GDP[?] (2015)
(descending): 52 in the world of 188 (72,87%); 14 place in America 35 (62,86%)
159,24 % (31,85 % annual) ↗
min: -0,344; max: 15,04; max-min: 15,38 (102,29%); mid: 7,35;
-1,55 (-26,65%)

Natural resources rents

0,051 % of GDP[?] (2015)
(descending): 159 in the world of 177 (10,73%); 29 place in America 33 (15,15%)
596,29 % (119,26 % annual) ↗
min: 0,051; max: 1,65; max-min: 1,60 (96,93%); mid: 0,852;
-0,801 (-1 576%)

Public debt

108,90 % GDP[?] (2015)
(ascending): 168 in the world of 178 (6,18%); 38 place in America 40 (7,50%)