Updated · Source: IMF World Economic Outlook, April 2026
Nominal Gross Domestic Product (GDP) of Barbados is $8.48 billion as of 2026, according to the International Monetary Fund (IMF). The GDP growth rate in 2026 is 2.5%. GDP per capita is $29,020.
Barbados GDP Trend
Nominal GDP of Barbados has grown from $1.11 billion in 1980 to $8.48 billion in 2026.
Barbados GDP Growth Rate (%)
This chart shows the year-over-year real GDP growth rate of Barbados. Hover any bar to see the exact value for that year.
Average Growth
1.07%
Best Year
2022 (+15.9%)
Worst Year
2020 (-17.4%)
Years of Contraction
13 of 47
GDP per capita in Barbados rose from $27,495 in 2025 to $29,020 in 2026, an increase of 5.5%.
"Barbados GDP", "Barbados gross domestic product", and "Barbados economy size" all refer to the same nominal GDP figure.
Gross Domestic Product (GDP) of Barbados
The table below shows nominal and PPP GDP, growth rate, and GDP per capita for Barbados for every year IMF has published data, from 1980 to 2026. Click any column header to sort, or search by year.
Barbados nominal GDP by year
Year
GDP Nominal (Current USD)
GDP Growth
GDP per capita
Pop. Change
2026
$8,483,000,000
2.5%
$29,020
0%
2025
$8,017,000,000
2.7%
$27,495
0.34%
2024
$7,598,000,000
3.4%
$26,076
0.34%
2023
$7,223,000,000
1.8%
$24,877
0.35%
2022
$6,887,000,000
15.9%
$23,799
0%
2021
$5,949,000,000
8%
$20,611
0.35%
2020
$5,403,000,000
-17.4%
$18,768
0.35%
2019
$6,167,000,000
0.2%
$21,474
0.35%
2018
$6,001,000,000
-0.3%
$20,950
0%
2017
$5,847,000,000
0.7%
$20,466
0.35%
2016
$5,679,000,000
1.4%
$19,927
0.35%
2015
$5,700,000,000
-0.8%
$20,054
0.35%
2014
$5,685,000,000
0.8%
$20,061
0%
2013
$5,660,000,000
0.2%
$20,035
0.35%
2012
$5,487,000,000
-2.9%
$19,484
0.36%
2011
$5,563,000,000
-0.1%
$19,826
0.36%
2010
$5,429,000,000
-2.2%
$19,418
0.72%
2009
$5,351,000,000
-4.8%
$19,214
0.36%
2008
$5,708,000,000
0.7%
$20,581
0.36%
2007
$5,572,000,000
2.3%
$20,178
0.36%
2006
$4,969,000,000
5.7%
$18,066
0.36%
2005
$4,451,000,000
4%
$16,245
0.37%
2004
$3,966,000,000
1.4%
$14,524
0.37%
2003
$3,676,000,000
2.2%
$13,503
0.37%
2002
$3,554,000,000
0.8%
$13,092
0%
2001
$3,494,000,000
-2.4%
$12,907
0.37%
2000
$3,499,000,000
4.5%
$12,967
0.37%
1999
$3,392,000,000
0.3%
$12,615
0.37%
1998
$3,230,000,000
3.7%
$12,055
0.37%
1997
$2,818,000,000
4.7%
$10,557
0.38%
1996
$2,657,000,000
4%
$9,993
0.38%
1995
$2,481,000,000
2%
$9,365
0.38%
1994
$2,354,000,000
2%
$8,915
0.38%
1993
$2,257,000,000
0.8%
$8,580
0.38%
1992
$2,129,000,000
-5.7%
$8,121
0.38%
1991
$2,211,000,000
-3.9%
$8,462
0.38%
1990
$2,202,000,000
-3.3%
$8,456
0.39%
1989
$2,195,000,000
3.6%
$8,461
0%
1988
$1,983,000,000
3.5%
$7,672
0.39%
1987
$1,865,000,000
2.6%
$7,239
0.39%
1986
$1,693,000,000
5.1%
$6,596
0.39%
1985
$1,542,000,000
1.1%
$6,027
0.39%
1984
$1,474,000,000
3.6%
$5,775
0%
1983
$1,352,000,000
0.5%
$5,312
0.39%
1982
$1,274,000,000
-4.9%
$5,017
0.4%
1981
$1,219,000,000
-1.9%
$4,816
0.4%
1980
$1,108,000,000
4.4%
$4,392
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The nominal GDP of Barbados in 2026 is $8.48 billion, according to the IMF World Economic Outlook (April 2026). This ranks Barbados 160th in the world by nominal GDP.
What is the GDP growth rate of Barbados?
The GDP growth rate of Barbados in 2026 is 2.5%, per IMF estimates.
What is the GDP per capita of Barbados?
GDP per capita in Barbados in 2026 is $29,020, per IMF data.
Is the GDP of Barbados expected to grow?
IMF projects the nominal GDP of Barbados to reach $10.75 billion by 2031, up from $8.48 billion in 2026.
Sources: IMF, World Economic Outlook (April 2026).
Disclaimer: GDP figures are IMF World Economic Outlook (April 2026) estimates and projections, subject to revision in future WEO releases. This page is for informational purposes only and is not investment or economic advice.