World Ranking of Economies · 2026 Edition
Barbados
US$8.0 billion
About the size of Valdosta, GA metro area (2024 GDP)
Barbados ranks 51st in the world on GDP per capita, at US$28,365, but drops 33 places to 84th on a PPP basis because local prices are high. By total output it rose 1 place to 155th in 2025, between Liechtenstein and Yemen.
US$ GDP rose 5.5% to US$8.0 billion, with real growth of +2.7%. As of 2024, services made up 75.8% of output, industry 12.2% and agriculture 1.6%, with manufacturing at 4.9%. Inflation stood at 0.8% and unemployment at 6.5%, while government gross debt is 96.2% of GDP.
With 282,623 people, the economy is about the size of the Valdosta, GA metro area. It has grown 2.6 times in dollar terms since 2000, when it measured US$3.1 billion and ranked 136th. The IMF projects GDP of US$10.0 billion by 2030, a +24% rise that would lift it to 153rd.
