Barbados's $5.5 billion economy, growing 3.5% in 2025, thrives on tourism, offshore finance, and sugar, with per capita GDP at $15,000. Rum exports lead, but fuel imports strain trade for its 280,000 residents. Debt and climate risks challenge progress. Recent renewable energy and digital service initiatives enhance stability. Barbados invests in education and sustainable tourism to reduce poverty, leveraging its Caribbean charm. Aiming for resilient growth, it navigates environmental threats, focusing on green innovation. The nation seeks long-term prosperity, balancing economic success with environmental stewardship in a competitive regional market.
World Bank GDP economic data: 2010-2024. Last updated Apr 2026. See Barbados GDP per capita.
Barbados GDP Statistics by Year
| Year | GDP Size (in billions $) |
| 2025 (projected) | 8 |
| 2024 | 7 |
| 2023 | 7 |
| 2022 | 6 |
| 2021 | 5 |
| 2020 | 5 |
| 2019 | 6 |
| 2018 | 6 |
| 2017 | 6 |
| 2016 | 5 |
| 2015 | 5 |
| 2014 | 5 |
| 2013 | 5 |
| 2012 | 5 |
| 2011 | 5 |
| 2010 | 5 |