Barbados Economy: GDP, Inflation, CPI & Interest Rates

This chart displays Economic Growth (GDP, annual variation in %) for Barbados from 2013 to 2022.

Barbados Economic Data

	2017	2018	2019	2020	2021
Population (million)	0.3	0.3	0.3	0.3	0.3
GDP (USD bn)	5.0	5.1	5.3	4.7	4.8
GDP per Capita (USD)	17,412	17,823	18,551	16,222	16,761
GDP (LCU bn)	10	10	11	9	10
Economic Growth (Nominal GDP, ann. var. %)	3.1	2.3	4.5	-12.3	3.7
Economic Growth (GDP, ann. var. %)	3.1	2.3	4.5	-12.3	3.7
Fiscal Balance (% of GDP)	3.3	3.4	6.2	-0.9	-0.9
Public Debt (% of GDP)	158.3	126.0	123.0	139.8	135.4
Inflation (CPI, ann. var. %, eop)	15.5	1.4	16.2	1.9	10.3
Inflation (CPI, ann. var. %, aop)	10.7	8.4	9.6	6.6	5.4
Policy Rate (%, eop)	7.35	-	-	-	-
Exchange Rate (BBD per USD, eop)	2	2	2	2	2
Exchange Rate (LCU per USD, aop)	2	2	2	2	2
Current Account Balance (USD bn)	0	0	0	0	-1
Current Account Balance (% of GDP)	-3.8	-4.4	-2.8	-6.0	-11.2
Merchandise Trade Balance (USD bn)	-0.8	-	-	-	-
Merchandise Exports (USD bn)	1	-	-	-	-
Merchandise Imports (USD bn)	2	-	-	-	-
Merchandise Exports (ann. var. %)	-28	-	-	-	-
Merchandise Imports (ann. var. %)	-1	-	-	-	-
Foreign Direct Investment (USD bn)	0.1	0.2	0.2	0.3	0.2
International Reserves (USD bn)	0	1	1	1	2
International Reserves (months of imports)	2.1	-	-	-	-