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Trading Basics

Barbados

Capital
Bridgetown
Region
Latin America & Caribbean
Income group
High income
Population
283,000 (2025)

At a glance

  • Prices in Barbados rose 0.9% in 2025, slower than in most countries.
  • Barbados' economy grew 2.7% in 2025, slower than most economies.
  • Output per person in Barbados was US$28,365 in 2025, higher than in most countries.
  • 6.5% of Barbados' labour force had no job in 2025, a higher share than in most countries.
  • Barbados had 283,000 people in 2025: about less than 0.1% of everyone on Earth, the 179th largest population of 217 countries and territories.

Consumer prices, change over the year (yearly average)

0.9%
World median 3.0%

Since 2000

Show the numbers
Inflation in Barbados and the world median, last ten years
YearBarbadosWorld median
20250.9%3.0%
20241.5%3.0%
20233.2%5.7%
20191.7%2.2%
20183.1%2.5%
20174.7%2.3%
20161.3%1.6%
2015−1.1%1.4%
20141.8%2.4%
20131.8%2.6%

Real GDP, change over the year

2.7%
World median 3.4%

Since 2000

Show the numbers
Economic growth in Barbados and the world median, last ten years
YearBarbadosWorld median
20252.7%3.4%
20243.4%3.4%
20231.8%3.2%
202216.0%4.3%
20218.0%5.1%
2020−17.4%−3.8%
20190.2%2.8%
2018−0.3%3.2%
20170.7%3.3%
20161.4%3.1%

GDP divided by population, in US dollars at current prices

US$28,365
World median US$7,882

Since 2000

Show the numbers
GDP per person in Barbados and the world median, last ten years
YearBarbadosWorld median
2025US$28,365US$7,882
2024US$26,897US$7,853
2023US$25,584US$7,862
2022US$24,393US$7,656
2021US$21,084US$7,269
2020US$19,181US$6,433
2019US$21,929US$7,037
2018US$21,378US$6,978
2017US$20,871US$6,548
2016US$20,311US$5,982

Share of the labour force without a job (ILO modelled estimate)

6.5%
World median 5.1%

Since 2000

Show the numbers
Unemployment in Barbados and the world median, last ten years
YearBarbadosWorld median
20256.5%5.1%
20246.5%5.1%
20236.5%5.2%
20227.3%5.3%
202111.0%6.0%
202010.6%6.4%
20198.4%5.4%
20188.3%5.4%
20178.6%5.6%
20168.3%5.9%

Everyone living in the country, mid-year

283,000

Since 2000

Show the numbers
Population in Barbados and the world median, last ten years
YearBarbados
2025283,000
2024282,000
2023282,000
2022282,000
2021282,000
2020282,000
2019281,000
2018281,000
2017280,000
2016280,000

No recent World Bank figure for Barbados: government debt, current account balance.

About these figures

All numbers are yearly. The world median is the middle value of all countries with a figure for the same year: half of them are above it and half below. Sparklines show Barbados since 2000 or since its first figure.

Source: World Bank, World Development Indicators (CC BY 4.0), updated 2026-10-08. Original sources: Inflation: International Monetary Fund, International Financial Statistics; Economic growth: national statistical offices and central banks, OECD national accounts, and World Bank staff estimates; GDP per person: national statistical offices and central banks, OECD national accounts, and World Bank staff estimates; Unemployment: International Labour Organization, ILO modelled estimates (ILOSTAT); Population: United Nations Population Division (World Population Prospects) and national statistical offices. Yearly figures; recent years are often revised. All sources and terms.