Barbados economy
Barbados’ economy grew 2.7% in 2025, slower than the world as a whole (2.9%). Consumer prices rose 0.8% in 2025, and 6.5% of the labour force was out of work.
| Indicator | Latest | Year |
|---|---|---|
| Real GDP growth | 2.7% | 2025 |
| Inflation (consumer prices) | 0.8% | 2025 |
| Unemployment | 6.5% | 2025 |
| GDP (US dollars) | $8.0 bn | 2025 |
| GDP per person (US dollars) | $28,365 | 2025 |
| GDP per person (PPP, international dollars) | $24,823 | 2024 |
| Current account balance, % of GDP | −5.1% | 2017 |
| Budget balance, % of GDP | −4.2% | 2016 |
| Extreme poverty, % of people below $3.00 a day | 1.7% | 2016 |
| Population | 283k | 2025 |
Source: World Bank, World Development Indicators (CC BY 4.0). Data release 2026-10-22. Figures are revised by their publishers.