🇧🇧 Barbados Industry, value added

Barbados Industry, value added was $765.57M in 2024, up 5.0% from 2023, according to World Bank data. The 10-year average is $747.10M. Historical data available from 1975 to 2024 (50 data points). The all-time high was $1.02B in 2008.

Source: World Bank World Development Indicators • 1975202450 data pointsEconomy & Growth

Latest Value
$765.57M
2024
Year-on-Year
+5.0%
vs 2023
10-Year Average
$747.10M
20152024
Range
High: $1.02B (2008)
Low: $676.38M (1975)

Barbados Industry (including construction), value added (constant 2015 US$)1975 to 2024

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About this Indicator

Industry (including construction) corresponds to ISIC (Rev.4) divisions 05-43. It is comprised of mining, manufacturing, construction, electricity, water, and gas industries. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.

Historical Data Table

YearValue
2024$765.57M
2023$729.17M
2022$759.49M
2021$705.92M
2020$703.58M
2019$744.04M
2018$743.26M
2017$775.22M
2016$769.18M
2015$775.55M

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