Flag of Barbados

BARBADOS

Caribbean • Upper-Middle Income • CARICOM Member

Data as of October 2023

AT A GLANCE

$25,927 GDP per Capita 2025
283K Population 2025
+0.8% GDP Growth 2025
104.8% Debt-to-GDP 2024
-0.3% Budget Balance 2025
$27,819 Debt per Capita 2024

DEBT OVERVIEW

Debt-to-GDP Trend

Debt Composition

$7.86B Total Debt Stock
5.2% Interest Payments / GDP
External Debt Stock
28.9% Gov Revenue / GDP

ECONOMIC CONTEXT

GDP & Growth Rate

SDG PROGRESS

The Sustainable Development Goals (SDGs) are 17 global goals adopted by all UN member states to track progress on poverty, health, education, and environmental sustainability.

69.6 SDG Index Score out of 100
#82 Global Rank of 166 countries
#3 Caribbean Rank of 13 nations

Explore the Data

Complete time-series data across all indicator categories

Country data sections

Indicator 2021 2022 2023 2024 2025
GDP (Current USD) $5.95B $6.88B $7.22B $7.50B $7.56B
GDP (Constant 2015 USD) $4.93B $5.78B $5.95B $6.10B
GDP per Capita (Current USD) $21,080 $24,387 $25,584 $26,545 $25,927
GDP per Capita (Constant 2015 USD) $17,475 $20,473 $21,068 $21,581
GNI (Current USD) $5.85B $6.72B $6.94B $7.20B
GDP Growth (Current USD) 10.0% 15.8% 4.9% 3.8% 0.8%
GDP Growth (Constant USD) -0.1% 17.2% 2.9% 2.5%

Related Resources

View all resources
Caribbean & SIDS Context

GCF Special Session on Caribbean Regional Initiatives on Debt for Climate Transactions

Climate Finance

Debt Sustainability Analysis Framework

Climate Finance

Debt Relief for Low-Income Countries