Data / Services, value added / Barbados

Services, value added in Barbados

Services, value added in Barbados was 75.8% of GDP in 2024, according to the World Bank. That is up 0.3 pts from 2023. That is the 13th highest of 188 countries in 2024.

2024, % of GDP75.8
Change on 2023+0.3 pts
Rank13th of 188Countries ranked
Series high75.82024
Series low42.51980

Next release: Friday, 8 October 2027, estimated by Invokely from past publication dates (low confidence), not announced by the publisher. Release calendar

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Services, value added in Barbados, 1975 to 2024

405060708019751983199119992007201520241975: 46.6 % of GDP1976: 51.2 % of GDP1977: 51 % of GDP1978: 51 % of GDP1979: 51.9 % of GDP1980: 42.5 % of GDP1981: 44.1 % of GDP1982: 43.7 % of GDP1983: 42.8 % of GDP1984: 43.2 % of GDP1985: 45.7 % of GDP1986: 44.7 % of GDP1987: 45.1 % of GDP1988: 44.5 % of GDP1989: 44.5 % of GDP1990: 71 % of GDP1991: 70.5 % of GDP1992: 71.5 % of GDP1993: 70.6 % of GDP1994: 71.9 % of GDP1995: 72.2 % of GDP1996: 72.8 % of GDP1997: 72 % of GDP1998: 70.4 % of GDP1999: 70.6 % of GDP2000: 71.3 % of GDP2001: 71.5 % of GDP2002: 73.7 % of GDP2003: 71.7 % of GDP2004: 72.9 % of GDP2005: 71.9 % of GDP2006: 72.5 % of GDP2007: 72 % of GDP2008: 72.5 % of GDP2009: 73.8 % of GDP2010: 75.3 % of GDP2011: 75.5 % of GDP2012: 73.9 % of GDP2013: 75.5 % of GDP2014: 75.7 % of GDP2015: 74.7 % of GDP2016: 75 % of GDP2017: 74.2 % of GDP2018: 74.1 % of GDP2019: 74.4 % of GDP2020: 73.6 % of GDP2021: 74.9 % of GDP2022: 75.7 % of GDP2023: 75.5 % of GDP2024: 75.8 % of GDP405060708019751992200920241975: 46.6 % of GDP1976: 51.2 % of GDP1977: 51 % of GDP1978: 51 % of GDP1979: 51.9 % of GDP1980: 42.5 % of GDP1981: 44.1 % of GDP1982: 43.7 % of GDP1983: 42.8 % of GDP1984: 43.2 % of GDP1985: 45.7 % of GDP1986: 44.7 % of GDP1987: 45.1 % of GDP1988: 44.5 % of GDP1989: 44.5 % of GDP1990: 71 % of GDP1991: 70.5 % of GDP1992: 71.5 % of GDP1993: 70.6 % of GDP1994: 71.9 % of GDP1995: 72.2 % of GDP1996: 72.8 % of GDP1997: 72 % of GDP1998: 70.4 % of GDP1999: 70.6 % of GDP2000: 71.3 % of GDP2001: 71.5 % of GDP2002: 73.7 % of GDP2003: 71.7 % of GDP2004: 72.9 % of GDP2005: 71.9 % of GDP2006: 72.5 % of GDP2007: 72 % of GDP2008: 72.5 % of GDP2009: 73.8 % of GDP2010: 75.3 % of GDP2011: 75.5 % of GDP2012: 73.9 % of GDP2013: 75.5 % of GDP2014: 75.7 % of GDP2015: 74.7 % of GDP2016: 75 % of GDP2017: 74.2 % of GDP2018: 74.1 % of GDP2019: 74.4 % of GDP2020: 73.6 % of GDP2021: 74.9 % of GDP2022: 75.7 % of GDP2023: 75.5 % of GDP2024: 75.8 % of GDP
% of GDP. Source: World Bank, Services, value added (% of GDP) (NV.SRV.TOTL.ZS). Retrieved 2026-10-18, published 2026-10-08.
All 50 values
Period% of GDP
202475.8
202375.5
202275.7
202174.9
202073.6
201974.4
201874.1
201774.2
201675
201574.7
201475.7
201375.5
201273.9
201175.5
201075.3
200973.8
200872.5
200772
200672.5
200571.9
200472.9
200371.7
200273.7
200171.5
200071.3
199970.6
199870.4
199772
199672.8
199572.2
199471.9
199370.6
199271.5
199170.5
199071
198944.5
198844.5
198745.1
198644.7
198545.7
198443.2
198342.8
198243.7
198144.1
198042.5
197951.9
197851
197751
197651.2
197546.6

Barbados compared with nearby places

United Arab Emirates: 54.9 % of GDPAfghanistan: 45.2 % of GDPAntigua and Barbuda: 70 % of GDPAlbania: 48.7 % of GDPArmenia: 62 % of GDPAngola: 44.6 % of GDPArgentina: 53.7 % of GDPAustria: 64 % of GDPAustralia: 66.1 % of GDPAzerbaijan: 42.5 % of GDPBosnia and Herzegovina: 56.7 % of GDPBangladesh: 51.4 % of GDPBelgium: 71 % of GDPBurkina Faso: 44 % of GDPBulgaria: 63.8 % of GDPBurundi: 43.3 % of GDPBenin: 48.9 % of GDPBrunei: 39 % of GDPBolivia: 53.4 % of GDPBrazil: 59.2 % of GDPBahamas: 77.2 % of GDPBhutan: 51.5 % of GDPBotswana: 63.5 % of GDPBelarus: 49.5 % of GDPBelize: 62.4 % of GDPDemocratic Republic of the Congo: 47.3 % of GDPCentral African Republic: 42.1 % of GDPRepublic of the Congo: 45 % of GDPSwitzerland: 71.5 % of GDPCôte d’Ivoire: 51.9 % of GDPChile: 55.8 % of GDPCameroon: 50.7 % of GDPChina: 56.8 % of GDPColombia: 57.6 % of GDPCosta Rica: 69 % of GDPCuba: 73.4 % of GDPCape Verde: 68.8 % of GDPCyprus: 76.5 % of GDPCzechia: 60.2 % of GDPGermany: 64 % of GDPDjibouti: 76.1 % of GDPDenmark: 63.5 % of GDPDominican Republic: 59.8 % of GDPAlgeria: 46.8 % of GDPEcuador: 57.1 % of GDPEstonia: 65.7 % of GDPEgypt: 48.9 % of GDPSpain: 68.9 % of GDPEthiopia: 37.5 % of GDPFinland: 62.2 % of GDPFiji: 54.6 % of GDPFaroe Islands: 53.8 % of GDPFrance: 70.9 % of GDPGabon: 36.8 % of GDPUnited Kingdom: 72.5 % of GDPGeorgia: 62 % of GDPGhana: 43.6 % of GDPGambia: 56.8 % of GDPGuinea: 36.3 % of GDPEquatorial Guinea: 49.3 % of GDPGreece: 68 % of GDPGuatemala: 62 % of GDPGuinea-Bissau: 38.6 % of GDPGuyana: 14.5 % of GDPHong Kong: 91.5 % of GDPHonduras: 58.1 % of GDPCroatia: 60.8 % of GDPHaiti: 52.7 % of GDPHungary: 59.4 % of GDPIndonesia: 43.8 % of GDPIreland: 60.6 % of GDPIsrael: 72.8 % of GDPIndia: 48 % of GDPIraq: 45.8 % of GDPIran: 49.8 % of GDPIceland: 65.3 % of GDPItaly: 64.7 % of GDPJamaica: 60 % of GDPJordan: 57.4 % of GDPJapan: 71.4 % of GDPKenya: 55.7 % of GDPKyrgyzstan: 52.3 % of GDPCambodia: 35.6 % of GDPKiribati: 70.3 % of GDPSouth Korea: 57.5 % of GDPKuwait: 55.7 % of GDPCayman Islands: 86.5 % of GDPKazakhstan: 57.9 % of GDPLaos: 43.5 % of GDPLebanon: 35.7 % of GDPSri Lanka: 57.5 % of GDPLiberia: 43.3 % of GDPLesotho: 51.4 % of GDPLithuania: 64.2 % of GDPLuxembourg: 81.2 % of GDPLatvia: 64.7 % of GDPLibya: 28.3 % of GDPMorocco: 52.7 % of GDPMoldova: 61.7 % of GDPMontenegro: 63.8 % of GDPMadagascar: 49.3 % of GDPNorth Macedonia: 56.2 % of GDPMali: 36.1 % of GDPMyanmar: 38.5 % of GDPMongolia: 44.3 % of GDPMauritania: 42.4 % of GDPMauritius: 64.4 % of GDPMalawi: 44.2 % of GDPMexico: 58.6 % of GDPMalaysia: 53.7 % of GDPMozambique: 41.1 % of GDPNamibia: 54.1 % of GDPNiger: 32.2 % of GDPNigeria: 53.7 % of GDPNicaragua: 46.8 % of GDPNetherlands: 70.5 % of GDPNorway: 53.5 % of GDPNepal: 54.9 % of GDPOman: 46 % of GDPPanama: 69.3 % of GDPPeru: 50.9 % of GDPPapua New Guinea: 42 % of GDPPhilippines: 63.2 % of GDPPakistan: 50.7 % of GDPPoland: 59.1 % of GDPPuerto Rico: 51.8 % of GDPPalestine: 60.2 % of GDPPortugal: 66.3 % of GDPPalau: 73.1 % of GDPParaguay: 48.4 % of GDPQatar: 45.3 % of GDPRomania: 62.6 % of GDPSerbia: 58.8 % of GDPRussia: 57.7 % of GDPRwanda: 52.2 % of GDPSaudi Arabia: 46.9 % of GDPSolomon Islands: 46.9 % of GDPSudan: 54.7 % of GDPSweden: 66.5 % of GDPSingapore: 73.1 % of GDPSlovenia: 57.9 % of GDPSlovakia: 60 % of GDPSierra Leone: 42.6 % of GDPSenegal: 49.1 % of GDPSuriname: 50.8 % of GDPEl Salvador: 60.2 % of GDPEswatini: 51.4 % of GDPChad: 31 % of GDPTogo: 49.2 % of GDPThailand: 59.3 % of GDPTajikistan: 36.5 % of GDPTimor-Leste: 71.6 % of GDPTurkmenistan: 47.5 % of GDPTunisia: 62.6 % of GDPTürkiye: 57.5 % of GDPTrinidad and Tobago: 59.2 % of GDPTanzania: 29.6 % of GDPUkraine: 60.4 % of GDPUganda: 43.1 % of GDPUruguay: 65.1 % of GDPUzbekistan: 46.3 % of GDPVietnam: 42.4 % of GDPVanuatu: 56.8 % of GDPSamoa: 69.4 % of GDPSouth Africa: 63 % of GDPZambia: 57.2 % of GDPZimbabwe: 50.6 % of GDP
  • Under 44
  • 44 to 51
  • 51 to 56
  • 56 to 60
  • 60 to 66
  • 66 and over
  • No data
Services, value added, 2024, % of GDP. Barbados is outlined. Same source and period for every area shown. Source: World Bank. Boundaries: Natural Earth (public domain).

Rankings

Definition

Gross value added of services (ISIC Rev.

More on how it is measured
  • 4 divisions 45 to 99), including trade, transport, hotels and restaurants, finance, real estate, public administration, education and health, as a share of GDP.
  • World Bank national accounts data, compiled from national statistical offices and central banks and from OECD national accounts files.

Agriculture, industry and services do not add up to exactly 100%: taxes less subsidies on products are part of GDP but of no sector. Current prices, so the share moves with relative prices as well as volumes. Countries that rebase their national accounts can shift it by several points. The latest year varies by country.

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How to cite

World Bank, World Development Indicators. Services, value added (% of GDP) (NV.SRV.TOTL.ZS). https://data.worldbank.org/indicator/NV.SRV.TOTL.ZS. Retrieved 2026-10-18. Licensed under CC BY 4.0.

Citation styles

The publisher is the author. Invokely is named only as the place the figures were read, where a style asks for it.

APA 7

World Bank. (2026). Services, value added (% of GDP) (NV.SRV.TOTL.ZS) (Services, value added, Barbados, 1975 to 2024) [Data set]. Retrieved October 18, 2026, from https://data.worldbank.org/indicator/NV.SRV.TOTL.ZS

MLA 9

Services, value added (% of GDP) (NV.SRV.TOTL.ZS), Services, value added, Barbados, 1975 to 2024. World Bank, 8 Oct. 2026, https://data.worldbank.org/indicator/NV.SRV.TOTL.ZS. Invokely, https://invokely.ai/en/services-share-of-gdp/barbados. Accessed 18 Oct. 2026.

Chicago (author-date)

World Bank. 2026. Services, value added (% of GDP) (NV.SRV.TOTL.ZS). Services, value added, Barbados, 1975 to 2024. Dataset. Accessed October 18, 2026. https://data.worldbank.org/indicator/NV.SRV.TOTL.ZS. Also distributed by Invokely, https://invokely.ai/en/services-share-of-gdp/barbados.

Harvard

World Bank (2026) Services, value added (% of GDP) (NV.SRV.TOTL.ZS), Services, value added, Barbados, 1975 to 2024 [Dataset]. Available at: https://data.worldbank.org/indicator/NV.SRV.TOTL.ZS, via Invokely: https://invokely.ai/en/services-share-of-gdp/barbados (Accessed: 18 October 2026).

BibTeX
@misc{world_services_value_added_barbados_2024,
  author = {{World Bank}},
  title = {{Services, value added (\% of GDP) (NV.SRV.TOTL.ZS): Services, value added, Barbados, 1975 to 2024}},
  year = {2026},
  howpublished = {Data set},
  url = {https://data.worldbank.org/indicator/NV.SRV.TOTL.ZS},
  urldate = {2026-10-18},
  note = {Accessed via Invokely, https://invokely.ai/en/services-share-of-gdp/barbados. Publisher attribution: World Bank, World Development Indicators. Services, value added (\% of GDP) (NV.SRV.TOTL.ZS). https://data.worldbank.org/indicator/NV.SRV.TOTL.ZS. Retrieved 2026-10-18. Licensed under CC BY 4.0.},
}
RIS
TY  - DATA
AU  - World Bank
TI  - Services, value added (% of GDP) (NV.SRV.TOTL.ZS): Services, value added, Barbados, 1975 to 2024
PY  - 2026
DA  - 2026/10/08
PB  - World Bank
DB  - Invokely
UR  - https://data.worldbank.org/indicator/NV.SRV.TOTL.ZS
L2  - https://invokely.ai/en/services-share-of-gdp/barbados
Y2  - 2026/10/18
N1  - Accessed via Invokely, https://invokely.ai/en/services-share-of-gdp/barbados.
N1  - Publisher attribution: World Bank, World Development Indicators. Services, value added (% of GDP) (NV.SRV.TOTL.ZS). https://data.worldbank.org/indicator/NV.SRV.TOTL.ZS. Retrieved 2026-10-18. Licensed under CC BY 4.0.
ER  -
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Questions

What is the services, value added in Barbados?

Services, value added in Barbados was 75.8% of GDP in 2024, according to the World Bank. That is up 0.3 pts from 2023. That is the 13th highest of 188 countries in 2024.

Where does this figure come from?

World Bank. Services, value added (% of GDP) (NV.SRV.TOTL.ZS). Retrieved by Invokely on 2026-10-18.

What was the highest services, value added in Barbados?

75.8% of GDP in 2024, the highest value since 1975 in this series.

Services, value added in other countries

Related statistics for Barbados

All statistics for Barbados | Barbados in figures