
Photo: Berit Watkin , derivative work (crop) by Globe-trotter · CC BY 2.0 · via Wikimedia Commons, shown in greyscale
Topic 02 of 18 · Country Index 2026
Barbados: Economy & Innovation
What does an economy do for the people inside it?
Barbados is placed 96th of 176 countries on economy & innovation in the Country Index 2026, from 2 of its 4 key statistics. Readings behind it: GDP per Capita (PPP) 22,127 (2025); Firms with a Bank Loan or Line of Credit 26.93 (2025).
Share
Economy & Innovation
96th
of 176 countries placed
Placed from 2 of 4 key statistics
- 22,127GDP per Capita (PPP), 2025GDP per capita (constant 2021 international $, PPP)
- 26.93Firms with a Bank Loan or Line of Credit, 2025Firms with a bank loan or line of credit (%)
- —Economic Complexity Index, 2024No reading for this country
- —Account Ownership at a Financial Institution, 2024No reading for this country
01The evidence
The 4 key statistics that decide it
Only these place Barbados on economy & innovation — one vote each. Every value is the publisher’s own, read at the edition the Country Index 2026 used — or, for a survey-based key, each country’s latest reading; the grey ticks are every other country it was compared with, lowest on the left.
22,127
GDP per capita (constant 2021 international $, PPP)
Higher is better
Barbados: 22,127. Across the 185 countries in this edition, values run from 1,067 (Burundi) to 139,593 (Singapore); the world median is 17,265.
- World median
- 17,265
- Best in Caribbean
- 48,273 Sint Maarten
Key 2 of 4
Firms with a Bank Loan or Line of Credit
World Bank Group
Latest reading per country, 2016–2025 · Barbados’s is from 2023 · CC BY 4.0
26.93
Firms with a bank loan or line of credit (%)
Higher is better
Barbados: 26.93. Across the 179 countries at their latest reading, values run from 2.113 (Pakistan) to 88.52 (Israel); the world median is 35.95.
- World median
- 35.95
- Best in Caribbean
- 57.57 Saint Lucia
Key 3 of 4
Economic Complexity Index
Growth Lab at Harvard University
2024 edition · data for 2024 · CC0 1.0
No reading
ECI score (standardised, roughly −3 to +3)
Higher is better
Growth Lab at Harvard University publishes no 2024 figure for Barbados, so the standing rests on the other keys.
Across the 145 countries in this edition, values run from -3.53 (Chad) to 1.729 (Japan); the world median is 0.131.
- World median
- 0.131
- Best in Caribbean
- 0.056 Trinidad and Tobago
Key 4 of 4
Account Ownership at a Financial Institution
World Bank Group
2024 edition · data for 2024 · CC BY 4.0
No reading
Adults with an account (% of population aged 15+)
Higher is better
World Bank Group publishes no 2024 figure for Barbados, so the standing rests on the other keys.
Across the 139 countries in this edition, values run from 14.83 (Niger) to 99.85 (Iceland); the world median is 72.83.
- World median
- 72.83
- Best in Caribbean
- 74.59 Trinidad and Tobago
02Over time
Which way Barbados is moving
Each key’s published value, edition by edition, beside the world median. The Country Index 2026 is the first edition of the standing, so the standing itself has no history to chart yet.
GDP per Capita (PPP)
GDP per capita (constant 2021 international $, PPP) · higher is better
BarbadosWorld median
Barbados rose from 21,316 in 2000 to 22,127 in 2025; the world median went from 10,589 to 17,265.
Every year’s figures
Year Barbados World median 2025 22,127 17,265 2024 21,558 18,108 2023 20,865 17,686 2022 20,495 16,933 2021 17,687 16,260 2020 16,400 15,631 2019 19,890 16,761 2018 19,878 16,349 2017 19,966 16,129 2016 19,877 15,512 2015 19,642 14,857 2014 19,841 14,475 2013 19,730 14,681 2012 19,744 14,631 2011 20,383 13,916 2010 20,465 14,101 2009 22,355 13,655 2008 23,657 14,030 2007 23,632 13,755 2006 23,261 12,983 2005 22,035 12,023 2004 21,309 11,608 2003 21,132 11,183 2002 20,810 11,144 2001 20,783 10,907 2000 21,316 10,589
03In context
Barbados beside its neighbours
A position reads best beside the countries around it. Every position below is a place among all 176 countries on economy & innovation, never a place within the region.
Barbados and Caribbean
Barbados has no land border, so the table compares it with its sub-region. Standing among all 176; the key columns are the publishers’ own values.
| Country | Standing | GDP per Capita (PPP)GDP per capita (constant 2021 international $, PPP) | Firms with a Bank Loan or Line of CreditFirms with a bank loan or line of credit (%) | Economic Complexity IndexECI score (standardised, roughly −3 to +3) | Account Ownership at a Financial InstitutionAdults with an account (% of population aged 15+) |
|---|---|---|---|---|---|
| 34th | 24,503 | 57.57 | — | — | |
| 67th | 24,543 | 53.55 | 0.034 | 64.78 | |
| 72nd | 30,620 | 33.01 | — | — | |
| =77th | 18,241 | 39.29 | — | — | |
| =80th | 31,722 | 28.63 | 0.056 | 74.59 | |
| 85th | 19,483 | 35.66 | — | — | |
| 93rd | 11,358 | 47.74 | -0.351 | — | |
| 96th | 22,127 | 26.93 | — | — | |
| =151st | 2,678 | — | -0.558 | — | |
| not placed | — | — | — | — | |
| not placed | — | — | — | — | |
| not placed | — | 34.24 | — | — | |
| not placed | — | — | — | — | |
| not placed | — | — | — | — | |
| not placed | — | — | -1.048 | — | |
| not placed | — | — | — | — | |
| not placed | 19,409 | 32.81 | — | — | |
| not placed | — | — | — | — | |
| not placed | 44,603 | — | — | — | |
| not placed | 31,428 | 49.32 | — | — | |
| not placed | — | — | — | — | |
| not placed | 48,273 | — | — | — | |
| not placed | — | — | — | — | |
| not placed | — | — | — | — |
“—”: no published reading in that edition. What a standing is
Across Caribbean
Every country in the sub-region, by its place among all 176.
Saint Lucia34th
Dominican Republic67th
Antigua and Barbuda72nd
Grenada=77th
Trinidad and Tobago=80th
Saint Vincent and the Grenadines85th
Jamaica93rd
Barbados96th
Haiti=151st
Anguillanot placed
Arubanot placed
Bahamasnot placed
British Virgin Islandsnot placed
Cayman Islandsnot placed
Cubanot placed
Curaçaonot placed
Dominicanot placed
Montserratnot placed
Puerto Riconot placed
Saint Kitts and Nevisnot placed
Saint Martinnot placed
Sint Maartennot placed
Turks and Caicos Islandsnot placed
United States Virgin Islandsnot placed
Placed either side on economy & innovation
The countries immediately above and below Barbados in the topic’s list.
04Context, no vote
Where Barbados is ahead of the world, and behind
36 more statistics filed under economy & innovation, published in full and deliberately given no vote in the standing. Select a row for the publisher, the rank and the links.
Ahead of the world median8
Statistics on which Barbados does better than the middle country measured.
Water-Use EfficiencyFAO · 2023 · world median 16.161.6816.1▼ Worsened since 2013
Barbados: 61.68 · world median 16.1 · Value added per cubic metre of freshwater withdrawn (constant US$ per m³). Food and Agriculture Organization of the United Nations (FAO), 2023 edition, data for 2023.
Published values in that edition run from 0.38 to 1,378; higher is better.
Productive Capacities IndexUNCTAD · 2022 · world median 46.6755.6146.67▼ Worsened since 2012
Barbados: 55.61 · world median 46.67 · Productive Capacities Index (1–100). UN Trade and Development (UNCTAD), 2022 edition, data for 2022.
Published values in that edition run from 17.8 to 71.02; higher is better.
Position 52nd of 195 · derived.
Management Practices IndexWorld Bank Group · 2026 · world median 52.3957.7552.39No earlier reading
Barbados: 57.75 · world median 52.39 · Management practices index, medium and large firms (0–100). World Bank Group, 2026 edition, data for 2026.
Published values in that edition run from 28.07 to 69.29; higher is better.
Position 48th of 169 · derived.
Regulatory QualityWorld Bank Group · 2025 · world median -0.0930.394-0.093No real change since 2015
Barbados: 0.394 · world median -0.093 · Regulatory Quality (−2.5 to 2.5). World Bank Group, 2025 edition, data for 2025.
Published values in that edition run from -2.106 to 2.113; higher is better.
Position 65th of 209 · derived.
Frontier Technology Readiness IndexUNCTAD · 2023 · world median 0.4850.6180.485No real change since 2013
Barbados: 0.618 · world median 0.485 · Frontier Technology Readiness Index (0–1). UN Trade and Development (UNCTAD), 2023 edition, data for 2023.
Published values in that edition run from 0 to 1; higher is better.
Position 58th of 170 · derived.
Informal Output (DGE Model Estimate)World Bank Group (Prospects Group) · 2020 · world median 27.523.8727.5▼ Worsened since 2010
Barbados: 23.87 · world median 27.5 · Informal output, model estimate (% of official GDP). World Bank Group (Prospects Group), 2020 edition, data for 2020.
Published values in that edition run from 7.91 to 60.43; lower is better.
Crop Production IndexFAO · 2022 · world median 106.23108.33106.23▼ Worsened since 2012
Barbados: 108.33 · world median 106.23 · Crop production index (2014–2016 = 100). Food and Agriculture Organization of the United Nations (FAO), 2022 edition, data for 2022.
Published values in that edition run from 53.79 to 189.93; higher is better.
Position 79th of 195 · derived.
Business Ready: Operational EfficiencyWorld Bank Group · 2024 · world median 65.8266.5565.82No earlier reading
Barbados: 66.55 · world median 65.82 · Operational efficiency score (0–100). World Bank Group, 2024 edition, data for 2024.
Published values in that edition run from 40.36 to 87.33; higher is better.
Position 22nd of 50 · derived.
Behind the world median13
Statistics on which Barbados does worse than the middle country measured.
Historical GDP per Capita (Maddison)GGDC · 2022 · world median 12,89011,54612,890▼ Worsened since 2012
Barbados: 11,546 · world median 12,890 · GDP per capita (2011 international $). Maddison Project, Groningen Growth and Development Centre (GGDC), 2022 edition, data for 2022.
Published values in that edition run from 596.39 to 149,171; higher is better.
Position 89th of 166 · derived.
Global Innovation IndexWorld Intellectual Property Organization · 2025 · world median 28.5225.1328.52▼ Worsened since 2024
Barbados: 25.13 · world median 28.52 · GII score (0–100). World Intellectual Property Organization, 2025 edition, data for 2025.
Published values in that edition run from 11.94 to 65.96; higher is better.
Ranked 84th of 139 by World Intellectual Property Organization.
Food Production IndexFAO · 2022 · world median 106.08102.71106.08▼ Worsened since 2012
Barbados: 102.71 · world median 106.08 · Food production index (2014–2016 = 100). Food and Agriculture Organization of the United Nations (FAO), 2022 edition, data for 2022.
Published values in that edition run from 71.08 to 177.49; higher is better.
Position 118th of 195 · derived.
Business Ready: Public ServicesWorld Bank Group · 2024 · world median 50.1346.450.13No earlier reading
Barbados: 46.4 · world median 50.13 · Public services score (0–100). World Bank Group, 2024 edition, data for 2024.
Published values in that edition run from 18.35 to 73.31; higher is better.
Position 31st of 50 · derived.
ICT Goods ExportsUNCTAD · 2024 · world median 0.9750.570.975▼ Worsened since 2014
Barbados: 0.57 · world median 0.975 · ICT goods exports (% of total goods exports). UN Trade and Development (UNCTAD), 2024 edition, data for 2024.
Published values in that edition run from 0 to 61.45; higher is better.
Position 74th of 119 · derived.
GDP GrowthWorld Bank Group · 2025 · world median 3.3962.73.396▲ Improved since 2015
Barbados: 2.7 · world median 3.396 · GDP growth (annual %). World Bank Group, 2025 edition, data for 2025.
Published values in that edition run from -5.847 to 19.34; higher is better.
Position 116th of 186 · derived.
Liner Shipping Connectivity IndexUNCTAD · 2026 · world median 56.2132.8756.21▼ Worsened since 2016
Barbados: 32.87 · world median 56.21 · LSCI (index, average Q1 2023 = 100). UN Trade and Development (UNCTAD), 2026 edition, data for 2026.
Published values in that edition run from 4.13 to 1,319; higher is better.
Ranked 108th of 175 by UNCTAD.
Firms Competing Against Informal FirmsWorld Bank Group · 2026 · world median 41.8152.741.81No earlier reading
Barbados: 52.7 · world median 41.81 · Firms competing against unregistered or informal firms (%). World Bank Group, 2026 edition, data for 2026.
Published values in that edition run from 1.926 to 90.5; lower is better.
Position 62nd of 181 · derived, 1st = worst.
Livestock Production IndexFAO · 2022 · world median 107.06100.84107.06▼ Worsened since 2012
Barbados: 100.84 · world median 107.06 · Livestock production index (2014–2016 = 100). Food and Agriculture Organization of the United Nations (FAO), 2022 edition, data for 2022.
Published values in that edition run from 35.52 to 190.08; higher is better.
Position 134th of 194 · derived.
Government AI Readiness IndexOxford Insights · 2025 · world median 40.1923.3340.19▼ Worsened since 2020
Barbados: 23.33 · world median 40.19 · AI readiness score (0–100). Oxford Insights, 2025 edition, data for 2025.
Published values in that edition run from 12.12 to 88.36; higher is better.
Ranked 155th of 195 by Oxford Insights.
Business Ready: Regulatory FrameworkWorld Bank Group · 2024 · world median 66.858.7766.8No earlier reading
Barbados: 58.77 · world median 66.8 · Regulatory framework score (0–100). World Bank Group, 2024 edition, data for 2024.
Published values in that edition run from 46.21 to 78.34; higher is better.
Position 40th of 50 · derived.
Firms with an International Quality CertificationWorld Bank Group · 2026 · world median 10.42.91710.4No earlier reading
Barbados: 2.917 · world median 10.4 · Firms with an internationally recognised quality certification (%). World Bank Group, 2026 edition, data for 2026.
Published values in that edition run from 0 to 45.77; higher is better.
Total Factor Productivity LevelGGDC · 2023 · world median 0.6270.3240.627▼ Worsened since 2013
Barbados: 0.324 · world median 0.627 · TFP level at current PPPs (USA = 1). Groningen Growth and Development Centre (GGDC), 2023 edition, data for 2023.
Published values in that edition run from 0.052 to 1.192; higher is better.
No better end15
These describe the shape of a country — more is not better or worse, only different — so they are never ahead or behind.
Price Level of Household ConsumptionGGDC · 2023 · world median 0.5231.5070.523Moved since 2013
Barbados: 1.507 · world median 0.523 · Price level of household consumption (US output price level in 2021 = 1). Groningen Growth and Development Centre (GGDC), 2023 edition, data for 2023.
Published values in that edition run from 0.177 to 65.54.
Tariff Rate, Applied, Weighted Mean, All ProductsWorld Bank Group · 2022 · world median 3.6614.583.66Moved since 2012
Barbados: 14.58 · world median 3.66 · Applied tariff rate, trade-weighted mean (%). World Bank Group, 2022 edition, data for 2022.
Published values in that edition run from 0 to 29.52.
Creative Goods ExportsUNCTAD · 2024 · world median 1.2353.1371.235Moved since 2014
Barbados: 3.137 · world median 1.235 · Creative goods exports (% of merchandise exports). UN Trade and Development (UNCTAD), 2024 edition, data for 2024.
Published values in that edition run from 0 to 37.23.
Services ExportsUNCTAD · 2025 · world median 9.60220.529.602Moved since 2015
Barbados: 20.52 · world median 9.602 · Services exports (% of GDP). UN Trade and Development (UNCTAD), 2025 edition, data for 2025.
Published values in that edition run from 0.085 to 166.21.
Tax Revenue (% of GDP)OECD · 2024 · world median 21.8530.7421.85Moved since 2014
Barbados: 30.74 · world median 21.85 · Total tax revenue, all levels of government (% of GDP). OECD, 2024 edition, data for 2024.
Published values in that edition run from 3.11 to 45.18.
Foreign Direct Investment InflowsUNCTAD · 2025 · world median 1.9683.4011.968Moved since 2015
Barbados: 3.401 · world median 1.968 · FDI inflows (% of GDP). UN Trade and Development (UNCTAD), 2025 edition, data for 2025.
Published values in that edition run from -32.97 to 2,221.
Statutory Minimum WageILO · 2024 · world median 657.95592.45657.95Moved since 2014
Barbados: 592.45 · world median 657.95 · Statutory minimum wage per month (2021 PPP $). International Labour Organization (ILO), 2024 edition, data for 2024.
Published values in that edition run from 4.038 to 3,804.
Commodity Export DependenceUNCTAD · 2024 · world median 67.1751.6667.17No real change since 2014
Barbados: 51.66 · world median 67.17 · Commodity exports (% of merchandise exports, three-year average). UN Trade and Development (UNCTAD), 2024 edition, data for 2024.
Published values in that edition run from 4.605 to 99.77.
Terms of Trade IndexUNCTAD · 2025 · world median 103.2397.91103.23Moved since 2015
Barbados: 97.91 · world median 103.23 · Terms of trade index (2015 = 100). UN Trade and Development (UNCTAD), 2025 edition, data for 2025.
Published values in that edition run from 38.2 to 1,448.
Inflation, GDP DeflatorWorld Bank Group · 2025 · world median 3.3062.7413.306Moved since 2015
Barbados: 2.741 · world median 3.306 · Annual change in the GDP implicit deflator (%). World Bank Group, 2025 edition, data for 2025.
Published values in that edition run from -7.93 to 227.09.
Total Natural Resources Rents (% of GDP)World Bank Group · 2021 · world median 1.7080.3281.708No real change since 2011
Barbados: 0.328 · world median 1.708 · Natural resources rents (% of GDP). World Bank Group, 2021 edition, data for 2021.
Published values in that edition run from 0 to 61.03.
Position 137th of 180 · derived, counted from the highest value.
Scholarly ArticlesOurResearch · 2025 · world median 2,2403532,240No real change since 2022
Barbados: 353 · world median 2,240 · Articles with at least one author at an institution in the country (full counting). OpenAlex (OurResearch), 2025 edition, data for 2025.
Published values in that edition run from 1 to 1,094,890.
Export Concentration IndexUNCTAD · 2025 · world median 0.3060.1940.306Moved since 2015
Barbados: 0.194 · world median 0.306 · Export concentration index (0–1, normalised Herfindahl–Hirschman). UN Trade and Development (UNCTAD), 2025 edition, data for 2025.
Published values in that edition run from 0.059 to 0.933.
Merchant Fleet by Country of OwnershipUNCTAD · 2026 · world median 275.739.484275.73No real change since 2016
Barbados: 9.484 · world median 275.73 · Merchant fleet owned (thousand dead-weight tons). UN Trade and Development (UNCTAD), 2026 edition, data for 2026.
Published values in that edition run from 0 to 397,071.
Statutory Corporate Income Tax RateOECD · 2026 · world median 24924Moved since 2016
Barbados: 9 · world median 24 · Combined statutory corporate income tax rate, central and sub-central government (%). OECD, 2026 edition, data for 2026.
Published values in that edition run from 0 to 36.13.
No current reading for Barbados
Account Ownership at a Financial Institution, Actual Individual Consumption per Capita (PPP) (last 2017), Adjusted Net Savings (last 2017), Agriculture, Forestry and Fishing Value Added (% of GDP) (last 2024), Average Monthly Earnings of Employees (last 2016), Complexity Outlook Index, Comprehensive Wealth per Capita, Container Port Traffic (last 2023), Creative Services Exports (last 2015), Debt Service on External Debt, Digitally-Deliverable Services Exports (last 2020), Economic Complexity Index, Exports of Goods and Services (% of GDP), External Debt Stocks (% of GNI), Foreign Value Added Share of Gross Exports, General Government Consumption, Gini Index (last 2016), Gini Index of Disposable Income (SWIID) (last 2017), GNI per Capita (PPP) (last 2021), Gross Capital Formation (% of GDP), Gross Savings (% of GDP), Household Consumption, ICT Services Exports (last 2020), Imports of Goods and Services (% of GDP), Income Share Held by Lowest 20% (last 2016), Income Share Held by Richest 10% (last 2016), Industry Value Added including Construction (% of GDP) (last 2024), Interest Payments on External Debt, Logistics Performance Index, Manufacturing Value Added (% of GDP) (last 2024), New Business Density, Palma Ratio (last 2016), Research and Development Spending, Researchers per Million Inhabitants, Trade (% of GDP) and World Energy Trilemma Index. Listed rather than hidden, so the page can be checked against it.
“Position · derived” is this site’s ordering of the published values, 1st = best unless the row says otherwise; the publisher ranks no country on it. Rank, position and standing
05Country Index 2026
Economy & Innovation among Barbados’s 16 topics
Economy & Innovation is Barbados’s 12th best-placed topic of 16. Strongest first, each marker at its share of that topic’s field.
- Peace & Securityjoint 7th of 1772/4 keys
- Risk & Resilience30th of 1933/4 keys
- Democracy & Civil Libertiesjoint 38th of 1984/4 keys
- Governance & Institutions45th of 1944/4 keys
- Work & Labourjoint 54th of 1824/4 keys
- Food & Agriculture58th of 1844/4 keys
- Health & Wellbeing78th of 2002/4 keys
- Development & Human Capital79th of 1963/3 keys
- Gender & Equality82nd of 1833/4 keys
- Poverty & Inequality76th of 1592/3 keys
- Education & Knowledge107th of 1984/4 keys
- Economy & Innovation96th of 1762/4 keys
- Mobility & Tradejoint 128th of 1773/4 keys
- Energy130th of 1652/3 keys
- Digital & Technology157th of 1983/4 keys
- Environment & Sustainability174th of 1863/4 keys
06The top of the list
Who leads on economy & innovation
The three countries placed highest of 176, and the leaders Barbados can most readily be measured against.
1Austria
Western Europe
1st of 176 · 4 of 4 keys
Photo: chensiyuan · CC BY-SA 4.0, greyscale
2Japan
Eastern Asia
2nd of 176 · 4 of 4 keys
Photo: JurriaanH · CC BY-SA 3.0, greyscale
3Germany
Western Europe
3rd of 176 · 4 of 4 keys
Placed highest nearby
Highest in Americas
Canada18th4/4 keys
Highest in Caribbean
Saint Lucia34th2/4 keys
This page
Barbados96th2/4 keys
Positions out of 176 placed on the topic. A country needs readings on enough keys to be placed, and the top of the list is often held on fewer of them.
07Analysis
Charts and analysis about Barbados and economy & innovation

On economy & innovation
China Leads Global High-Technology Exports
The world’s ten largest high-technology exporters as a treemap, with the rest of the world beside them. Each country’s figure is its own most recent year, between 2022 and 2024.

On economy & innovation
India vs Pakistan 2025: Comparison of Hunger Index, Happiness, HDI, Rule of Law, Literacy & GDP
India and Pakistan on six published measures: hunger, happiness, human development, rule of law, literacy and GDP per capita, each from its own publisher and year.

On economy & innovation
Countries in Asia with the highest average salaries 2024
Thirteen Asian countries by gross average monthly wage, each carrying its WORLD rank rather than an Asian one — so the numbers skip, from 11th place to 45th.
08Questions
Barbados on economy & innovation: questions answered
Every answer is built from the numbers on this page, so none can say something the page does not.
How does Barbados rank on economy & innovation?
Barbados is placed 96th of 176 countries on Economy & Innovation in the Country Index 2026, from 2 of its 4 key statistics (GDP per Capita (PPP) and Firms with a Bank Loan or Line of Credit). The position is this site’s ordering of published statistics, not a rank any publisher printed.
What is the latest GDP per Capita (PPP) figure for Barbados?
22,127 in 2025 (gDP per capita (constant 2021 international $, PPP)), according to World Bank Group. The world median in the same edition was 17,265.
What is the latest Firms with a Bank Loan or Line of Credit figure for Barbados?
26.93 in 2025 (firms with a bank loan or line of credit (%)), according to World Bank Group. The world median in the same edition was 35.95.
How have Barbados’s economy & innovation figures changed?
GDP per Capita (PPP) rose from 21,316 in 2000 to 22,127 in 2025.
Which economy & innovation statistics are missing for Barbados?
No current reading is published for Barbados on Account Ownership at a Financial Institution, Actual Individual Consumption per Capita (PPP), Adjusted Net Savings, Agriculture, Forestry and Fishing Value Added (% of GDP), Average Monthly Earnings of Employees, Complexity Outlook Index, Comprehensive Wealth per Capita, Container Port Traffic, Creative Services Exports, Debt Service on External Debt, Digitally-Deliverable Services Exports, Economic Complexity Index, Exports of Goods and Services (% of GDP), External Debt Stocks (% of GNI), Foreign Value Added Share of Gross Exports, General Government Consumption, Gini Index, Gini Index of Disposable Income (SWIID), GNI per Capita (PPP), Gross Capital Formation (% of GDP), Gross Savings (% of GDP), Household Consumption, ICT Services Exports, Imports of Goods and Services (% of GDP), Income Share Held by Lowest 20%, Income Share Held by Richest 10%, Industry Value Added including Construction (% of GDP), Interest Payments on External Debt, Logistics Performance Index, Manufacturing Value Added (% of GDP), New Business Density, Palma Ratio, Research and Development Spending, Researchers per Million Inhabitants, Trade (% of GDP) and World Energy Trilemma Index. They are listed rather than hidden, so the evidence on the page can be checked against it.
09Method
Method, sources and how to cite
What this topic does not measure
The total size of an economy is deliberately left out: a very large economy spread over a very large population is not doing more for each person. Growth rates, trade shares and the structure of output (how much is farming, industry or services) are published here as context, because they describe an economy's shape rather than how well it serves people. Jobs and wages have their own topic, Work & Labour.
How the Economy & Innovation standing is decided
A standing is this site’s ordering, named with its edition — never a publisher’s rank. 4 key statistics vote, one vote each; every country’s published value becomes a place within that key’s own field, the places are averaged, and the average is never published. A country needs 2 of the 4 keys to be placed.
The economy & innovation method, step by stepHow every standing on this site is built
The key statistics and their licences
- GDP per Capita (PPP) — World Bank Group, CC BY 4.0
- Firms with a Bank Loan or Line of Credit — World Bank Group, CC BY 4.0
- Economic Complexity Index — Growth Lab at Harvard University, CC0 1.0
- Account Ownership at a Financial Institution — World Bank Group, CC BY 4.0
The other 36 statistics on this page come from 11 publishers, each named beside its numbers, with every edition and licence on the datasets pages.
The standing itself is part of the Country Index 2026, published under CC BY-SA 4.0.
Photographs
Barbados’s banner and the countries placed highest, from their profiles: Wikimedia Commons, shown in greyscale, each used under the licence named.
- Barbados (banner) — Berit Watkin , derivative work (crop) by Globe-trotter, CC BY 2.0
- Austria — chensiyuan, CC BY-SA 4.0
- Japan — JurriaanH, CC BY-SA 3.0
- Germany — dronepicr, CC BY 2.0
Cite this page
Nations Inquiry (2026). Barbados: Economy & Innovation — standing and statistics, Country Index 2026. https://nationsinquiry.com/countries/barbados/economy