Barbados - Manufacturing

Manufacturing, value added (current US$)

The latest value for Manufacturing, value added (current US$) in Barbados was $267,950,000 as of 2005. Over the past 30 years, the value for this indicator has fluctuated between $267,950,000 in 2005 and $35,592,300 in 1975.

Definition: Manufacturing refers to industries belonging to ISIC divisions 15-37. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1975 $35,592,300
1976 $42,316,100
1977 $51,136,640
1978 $55,884,250
1979 $67,767,110
1980 $91,234,530
1981 $94,317,110
1982 $102,222,400
1983 $118,679,500
1984 $131,308,100
1985 $115,298,600
1986 $114,005,900
1987 $111,171,900
1988 $119,425,200
1989 $115,994,600
1990 $209,516,200
1991 $197,832,200
1992 $172,450,000
1993 $172,724,100
1994 $169,492,400
1995 $177,099,400
1996 $186,595,700
1997 $199,025,500
1998 $222,443,200
1999 $225,227,500
2000 $236,900,000
2001 $238,050,000
2002 $234,100,000
2003 $259,650,000
2004 $267,650,000
2005 $267,950,000

Manufacturing, value added (current LCU)

The value for Manufacturing, value added (current LCU) in Barbados was 535,900,000 as of 2005. As the graph below shows, over the past 30 years this indicator reached a maximum value of 535,900,000 in 2005 and a minimum value of 71,900,000 in 1975.

Definition: Manufacturing refers to industries belonging to ISIC divisions 15-37. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1975 71,900,000
1976 84,793,000
1977 102,621,000
1978 112,400,000
1979 136,300,000
1980 183,500,000
1981 189,700,000
1982 205,600,000
1983 238,700,000
1984 264,100,000
1985 231,900,000
1986 229,300,000
1987 223,600,000
1988 240,200,000
1989 233,300,000
1990 421,400,000
1991 397,900,000
1992 344,900,000
1993 347,400,000
1994 340,900,000
1995 356,200,000
1996 375,300,000
1997 400,300,000
1998 447,400,000
1999 453,000,000
2000 473,800,000
2001 476,100,000
2002 468,200,000
2003 519,300,000
2004 535,300,000
2005 535,900,000

Manufacturing, value added (annual % growth)

The value for Manufacturing, value added (annual % growth) in Barbados was -3.39 as of 2019. As the graph below shows, over the past 43 years this indicator reached a maximum value of 16.91 in 1976 and a minimum value of -19.38 in 1998.

Definition: Annual growth rate for manufacturing value added based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Manufacturing refers to industries belonging to ISIC divisions 15-37. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1976 16.91
1977 3.17
1978 9.15
1979 1.72
1980 2.20
1981 -3.61
1982 -5.36
1983 2.54
1984 1.92
1985 -9.51
1986 5.13
1987 -6.63
1988 6.72
1989 5.37
1990 -2.66
1991 -4.66
1992 -7.40
1993 1.16
1994 -1.40
1995 5.17
1996 6.39
1997 4.85
1998 -19.38
1999 -5.33
2000 -2.45
2001 -9.76
2002 0.98
2003 -1.62
2004 2.15
2005 2.10
2006 8.37
2007 -4.03
2008 -0.30
2009 -16.01
2010 -7.35
2011 -0.61
2012 -4.03
2013 -2.68
2014 -4.33
2015 4.79
2016 -1.26
2017 1.58
2018 0.52
2019 -3.39

Manufacturing, value added (constant LCU)

The value for Manufacturing, value added (constant LCU) in Barbados was 478,600,000 as of 2019. As the graph below shows, over the past 44 years this indicator reached a maximum value of 981,707,300 in 1980 and a minimum value of 468,883,700 in 2014.

Definition: Manufacturing refers to industries belonging to ISIC divisions 15-37. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1975 717,345,000
1976 838,640,000
1977 865,236,700
1978 944,364,200
1979 960,577,000
1980 981,707,300
1981 946,258,800
1982 895,529,400
1983 918,305,900
1984 935,905,900
1985 846,870,600
1986 890,353,000
1987 831,341,200
1988 887,247,000
1989 934,870,600
1990 910,023,600
1991 867,576,500
1992 803,388,200
1993 812,705,900
1994 801,317,600
1995 842,729,400
1996 896,564,700
1997 940,047,100
1998 757,835,300
1999 717,458,800
2000 699,858,800
2001 631,529,400
2002 637,741,200
2003 627,388,200
2004 640,847,100
2005 654,305,900
2006 709,095,800
2007 680,518,600
2008 678,504,900
2009 569,860,800
2010 527,980,200
2011 524,777,300
2012 503,624,300
2013 490,118,800
2014 468,883,700
2015 491,348,900
2016 485,161,100
2017 492,830,200
2018 495,387,700
2019 478,600,000

Manufacturing, value added (% of GDP)

Manufacturing, value added (% of GDP) in Barbados was 7.02 as of 2005. Its highest value over the past 30 years was 10.41 in 1990, while its lowest value was 5.78 in 1989.

Definition: Manufacturing refers to industries belonging to ISIC divisions 15-37. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Note: For VAB countries, gross value added at factor cost is used as the denominator.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1975 8.85
1976 9.71
1977 10.33
1978 10.11
1979 10.11
1980 9.01
1981 8.46
1982 8.78
1983 9.60
1984 9.75
1985 8.18
1986 7.37
1987 6.52
1988 6.59
1989 5.78
1990 10.41
1991 9.79
1992 8.81
1993 8.37
1994 7.88
1995 7.99
1996 7.89
1997 7.97
1998 7.90
1999 7.63
2000 7.74
2001 7.79
2002 7.54
2003 8.09
2004 7.77
2005 7.02

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts