Annual inflation, consumer prices in Barbados
Barbados: Annual inflation, consumer prices was -0.4% in 2024. ◆ Volatile
Annual inflation, consumer prices in Barbados, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
The most recent figure for annual inflation, consumer prices in Barbados is -0.4%, measured in 2024.
Compared with earlier readings it is down 104.5% on the previous year and down 124.9% over ten years.
Over the whole period, annual inflation, consumer prices in Barbados peaked at 9.8% in 2023 and was at its lowest, -1.1%, in 2015.
Barbados ranks 200th of 203 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual inflation, consumer prices in Barbados, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 2.4% | — |
| 2001 | 2.6% | +5.8% |
| 2002 | 0.1% | -95.1% |
| 2003 | 1.6% | +1193.0% |
| 2004 | 1.4% | -13.9% |
| 2005 | 6.1% | +336.2% |
| 2006 | 7.3% | +20.1% |
| 2007 | 4.0% | -44.8% |
| 2008 | 8.1% | +101.0% |
| 2009 | 3.6% | -55.1% |
| 2010 | 5.8% | +59.8% |
| 2011 | 9.4% | +61.9% |
| 2012 | 4.5% | -51.9% |
| 2013 | 1.8% | -60.0% |
| 2014 | 1.8% | -2.5% |
| 2015 | -1.1% | -162.9% |
| 2016 | 1.3% | -215.2% |
| 2017 | 4.7% | +263.5% |
| 2018 | 3.7% | -21.2% |
| 2019 | 4.1% | +11.6% |
| 2023 | 9.8% | +138.8% |
| 2024 | -0.4% | -104.5% |
Barbados compared with similar countries
- Barbados's -0.4% is below the median for high income countries, which is 2.4%. (64 countries reporting)
- Barbados's -0.4% is below the median for Latin America & Caribbean, which is 3.3%. (34 countries reporting)
Biggest year-on-year movements
Years where Annual inflation, consumer prices in Barbados changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2003 | +1193.0% | 0.1% | 1.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.7% | 0.1% | 8.1% | 10 |
| 2010s | 3.6% | -1.1% | 9.4% | 10 |
| 2020s | 4.7% | -0.4% | 9.8% | 2 |
Countries ranked near Barbados
- 198 Costa Rica -0.4% compare
- 199 Sri Lanka -0.4% compare
- 201 Cayman Islands -0.6% compare
- 202 Afghanistan -6.6% compare
- 203 Iraq -12.3% compare
More development goals data for Barbados
- Red List Index 0.7762 index (2025)
- Number of refugees per 100,000 population, by country of origin 130.75 per 100,000 people (2025)
- Manufacturing value added per capita 1,176 constant US$ (2025)
- Number of transboundary breeds 23 (2025)
- Number of transboundary breeds (not extinct) 21 (2025)
- Number of transboundary breeds with unknown risk status 21 (2025)
- Number of local breeds with unknown risk status 6 (2025)
- Number of local breeds (not extinct) 6 (2025)
- Number of local breeds kept in the country 6 (2025)
- Infant deaths 28 (2024)
Frequently asked questions
- What is annual inflation, consumer prices in Barbados?
- Annual inflation, consumer prices in Barbados was -0.4% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual inflation, consumer prices recorded in Barbados?
- The highest recorded value was 9.8% in 2023.
- What is the lowest annual inflation, consumer prices recorded in Barbados?
- The lowest recorded value was -1.1% in 2015.
- How does Barbados rank for annual inflation, consumer prices?
- Barbados ranks 200th out of 203 countries with data for 2024.
- Is annual inflation, consumer prices rising or falling in Barbados?
- Over the last ten years it is down 124.9%. The long-run trend across the full record is volatile.
- Where does this Barbados data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual inflation, consumer prices (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 22 observations, free to reuse under UN SDG Global Database (open, attribution requested).