Barbados: Capital investment, percent of GDP

* indicates monthly or quarterly data series

Capital investment as percent of GDP

 Latest value 17.07
 Year 2022
 Measure percent
 Data availability 1975 - 2022
 Average 16.90
 Min - Max 7.03 - 27.01
 Source The World Bank
For that indicator, we provide data for Barbados from 1975 to 2022. The average value for Barbados during that period was 16.9 percent with a minimum of 7.03 percent in 1992 and a maximum of 27.01 percent in 1976. The latest value from 2022 is 17.07 percent. For comparison, the world average in 2022 based on 142 countries is 24.55 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series

Recent values chart
Barbados - Capital investment, percent of GDP - Recent values chart

Historical chart
Barbados - Capital investment, percent of GDP - historical chart - 1975-2022

The capital investment in Barbados and other countries is calculated as the purchases of new plant and equipment by firms, as percent of GDP. A high number is good for long-term economic growth as current investment leads to greater future production.
Definition: Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.

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 Related indicators Latest value Reference Measure
 Capital investment, percent of GDP 17.07 2022 percent
 Capital investment, in dollars 0.97 2022 billion U.S. dollars
 Household consumption, percent of GDP 76.48 2022 percent
 Household consumption, in dollars 4.36 2022 billion U.S. dollars
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