The table and the chart further down show the percent of GDP produced in the three sectors of the economy - industry, services, and agriculture - in Barbados and, for comparison, in the Americas and the world. These are averages over the last five years ending in 2016, the latest year with available data for many countries. Despite being slightly dated, however, the numbers are relevant as the sectoral composition of the economy changes very slowly over time. The data used in these calculations are available for download.

The industry sector comprises value added in mining, manufacturing, construction, electricity, water, and gas. The services include wholesale and retail trade including hotels and restaurants, transport, government, financial, professional, and personal services such as education, health care, and real estate services. The agriculture sector includes forestry, hunting, and fishing, as well as the cultivation of crops and livestock production.

The data for Barbados show the following: 0 percent of GDP is produced in the industrial sector, 100 percent in the services sector, and 0 percent in the agriculture sector. In the Americas, these values are: 23 percent for the industrial sectors, 100 percent for the service sector, and 0 percent for the agriculture sector.

Economic sectors Percent of GDP in Barbados Percent of GDP in the Americas Percent of GDP for the world
Industry 0 23 28.36
Services 100 74.83 67.15
Agriculture 0 2.17 4.49

The chart provides further information on the evolution of the sectoral composition of the economy. It shows the value added of industry, services, and agriculture as percent of GDP over time. The historical data for Barbados are available from 1990 to 2005.

See a complete list of sectoral composition by country.
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