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GOAL 8: Decent Work and Economic Growth in Barbados

Barbados: GOAL 8: Decent Work and Economic Growth was 0.5 5 year moving average in 2023. ▲ Rising

Latest (2023)
0.5 5 year moving average
Change on year
down 10.1%
World rank
162nd
of 215 countries
All-time high
0.556 5 year moving average
in 2022
All-time low
0.25 5 year moving average
in 2011
Years of data
20
2004–2023

GOAL 8: Decent Work and Economic Growth in Barbados, 2004–2023

00.20.40.62004201320232004: 0.333 5 year moving average2005: 0.3 5 year moving average2006: 0.3 5 year moving average2007: 0.3 5 year moving average2008: 0.273 5 year moving average2009: 0.273 5 year moving average2010: 0.273 5 year moving average2011: 0.25 5 year moving average2012: 0.333 5 year moving average2013: 0.333 5 year moving average2014: 0.333 5 year moving average2015: 0.333 5 year moving average2016: 0.417 5 year moving average2017: 0.333 5 year moving average2018: 0.333 5 year moving average2019: 0.385 5 year moving average2020: 0.462 5 year moving average2021: 0.5 5 year moving average2022: 0.556 5 year moving average2023: 0.5 5 year moving average

Source: Statistical Performance Indicators, The World Bank (https://datacatalog.worldbank.org/dataset/statistical-performance-indicators). Measured in 5 year moving average.

Analysis

In 2023, goal 8: decent work and economic growth in Barbados stood at 0.5 5 year moving average.

Compared with earlier readings it is down 10.1% on the previous year and up 50.2% over ten years.

Over the whole period, goal 8: decent work and economic growth in Barbados peaked at 0.556 5 year moving average in 2022 and was at its lowest, 0.25 5 year moving average, in 2011.

That places Barbados 162nd out of 215 countries with data for 2023, putting it in the bottom quarter.

The long-run direction has been consistently rising across the 20 years of available data.

GOAL 8: Decent Work and Economic Growth in Barbados, year by year

Year 5 year moving average Change
2004 0.333 5 year moving average —
2005 0.3 5 year moving average -9.9%
2006 0.3 5 year moving average +0.0%
2007 0.3 5 year moving average +0.0%
2008 0.273 5 year moving average -9.0%
2009 0.273 5 year moving average +0.0%
2010 0.273 5 year moving average +0.0%
2011 0.25 5 year moving average -8.4%
2012 0.333 5 year moving average +33.2%
2013 0.333 5 year moving average +0.0%
2014 0.333 5 year moving average +0.0%
2015 0.333 5 year moving average +0.0%
2016 0.417 5 year moving average +25.2%
2017 0.333 5 year moving average -20.1%
2018 0.333 5 year moving average +0.0%
2019 0.385 5 year moving average +15.6%
2020 0.462 5 year moving average +20.0%
2021 0.5 5 year moving average +8.2%
2022 0.556 5 year moving average +11.2%
2023 0.5 5 year moving average -10.1%

Barbados compared with similar countries

  • Barbados's 0.5 5 year moving average is below the median for high income countries, which is 0.75 5 year moving average, 67% of the median. (85 countries reporting)
  • Barbados's 0.5 5 year moving average is below the median for Latin America & Caribbean, which is 0.75 5 year moving average, 67% of the median. (42 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.2965 5 year moving average 0.273 5 year moving average 0.333 5 year moving average 6
2010s 0.3323 5 year moving average 0.25 5 year moving average 0.417 5 year moving average 10
2020s 0.5045 5 year moving average 0.462 5 year moving average 0.556 5 year moving average 4

Countries ranked near Barbados

  1. 162 Antigua and Barbuda 0.5 5 year moving average compare
  2. 162 Curacao 0.5 5 year moving average compare
  3. 162 Djibouti 0.5 5 year moving average compare
  4. 162 Dominica 0.5 5 year moving average compare
  5. 162 Equatorial Guinea 0.5 5 year moving average compare
  6. 162 Fiji 0.5 5 year moving average compare
  7. 162 Gabon 0.5 5 year moving average compare
  8. 162 Guinea-Bissau 0.5 5 year moving average compare
  9. 162 Haiti 0.5 5 year moving average compare
  10. 162 Libya 0.5 5 year moving average compare
  11. 162 Macao 0.5 5 year moving average compare
  12. 162 Micronesia (country) 0.5 5 year moving average compare
  13. 162 New Caledonia 0.5 5 year moving average compare
  14. 162 Oman 0.5 5 year moving average compare
  15. 162 Qatar 0.5 5 year moving average compare
  16. 162 Samoa 0.5 5 year moving average compare
  17. 162 San Marino 0.5 5 year moving average compare
  18. 162 Sao Tome and Principe 0.5 5 year moving average compare
  19. 162 Sierra Leone 0.5 5 year moving average compare
  20. 162 Solomon Islands 0.5 5 year moving average compare
  21. 162 Saint Vincent and the Grenadines 0.5 5 year moving average compare
  22. 162 Suriname 0.5 5 year moving average compare
  23. 162 Yemen 0.5 5 year moving average compare

See the full ranking of 215 places →

More reference data data for Barbados

All data for Barbados →

Frequently asked questions

What is goal 8: decent work and economic growth in Barbados?
Goal 8: decent work and economic growth in Barbados was 0.5 5 year moving average in 2023, according to Statistical Performance Indicators, The World Bank (https://datacatalog.worldbank.org/dataset/statistical-performance-indicators).
What is the highest goal 8: decent work and economic growth recorded in Barbados?
The highest recorded value was 0.556 5 year moving average in 2022.
What is the lowest goal 8: decent work and economic growth recorded in Barbados?
The lowest recorded value was 0.25 5 year moving average in 2011.
How does Barbados rank for goal 8: decent work and economic growth?
Barbados ranks 162nd out of 215 countries with data for 2023.
Is goal 8: decent work and economic growth rising or falling in Barbados?
Over the last ten years it is up 50.2%. The long-run trend across the full record is rising.
Where does this Barbados data come from?
The figures come from Statistical Performance Indicators, The World Bank (https://datacatalog.worldbank.org/dataset/statistical-performance-indicators), published as part of GOAL 8: Decent Work and Economic Growth (5 year moving average). Statizoid updates them automatically from the source API.

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GOAL 8: Decent Work and Economic Growth in Barbados. Statizoid, drawing on Statistical Performance Indicators, The World Bank (https://datacatalog.worldbank.org/dataset/statistical-performance-indicators). Retrieved 29 September 2026, from https://reference.statizoid.com/stat/goal-8-decent-work-and-economic-growth-5-year-moving-average/barbados/

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About this data

Indicator
GOAL 8: Decent Work and Economic Growth (5 year moving average)
Unit
5 year moving average
Source
Statistical Performance Indicators, The World Bank (https://datacatalog.worldbank.org/dataset/statistical-performance-indicators)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
215 places, 4,300 data points, 2004–2023
Last refreshed

SDG Goal 8 data availability. Source: UN Global SDG Indicators Database