Natural resource rents in Barbados
Barbados: Natural resource rents was 0.3284 in 2021. ◆ Volatile
Latest (2021)
0.3284
Change on year
up 137.4%
World rank
144th
of 211 countries
All-time high
0.8804
in 1979
All-time low
0.0967
in 2016
Years of data
48
1974–2021
Natural resource rents in Barbados, 1974–2021
Source: Our World in Data.
Analysis
In 2021, natural resource rents in Barbados stood at 0.3284.
Compared with earlier readings it is up 137.4% on the previous year and down 31.3% over ten years.
Over the whole period, natural resource rents in Barbados peaked at 0.8804 in 1979 and was at its lowest, 0.0967, in 2016.
That places Barbados 144th out of 211 countries with data for 2021, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Natural resource rents in Barbados, year by year
| Year | Value | Change |
|---|---|---|
| 1974 | 0.3504 | — |
| 1975 | 0.3341 | -4.6% |
| 1976 | 0.3968 | +18.7% |
| 1977 | 0.3464 | -12.7% |
| 1978 | 0.3895 | +12.4% |
| 1979 | 0.8804 | +126.1% |
| 1980 | 0.7902 | -10.2% |
| 1981 | 0.4269 | -46.0% |
| 1982 | 0.2969 | -30.5% |
| 1983 | 0.5421 | +82.6% |
| 1984 | 0.8053 | +48.5% |
| 1985 | 0.784 | -2.6% |
| 1986 | 0.2578 | -67.1% |
| 1987 | 0.3314 | +28.5% |
| 1988 | 0.2025 | -38.9% |
| 1989 | 0.2651 | +30.9% |
| 1990 | 0.4202 | +58.5% |
| 1991 | 0.2303 | -45.2% |
| 1992 | 0.2751 | +19.5% |
| 1993 | 0.2491 | -9.4% |
| 1994 | 0.2238 | -10.2% |
| 1995 | 0.2587 | +15.6% |
| 1996 | 0.2307 | -10.8% |
| 1997 | 0.1767 | -23.4% |
| 1998 | 0.1444 | -18.3% |
| 1999 | 0.2728 | +89.0% |
| 2000 | 0.3807 | +39.6% |
| 2001 | 0.2463 | -35.3% |
| 2002 | 0.2435 | -1.1% |
| 2003 | 0.2245 | -7.8% |
| 2004 | 0.2393 | +6.6% |
| 2005 | 0.3566 | +49.1% |
| 2006 | 0.3976 | +11.5% |
| 2007 | 0.3549 | -10.7% |
| 2008 | 0.4007 | +12.9% |
| 2009 | 0.2178 | -45.7% |
| 2010 | 0.2971 | +36.5% |
| 2011 | 0.4783 | +61.0% |
| 2012 | 0.455 | -4.9% |
| 2013 | 0.3838 | -15.7% |
| 2014 | 0.3278 | -14.6% |
| 2015 | 0.1292 | -60.6% |
| 2016 | 0.0967 | -25.2% |
| 2017 | 0.1323 | +36.8% |
| 2018 | 0.2141 | +61.8% |
| 2019 | 0.2305 | +7.7% |
| 2020 | 0.1383 | -40.0% |
| 2021 | 0.3284 | +137.4% |
Barbados compared with similar countries
- Barbados's 0.3284 is above the median for high income countries, which is 0.1193, 2.8× the median. (82 countries reporting)
- Barbados's 0.3284 is below the median for Latin America & Caribbean, which is 0.6644, 49% of the median. (40 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.4496 | 0.3341 | 0.8804 | 6 |
| 1980s | 0.4702 | 0.2025 | 0.8053 | 10 |
| 1990s | 0.2482 | 0.1444 | 0.4202 | 10 |
| 2000s | 0.3062 | 0.2178 | 0.4007 | 10 |
| 2010s | 0.2745 | 0.0967 | 0.4783 | 10 |
| 2020s | 0.2334 | 0.1383 | 0.3284 | 2 |
Countries ranked near Barbados
More reference data data for Barbados
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0268 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0217 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.0558 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.0558 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.09 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.0377 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.118 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0.2758 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.0001 (2050)
Frequently asked questions
- What is natural resource rents in Barbados?
- Natural resource rents in Barbados was 0.3284 in 2021, according to Our World in Data.
- What is the highest natural resource rents recorded in Barbados?
- The highest recorded value was 0.8804 in 1979.
- What is the lowest natural resource rents recorded in Barbados?
- The lowest recorded value was 0.0967 in 2016.
- How does Barbados rank for natural resource rents?
- Barbados ranks 144th out of 211 countries with data for 2021.
- Is natural resource rents rising or falling in Barbados?
- Over the last ten years it is down 31.3%. The long-run trend across the full record is volatile.
- Where does this Barbados data come from?
- The figures come from Our World in Data, published as part of Natural resource rents. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 48 observations, free to reuse under CC BY 4.0 (Our World in Data).