Total natural resource rents in Barbados
Barbados: Total natural resource rents was 0.3% in 2021. ◆ Volatile
Total natural resource rents in Barbados, 1974–2021
Source: The Changing Wealth of Nations, World Bank staff estimates, via World Bank (2026) – processed by Our World in Data. Measured in % of GDP.
Analysis
In 2021, total natural resource rents in Barbados stood at 0.3%.
Compared with earlier readings it is up 137.4% on the previous year and down 31.3% over ten years.
Over the whole period, total natural resource rents in Barbados peaked at 0.9% in 1979 and was at its lowest, 0.1%, 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.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.4% | 0.3% | 0.9% | 6 |
| 1980s | 0.5% | 0.2% | 0.8% | 10 |
| 1990s | 0.2% | 0.1% | 0.4% | 10 |
| 2000s | 0.3% | 0.2% | 0.4% | 10 |
| 2010s | 0.3% | 0.1% | 0.5% | 10 |
| 2020s | 0.2% | 0.1% | 0.3% | 2 |
Countries ranked near Barbados
More reference data data for Barbados
- Universal right to vote in practice 2 (2025)
- Civil liberties rating 1 (2025)
- Democracy 7 (2025)
- Men's universal right to vote 1 (2025)
- Chief executive of the government is elected 1 (2025)
- Free country 2 (2025)
- Competitive elections 1 (2025)
- Elected parliament 1 (2025)
- Consumer price index 146.53 2010 = 100 (2025)
- Universal right to vote 2 (2025)
Frequently asked questions
- What is total natural resource rents in Barbados?
- Total natural resource rents in Barbados was 0.3% in 2021, according to The Changing Wealth of Nations, World Bank staff estimates, via World Bank (2026) – processed by Our World in Data.
- What is the highest total natural resource rents recorded in Barbados?
- The highest recorded value was 0.9% in 1979.
- What is the lowest total natural resource rents recorded in Barbados?
- The lowest recorded value was 0.1% in 2016.
- How does Barbados rank for total natural resource rents?
- Barbados ranks 144th out of 211 countries with data for 2021.
- Is total 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 The Changing Wealth of Nations, World Bank staff estimates, via World Bank (2026) – processed by Our World in Data, published as part of Total natural resource rents. Statizoid updates them automatically from the source API.
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About this data
Natural resources rents are estimated as the difference between the price of a commodity and the average cost of producing it. Total natural resources rents are the sum of oil rents, natural gas rents, coal rents, mineral rents, and forest rents.