Wage bill as a percentage of GDP in Barbados
Barbados: Wage bill as a percentage of GDP was 8.2% in 2022. βΌ Falling
Wage bill as a percentage of GDP in Barbados, 2000β2022
Source: World Bank.
Analysis
The most recent figure for wage bill as a percentage of gdp in Barbados is 8.2%, measured in 2022.
Compared with earlier readings it is down 4.6% on the previous year and down 14.3% over ten years.
Over the whole period, wage bill as a percentage of gdp in Barbados peaked at 11.0% in 2002 and was at its lowest, 7.6%, in 2019.
That places Barbados 93rd out of 190 countries with data for 2022, putting it in the middle of the range.
The long-run direction has been consistently falling across the 23 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 9.5% | 8.3% | 11.0% | 10 |
| 2010s | 8.6% | 7.6% | 9.6% | 10 |
| 2020s | 8.5% | 8.2% | 8.6% | 3 |
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 wage bill as a percentage of gdp in Barbados?
- Wage bill as a percentage of gdp in Barbados was 8.2% in 2022, according to the World Bank.
- What is the highest wage bill as a percentage of gdp recorded in Barbados?
- The highest recorded value was 11.0% in 2002.
- What is the lowest wage bill as a percentage of gdp recorded in Barbados?
- The lowest recorded value was 7.6% in 2019.
- How does Barbados rank for wage bill as a percentage of gdp?
- Barbados ranks 93rd out of 190 countries with data for 2022.
- Is wage bill as a percentage of gdp rising or falling in Barbados?
- Over the last ten years it is down 14.3%. The long-run trend across the full record is falling.
- Where does this Barbados data come from?
- The figures come from the World Bank, published as part of Wage bill as a percentage of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 23 observations, free to reuse under CC BY 4.0 (World Bank Open Data).