Barbados Inflation Rate 1967-2024
Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
- Barbados inflation rate for 2023 was 9.79%, a 5.69% increase from 2019.
- Barbados inflation rate for 2019 was 4.10%, a 0.43% increase from 2018.
- Barbados inflation rate for 2018 was 3.67%, a 0.99% decline from 2017.
- Barbados inflation rate for 2017 was 4.66%, a 3.38% increase from 2016.
| Barbados Inflation Rate - Historical Data |
| Year |
Inflation Rate (%) |
Annual Change |
| 2023 |
9.79% |
5.69% |
| 2019 |
4.10% |
0.43% |
| 2018 |
3.67% |
-0.99% |
| 2017 |
4.66% |
3.38% |
| 2016 |
1.28% |
2.39% |
| 2015 |
-1.11% |
-2.88% |
| 2014 |
1.77% |
-0.04% |
| 2013 |
1.81% |
-2.72% |
| 2012 |
4.53% |
-4.90% |
| 2011 |
9.43% |
3.61% |
| 2010 |
5.82% |
2.18% |
| 2009 |
3.64% |
-4.46% |
| 2008 |
8.11% |
4.07% |
| 2007 |
4.03% |
-3.27% |
| 2006 |
7.31% |
1.23% |
| 2005 |
6.08% |
4.69% |
| 2004 |
1.39% |
-0.23% |
| 2003 |
1.62% |
1.49% |
| 2002 |
0.13% |
-2.45% |
| 2001 |
2.58% |
0.14% |
| 2000 |
2.44% |
0.88% |
| 1999 |
1.56% |
2.83% |
| 1998 |
-1.27% |
-8.98% |
| 1997 |
7.71% |
5.32% |
| 1996 |
2.39% |
0.51% |
| 1995 |
1.88% |
1.80% |
| 1994 |
0.08% |
-1.04% |
| 1993 |
1.11% |
-4.98% |
| 1992 |
6.09% |
-0.16% |
| 1991 |
6.26% |
3.18% |
| 1990 |
3.07% |
-3.12% |
| 1989 |
6.19% |
1.33% |
| 1988 |
4.86% |
1.55% |
| 1987 |
3.31% |
1.98% |
| 1986 |
1.33% |
-2.59% |
| 1985 |
3.92% |
-0.77% |
| 1984 |
4.69% |
-0.54% |
| 1983 |
5.23% |
-5.10% |
| 1982 |
10.33% |
-4.24% |
| 1981 |
14.57% |
0.14% |
| 1980 |
14.43% |
1.26% |
| 1979 |
13.17% |
3.69% |
| 1978 |
9.48% |
1.13% |
| 1977 |
8.35% |
3.37% |
| 1976 |
4.99% |
-15.31% |
| 1975 |
20.29% |
-18.63% |
| 1974 |
38.92% |
22.07% |
| 1973 |
16.86% |
4.98% |
| 1972 |
11.88% |
4.41% |
| 1971 |
7.47% |
0.19% |
| 1970 |
7.28% |
1.45% |
| 1969 |
5.84% |
-1.65% |
| 1968 |
7.49% |
3.85% |
| 1967 |
3.63% |
3.85% |
