Oil production, annual growth rate in Barbados

Barbados: Oil production, annual growth rate was 0.2741 % change on previous year in 2024. ◆ Volatile

Latest (2024)
0.2741 % change on previous year
Change on year
down 99.7%
World rank
42nd
of 103 countries
All-time high
300 % change on previous year
in 1974
All-time low
-100 % change on previous year
in 1935
Years of data
50
1929–2024

Oil production, annual growth rate in Barbados, 1929–2024

-1000100200300192919762024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2024, oil production, annual growth rate in Barbados stood at 0.2741 % change on previous year.

The figure is down 99.7% on the previous year.

Over the whole period, oil production, annual growth rate in Barbados peaked at 300 % change on previous year in 1974 and was at its lowest, -100 % change on previous year, in 1935.

Barbados ranks 42nd of 103 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Oil production, annual growth rate in Barbados, year by year

Annual values for Oil production, annual growth rate in Barbados, 1929 to 2024.
Year % change on previous year Change
1929 0 % change on previous year
1930 100 % change on previous year
1931 -50 % change on previous year -150.0%
1932 0 % change on previous year -100.0%
1933 0 % change on previous year
1934 0 % change on previous year
1935 -100 % change on previous year
1940 -100 % change on previous year -0.0%
1973 100 % change on previous year -200.0%
1974 300 % change on previous year +200.0%
1975 112.5 % change on previous year -62.5%
1976 17.65 % change on previous year -84.3%
1977 -15 % change on previous year -185.0%
1978 117.65 % change on previous year -884.3%
1979 5.41 % change on previous year -95.4%
1980 -100 % change on previous year -1950.0%
1991 0 % change on previous year -100.0%
1992 0.2741 % change on previous year
1993 -0.2733 % change on previous year -199.7%
1994 0 % change on previous year -100.0%
1995 0 % change on previous year
1996 0.2741 % change on previous year
1997 -0.2733 % change on previous year -199.7%
1998 0 % change on previous year -100.0%
1999 0 % change on previous year
2000 0.2741 % change on previous year
2001 -0.2733 % change on previous year -199.7%
2002 7.13 % change on previous year -2709.0%
2003 -5.36 % change on previous year -175.2%
2004 -1.1 % change on previous year -79.6%
2005 -0.2733 % change on previous year -75.0%
2006 0 % change on previous year -100.0%
2007 0 % change on previous year
2008 0.2741 % change on previous year
2009 -0.2733 % change on previous year -199.7%
2010 0 % change on previous year -100.0%
2011 0 % change on previous year
2012 0.2741 % change on previous year
2013 -0.2733 % change on previous year -199.7%
2014 0 % change on previous year -100.0%
2015 0 % change on previous year
2016 0.2741 % change on previous year
2017 -36.09 % change on previous year -13268.2%
2018 56.04 % change on previous year -255.3%
2019 0 % change on previous year -100.0%
2020 0.2741 % change on previous year
2021 -46.89 % change on previous year -17210.3%
2022 -4.9 % change on previous year -89.6%
2023 97.46 % change on previous year -2090.1%
2024 0.2741 % change on previous year -99.7%

Barbados compared with similar countries

  • Barbados's 0.2741 % change on previous year is above the median for high income countries, which is 0.2739 % change on previous year, 1.0× the median. (38 countries reporting)
  • Barbados's 0.2741 % change on previous year is below the median for Latin America & Caribbean, which is 0.6237 % change on previous year, 44% of the median. (16 countries reporting)

Biggest year-on-year movements

Years where Oil production, annual growth rate in Barbados changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2021 -17210.3% 0.2741 % change on previous year -46.89 % change on previous year
2017 -13268.2% 0.2741 % change on previous year -36.09 % change on previous year
2002 +2709.0% -0.2733 % change on previous year 7.13 % change on previous year
2023 +2090.1% -4.9 % change on previous year 97.46 % change on previous year
1980 -1950.0% 5.41 % change on previous year -100 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1920s 0 % change on previous year 0 % change on previous year 0 % change on previous year 1
1930s -8.33 % change on previous year -100 % change on previous year 100 % change on previous year 6
1940s -100 % change on previous year -100 % change on previous year -100 % change on previous year 1
1970s 91.17 % change on previous year -15 % change on previous year 300 % change on previous year 7
1980s -100 % change on previous year -100 % change on previous year -100 % change on previous year 1
1990s 0.0002 % change on previous year -0.2733 % change on previous year 0.2741 % change on previous year 9
2000s 0.04 % change on previous year -5.36 % change on previous year 7.13 % change on previous year 10
2010s 2.02 % change on previous year -36.09 % change on previous year 56.04 % change on previous year 10
2020s 9.24 % change on previous year -46.89 % change on previous year 97.46 % change on previous year 5

Countries ranked near Barbados

  1. 39 Oman 0.3968 % change on previous year compare
  2. 40 Tajikistan 0.2742 % change on previous year compare
  3. 41 Taiwan 0.2742 % change on previous year compare
  4. 43 Belize 0.2741 % change on previous year compare
  5. 44 Bulgaria 0.274 % change on previous year compare
  6. 45 Greece 0.274 % change on previous year compare

See the full ranking of 106 places →

More energy & mining data for Barbados

All data for Barbados →

Frequently asked questions

What is oil production, annual growth rate in Barbados?
Oil production, annual growth rate in Barbados was 0.2741 % change on previous year in 2024, according to Statizoid (derived).
What is the highest oil production, annual growth rate recorded in Barbados?
The highest recorded value was 300 % change on previous year in 1974.
What is the lowest oil production, annual growth rate recorded in Barbados?
The lowest recorded value was -100 % change on previous year in 1935.
How does Barbados rank for oil production, annual growth rate?
Barbados ranks 42nd out of 103 countries with data for 2024.
Where does this Barbados data come from?
The figures come from Statizoid (derived), published as part of Oil production, annual growth rate. Statizoid updates them automatically from the source API.

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Oil production, annual growth rate in Barbados. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://energy.statizoid.com/stat/oil-production-annual-growth-rate/barbados/

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<a href="https://energy.statizoid.com/stat/oil-production-annual-growth-rate/barbados/">Oil production, annual growth rate in Barbados</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in Oil production. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Oil production, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
106 places, 6,844 data points, 1901–2025
Last refreshed

The year-on-year percentage change in Oil production. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.