Oil reserves, per unit of GDP in Barbados
Barbados: Oil reserves, per unit of GDP was 0.0001 cubic meters per US$ of GDP in 2021. ◆ Volatile
Oil reserves, per unit of GDP in Barbados, 1980–2021
Source: Statizoid (derived). Measured in cubic meters per US$ of GDP.
Analysis
In 2021, oil reserves, per unit of gdp in Barbados stood at 0.0001 cubic meters per US$ of GDP.
The figure is down 15.4% on the previous year and up 3.4% over ten years.
Over the whole period, oil reserves, per unit of gdp in Barbados peaked at 0.0005 cubic meters per US$ of GDP in 1993 and was at its lowest, 0 cubic meters per US$ of GDP, in 1986.
That places Barbados 76th out of 198 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.
Oil reserves, per unit of GDP in Barbados, year by year
| Year | cubic meters per US$ of GDP | Change |
|---|---|---|
| 1980 | 0.0002 cubic meters per US$ of GDP | — |
| 1981 | 0.0001 cubic meters per US$ of GDP | -49.3% |
| 1982 | 0.0001 cubic meters per US$ of GDP | -48.5% |
| 1983 | 0.0001 cubic meters per US$ of GDP | +52.8% |
| 1984 | 0.0001 cubic meters per US$ of GDP | -24.6% |
| 1985 | 0.0001 cubic meters per US$ of GDP | -4.4% |
| 1986 | 0 cubic meters per US$ of GDP | -39.3% |
| 1987 | 0 cubic meters per US$ of GDP | +13.5% |
| 1988 | 0.0003 cubic meters per US$ of GDP | +580.7% |
| 1989 | 0.0003 cubic meters per US$ of GDP | -17.6% |
| 1990 | 0.0003 cubic meters per US$ of GDP | -3.6% |
| 1991 | 0.0002 cubic meters per US$ of GDP | -3.8% |
| 1992 | 0.0003 cubic meters per US$ of GDP | +11.8% |
| 1993 | 0.0005 cubic meters per US$ of GDP | +67.5% |
| 1994 | 0.0003 cubic meters per US$ of GDP | -43.0% |
| 1995 | 0.0002 cubic meters per US$ of GDP | -22.8% |
| 1996 | 0.0002 cubic meters per US$ of GDP | -14.4% |
| 1997 | 0.0002 cubic meters per US$ of GDP | -10.2% |
| 1998 | 0.0001 cubic meters per US$ of GDP | -13.4% |
| 1999 | 0.0001 cubic meters per US$ of GDP | -4.6% |
| 2000 | 0.0002 cubic meters per US$ of GDP | +29.4% |
| 2001 | 0.0001 cubic meters per US$ of GDP | -20.4% |
| 2002 | 0.0001 cubic meters per US$ of GDP | -1.7% |
| 2003 | 0.0001 cubic meters per US$ of GDP | -3.5% |
| 2004 | 0.0001 cubic meters per US$ of GDP | -6.5% |
| 2005 | 0.0001 cubic meters per US$ of GDP | -9.8% |
| 2006 | 0.0001 cubic meters per US$ of GDP | -9.8% |
| 2007 | 0.0001 cubic meters per US$ of GDP | +2.9% |
| 2008 | 0.0001 cubic meters per US$ of GDP | -24.7% |
| 2009 | 0.0001 cubic meters per US$ of GDP | +5.8% |
| 2010 | 0.0001 cubic meters per US$ of GDP | -32.2% |
| 2011 | 0.0001 cubic meters per US$ of GDP | -2.4% |
| 2012 | 0.0001 cubic meters per US$ of GDP | +28.0% |
| 2013 | 0.0001 cubic meters per US$ of GDP | -3.1% |
| 2014 | 0.0001 cubic meters per US$ of GDP | +25.2% |
| 2015 | 0.0001 cubic meters per US$ of GDP | -11.3% |
| 2016 | 0.0001 cubic meters per US$ of GDP | -8.0% |
| 2017 | 0.0001 cubic meters per US$ of GDP | -12.7% |
| 2018 | 0.0001 cubic meters per US$ of GDP | +18.6% |
| 2019 | 0.0001 cubic meters per US$ of GDP | -9.5% |
| 2020 | 0.0001 cubic meters per US$ of GDP | +2.8% |
| 2021 | 0.0001 cubic meters per US$ of GDP | -15.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.0001 cubic meters per US$ of GDP | 0 cubic meters per US$ of GDP | 0.0003 cubic meters per US$ of GDP | 10 |
| 1990s | 0.0002 cubic meters per US$ of GDP | 0.0001 cubic meters per US$ of GDP | 0.0005 cubic meters per US$ of GDP | 10 |
| 2000s | 0.0001 cubic meters per US$ of GDP | 0.0001 cubic meters per US$ of GDP | 0.0002 cubic meters per US$ of GDP | 10 |
| 2010s | 0.0001 cubic meters per US$ of GDP | 0.0001 cubic meters per US$ of GDP | 0.0001 cubic meters per US$ of GDP | 10 |
| 2020s | 0.0001 cubic meters per US$ of GDP | 0.0001 cubic meters per US$ of GDP | 0.0001 cubic meters per US$ of GDP | 2 |
Countries ranked near Barbados
- 73 Benin 0.0001 cubic meters per US$ of GDP compare
- 74 Türkiye 0.0001 cubic meters per US$ of GDP compare
- 75 Philippines 0.0001 cubic meters per US$ of GDP compare
- 77 Italy 0 cubic meters per US$ of GDP compare
- 78 Lithuania 0 cubic meters per US$ of GDP compare
- 79 Bulgaria 0 cubic meters per US$ of GDP compare
More energy & mining data for Barbados
- Fuel imports 22.7% (2024)
- Ores and metals imports 0.7% (2024)
- Ores and metals exports 7.6% (2024)
- Gas production 0.0404 terawatt-hours (2024)
- Fossil fuel production per person, by fuel 143.03 kilowatt-hours per person (2024)
- Fossil fuel production by fuel 0.0404 terawatt-hours (2024)
- Gas production per person 143.03 kilowatt-hours per person (2024)
- Fossil fuel production by fuel, per capita 0 terawatt-hours per person (2024)
- Fossil fuel production by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Gas production, per capita 0 terawatt-hours per person (2024)
Frequently asked questions
- What is oil reserves, per unit of gdp in Barbados?
- Oil reserves, per unit of gdp in Barbados was 0.0001 cubic meters per US$ of GDP in 2021, according to Statizoid (derived).
- What is the highest oil reserves, per unit of gdp recorded in Barbados?
- The highest recorded value was 0.0005 cubic meters per US$ of GDP in 1993.
- What is the lowest oil reserves, per unit of gdp recorded in Barbados?
- The lowest recorded value was 0 cubic meters per US$ of GDP in 1986.
- How does Barbados rank for oil reserves, per unit of gdp?
- Barbados ranks 76th out of 198 countries with data for 2021.
- Is oil reserves, per unit of gdp rising or falling in Barbados?
- Over the last ten years it is up 3.4%. The long-run trend across the full record is volatile.
- Where does this Barbados data come from?
- The figures come from Statizoid (derived), published as part of Oil reserves, per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Oil reserves divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Oil reserves ÷ GDP (current US$)
Computed from
- Oil reserves U.S. Energy Information Administration (2022) – with major processing by Our World in Data
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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
Oil reserves divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.