Barbados: Forest rents (% of GDP)

Key figures

What the numbers say

In 2021, Barbados' forest rents (% of GDP) fell 0 percentage points on 2020 (from 0.01% to 0.01%).

Across the 30 yearly changes before that (1991 to 2020), the average change was +0 percentage points and a typical year strayed about 0 percentage points from that (the standard deviation). This year's change was 1.3 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.

On record, the biggest yearly rise was 0.01 percentage points in 1993 and the biggest yearly fall was 0.01 percentage points in 1983. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2012 to 2021 there is no clear straight-line trend: a straight line explains 18% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2021, Barbados had the 150th highest value of the 197 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Barbados in the 2021 ranking

• St. Lucia — 146th of 197: 0.01%
• Denmark — 147th of 197: 0.01%
• New Caledonia — 148th of 197: 0.01%
• Ireland — 150th of 197: 0.01%
• Italy — 151st of 197: 0.00997%
• Switzerland — 152nd of 197: 0.0086%

What this measures

Forest rents are roundwood harvest times the product of regional prices and a regional rental rate.

Regional and income-group figures are computed by the World Bank as a weighted average.

All 48 values

Forest rents (% of GDP) in nearby economies

• Antigua and Barbuda — 0% (2021)
• Argentina — 0.14% (2021)
• Aruba — 0.00207% (2021)
• Bahamas, The — 0.01% (2021)
• Belize — 0.24% (2021)
• Bolivia — 0.44% (2021)
• Brazil — 0.76% (2021)
• Cayman Islands — 0% (2021)
• Chile — 0.64% (2021)
• Colombia — 0.09% (2021)
• Costa Rica — 0.75% (2021)
• Cuba

More environment data for Barbados

• Rural population — 113,898 (2025)
• Rural population (% of total population) — 40.3% (2025)
• Urban population — 168,725 (2025)
• Urban population (% of total population) — 59.7% (2025)
• Aquaculture production (metric tons) — 5.5 (2024)
• Capture fisheries production (metric tons) — 723 (2024)
• Total fisheries production (metric tons) — 728.5 (2024)
• Rural population growth (annual %) — -0.34% (2025)
• Urban population growth (annual %) — 0.32% (2025)
• Fertilizer consumption (kilograms per hectare of arable land) — 32.29 (2024)

Reading data like this

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Questions people ask

What is Barbados's forest rents (% of GDP)?

0.01% in 2021, according to the World Bank (World Development Indicators).

How has it changed since 1974?

It is up 0.00376 percentage points from 0.00807% in 1974. The highest value was 0.01% in 2016 and the lowest 0.000787% in 1989.

How does Barbados rank?

150th highest of 197 economies with data for 2021.

Is the latest change in forest rents (% of GDP) unusual for Barbados?

In 2021, Barbados' forest rents (% of GDP) fell 0 percentage points on 2020 (from 0.01% to 0.01%). Across the 30 yearly changes before that (1991 to 2020), the average change was +0 percentage points and a typical year strayed about 0 percentage points from that (the standard deviation). This year's change was 1.3 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.

Source

World Bank, World Development Indicators, indicator NY.GDP.FRST.RT.ZS, licensed CC BY 4.0. Original source: The Changing Wealth of Nations, World Bank (WB), uri: https://www.worldbank.org/en/publication/changing-wealth-of-nations/data, note: World Bank staff estimates based on sources and methods described in the World Bank's The Changing Wealth of Nations., publisher: World Bank (WB); Staff estimates, Wo… Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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