Population, Total for Barbados
POPTOTBBA647NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
282,467.00
Year-over-Year Change
2.00%
Date Range
1/1/1960 - 1/1/2024
Summary
The total population of Barbados is an important economic indicator that measures the size and growth of the island's labor force and consumer base.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The total population of Barbados represents the overall number of people residing within the country's borders. This metric is a key input for economists and policymakers when analyzing economic trends and planning public services.
Methodology
The World Bank collects this data from national statistical offices and censuses.
Historical Context
Barbados' population size and demographics are crucial factors for its economic development and government policy.
Key Facts
- Barbados has a population of around 287,000 as of 2021.
- The population has been relatively stable over the past decade.
- Over 90% of Barbados' population lives in urban areas.
FAQs
Q: What does this economic trend measure?
A: The total population of Barbados represents the overall number of people residing within the country's borders.
Q: Why is this trend relevant for users or analysts?
A: Barbados' population size and demographics are crucial factors for its economic development and government policy.
Q: How is this data collected or calculated?
A: The World Bank collects this data from national statistical offices and censuses.
Q: How is this trend used in economic policy?
A: Economists and policymakers use Barbados' population data to analyze economic trends and plan public services.
Q: Are there update delays or limitations?
A: The data is updated annually, and there may be some delays in reporting from national sources.
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Citation
U.S. Federal Reserve, Population, Total for Barbados (POPTOTBBA647NWDB), retrieved from FRED.