Development of inflation rates in Barbados
The inflation rate in Barbados moved over the past years between -1.3% and 14.6%. For 2017, an inflation rate of 4.7% was calculated.
During the observation period from 1980 to 2017, the average inflation rate was 4.4%
per year. Overall, the price increase was 383.56 %. An item that cost 100 Dollar in 1979 was 2017 so charged 483.56 Dollar.
In only a few countries negative inflation rates are achieved. This means that the general price level is declining and consumer prices get cheaper. This case is called deflation.In comparison to other countries, the drastic price increases are no longer on average. Usually this is a sign of political and economic turmoil.Back to overview: Barbados
Inflation developments of the past 37 years compared to the European Union
Performance based on 100\% in 1979. Barbados European Union
All information without guarantee.