Barbados inflation rate for 2024 was 1.45%, a 1.74% decline from 2023.
Barbados inflation rate for 2023 was 3.19%, a 1.51% increase from 2019.
Barbados inflation rate for 2019 was 1.68%, a 1.43% decline from 2018.
Barbados inflation rate for 2018 was 3.11%, a 1.55% decline from 2017.
Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used. The full historical dataset is available for download here: Barbados Inflation Rate | Historical Data | 1967 - 2024.