Inflation Barbados 2019
Average inflation: 4.1%
Current Inflation
Inflation is high at 4.1%, well above the ECB target.
Peak and Trough
The highest inflation was in December at 7.2%. The lowest inflation was in January at 0.3%.
- Highest month
- December: 7.2%
- Lowest month
- January: 0.3%
- Difference
- 6.9 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food with an average of 6.0%. The lowest price increase was in Energy with an average of 1.8%.
- Highest increase
- Food: 6.0%
- Lowest increase
- Energy: 1.8%
Historical Context
Current inflation is 1.6% higher than the 5-year average of 2.5%.
- 5-year average
- 2.5%
- 10-year average
- 3.4%
- All-time high (2011)
- 9.4%
- All-time low (2015)
- -1.1%
Trend
Inflation has remained relatively stable. Compared to 2018, the difference is minimal (+0.4 percentage point).
- Change vs. previous year
- +0.4 percentage points
- Largest monthly swing
- October: +6.7 percentage points
ECB Target
Inflation is 2.1% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this inflation rate, purchasing power noticeably decreases. Without a salary increase, you can buy less with the same money.
What you could buy for €100 this year will cost approximately €104.10 next year at this inflation rate.
Multi-year trend
Monthly figures 2019
Month overview
| Month | Inflation | Difference vs. 2018 |
|---|---|---|
| January | 0.3% | -5.0 |
| February | 1.1% | -5.3 |
| March | 2.1% | -4.1 |
| April | 2.9% | -2.7 |
| May | 3.9% | -1.2 |
| June | 3.2% | -2.3 |
| July | 3.0% | -1.9 |
| August | 5.5% | +2.8 |
| September | 6.7% | +5.2 |
| October | 6.9% | +6.7 |
| November | 6.3% | +5.5 |
| December | 7.2% | +6.6 |
| Average | 4.1% |
Data source
Data from WorldBank. Last updated: 06/01/2026.