The singer will be joined by The Wanted on the lineup for an exclusive show to be held at Barbados's Sandy Lane hotel. The concert has been organised by Global Radio boss Ashley Tabor.
A source told the Daily Star: "The government paid Rihanna £1.25 million to perform at Barbados Carnival in August as she is obviously their biggest export.
"Everyone is very excited to hear that she'll be back again so soon and plenty of the islanders are hoping to catch a glimpse of her in town even if they can't get into the party."
Rihanna was named Facebook's most talked-about musician in 2011 yesterday (December 9), after amassing over 47 million fans on the social networking site.
The Bajan star's international hit 'We Found Love' was also crowned the most listened-to song on the site, despite only being released back in October.
> Rihanna 'grumpy' after suffering from exhaustion
Watch the music video for Rihanna's 'We Found Love' below: