Barbados

Official Name: Barbados
Sovereign Status: Sovereign Country
Government Type: Parliamentary Republic
Official Name (Local Language): Barbados
ISO Country Codes: BB : BRB
Internet Domain: .bb
Government Web Site: https://www.gov.bb/
Capital: Bridgetown Main Airports: Grantley Adams International Airport
Language(s): English Population: 302,674
Currency: Barbados Dollar ISO Currency Code: BBD
Telephone Dial In: +1 246 ID Prefix: 011



Travel Guides:

Barbados

Government Website: https://www.gov.bb/
Sovereign Ratings: https://countryeconomy.com/ratings/barbados
Central Bank: Central Bank of Barbados
Currency USD Exchange Rate: 2 Barbadian dollars (BBD) per US dollar (2017 est.)
Unemployment Rate: 10.1% (2017 est.)
Population below poverty line: NA
Inflation Rate: 4.4% (2017 est.)
Prime Lending Rate: 4% (Nov-20 - TradingEconomics)
GDP: $3.868 billion (2021 est.)
GDP Pro Capita (PPP): $13,800 (2021 est.)
Currency Name: Barbados Dollar
Currency Code: BBD
World Bank Classification: High-Income Economy

GDP Composition:

Agriculture: 2.8% sugarcane, vegetables, cotton
Industry: 11.7% tourism, sugar, light manufacturing, component assembly for export
Services: 85.5%

Source: Central Intelligence Agency Factbook




Financial Exchanges:
Stock & Securities Exchange: Barbados Stock Exchange ;

National Statistics Office:

National Dataset(s):

Barbados


Subject to Country Specific Sanctions? NO

The World Bank’s World Integrated Trade Solution

Business Language(s): English
Customs & Excise: Barbados Revenue Authority
Development Bank(s): Caribbean Development Bank; Development Bank of Latin America; Inter-American Development Bank;
National Standards Bureau: Barbados National Standards Institution
Competitive Ind’l Performance: 77/141 (2019) Corruption Perceptions Index: 29/180 (2022 Rank)
Ease of Doing Business: N/A Enabling Trade Index: N/A
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Country Ratings:


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Export Promotion Agency: Caribbean Export Development Agency ; Investment Agency: Caribbean Association of Investment Promotion Agencies ; Export Barbados The Barbados Investment and Development Corporation (BIDC) commenced operations on December 1, 1992, for the purpose of developing Barbados’ industrial, export, and other related activities. ; Invest Barbados ;




Barbados

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