
Nordics’ NATO Bid Means Short-Term Pain For Long-Term Gain
Finland's and Sweden's joint application for NATO membership entails serious economic changes.
Browse additional economic indicators and data sets, selected by Global Finance editors, to learn more about Barbados economic outlook, debt to GDP ratio, international trade performance and population trends. Rankings of Barbados best banks and safest banks are also available.
While Latin American banks continued to expand their client base and footprints, the sector still faced important challenges.
USD 0.43 billion (2016)
International Monetary Fund (IMF), data retrieved October 2019
2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 |
1.9% | 0.9% | -4.9% | -2.2% | -0.8% | -0.1% | -1.4% |
2014 | 2018 | 2016 | 2017 | 2018* | ||
-0.2% | 2.2% | 2.3% | -0.3% | -0.5% |
*Estimate
1980 | 1990 | 2000 | 2010 | 2019* |
0.01% | 0.01% | 0.01% | 0.01% | 0.004% |
*Estimate
(2017 estimate)
2015 | 2016 | 2017 | 2018* | 2019* |
-1.1% | 1.5% | 4.4% | 3.7% | 1.9% |
*Estimate
2015 | 2016 | 2017 | 2018* | 2019* |
11.3% | 9.7% | 10% | 10.1% | 10.4% |
*Estimate
2015 | 2016 | 2017 | 2018 | 2019* |
147% | 149.5% | 158.3% | 125.7% | 115.4% |
*Estimate
2015 | 2016 | 2017 | 2018 | 2019* |
-9.1% | -5.3% | -4.3% | -0.3% | 3.3% |
*Estimate
Standard & Poor's: SD
Moody's: Caa1
Standard & Poor's / Moody's
2016 | 2017 | 2018 |
USD 3.1 billion |
USD 3.4 billion |
USD 3.5 billion |
-3.7 % (2018 estimate)
38% (2017)
0.002% (2018)
0.02% (2018)
Manufactures, sugar, molasses, rum, other foodstuffs and beverages, chemicals, electrical components
Consumer goods, machinery, foodstuffs, construction materials, chemicals, fuel, electrical components
US 38%, Trinidad and Tobago 10.2%, Guyana 5.5%, Jamaica 5%, China 4.8%, St. Lucia 4.6%(2017)
US 38.5%, Trinidad and Tobago 14.6%, China 7.1%, UK 4.7% (2017)
2016 | 2017 | 2018 |
USD 230 million | USD 286 million | USD 195 million |
2016 | 2017 | 2018 |
USD -10 million | USD -28 million | USD 34 million |
2015 | 2016 | 2017 | 2018 |
N/A | N/A | N/A | N/A |
N/A
(for a monthly update on M&A; click here )
N/A
(for a monthly update on M&A; click here )
Economies are ranked on their ease of doing business. A high ease of doing business ranking means the regulatory environment is more conducive to the starting and operation of a local firm.
Overall ranking:
128 out of 190 countries
Subcategories:
Starting a Business: 102 out of 190 countries
Dealing with Construction Permits: 153 out of 190 countries
Getting Electricity: 117 out of 190 countries
Registering Property: 118 out of 190 countries
Getting Credit: 152 out of 190 countries
Protecting Minority Investors: 136 out of 190 countries
Paying Taxes: 96 out of 190 countries
Trading across Borders: 132 out of 190 countries
Enforcing Contracts: 170 out of 190 countries
Resolving Insolvency: 35 out of 190 countries
77 out of 141 countries
(2019)
Ranking: 67 / Score: 64.7 (Moderately free)
(100=totally free 0=totally repressed)
Parliamentary democracy under a constitutional monarchy; a Commonwealth realm
English (official), Bajan (English-based creole language, widely spoken in informal settings)
Protestant 66.4% (includes Anglican 23.9%, other Pentecostal 19.5%, Adventist 5.9%, Methodist 4.2%, Wesleyan 3.4%, Nazarene 3.2%, Church of God 2.4%, Baptist 1.8%, Moravian 1.2%, other Protestant 0.9%), Roman Catholic 3.8%, other Christian 5.4% (includes
1990 | 2000 | 2010 | 2015 | 2020* |
0.26 million | 0.27 million | 0.28 million | 0.28 million | 0.29 million |
*Estimate
1960 | 1980 | 2000 | 2018 |
36.8% | 40.1% | 33.8% | 31.1% |
Total population: 99.6%
Male: 99.6%
Female: 99.6%
Definition: age 15 and over can read and write (2014 est.)
Free
Political Rights: 1
Civil Liberties: 1 (2019)
(1 represents the most free, 7 the least free rating)
Fixed: 44.4%
Mobile: 122.6%
(2018)
(fixed-telephone subscribers and mobile-cellular subscribers)