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Barbados

Official Name: Barbados
Sovereign Status: Sovereign Country
Government Type: Parliamentary Democracy under a Constitutional Monarchy
Official Name (Local Language): Barbados
ISO Country Codes: BB : BRB
Internet Domain: .bb
Government Web Site: http://www.gov.bb/
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UN Location Codes

IATA Airports

Capital: Bridgetown Main Airports: Grantley Adams International Airport
Language(s): English Population: 301,865
Currency: Barbados Dollar ISO Currency Code: BBD
Telephone Dial In: +1 246 ID Prefix: 011

Source: Central Intelligence Agency Factbook


Country Summaries:
BBC; CIA Factbook; Country Code; Infoplease; International Model United Nations Association; Law Library of Congress; NationMaster; NationsOnline; UNESCO; UNESCO UIS

Political & Cultural Organisations:
African Caribbean and Pacific Group of States; Association of Caribbean States; Commonwealth of Nations; Community of Democracies; Organization of American States; Sistema Economico Latinoamericano; UN; UNESCO;

Travel Guides:
Fodor's Travel; Lonely Planet;

News Resources:
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Barbados

Government Website: http://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: $4.99 billion (2017 est.)
GDP Pro Capita (PPP): $15,639 (2019 est.)
Currency Name: Barbados Dollar
Currency Code: BBD
World Bank Classification: High Income

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 & Economic Organisations:
Caribbean Community and Common Market; Caribbean Development and Cooperation Committee; FAO; IMF; International Labour Organization; Un Economic Commission for Latin America the Caribbean UNIDO; World Bank;

Financial & Economic Profiles:
Caribbean Development and Cooperation Committee; Countryeconomy; FAO; IMF; Inter American Development Bank; International Labour Organization; OECD; UNDP Human Development;

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

National Statistics Office:
Barbados Statistical Service;

National Dataset(s):
Global Survey; Trading Economics;

Barbados


Subject to Country Specific Sanctions? NO

The World Bank’s World Integrated Trade Solution

Trade Statistics

Trade Summary

Trade Indicators

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 (2020)
Ease of Doing Business: 128/190 (2019) Enabling Trade Index: N/A
Global Trade Alert Search ITC's Lega Carta

Country Ratings:
CountryEconomy Rating
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UN LOCODES – Locations
All IATA Airports

Export Credit & Insurance Show
Investment & Export Promotion Show

Export Promotion Agency: Caribbean Export Development Agency ; Investment Agency: Barbados Investment and Development Corporation The BIDC exists to build bold, innovative, dynamic and creative businesses. ; Caribbean Association of Investment Promotion Agencies ; Invest Barbados ;



Regional Trade Agreements & Organisations:
Caribbean Community and Common Market; Free Trade Area of The Americas; UNCTAD; WCO; WIPO; WTO;

Trade Reports:
International Trade Centre; Trade Facilitation Agreement; UNCTAD General; UNCTAD Maritime; WIPO; Worlds Top Exports; WTO;

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