|
Economy of Barbados |
Currency |
1 Barbadian dollar (BBD) |
Fiscal year |
1 April – 31 March |
Trade organisations |
WTO |
Statistics [1] |
GDP ranking |
159th (2005) |
GDP |
$5.108 billion (PPP), $3.157 billion (Nominal) (2006) |
GDP growth |
4.0% (2006 est.) |
GDP per capita (PPP) |
$18,200 (2006 est.) |
GDP by sector |
agriculture (6%), industry (16%), services (78%) (2000 est.) |
Inflation |
-0.5% (2003 est.) |
Pop below poverty line |
N/A |
Labour force |
128,500 (2001 est.) |
Labour force by occupation |
agriculture (10%), industry (15%), services (75%) (1996 est.) |
Unemployment |
10.7% (2003) |
Main industries |
tourism, sugar, light manufacturing, component assembly for export |
Trading Partners [2] |
Exports |
$209 million (2004) |
Main partners |
U.S. 20.6%, UK 14.5%, Trinidad and Tobago 13.9%, Saint Lucia 6.9%, Jamaica 6.6%, Saint Vincent and the Grenadines 5.1% (2004) |
Imports |
$1.476 billion (2004) |
Main Partners |
U.S. 35.2%, Trinidad and Tobago 20%, UK 5.6%, Japan 4.3% (2004) |
Public finances [3] |
Public debt |
N/A |
External debt |
$668 million (2003) |
Revenues |
$847 million (including grants) (2000) |
Expenses |
$886 million, including capital expenditures (2000) |
Economic aid |
$9.8 million (recipient)(1995) |
edit |