Barbados FlagBarbados

Pride And Industry

 

General


Population: 289,680 (2014), 288,725 (2013)
Land Area: 431 sq km
Natural Resources: Petroleum, fish, natural gas
Capital: Bridgetown
Political System: Parliamentary Democracy
State Leader: Fruendel Stuart (October 23rd 2010)
Languages: English
Currency: Barbadian Dollar (BBD)
Major Religions: Protestant 67%, Roman Catholic 4%, None 17%, Other 12%
Major Ethnicities: African 90%, Caucasian 4%, Asian and mixed 6%
Life Expectancy: 74.99 years (2014), 74.75 years (2013)

Economy


GDP Official Exchange Rate: 4.262 billion (2013), 4.533 billion (2012)
GDP Purchasing Power Parity: 7.004 billion (2013), 7.091 billion (2012)
GDP Per Capita (PPP): 25,100 (2013), 25,500 (2012)
GDP Growth Rate: - 0.8% (2013), 0.7% (2012)
GDP Structure: Agriculture 3.1%, Industry 13.9%, Services 83% (2013)
Labour Force By Occupation: Agriculture 10%, Industry 15%, Services 75% (1996)
Industries: Tourism, sugar, light manufacturing, component assembly for export
Agriculture Products: Sugarcane, vegetables, cotton
Human Development Index: 0.776 (59th)(2014), 0.825 (38th)(2013)
Tourism Revenue: 687 million (2001)
Unemployment Rate: 11.4% (2013)

MilitaryBarbados Map


Army Size: 610 (2004)
Budget: 0.5% of GDP (2006)

Current Situation

 

Barbados is located in the western Atlantic Ocean, Barbados is bordered by Saint Vincent & the Grenadines, Saint Lucia and Trinidad and Tobago. Barbados' economy is based on manufacturing and tourism. (2014) Although the tourism industry is recovering in Barbodas, economic growth has been negative in 2013 and will remain flat for the near future.

Thoughts & Comments

 

Sources

CIA World Factbook: Barbados
Wikipedia: Barbados
http://hdrstats.undp.org/en/countries/profiles/BRB.html

Updated on: July 19th, 2014