Barbados Barbados

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Barbados, is a country located at Caribbean, it has an area of 430 Km2 so it is one of the smallest countries in the world.

Barbados, with a population of 281,200 people, it is one of the least populous country in the world and it has a high population density, with 654 people per km2.

It's capital is Bridgetown and its currency is Barbadian dollars

Barbados is holding the 157 position by nominal GDP. Its national debt in 2022 was 6,941 millions of euros (7,315 millions of dollars), ( 122.51% debt-to-GDP ratio) and its public debt per capita is €24,685 euros per inhabitant$26,015 dollars per inhabitant.

In terms of the human development index (HDI) of Barbados, which is the index used by the United Nations to measure the progress of a country, was 0.79 points in 2021, leaving it in 70th place in the table of 191 countries published.

If the reason to visit Barbados are business, you must know it's in the 128th of the Doing Business ranking , which provides objective measures of business regulations for local firms.

In the tables at the bottom of the page, you can see more information about the economy and demography of Barbados, if you want to see information about other countries click here

Barbados Economy
Gouvernement
Annual GDP [+]2022€5,394M
Annual GDP [+]2022$5,685M
GDP per capita [+]2022€19,183
GDP per capita [+]2022$20,217
Debt (M.€.) [+]20226,941
Debt ($M) [+]20227,315
Debt (%GDP) [+]2022122.51%
Debt Per Capita [+]2022€24,685
Debt Per Capita [+]2022$26,015
Deficit (M.€) [+]2022-116
Deficit ($M) [+]2022-122
Deficit (%GDP) [+]2022-2.05%
Expenditure (M.€) [+]20221,797.0
Expenditure ($M) [+]20221,893.8
Education Expenditure (M.€) [+]2021264.1
Education Expenditure ($M) [+]2021312.6
Education Expenditure (%Bud.) [+]202116.58%
Gov. Health Exp. (M.€) [+]2017132.2
Gov. Health Exp.($M) [+]2017149.3
Gov. Health Exp. (%Bud.) [+]20179.08%
Expenditure (%GDP) [+]202231.72%
Expenditure Per Capita [+]2022€6,391
Expenditure Per Capita [+]2022$6,735
Education Expenditure P.C [+]2021€939
Education Expenditure P.C [+]2021$1,112
Gov. Health Exp. P.C. [+]2017€463
Gov. Health Exp. P.C. [+]2017$523
Moody's Rating [+]08/03/2023B3
S&P Rating [+]10/26/2023B-
Corruption Index [+]202265
Competitiveness Ranking [+]201977º
Fragile States Index [+]201848.2
Innovation Ranking [+]201537º
Labour
Unemployment rate [+]2015Q211.9%
Unemployed [+]2015Q217K
NMW [+]2022$736.7
Human Capital Ranking [+]201779º
Business
Doing Business [+]2020128º
Vehicles / 1,000 people [+]2015387.32
Taxes
Tax Revenue (%GDP) [+]202131.9%
Standard VAT [+]01/01/201117.50%
Top tax rate + SSC [+]202028.5%
Trade
Annual arrivals [+]2018680,000
Exports [+]2021€287.2M
Exports [+]2021$339.6M
Exports % GDP [+]20217.02%
Imports [+]2021€1,362.7M
Imports [+]2021$1,611.7M
Imports % GDP [+]202133.30%
Trade balance [+]2021€-1,075.6M
Trade balance [+]2021$-1,272.1M
Trade balance % GDP [+]2021-26.28%
Socio-Demography
Density [+]2021654
Global Peace Ranking [+]2023-1º
Remittance received ($M) [+]2017111.7
% Immigrant [+]202012.11%
% Emigrant [+]202034.59%
Birth Rate [+]202110.83‰
Remittance sent ($M) [+]201720.1
Crude death rate [+]20219.01‰
Fertility Rate [+]20211.63
Population [+]2021281,200
Immigrant stock [+]202034,869
Emigrant stock [+]202099,611
HDI [+]20210.790
Gender Gap Ranking [+]202331º
Life expectancy [+]202177.57
Suicides [+]20151
Suicide rate [+]20150.42
Number of homicides [+]202243
Rate Homicides per 100.000 [+]202215.27
Energy and Environment
CO2 Tons per capita [+]20216.13
Annual crude oil production [+]20221
Crude Oil Reserves [+]20212.0
Consumption GWh [+]20211,006
Generation GWh [+]20211,071
Others
COVID-19 - Deaths [+]02/18/2024593
COVID-19 - Confirmed [+]02/18/2024108,025
Fully vaccinated [+]09/22/2023155,045
COVID-19 - Deaths per million population [+]02/18/20242,108.82
Doses administered [+]09/22/2023381,743