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 282,336 people, it is one of the least populous country in the world and it has a high population density, with 657 people per km2.

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

Barbados is holding the 158 position by nominal GDP. Its national debt in 2024 was 6,915 millions of euros (7,482 millions of dollars), ( 102.92% debt-to-GDP ratio) and its public debt per capita is €24,491 euros per inhabitant$26,500 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 0.809 points in 2022, leaving it in 62th place in the table of 193 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
GDP Growth (%) [+]20244.0%
Annual GDP [+]2024€6,625M
Annual GDP [+]2024$7,169M
GDP per capita [+]2024€22,779
GDP per capita [+]2024$24,648
Debt (M.€.) [+]20246,915
Debt ($M) [+]20247,482
Debt (%GDP) [+]2024102.92%
Debt Per Capita [+]2024€24,491
Debt Per Capita [+]2024$26,500
Deficit (M.€) [+]2024-88
Deficit ($M) [+]2024-95
Deficit (%GDP) [+]2024-1.31%
Expenditure (M.€) [+]20241,978.8
Expenditure ($M) [+]20242,141.1
Education Expenditure (M.€) [+]2024235.6
Education Expenditure ($M) [+]2024254.9
Education Expenditure (%Bud.) [+]202514.19%
Gov. Health Exp. (M.€) [+]2023139.9
Gov. Health Exp.($M) [+]2023151.2
Gov. Health Exp. (%Bud.) [+]20237.81%
Expenditure (%GDP) [+]202429.46%
Expenditure Per Capita [+]2024€7,009
Expenditure Per Capita [+]2024$7,584
Education Expenditure P.C [+]2024€810
Education Expenditure P.C [+]2024$876
Gov. Health Exp. P.C. [+]2023€495
Gov. Health Exp. P.C. [+]2023$536
Moody's Rating [+]04/14/2025B2
S&P Rating [+]10/24/2025B+
Fitch Rating [+]00/00/0000B+
Corruption Index [+]202369
Competitiveness Ranking [+]201977º
Fragile States Index [+]202444.7
Innovation Ranking [+]202477º
Labour
Unemployment rate [+]2015Q211.9%
Unemployed [+]2015Q217K
NMW [+]2024$736.7
Human Capital Ranking [+]201779º
Business
Doing Business [+]2020128º
Vehicles / 1,000 people [+]2015387.32
Taxes
Tax Revenue (%GDP) [+]202328.1%
Standard VAT [+]01/01/201117.50%
Top tax rate + SSC [+]202028.5%
Trade
Annual arrivals [+]2022539,700
Exports [+]2023€425.9M
Exports [+]2023$460.5M
Exports % GDP [+]20236.85%
Imports [+]2023€1,950.7M
Imports [+]2023$2,109.3M
Imports % GDP [+]202331.39%
Trade balance [+]2023€-1,524.8M
Trade balance [+]2023$-1,606.2M
Trade balance % GDP [+]2023-24.54%
Socio-Demography
Density [+]2023657
Global Peace Ranking [+]2023-1º
Remittance received ($M) [+]2017111.7
% Immigrant [+]202012.11%
% Emigrant [+]202034.59%
Birth Rate [+]202311.17‰
Remittance sent ($M) [+]201720.1
Crude death rate [+]202310.61‰
Fertility Rate [+]20231.71
% risk of poverty [+]201625.7%
Population [+]2023282,336
Immigrant stock [+]202034,869
Emigrant stock [+]202099,611
HDI [+]20220.809
Gender Gap Ranking [+]202431º
Life expectancy [+]202376.18
Suicides [+]20151
Suicide rate [+]20150.42
Number of homicides [+]202321
Rate Homicides per 100.000 [+]20237.44
Energy and Environment
CO2 Tons per capita [+]20232.76
Annual crude oil production [+]20241
Crude Oil Reserves [+]20212.0
Consumption GWh [+]20241,036
Generation GWh [+]20241,102
Others
COVID-19 - Deaths [+]02/08/2026593
COVID-19 - Confirmed [+]02/08/2026109,141
Fully vaccinated [+]12/29/2023155,047
COVID-19 - Deaths per million population [+]02/08/20262,100.33
Doses administered [+]12/29/2023384,049