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 158 position by nominal GDP. Its national debt in 2023 was 7,018 millions of euros (7,591 millions of dollars), ( 110.8% debt-to-GDP ratio) and its public debt per capita is €24,959 euros per inhabitant$26,995 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 [+]2023€6,214M
Annual GDP [+]2023$6,721M
GDP per capita [+]2023€22,098
GDP per capita [+]2023$23,901
Debt (M.€.) [+]20237,018
Debt ($M) [+]20237,591
Debt (%GDP) [+]2023110.80%
Debt Per Capita [+]2023€24,959
Debt Per Capita [+]2023$26,995
Deficit (M.€) [+]2023-107
Deficit ($M) [+]2023-116
Deficit (%GDP) [+]2023-1.68%
Expenditure (M.€) [+]20231,791.0
Expenditure ($M) [+]20231,937.1
Education Expenditure (M.€) [+]2023318.5
Education Expenditure ($M) [+]2023236.2
Education Expenditure (%Bud.) [+]202313.60%
Gov. Health Exp. (M.€) [+]2021180.2
Gov. Health Exp.($M) [+]2021213.2
Gov. Health Exp. (%Bud.) [+]202112.42%
Expenditure (%GDP) [+]202328.27%
Expenditure Per Capita [+]2023€6,369
Expenditure Per Capita [+]2023$6,889
Education Expenditure P.C [+]2023€1,133
Education Expenditure P.C [+]2023$1,225
Gov. Health Exp. P.C. [+]2021€641
Gov. Health Exp. P.C. [+]2021$758
Moody's Rating [+]08/03/2023B3
S&P Rating [+]10/26/2023B-
Fitch Rating [+]00/00/0000B+
Corruption Index [+]202265
Competitiveness Ranking [+]201977º
Fragile States Index [+]201848.2
Innovation Ranking [+]201537º
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) [+]202131.9%
Standard VAT [+]01/01/201117.50%
Top tax rate + SSC [+]202028.5%
Trade
Annual arrivals [+]2018680,000
Exports [+]2023€449.5M
Exports [+]2023$486.1M
Exports % GDP [+]20237.23%
Imports [+]2023€1,934.9M
Imports [+]2023$2,092.2M
Imports % GDP [+]202331.14%
Trade balance [+]2023€-1,485.4M
Trade balance [+]2023$-1,606.2M
Trade balance % GDP [+]2023-23.90%
Socio-Demography
Density [+]2021654
Global Peace Ranking [+]2023-1º
Remittance received ($M) [+]2017111.7
% Immigrant [+]202012.11%
% Emigrant [+]202034.59%
Birth Rate [+]202210.78‰
Remittance sent ($M) [+]201720.1
Crude death rate [+]20229.11‰
Fertility Rate [+]20221.63
Population [+]2021281,200
Immigrant stock [+]202034,869
Emigrant stock [+]202099,611
HDI [+]20210.790
Gender Gap Ranking [+]202331º
Life expectancy [+]202277.71
Suicides [+]20151
Suicide rate [+]20150.42
Number of homicides [+]202243
Rate Homicides per 100.000 [+]202215.23
Energy and Environment
CO2 Tons per capita [+]20222.34
Annual crude oil production [+]20231
Crude Oil Reserves [+]20212.0
Consumption GWh [+]20221,020
Generation GWh [+]20221,086
Others
COVID-19 - Deaths [+]08/04/2024593
COVID-19 - Confirmed [+]08/04/2024108,582
Fully vaccinated [+]12/29/2023155,047
COVID-19 - Deaths per million population [+]08/04/20242,108.82
Doses administered [+]12/29/2023384,049