Barbados is a sovereign island country in the Lesser Antilles, in the Americas. It is 34 kilometres (21 miles) in length and up to 23 km (14 mi) in width, covering an area of 432 km2 (167 sq mi). It is situated in the western area of the North Atlantic and 100 km (62 mi) east of the Windward Islands and the Caribbean Sea, it is about 168 km (104 mi) east of the islands of Saint Vincent and the Grenadines and 400 km (250 mi) north-east of Trinidad and Tobago. Barbados is outside of the principalIn finance, principal (the principal, or the principal sum/a... Atlantic hurricane belt. Its capitalThe net worth of a business, including assets, cash, propert... is Bridgetown. Barbados is 1,600 mi (2,600 km) South east of Miami.
Barbados was in the past heavily dependent on the export of sugar as its main revenue earner, but in recent decades the economyThe management of money, currency and trade of a nation. The... has diversified into tourism and financeTo provide or obtain funds for a business, commercial projec.... It also has offshoreRefers to accounts, investments, banks, etc., which are in c... reserves of oil and natural gas.
The Barbadian economyThe management of money, currency and trade of a nation. The... is expected to grow by 2% in 2015. At the end of February 2015, annual inflationNormally referring to the economy of a country, inflation is... was measured at 1.7%. The unemploymentAn economic situation in which jobless people, often those w... rate remained around 11.5%. Net International Reserves remained at USD $550 million. In May 2015, government announced that the tourism sector enjoyed a robust winter season with arrivals breaking a 25 year – old record for arrivals. Arrivals from the United Kingdom, the United States, Germany, Canada, the Caribbean and Latin America grew by 12.9%, 27.7%, 23.6%, 28.4 % and 10.6 %, respectively.
The United States has a tradeThe buying and selling or exchange of goods and services. Th... surplus with Barbados, and approximately 32% of Barbados imports come from the United States.
Barbados per capitaFor each person in the population. Per head. An expression o... income is one of the highest in the Eastern Caribbean region at USD $13,576 and the country ranks high in the United Nations Development Program’s Human Development Index. Education and other social services remain a top priority for the Government.
Facts: Population: 275,000, Area: 430 sq km (166 sq miles),
Major language: English (Bajan, an English-African dialect, is widely used), Major religion: Christianity,
Life expectancy: 74 years (men) and 80 years (women), Currency: Barbadian dollar.
Important Details
- Country ISO3:BRB
- Country Code:52
- Income Group:Latin America & Caribbean
- Lending Category:High income
- Region:Not Available
- Currency Unit:Barbados dollar
- WTO Member:YES
- TradeThe buying and selling or exchange of goods and services. Th... organisations:WTO
- world rank:45
- Regional Ranking:7th in the South and Central America/Caribbean Region
