Barbados
General information
Capital: Bridgetown
Currency unit: Barbadian dollar
Area: 430 km²
Total population: 282,467
GDP (millions of US dollars): 7,498
GDP per capita, PPP (current international US dollars): 24,823
Production
Agriculture (% of GDP): 1.7 %
Manufacture (% of GDP): 5.5 %
Industry excluding manufacture (% of GDP): 8.1 %
Services (% of GDP): 84.6 %
Trade
Total exports (millions of US dollars):
Total imports (millions of US dollars):
Main exported goods (% of total exports):
Alcoholic beverages (19.2 %)
Petroleum oils or bituminous minerals (8.3 %)
Medicaments (incl. veterinary medicaments) (6.3 %)
Ships, boats & floating structures (4.7 %)
Cereal preparations, flour of fruits or vegetables (3.5 %)
Price competitiveness
This section brings together various indicators related to the price dimension of countries’ competitiveness. These indicators include both measures of external price competitiveness (the price ratio between domestic and foreign goods in international markets) and internal price competitiveness (the price ratio between tradable and non-tradable domestic goods). All these indices are calculated for each country relative to a base year and constructed such that an increase in the index corresponds to a decline in the country’s price competitiveness.
| Barbados | ||
|---|---|---|
| Price competitiveness | - | |
| Nominal Effective Exchange Rate Barbados: 114 | 114 | |
| Real Effective Exchange Rate Barbados: - | - | |
| Internal Real Exchange Rate Barbados: 110 | 110 |