Barbados

Barbados Country Report: GDP data and GDP forecasts; economic, financial and trade information; the best
banks in Barbados; country and population overview

DATA ON GDP AND ECONOMIC INFORMATION
Central bank

Central Bank of Barbados
International Reserves

US$ 812.597 million (Source: IMF; Data updated: 2012)
Gross Domestic Product - GDP

US$ 4.706 billion (2010 estimate)
GDP (Purchasing Power Parity)

6.635 billion of International dollars (2010 estimate)
Real GDP growth

2001 2002 2003 2004 2005 2006 2007 2008
-2.6% 0.7% 2% 4.8% 3.9% 3.6% 3.8% -0.2%
2009 2010 2011 2012*

-4.2% 0.2% 0.5% 0.9%

*Estimate
GDP per capita - current prices

US$ 16,929 (2009 estimate)
GDP per capita - PPP

$23,870 International Dollars (2009 estimate)
GDP (PPP) - share of world total

1980 1990 2000 2010 2015**
0.02% 0.01% 0.01% 0.01% 0.01%
**Forecast
GDP - composition by sector

agriculture: 3.4%
industry: 13.4%
services: 83.2% (2011 estimate)
(Data released on February 2012)
Gross domestic expenditure on R&D (% of GDP)

N/A
(Data released on March 2012)
Inflation

2009 2010 2011 2012*
3.7% 5.8% 9.4% 6.4%
*Estimate
Unemployment rate

2009 2010 2011 2012*
10.2% 10.6% 11.5% 11%
*Estimate
Household saving rates

N/A
(Data released on December 2011)
Public debt (General government gross debt as a % of GDP)

2008 2009 2010 2011 2012*
90.9% 104% 116.8% 117.3% 117.8%
*Estimate
Public deficit (General government net lending/borrowing as
a % of GDP)

2008 2009 2010 2011* 2012**
-6.5% -7.1% -7.3% -4.3% -3.2%
*Estimate **Forecast
Government bond ratings

Standard & Poor's: BB+
Moody's rating: Baa3
Moody's outlook: NEG
(Foreign Currency Government Bond Ratings; Data last updated Dec 2011 and Nov 2012)
Market value of publicly traded shares

2009 2010 2011
US$4.39 billion US$4.366 billion US$4.571 billion
Largest companies in Barbados

N/A
DATA ON TRADE AND COMPETITIVENESS
COUNTRY AND POPULATION OVERVIEW
GLOBAL FINANCE RANKINGS AND AWARDS
ARTICLES AND COUNTRIES REPORTS FROM GLOBAL FINANCE ARCHIVE


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BARBADOS FORECAST | ECONOMIC INDICATORS | DATA LIST BY COUNTRY

ACTUAL FORECAST QUARTERLY FORECAST LONG- TERM FORECAST

GDP VALUE DATE VALUE DATE Q1 Q2 Q3 Q4 2015 2020 2030
GDP 3.69 DEC-11 3.67 DEC-12 3.6 3.66 3.71 3.75 4.66 7.03 20.49 [+]
GDP PER CAPITA PPP 17170.53 DEC-09 17100 DEC-10 18058 17922 17731 17496 20830 32232 97645 [+]

ACTUAL FORECAST QUARTERLY FORECAST LONG- TERM FORECAST

LABOUR VALUE DATE VALUE DATE Q1 Q2 Q3 Q4 2015 2020 2030
UNEMPLOYMENT RATE 11.70 SEP-13 10.5 DEC-13 10.33 10.5 10.17 9.73 9.63 7.53 8.03 [+]

ACTUAL FORECAST QUARTERLY FORECAST LONG- TERM FORECAST

PRICES VALUE DATE VALUE DATE Q1 Q2 Q3 Q4 2015 2020 2030
INFLATION RATE 1.80 DEC-13 1.07 DEC-13 0.56 0.43 0.72 1.19 2.41 3.89 3.78 [+]

ACTUAL FORECAST QUARTERLY FORECAST LONG- TERM FORECAST

MONEY VALUE DATE VALUE DATE Q1 Q2 Q3 Q4 2015 2020 2030
INTEREST RATE 3.19 FEB-14 3.25 MAR-14 3.25 3.51 3.27 3.52 3.31 3.49 3.85 [+]

ACTUAL FORECAST QUARTERLY FORECAST LONG- TERM FORECAST

GOVERNMENT VALUE DATE VALUE DATE Q1 Q2 Q3 Q4 2015 2020 2030
GOVERNMENT BUDGET -7.00 DEC-11 -6.94 DEC-12 -6.65 -6.65 -6.65 -6.65 -6.64 -2.89 -2.64 [+]

ACTUAL FORECAST QUARTERLY FORECAST LONG- TERM FORECAST

TAXES VALUE DATE VALUE DATE Q1 Q2 Q3 Q4 2015 2020 2030
PERSONAL INCOME TAX RATE 35.00 JAN-14

[+]
CORPORATE TAX RATE 25.00 JAN-14 25 JUN-14 25 25 25 25 25 25 25 [+]
SALES TAX RATE 17.50 JAN-14 17 JUN-14 17 17 17 17 17 17 17 [+]