 |
 Login |
|
|
|
|
|
|
| Government Type |
parliamentary democracy; independent sovereign state within the Commonwealth |
| Legal System |
English common law; no judicial review of legislative acts |
| Currency |
Barbadian dollar (BBD) |
| Economic Overview |
Historically, the Barbadian economy had been dependent on sugarcane cultivation and related activities, but production in recent years has diversified into manufacturing and tourism. Offshore finance and information services are important foreign exchange earners, and there is also a light-manufacturing sector. The government continues its efforts to reduce unemployment, to encourage direct foreign investment, and to privatize remaining state-owned enterprises. The economy contracted in 2002 mainly due to a 3% decline in tourism. Growth should be positive in 2003, the precise level largely dependent on economic conditions in the US and Europe. |
| Natural Resources |
petroleum, fish, natural gas |
| Primary Industries |
tourism, sugar, light manufacturing, component assembly for export |
| Agricultural Products |
sugarcane, vegetables, cotton |
| Import Commodities |
consumer goods, machinery, foodstuffs, construction materials, chemicals, fuel, electrical components |
| Export Commodities |
sugar and molasses, rum, other foods and beverages, chemicals, electrical components |
| Export Partners |
Caribbean Community 43.2%, US 15.3%, UK 13.2%, Canada 2.0% (2000) |
| AIRPORTS of Barbados |
| GRANTLEY ADAMS INTERNATIONAL AIRPORT |
The airport is located approximately 16km (10 miles) southeast of Bridgetown city centre |
Detals |
|
|
|
