Profile of Barbados
General Information
Size: 166 sq. miles/430 sq. km.
Capital: Bridgetown
Government: Parliamentary Republic
Language: English
Time Zone: GMT – 4 hours
Population: 265,332 (2023)
Workforce: 134,300 (2023)
Literacy Rate: 99.6%
Climate: Air Temperature 22-30°C/70-90°F
Relative Humidity: 60-70%
Currency: Barbados Dollars (BDS$) BDS$ 2.00 – US$ 1.00
Major Trading Partners: CARICOM, USA, UK, Canada, Germany, Japan
Key Economic Indicators 2022
Gross Domestic Product: US$6.7B (P)
GDP per capita: US$25,250 (P)
Unemployment Rate: 7.9%
Average Inflation: 5.0%
