Quick facts

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 2023

Gross Domestic Product US$5.6B (P)
GDP Per Capita US$18,150 (P)
Unemployment Rate 7.9%
Average Inflation 5.0%