Barbados' performance in the international arena shows its dedication to maintaining a conducive business environment. Barbados consistently ranks highly among both developed and developing nations in several global indices covering areas of social, economic and financial importance.
Well respected international bodies including the United Nations, the World Economic Forum and Transparency International have recognised the economic and social positioning, and strides made by Barbados, Barbados’ high rankings independently confirm the strength of the environment.
See our International Rankings Table below:
Select International Rankings for Barbados
Indicator | # of Countries/ Economies Surveyed | Ranking | Region | Publication | Year Published |
---|---|---|---|---|---|
Literacy | 177 | 4 | Worldwide | United Nations Development Programme Report | 2007/2008 |
Human Development Index [1] | 189 | 6 | Latin American/ Caribbean countries | United Nations Human Development Report | 2020 |
8 | Americas | ||||
Networked Readiness Index | 143 | 2 | Latin American/ Caribbean countries | World Economic Forum’s Global Information Technology Report | 2015 |
29 | Worldwide | ||||
Transparency | 180 | 3 | Latin American/ Caribbean countries | Transparency International’s Corruption Perceptions Index | 2021 |
29 | Worldwide | ||||
Availability of Latest Technologies | 138 | 3 | Latin American/ Caribbean countries | Global Competitiveness Report | 2016/2017 |
37 | Worldwide | ||||
Economic Freedom [2] | 177 | 2 | Latin American/ Caribbean countries | Index of Economic Freedom | 2022 |
4 | Americas | ||||
Soundness of Banks | 141 | 3 | Latin American/ Caribbean countries | Global Competitiveness Report | 2019 |
49 | Worldwide | ||||
Global Competitiveness | 141 | 9 | Latin American/ Caribbean countries | Global Competitiveness Report | 2019 |
77 | Worldwide | ||||
FDI and Technology Transfer | 138 | 6 | Latin American/ Caribbean countries | Global Competitiveness Report | 2016/2017 |
34 | Worldwide | ||||
Regulation of Securities Exchanges | 138 | 11 | Latin American/ Caribbean countries | Global Competitiveness Report | 2016/2017 |
Updated: January 30, 2019
[1] The Human Development Index (HDI) combines a number of indexes: life expectancy, literacy, educational attainment, and GDP per capita for countries worldwide. It is a measurement of a country’s development
[2] This demonstrates the relationship between economic freedom and positive social and economic values