High International Ranking
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 SurveyedRankingRegionPublicationYear Published
Literacy1774WorldwideUnited Nations Development Programme Report2007/2008
Human Development
Index [1]
1893Latin American/ Caribbean countries United Nations Human
Development Report
2019
5Americas
Networked Readiness
Index
1432Latin American/ Caribbean countries World Economic Forum’s
Global Information
Technology Report
2015
29Worldwide
Transparency1804Latin American/ Caribbean countries Transparency
International’s
Corruption Perceptions
Index
2019
30Worldwide
Availability of Latest
Technologies
1383Latin American/ Caribbean countries Global Competitiveness
Report
2016/2017
37Worldwide
Economic Freedom [2]18011Latin American/ Caribbean countries Index of Economic
Freedom
2019
67Worldwide
Soundness of Banks 1413Latin American/ Caribbean countries Global Competitiveness
Report
2019
49Worldwide
Global Competitiveness1419Latin American/ Caribbean countries Global Competitiveness
Report
2019
77Worldwide
FDI and Technology Transfer 1386Latin American/ Caribbean countries Global Competitiveness
Report
2016/2017
34Worldwide
Regulation of Securities Exchanges13811Latin 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

Attractive Value Proposition
Barbados also offers a range of efficient business structures through which international business can be conducted.

Barbados continues to offer an attractive value proposition.  Apart from its strong human capital, modern infrastructure, sophisticated business environment and excellent quality of life, the country is recognised as a reputable, transparent jurisdiction for international business, with procedures for disclosure and information exchange.

These well regulated corporate structures enjoy several benefits, including full and unrestricted repatriation of capital, profits and dividends, and facilitate global business entities in enhancing their competitive advantage.

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