conventional short form: Barbados
Caribbean, island in the North Atlantic
Ocean,
northeast of Venezuela
total: 430 sq km
land: 430 sq km
water: 0 sq km
284,589 (July 2009 est.)
0-14 years: 19.2% (male 27,383/female 27,352)
15-64 years: 71.3% (male 99,829/female 103,049)
65 years and over: 9.5% (male 10,464/female 16,512) (2009 est.)
Economy - overview:
Economy—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. The start of the Port Charles Marina project in
Speightstown helped the tourism industry continue to expand in
1996-97. The government continues its efforts to reduce the
unacceptably high unemployment rate encourage direct foreign
investment and privatize remaining state-owned enterprises
Economy:
Economy—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. The start of the Port Charles Marina project in
Speightstown helped the tourism industry continue to expand in
1996-97. The government continues its efforts to reduce the
unacceptably high unemployment rate encourage direct foreign
investment and privatize remaining state-owned enterprises
http://www.world66.com/centralamericathecaribbean/thecaribbean/barbados/economy
tourism, sugar, light manufacturing,
component assembly for export
Exports - commodities:
manufactures, sugar and molasses, rum, other foods and beverages,
chemicals, electrical components
$385 million (2006)
Exports - partners:
Trinidad and Tobago 15.5%, Jamaica 13.6%, Brazil 9.9%, US 8.6%, UK
7.8%, Saint Lucia 7.2%, Saint Vincent and the Grenadines 4.5% (2008)
consumer goods, machinery, foodstuffs,
construction materials, chemicals, fuel, electrical components
$1.586 billion (2006)
Imports - partners:
US 27.8%, Trinidad and Tobago 26.3%, Russia 7.3%, Germany 4.2%
(2008)
Barbadian dollars (BBD) per US dollar -
NA (2007), 2 (2006), 2 (2005), 2 (2004), 2 (2003)
GDP :
$5.425 billion (2008 est.)
$5.388 billion (2007 est.)
$5.216 billion (2006 est.)
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