Barbados

Agriculture

Its economy is fundamentally based on agriculture and counts on fertile and well-cultivated soils.


Exportations

Sugar and molasses, rum, foodstuffs, liquors, chemicals, electric components and fabrics


IVH

Birth rate: 23.0. Mortality rate: 10.8. Child mortality rate (per 1,000 live births): 22,2. Life expectancy: 72 years.


Importations

Construction materials, fuel oil, electric components, chemicals and foodstuffs


Industry

Fishing has become an economic key player. Tourism-related infrastructures began developing since the late 1960s and now take in more hard currency than sugar byproducts.Gross national product back in 1990 reached $1.68 billion as a result of a $6,540 per-capita ratio.Industry has likewise developed in making components and items for export.


PIB

In 1999, the nation’s GDP was $156 million, yielding a per-capita ratio of $3,960.


Fishing

9,100 tons


Main Branches

Its major economic activities hinge on the production of sugar, liquors, molasses, margarine, pork fat, fruits and seafood.


Transport

The island nation is outfitted with a top-rated road mesh; 1,475km of such roads are paved. The international airport is in Seawell, in southern Barbados. Bridgetown’s artificial seaport was officially opened in 1961.


Commercial Treaties

WTO, CARBCAN, Lome Convention for the Caribbean Basin