International Security Bulletin

Barbados

Capital: Bridgetown

History

The island was uninhabited when first settled by the British in 1627. African slaves worked the sugar plantations established on the island until 1834 when slavery was abolished. The economy remained heavily dependent on sugar, rum, and molasses production through most of the 20th century. The gradual introduction of social and political reforms in the 1940s and 1950s led to complete independence from the UK in 1966. In the 1990s, tourism and manufacturing surpassed the sugar industry in economic importance.

Geography

Metric Units

Total Area 430 sq km
Land Boundaries 0 km
Border Countries No data
Coastline 97 km
Terrain relatively flat; rises gently to central highland region
Minimum Elevation 0 m
Maximum Elevation 336 m
Climate tropical; rainy season (June to October)
Natural Resources petroleum, fish, natural gas
Arable Land 27.91%
Permanent Crops 2.33%

Economy

Gross Domestic Product $7.09 billion
GDP (per capita) $25,500
GDP Growth 0.7%
Unemployment Rate 11.2%
Population in Poverty No data%
GINI Index No data

Budget & Debt

Expenditures $1.5 billion
Revenue $1.3 billion
Current Account Balance $-344.9 million
External Debt $4.49 billion

Trade

Exports $491.1 million
Export Items manufactures, sugar and molasses, rum, other foods and beverages, chemicals, electrical components
Export Partners Trinidad and Tobago 18.9%, France 10.7%, US 9.7%, St. Lucia 8.8%, St. Vincent and the Grenadines 5.4%, Venezuela 4.9%, Antigua and Barbuda 4.5%, St. Kitts and Nevis 4.2% (2011)
Imports $1.63 billion
Import Items consumer goods, machinery, foodstuffs, construction materials, chemicals, fuel, electrical components
Import Partners Russia 26.6%, Trinidad and Tobago 24.8%, US 18.6%, China 6.1% (2011)

People

Population 288,725
Population Growth 0.34%
Ethnic Groups black 93%, white 3.2%, mixed 2.6%, East Indian 1%, other 0.2% (2000 census)
Religion Protestant 63.4% (Anglican 28.3%, Pentecostal 18.7%, Methodist 5.1%, other 11.3%), Roman Catholic 4.2%, other Christian 7%, other 4.8%, none or unspecified 20.6% (2008 est.)
Life Expectancy 74.75 years
Infant Mortality 0.94 deaths/1,000 live births
Maternal Mortality 1.7 deaths/100,000 live births

Energy

Electricity Production 1.04 billion kWh
Electricity Consumption 955 million kWh
From Fossil Fuels 100%
From Nuclear 0%
From Hydroelectric 0%
From Renewable Sources 0%