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Country Report Barbados 4th Quarter

  • ID: 2138823
  • Country Profile
  • December 2016
  • Region: Barbados
  • 26 Pages
  • The Economist Intelligence Unit
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Tourism arrival growth will remain relatively stable, powering an economic recovery, but the impact of the UK's vote to leave the EU will diminish tourists' spending power and slow the rate of GDP growth.

Thanks to a stronger economy, the prime minister, Freundel Stuart of the Democratic Labour Party (DLP), will narrowly win re-election in February 2018, despite lingering disenchantment with his fiscal reforms.

Real GDP growth will reach 1.4% in 2016 and 2% in 2017, driven by tourism-related investment. Manufacturing and financial services will make a small positive contribution, but the economy will remain reliant on tourism.
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Country Report Barbados 4th Quarter

Outlook for 2017-18

Basic data
Land area
Main town
Weather in Bridgetown (altitude 55 metres)
Public holidays

Political structure
Official name
Form of government
Head of state
The executive
National legislature
Legal system
National elections
National government
Main political organisations
Key ministers
Central Bank governor

Economic structure: Annual indicators

Economic structure: Quarterly indicators

Outlook for 2017-18: Political stability

Outlook for 2017-18: Election watch

Outlook for 2017-18: International relations

Outlook for 2017-18: Policy trends

Outlook for 2017-18: Fiscal policy

Outlook for 2017-18: Monetary policy

Outlook for 2017-18: International assumptions

Outlook for 2017-18: Economic growth

Outlook for 2017-18: Inflation

Outlook for 2017-18: Exchange rates

Outlook for 2017-18: External sector

Outlook for 2017-18: Forecast summary
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown