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The Barbados government encourages the development in: financial services, informatics, e-commerce, tourism, educational and health services, and cultural services for the future. In 2000 based on Barbados' level of growth – (at the time) Barbados was supposed to become the world's smallest developed country by 2008.
Barbados is the 52nd richest country in the world in terms of GDP (Gross Domestic Product) per capita, [141] with a well-developed mixed economy and a moderately high standard of living. According to the World Bank, Barbados is one of 83 high income economies in the world. [142]
A developed country, or advanced country, [3] [4] is a sovereign state that has a high quality of life, ... Barbados Belgium Bermuda* ...
Barbados also maintains a Cabinet level position to the Caribbean Community. For its own purposes, the CARICOM organization classifies its members as either More Developed Countries or Less developed countries. Barbados is classified as fitting into the More Developed Country (MDC) range. As such, Barbados is a large stakeholder in the CARICOM ...
Latin American and the Caribbean countries by GDP per capita PPP (2019). This is a list of Latin American and the Caribbean countries by gross domestic product at purchasing power parity in international dollars according to the International Monetary Fund 's estimates in the October 2023 World Economic Outlook database.
This is an accepted version of this page This is the latest accepted revision, reviewed on 26 January 2025. World map of countries or territories by Human Development Index scores in increments of 0.050 (based on 2022 data, published in 2024) ≥ 0.950 0.900–0.950 0.850–0.899 0.800–0.849 0.750–0.799 0.700–0.749 0.650–0.699 0.600–0.649 0.550–0.599 0.500–0.549 0.450–0.499 0. ...
Barbados: 0.90: 2017 est. 32 ... List of countries by percentage of population living in poverty; List of countries by real GDP growth rate;
The Human Development Index (HDI) is a summary index assessing countries on 3 dimensions, health, education and standard of living using life expectancy at birth, expected years of schooling for children and mean years of schooling for adults, and GNI PPP per capita. The final HDI is a value between 0 and 1 with countries grouped into four ...